First Capital Inc (FCAP) — Stock Correlations & Overview
Over the past year, FCAP has moved most closely with CZNC, ACNB, CAC. Explore the stocks most correlated and inversely correlated with FCAP below, along with its price, financials, and company profile.
Stocks correlated with FCAP
Correlation of daily returns. Higher positive values move with FCAP; negative values move opposite it. Informational only, not investment advice.
Most correlated with FCAP
| Symbol | Company | Correlation |
|---|---|---|
| CZNC | Citizens & Northern CorporationSTATE COMMERCIAL BANKS | 0.51 |
| ACNB | ACNB CorpSTATE COMMERCIAL BANKS | 0.50 |
| CAC | Camden National CorporationNATIONAL COMMERCIAL BANKS | 0.50 |
| NWFL | Norwood Financial CorpSTATE COMMERCIAL BANKS | 0.49 |
| HWBK | Hawthorn Bancshars Inc.NATIONAL COMMERCIAL BANKS | 0.49 |
Most inversely correlated with FCAP
| Symbol | Company | Correlation |
|---|---|---|
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.36 |
| HGER | Harbor Commodity All-Weather Strategy ETF | -0.29 |
| CLS | Celestica, Inc.PRINTED CIRCUIT BOARDS | -0.27 |
| CERY | State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | -0.25 |
| MFUT | Cambria Chesapeake Pure Trend ETF | -0.23 |
Frequently asked questions about FCAP correlations
- Which stocks are most correlated with FCAP?
- Based on one year of daily returns, the stocks most correlated with First Capital Inc (FCAP) are CZNC (0.51), ACNB (0.50) and CAC (0.50). 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 FCAP?
- Over the past year, the stocks most inversely correlated with First Capital Inc (FCAP) are SKRE (-0.36), HGER (-0.29) and CLS (-0.27). 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 FCAP correlations calculated?
- We compute the correlation of daily returns between FCAP 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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