Chain Bridge Bancorp, Inc. (CBNA) — Stock Correlations & Overview
Over the past year, CBNA has moved most closely with ECBK, BVFL, FDBC. Explore the stocks most correlated and inversely correlated with CBNA below, along with its price, financials, and company profile.
Stocks correlated with CBNA
Correlation of daily returns. Higher positive values move with CBNA; negative values move opposite it. Informational only, not investment advice.
Most correlated with CBNA
| Symbol | Company | Correlation |
|---|---|---|
| ECBK | ECB Bancorp, Inc. Common StockSAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED | 0.39 |
| BVFL | BV Financial, Inc. Common StockSAVINGS INSTITUTION, FEDERALLY CHARTERED | 0.37 |
| FDBC | Fidelity D & D Bancorp, Inc. Common StockNATIONAL COMMERCIAL BANKS | 0.37 |
| FDM | First Trust Dow Jones Select MicroCap Index Fund | 0.36 |
| BFST | Business First Bancshares, Inc. Common StockSTATE COMMERCIAL BANKS | 0.34 |
Most inversely correlated with CBNA
| Symbol | Company | Correlation |
|---|---|---|
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.29 |
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.27 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.25 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.24 |
| SDD | ProShares UltraShort SmallCap600 | -0.24 |
Frequently asked questions about CBNA correlations
- Which stocks are most correlated with CBNA?
- Based on one year of daily returns, the stocks most correlated with Chain Bridge Bancorp, Inc. (CBNA) are ECBK (0.39), BVFL (0.37) and FDBC (0.37). 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 CBNA?
- Over the past year, the stocks most inversely correlated with Chain Bridge Bancorp, Inc. (CBNA) are CARD (-0.29), SKRE (-0.27) and SCC (-0.25). 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 CBNA correlations calculated?
- We compute the correlation of daily returns between CBNA 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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