Fulton Financial Corp (FULT) — Stock Correlations & Overview
Over the past year, FULT has moved most closely with KRE, DPST, KBE. Explore the stocks most correlated and inversely correlated with FULT below, along with its price, financials, and company profile.
Stocks correlated with FULT
Correlation of daily returns. Higher positive values move with FULT; negative values move opposite it. Informational only, not investment advice.
Most correlated with FULT
| Symbol | Company | Correlation |
|---|---|---|
| KRE | State Street SPDR S&P Regional Banking ETF | 0.94 |
| DPST | Direxion Daily Regional Banks Bull 3X ETF | 0.94 |
| KBE | State Street SPDR S&P Bank ETF | 0.94 |
| QABA | First Trust NASDAQ ABA Community Bank Index Fund | 0.92 |
| IAT | iShares U.S. Regional Banks ETF | 0.90 |
Most inversely correlated with FULT
| Symbol | Company | Correlation |
|---|---|---|
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.94 |
| SDD | ProShares UltraShort SmallCap600 | -0.68 |
| BNKD | MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.67 |
| SBB | ProShares Short SmallCap600 | -0.66 |
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.66 |
Frequently asked questions about FULT correlations
- Which stocks are most correlated with FULT?
- Based on one year of daily returns, the stocks most correlated with Fulton Financial Corp (FULT) are KRE (0.94), DPST (0.94) and KBE (0.94). 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 FULT?
- Over the past year, the stocks most inversely correlated with Fulton Financial Corp (FULT) are SKRE (-0.94), SDD (-0.68) and BNKD (-0.67). 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 FULT correlations calculated?
- We compute the correlation of daily returns between FULT 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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