Franklin Financial Services Corporation Common Stock (FRAF) — Stock Correlations & Overview
Over the past year, FRAF has moved most closely with GSBC, EQBK, BHRB. Explore the stocks most correlated and inversely correlated with FRAF below, along with its price, financials, and company profile.
Stocks correlated with FRAF
Correlation of daily returns. Higher positive values move with FRAF; negative values move opposite it. Informational only, not investment advice.
Most correlated with FRAF
| Symbol | Company | Correlation |
|---|---|---|
| GSBC | Great Southern Bancorp IncSTATE COMMERCIAL BANKS | 0.62 |
| EQBK | Equity Bancshares, Inc.STATE COMMERCIAL BANKS | 0.62 |
| BHRB | Burke & Herbert Financial Services Corp. Common StockNATIONAL COMMERCIAL BANKS | 0.61 |
| FBIZ | First Business Financial Services, Inc.STATE COMMERCIAL BANKS | 0.60 |
| WTBA | West BancorporationSTATE COMMERCIAL BANKS | 0.60 |
Frequently asked questions about FRAF correlations
- Which stocks are most correlated with FRAF?
- Based on one year of daily returns, the stocks most correlated with Franklin Financial Services Corporation Common Stock (FRAF) are GSBC (0.62), EQBK (0.62) and BHRB (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 FRAF?
- Over the past year, the stocks most inversely correlated with Franklin Financial Services Corporation Common Stock (FRAF) are SKRE (-0.54), SDD (-0.38) and SBB (-0.37). 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 FRAF correlations calculated?
- We compute the correlation of daily returns between FRAF 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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