Columbia Financial, Inc. Common Stock (CLBK) — Stock Correlations & Overview
Over the past year, CLBK has moved most closely with PYPD, LSTA, DHR. Explore the stocks most correlated and inversely correlated with CLBK below, along with its price, financials, and company profile.
Stocks correlated with CLBK
Correlation of daily returns. Higher positive values move with CLBK; negative values move opposite it. Informational only, not investment advice.
Most correlated with CLBK
| Symbol | Company | Correlation |
|---|---|---|
| PYPD | PolyPid Ltd. Ordinary Shares | 0.56 |
| LSTA | Lisata Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | 0.41 |
| DHR | Danaher CorporationINDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL | 0.41 |
| MSCI | MSCI, Inc.SERVICES-BUSINESS SERVICES, NEC | 0.37 |
| ZYBT | Zhengye Biotechnology Holding Limited Class A Ordinary Shares | 0.36 |
Most inversely correlated with CLBK
| Symbol | Company | Correlation |
|---|---|---|
| UTZ | Utz Brands, Inc.MISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS | -0.77 |
| CPHI | China Pharma Holdings, Inc.PHARMACEUTICAL PREPARATIONS | -0.69 |
| LXPpC | LXP Industrial Trust 6.5% Series C Cumulative Convertible Preferred StockREAL ESTATE INVESTMENT TRUSTS | -0.49 |
| OMH | Ohmyhome Limited Class A Ordinary Shares | -0.49 |
| SBRA | Sabra Healthcare REIT, Inc.REAL ESTATE INVESTMENT TRUSTS | -0.38 |
Frequently asked questions about CLBK correlations
- Which stocks are most correlated with CLBK?
- Based on one year of daily returns, the stocks most correlated with Columbia Financial, Inc. Common Stock (CLBK) are PYPD (0.56), LSTA (0.41) and DHR (0.41). 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 CLBK?
- Over the past year, the stocks most inversely correlated with Columbia Financial, Inc. Common Stock (CLBK) are UTZ (-0.77), CPHI (-0.69) and LXPpC (-0.49). 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 CLBK correlations calculated?
- We compute the correlation of daily returns between CLBK 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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