Bowman Consulting Group Ltd. Common Stock (BWMN) — Stock Correlations & Overview
Over the past year, BWMN has moved most closely with VREX, SCKT, HZO. Explore the stocks most correlated and inversely correlated with BWMN below, along with its price, financials, and company profile.
Stocks correlated with BWMN
Correlation of daily returns. Higher positive values move with BWMN; negative values move opposite it. Informational only, not investment advice.
Most correlated with BWMN
| Symbol | Company | Correlation |
|---|---|---|
| VREX | Varex Imaging Corporation Common StockELECTRONIC COMPONENTS, NEC | 0.62 |
| SCKT | Socket Mobile, Inc. NewELECTRONIC COMPUTERS | 0.60 |
| HZO | MarineMax, Inc.RETAIL-AUTO & HOME SUPPLY STORES | 0.60 |
| JWEL | Jowell Global Ltd. Ordinary Shares | 0.57 |
| ARTW | Arts-Way Manufacturing Co IncFARM MACHINERY & EQUIPMENT | 0.48 |
Most inversely correlated with BWMN
| Symbol | Company | Correlation |
|---|---|---|
| TENX | Tenax Therapeutics, Inc.PHARMACEUTICAL PREPARATIONS | -0.65 |
| SION | Sionna Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.64 |
| NABL | N-able, Inc.SERVICES-PREPACKAGED SOFTWARE | -0.41 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.36 |
| TWM | ProShares UltraShort Russell2000 | -0.36 |
Frequently asked questions about BWMN correlations
- Which stocks are most correlated with BWMN?
- Based on one year of daily returns, the stocks most correlated with Bowman Consulting Group Ltd. Common Stock (BWMN) are VREX (0.62), SCKT (0.60) and HZO (0.60). 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 BWMN?
- Over the past year, the stocks most inversely correlated with Bowman Consulting Group Ltd. Common Stock (BWMN) are TENX (-0.65), SION (-0.64) and NABL (-0.41). 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 BWMN correlations calculated?
- We compute the correlation of daily returns between BWMN 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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