Which stocks are most correlated with HBT?

Based on one year of daily returns, the stocks most correlated with HBT Financial, Inc. Common Stock (HBT) are QABA (0.82), FMBH (0.81) and SRCE (0.81). 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 HBT?

Over the past year, the stocks most inversely correlated with HBT Financial, Inc. Common Stock (HBT) are SKRE (-0.77), SDD (-0.50) and SBB (-0.49). A negative correlation means the two stocks have tended to move in opposite directions.

HBT Financial, Inc. Common Stock (HBT) — Stock Correlations & Overview

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

Stocks correlated with HBT

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

Most correlated with HBT

Symbol	Company	Correlation
QABA	First Trust NASDAQ ABA Community Bank Index Fund	0.82
FMBH	First Mid Bancshares, Inc. Common StockSTATE COMMERCIAL BANKS	0.81
SRCE	1st Source CorpSTATE COMMERCIAL BANKS	0.81
THFF	First Financial Corporation Common StockSTATE COMMERCIAL BANKS	0.81
BHB	Bar Harbor BanksharesSTATE COMMERCIAL BANKS	0.80

Most inversely correlated with HBT

Symbol	Company	Correlation
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.77
SDD	ProShares UltraShort SmallCap600	-0.50
SBB	ProShares Short SmallCap600	-0.49
FAZ	Direxion Daily Financial Bear 3x ETF	-0.48
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.48

Frequently asked questions about HBT correlations

Which stocks are most correlated with HBT?: Based on one year of daily returns, the stocks most correlated with HBT Financial, Inc. Common Stock (HBT) are QABA (0.82), FMBH (0.81) and SRCE (0.81). 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 HBT?: Over the past year, the stocks most inversely correlated with HBT Financial, Inc. Common Stock (HBT) are SKRE (-0.77), SDD (-0.50) and SBB (-0.49). 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 HBT correlations calculated?: We compute the correlation of daily returns between HBT 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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