Citizens Community Bancorp, Inc. (CZWI) — Stock Correlations & Overview
Over the past year, CZWI has moved most closely with SBSI, CCNE, QABA. Explore the stocks most correlated and inversely correlated with CZWI below, along with its price, financials, and company profile.
Stocks correlated with CZWI
Correlation of daily returns. Higher positive values move with CZWI; negative values move opposite it. Informational only, not investment advice.
Most correlated with CZWI
| Symbol | Company | Correlation |
|---|---|---|
| SBSI | Southside Bancshares, Inc.STATE COMMERCIAL BANKS | 0.63 |
| CCNE | CNB Financial Corp/PASTATE COMMERCIAL BANKS | 0.62 |
| QABA | First Trust NASDAQ ABA Community Bank Index Fund | 0.61 |
| FRME | First Merchants CorpNATIONAL COMMERCIAL BANKS | 0.61 |
| GSBC | Great Southern Bancorp IncSTATE COMMERCIAL BANKS | 0.61 |
Most inversely correlated with CZWI
| Symbol | Company | Correlation |
|---|---|---|
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.59 |
| BNKD | MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.35 |
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.35 |
| SDD | ProShares UltraShort SmallCap600 | -0.35 |
| SKF | ProShares UltraShort Financials | -0.34 |
Frequently asked questions about CZWI correlations
- Which stocks are most correlated with CZWI?
- Based on one year of daily returns, the stocks most correlated with Citizens Community Bancorp, Inc. (CZWI) are SBSI (0.63), CCNE (0.62) and QABA (0.61). 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 CZWI?
- Over the past year, the stocks most inversely correlated with Citizens Community Bancorp, Inc. (CZWI) are SKRE (-0.59), BNKD (-0.35) and FAZ (-0.35). 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 CZWI correlations calculated?
- We compute the correlation of daily returns between CZWI 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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