Commercial Bancgroup, Inc. Common Stock (CBK) — Stock Correlations & Overview
Over the past year, CBK has moved most closely with QABA, LKFN, SMLV. Explore the stocks most correlated and inversely correlated with CBK below, along with its price, financials, and company profile.
Stocks correlated with CBK
Correlation of daily returns. Higher positive values move with CBK; negative values move opposite it. Informational only, not investment advice.
Most correlated with CBK
| Symbol | Company | Correlation |
|---|---|---|
| QABA | First Trust NASDAQ ABA Community Bank Index Fund | 0.59 |
| LKFN | Lakeland Financial CorpSTATE COMMERCIAL BANKS | 0.59 |
| SMLV | State Street SPDR US Small Cap Low Volatility Index ETF | 0.58 |
| WTBA | West BancorporationSTATE COMMERCIAL BANKS | 0.58 |
| FDM | First Trust Dow Jones Select MicroCap Index Fund | 0.58 |
Most inversely correlated with CBK
| Symbol | Company | Correlation |
|---|---|---|
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.57 |
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.44 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.44 |
| SEF | ProShares Short Financials | -0.44 |
| SKF | ProShares UltraShort Financials | -0.43 |
Frequently asked questions about CBK correlations
- Which stocks are most correlated with CBK?
- Based on one year of daily returns, the stocks most correlated with Commercial Bancgroup, Inc. Common Stock (CBK) are QABA (0.59), LKFN (0.59) and SMLV (0.58). 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 CBK?
- Over the past year, the stocks most inversely correlated with Commercial Bancgroup, Inc. Common Stock (CBK) are SKRE (-0.57), FAZ (-0.44) and FLYD (-0.44). 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 CBK correlations calculated?
- We compute the correlation of daily returns between CBK 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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