Which stocks are most correlated with HTB?

Based on one year of daily returns, the stocks most correlated with HomeTrust Bancshares, Inc. (HTB) are QABA (0.80), RBCAA (0.79) and NBTB (0.78). 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 HTB?

Over the past year, the stocks most inversely correlated with HomeTrust Bancshares, Inc. (HTB) are SKRE (-0.77), SDD (-0.54) and SBB (-0.53). A negative correlation means the two stocks have tended to move in opposite directions.

HomeTrust Bancshares, Inc. (HTB) — Stock Correlations & Overview

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

Stocks correlated with HTB

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

Most correlated with HTB

Symbol	Company	Correlation
QABA	First Trust NASDAQ ABA Community Bank Index Fund	0.80
RBCAA	Republic Bancorp Inc/KYSTATE COMMERCIAL BANKS	0.79
NBTB	NBT Bancorp IncNATIONAL COMMERCIAL BANKS	0.78
PEBO	Peoples Bancorp Inc/OHSTATE COMMERCIAL BANKS	0.77
SMBK	SmartFinancial, Inc.NATIONAL COMMERCIAL BANKS	0.77

Most inversely correlated with HTB

Symbol	Company	Correlation
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.77
SDD	ProShares UltraShort SmallCap600	-0.54
SBB	ProShares Short SmallCap600	-0.53
FAZ	Direxion Daily Financial Bear 3x ETF	-0.51
SKF	ProShares UltraShort Financials	-0.50

Frequently asked questions about HTB correlations

Which stocks are most correlated with HTB?: Based on one year of daily returns, the stocks most correlated with HomeTrust Bancshares, Inc. (HTB) are QABA (0.80), RBCAA (0.79) and NBTB (0.78). 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 HTB?: Over the past year, the stocks most inversely correlated with HomeTrust Bancshares, Inc. (HTB) are SKRE (-0.77), SDD (-0.54) and SBB (-0.53). 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 HTB correlations calculated?: We compute the correlation of daily returns between HTB 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.