Bogota Financial Corp. Common Stock (BSBK) — Stock Correlations & Overview
Over the past year, BSBK has moved most closely with LJAN, DJIA, ING. Explore the stocks most correlated and inversely correlated with BSBK below, along with its price, financials, and company profile.
Stocks correlated with BSBK
Correlation of daily returns. Higher positive values move with BSBK; negative values move opposite it. Informational only, not investment advice.
Most correlated with BSBK
| Symbol | Company | Correlation |
|---|---|---|
| LJAN | Innovator Premium Income 15 Buffer ETF - January | 0.28 |
| DJIA | Global X Dow 30 Covered Call ETF | 0.27 |
| ING | ING Groep N.V. American Depositary Shares | 0.26 |
| WAL | Western Alliance BancorporationSTATE COMMERCIAL BANKS | 0.26 |
| XDEC | FT Vest U.S. Equity Enhance & Moderate Buffer ETF - December | 0.25 |
Most inversely correlated with BSBK
| Symbol | Company | Correlation |
|---|---|---|
| DBE | Invesco DB Energy FundCOMMODITY CONTRACTS BROKERS & DEALERS | -0.24 |
| OILK | ProShares K-1 Free Crude Oil ETF | -0.24 |
| EPV | ProShares UltraShort FTSE Europe | -0.23 |
| UGA | United States Gasoline Fund, LPCOMMODITY CONTRACTS BROKERS & DEALERS | -0.23 |
| USL | United States 12 Month Oil Fund, LPCOMMODITY CONTRACTS BROKERS & DEALERS | -0.23 |
Frequently asked questions about BSBK correlations
- Which stocks are most correlated with BSBK?
- Based on one year of daily returns, the stocks most correlated with Bogota Financial Corp. Common Stock (BSBK) are LJAN (0.28), DJIA (0.27) and ING (0.26). 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 BSBK?
- Over the past year, the stocks most inversely correlated with Bogota Financial Corp. Common Stock (BSBK) are DBE (-0.24), OILK (-0.24) and EPV (-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 BSBK correlations calculated?
- We compute the correlation of daily returns between BSBK 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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