KB Financial Group Inc (KB) — Stock Correlations & Overview
Over the past year, KB has moved most closely with SHG, WF, JIVE. Explore the stocks most correlated and inversely correlated with KB below, along with its price, financials, and company profile.
Stocks correlated with KB
Correlation of daily returns. Higher positive values move with KB; negative values move opposite it. Informational only, not investment advice.
Most correlated with KB
| Symbol | Company | Correlation |
|---|---|---|
| SHG | Shinhan Financial Group Co Ltd | 0.88 |
| WF | Woori Financial Group Inc. American Depositary Shares (each representing three (3) shares of Common Stock) | 0.79 |
| JIVE | JPMorgan International Value ETF | 0.61 |
| AVES | Avantis Emerging Markets Value ETF | 0.59 |
| VYMI | Vanguard International High Dividend Yield ETF | 0.59 |
Frequently asked questions about KB correlations
- Which stocks are most correlated with KB?
- Based on one year of daily returns, the stocks most correlated with KB Financial Group Inc (KB) are SHG (0.88), WF (0.79) and JIVE (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 KB?
- Over the past year, the stocks most inversely correlated with KB Financial Group Inc (KB) are EFZ (-0.55), EWV (-0.53) and EFU (-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 KB correlations calculated?
- We compute the correlation of daily returns between KB 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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