Bank of the James Financial Group, Inc (BOTJ) — Stock Correlations & Overview
Over the past year, BOTJ has moved most closely with FDBC, OBK, OVLY. Explore the stocks most correlated and inversely correlated with BOTJ below, along with its price, financials, and company profile.
Stocks correlated with BOTJ
Correlation of daily returns. Higher positive values move with BOTJ; negative values move opposite it. Informational only, not investment advice.
Most correlated with BOTJ
| Symbol | Company | Correlation |
|---|---|---|
| FDBC | Fidelity D & D Bancorp, Inc. Common StockNATIONAL COMMERCIAL BANKS | 0.35 |
| OBK | Origin Bancorp, Inc.STATE COMMERCIAL BANKS | 0.35 |
| OVLY | Oak Valley BancorpSTATE COMMERCIAL BANKS | 0.32 |
| COSO | CoastalSouth Bancshares, Inc.STATE COMMERCIAL BANKS | 0.32 |
| NKSH | National Bankshares Inc/VANATIONAL COMMERCIAL BANKS | 0.31 |
Most inversely correlated with BOTJ
| Symbol | Company | Correlation |
|---|---|---|
| TBN | Tamboran Resources CorporationCRUDE PETROLEUM & NATURAL GAS | -0.27 |
| HTFC | Horizon Technology Finance Corporation 6.25% Notes due 2027 | -0.26 |
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.26 |
| TPET | Trio Petroleum Corp.CRUDE PETROLEUM & NATURAL GAS | -0.22 |
| COMB | GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF | -0.21 |
Frequently asked questions about BOTJ correlations
- Which stocks are most correlated with BOTJ?
- Based on one year of daily returns, the stocks most correlated with Bank of the James Financial Group, Inc (BOTJ) are FDBC (0.35), OBK (0.35) and OVLY (0.32). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with BOTJ?
- Over the past year, the stocks most inversely correlated with Bank of the James Financial Group, Inc (BOTJ) are TBN (-0.27), HTFC (-0.26) and SKRE (-0.26). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these BOTJ correlations calculated?
- We compute the correlation of daily returns between BOTJ and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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