Digital Brands Group, Inc. Common Stock (DBGI) — Stock Correlations & Overview
Over the past year, DBGI has moved most closely with BANCpF, AIYY, AI. Explore the stocks most correlated and inversely correlated with DBGI below, along with its price, financials, and company profile.
Stocks correlated with DBGI
Correlation of daily returns. Higher positive values move with DBGI; negative values move opposite it. Informational only, not investment advice.
Most correlated with DBGI
| Symbol | Company | Correlation |
|---|---|---|
| BANCpF | Banc of California, Inc. Depositary Shares, each representing a 1/40th interest in a share of 7.75% non- cumulative perpetual preferred stock, Series FNATIONAL COMMERCIAL BANKS | 0.28 |
| AIYY | YieldMax AI Option Income Strategy ETF | 0.25 |
| AI | C3.ai, Inc.SERVICES-PREPACKAGED SOFTWARE | 0.24 |
| DAVA | Endava plc American Depositary Shares (each representing one Class A Ordinary Share) | 0.24 |
| HIYY | YieldMax HIMS Option Income Strategy ETF | 0.23 |
Most inversely correlated with DBGI
| Symbol | Company | Correlation |
|---|---|---|
| CTW | CTW Class A Ordinary Shares | -0.22 |
| BTOC | Armlogi Holding Corp. common stockPUBLIC WAREHOUSING & STORAGE | -0.22 |
| STPZ | PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund | -0.21 |
| STIP | iShares 0-5 Year TIPS Bond ETF | -0.20 |
| TDTT | Northern Trust iBoxx 3-Year Target Duration TIPS ETF | -0.19 |
Frequently asked questions about DBGI correlations
- Which stocks are most correlated with DBGI?
- Based on one year of daily returns, the stocks most correlated with Digital Brands Group, Inc. Common Stock (DBGI) are BANCpF (0.28), AIYY (0.25) and AI (0.24). 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 DBGI?
- Over the past year, the stocks most inversely correlated with Digital Brands Group, Inc. Common Stock (DBGI) are CTW (-0.22), BTOC (-0.22) and STPZ (-0.21). 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 DBGI correlations calculated?
- We compute the correlation of daily returns between DBGI 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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