Broadwind, Inc. Common Stock (BWEN) — Stock Correlations & Overview
Over the past year, BWEN has moved most closely with RAL, BZFD, AMBQ. Explore the stocks most correlated and inversely correlated with BWEN below, along with its price, financials, and company profile.
Stocks correlated with BWEN
Correlation of daily returns. Higher positive values move with BWEN; negative values move opposite it. Informational only, not investment advice.
Most correlated with BWEN
| Symbol | Company | Correlation |
|---|---|---|
| RAL | Ralliant CorporationINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL | 0.53 |
| BZFD | BuzzFeed, Inc. Class A Common StockCOMMUNICATIONS SERVICES, NEC | 0.47 |
| AMBQ | Ambiq Micro, Inc.SEMICONDUCTORS & RELATED DEVICES | 0.46 |
| TOAK | Twin Oak Short Horizon Absolute Return ETF | 0.42 |
| VPG | Vishay Precision Group, Inc.ELECTRONIC COMPONENTS & ACCESSORIES | 0.41 |
Most inversely correlated with BWEN
| Symbol | Company | Correlation |
|---|---|---|
| GTM | ZoomInfo Technologies Inc Common StockSERVICES-PREPACKAGED SOFTWARE | -0.37 |
| BKYI | BIO-key International, Inc. Common StockSERVICES-PREPACKAGED SOFTWARE | -0.24 |
| EVC | Entravision CommunicationTELEVISION BROADCASTING STATIONS | -0.23 |
| BNKD | MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.23 |
| DOLE | Dole plc | -0.22 |
Frequently asked questions about BWEN correlations
- Which stocks are most correlated with BWEN?
- Based on one year of daily returns, the stocks most correlated with Broadwind, Inc. Common Stock (BWEN) are RAL (0.53), BZFD (0.47) and AMBQ (0.46). 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 BWEN?
- Over the past year, the stocks most inversely correlated with Broadwind, Inc. Common Stock (BWEN) are GTM (-0.37), BKYI (-0.24) and EVC (-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 BWEN correlations calculated?
- We compute the correlation of daily returns between BWEN 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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