Which stocks are most correlated with BOW?

Based on one year of daily returns, the stocks most correlated with Bowhead Specialty Holdings Inc. (BOW) are SKWD (0.64), KIE (0.59) and KBWP (0.57). 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 BOW?

Over the past year, the stocks most inversely correlated with Bowhead Specialty Holdings Inc. (BOW) are FAZ (-0.29), HDGE (-0.28) and SKRE (-0.28). A negative correlation means the two stocks have tended to move in opposite directions.

Bowhead Specialty Holdings Inc. (BOW) — Stock Correlations & Overview

Over the past year, BOW has moved most closely with SKWD, KIE, KBWP. Explore the stocks most correlated and inversely correlated with BOW below, along with its price, financials, and company profile.

Stocks correlated with BOW

Correlation of daily returns. Higher positive values move with BOW; negative values move opposite it. Informational only, not investment advice.

Most correlated with BOW

Symbol	Company	Correlation
SKWD	Skyward Specialty Insurance Group, Inc. Common StockFIRE, MARINE & CASUALTY INSURANCE	0.64
KIE	State Street SPDR S&P Insurance ETF	0.59
KBWP	Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE	0.57
CNA	CNA Financial CorporationFIRE, MARINE & CASUALTY INSURANCE	0.57
IAK	iShares U.S. Insurance ETF	0.55

Most inversely correlated with BOW

Symbol	Company	Correlation
FAZ	Direxion Daily Financial Bear 3x ETF	-0.29
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.28
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.28
SEF	ProShares Short Financials	-0.28
SKF	ProShares UltraShort Financials	-0.28

Frequently asked questions about BOW correlations

Which stocks are most correlated with BOW?: Based on one year of daily returns, the stocks most correlated with Bowhead Specialty Holdings Inc. (BOW) are SKWD (0.64), KIE (0.59) and KBWP (0.57). 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 BOW?: Over the past year, the stocks most inversely correlated with Bowhead Specialty Holdings Inc. (BOW) are FAZ (-0.29), HDGE (-0.28) and SKRE (-0.28). 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 BOW correlations calculated?: We compute the correlation of daily returns between BOW 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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