BWX Technologies, Inc. (BWXT) — Stock Correlations & Overview
Over the past year, BWXT has moved most closely with CW, XAR, RCTR. Explore the stocks most correlated and inversely correlated with BWXT below, along with its price, financials, and company profile.
Stocks correlated with BWXT
Correlation of daily returns. Higher positive values move with BWXT; negative values move opposite it. Informational only, not investment advice.
Most correlated with BWXT
| Symbol | Company | Correlation |
|---|---|---|
| CW | Curtiss-Wright Corp.MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT | 0.78 |
| XAR | State Street SPDR S&P Aerospace & Defense ETF | 0.74 |
| RCTR | First Trust Bloomberg Nuclear Power ETF | 0.74 |
| NUKZ | Range Nuclear Renaissance Index ETF | 0.74 |
| AIPO | Defiance AI & Power Infrastructure ETF | 0.72 |
Frequently asked questions about BWXT correlations
- Which stocks are most correlated with BWXT?
- Based on one year of daily returns, the stocks most correlated with BWX Technologies, Inc. (BWXT) are CW (0.78), XAR (0.74) and RCTR (0.74). 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 BWXT?
- Over the past year, the stocks most inversely correlated with BWX Technologies, Inc. (BWXT) are BTAL (-0.62), SIJ (-0.62) and TZA (-0.58). 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 BWXT correlations calculated?
- We compute the correlation of daily returns between BWXT 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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