Which stocks are most correlated with EML?

Based on one year of daily returns, the stocks most correlated with Eastern Company (EML) are GCBC (0.38), FMBH (0.37) and RBB (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 EML?

Over the past year, the stocks most inversely correlated with Eastern Company (EML) are SKRE (-0.31), SDD (-0.29) and HDGE (-0.29). A negative correlation means the two stocks have tended to move in opposite directions.

Eastern Company (EML) — Stock Correlations & Overview

Over the past year, EML has moved most closely with GCBC, FMBH, RBB. Explore the stocks most correlated and inversely correlated with EML below, along with its price, financials, and company profile.

Stocks correlated with EML

Correlation of daily returns. Higher positive values move with EML; negative values move opposite it. Informational only, not investment advice.

Most correlated with EML

Symbol	Company	Correlation
GCBC	Greene County Bancorp IncSAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED	0.38
FMBH	First Mid Bancshares, Inc. Common StockSTATE COMMERCIAL BANKS	0.37
RBB	RBB Bancorp Common StockSTATE COMMERCIAL BANKS	0.37
HTB	HomeTrust Bancshares, Inc.SAVINGS INSTITUTION, FEDERALLY CHARTERED	0.37
FDM	First Trust Dow Jones Select MicroCap Index Fund	0.37

Most inversely correlated with EML

Symbol	Company	Correlation
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.31
SDD	ProShares UltraShort SmallCap600	-0.29
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.29
SBB	ProShares Short SmallCap600	-0.28
FAZ	Direxion Daily Financial Bear 3x ETF	-0.25

Frequently asked questions about EML correlations

Which stocks are most correlated with EML?: Based on one year of daily returns, the stocks most correlated with Eastern Company (EML) are GCBC (0.38), FMBH (0.37) and RBB (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 EML?: Over the past year, the stocks most inversely correlated with Eastern Company (EML) are SKRE (-0.31), SDD (-0.29) and HDGE (-0.29). 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 EML correlations calculated?: We compute the correlation of daily returns between EML 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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