Bridgford Foods Corp (BRID) — Stock Correlations & Overview
Over the past year, BRID has moved most closely with FDX, RTX, SFpC. Explore the stocks most correlated and inversely correlated with BRID below, along with its price, financials, and company profile.
Stocks correlated with BRID
Correlation of daily returns. Higher positive values move with BRID; negative values move opposite it. Informational only, not investment advice.
Most correlated with BRID
| Symbol | Company | Correlation |
|---|---|---|
| FDX | FedEx CorporationAIR COURIER SERVICES | 0.23 |
| RTX | RTX CorporationAIRCRAFT ENGINES & ENGINE PARTS | 0.22 |
| SFpC | Stifel Financial Corp. Depositary Shares, Each Representing 1/1, 000th Interest in a Share of 6.125% Non Cumulative Preferred Stock, Series CSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.22 |
| DRTS | Alpha Tau Medical Ltd. Ordinary Shares | 0.21 |
| IBIO | iBio, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.21 |
Most inversely correlated with BRID
| Symbol | Company | Correlation |
|---|---|---|
| AAPG | Ascentage Pharma Group International American Depository Shares | -0.25 |
| ECBK | ECB Bancorp, Inc. Common StockSAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED | -0.24 |
| LAKE | Lakeland Industries IncORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES | -0.23 |
| NEUP | Neuphoria Therapeutics Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.23 |
| JILL | J.Jill, Inc. Common StockWOMEN'S, MISSES', AND JUNIORS OUTERWEAR | -0.23 |
Frequently asked questions about BRID correlations
- Which stocks are most correlated with BRID?
- Based on one year of daily returns, the stocks most correlated with Bridgford Foods Corp (BRID) are FDX (0.23), RTX (0.22) and SFpC (0.22). 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 BRID?
- Over the past year, the stocks most inversely correlated with Bridgford Foods Corp (BRID) are AAPG (-0.25), ECBK (-0.24) and LAKE (-0.23). 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 BRID correlations calculated?
- We compute the correlation of daily returns between BRID 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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