Hawthorn Bancshars Inc. (HWBK) — Stock Correlations & Overview
Over the past year, HWBK has moved most closely with CFFI, PFIS, BFST. Explore the stocks most correlated and inversely correlated with HWBK below, along with its price, financials, and company profile.
Stocks correlated with HWBK
Correlation of daily returns. Higher positive values move with HWBK; negative values move opposite it. Informational only, not investment advice.
Most correlated with HWBK
| Symbol | Company | Correlation |
|---|---|---|
| CFFI | C&F Financial CorpSTATE COMMERCIAL BANKS | 0.55 |
| PFIS | Peoples Financial Services Corp.NATIONAL COMMERCIAL BANKS | 0.51 |
| BFST | Business First Bancshares, Inc. Common StockSTATE COMMERCIAL BANKS | 0.51 |
| VABK | Virginia National Bankshares Corporation Common StockNATIONAL COMMERCIAL BANKS | 0.51 |
| ACNB | ACNB CorpSTATE COMMERCIAL BANKS | 0.51 |
Most inversely correlated with HWBK
| Symbol | Company | Correlation |
|---|---|---|
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.39 |
| INDO | Indonesia Energy Corporation Limited | -0.26 |
| HARD | Simplify Commodities Strategy No K-1 ETF | -0.25 |
| CTA | Simplify Managed Futures Strategy ETFPLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS) | -0.25 |
| CERY | State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | -0.25 |
Frequently asked questions about HWBK correlations
- Which stocks are most correlated with HWBK?
- Based on one year of daily returns, the stocks most correlated with Hawthorn Bancshars Inc. (HWBK) are CFFI (0.55), PFIS (0.51) and BFST (0.51). 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 HWBK?
- Over the past year, the stocks most inversely correlated with Hawthorn Bancshars Inc. (HWBK) are SKRE (-0.39), INDO (-0.26) and HARD (-0.25). 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 HWBK correlations calculated?
- We compute the correlation of daily returns between HWBK 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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