KB Home (KBH) — Stock Correlations & Overview
Over the past year, KBH has moved most closely with ITB, NAIL, MTH. Explore the stocks most correlated and inversely correlated with KBH below, along with its price, financials, and company profile.
Stocks correlated with KBH
Correlation of daily returns. Higher positive values move with KBH; negative values move opposite it. Informational only, not investment advice.
Most correlated with KBH
| Symbol | Company | Correlation |
|---|---|---|
| ITB | iShares U.S. Home Construction ETF | 0.88 |
| NAIL | Direxion Daily Homebuilders & Supplies Bull 3X ETF | 0.88 |
| MTH | Meritage Homes CorporationOPERATIVE BUILDERS | 0.88 |
| PHM | Pultegroup, Inc.OPERATIVE BUILDERS | 0.87 |
| DHI | D.R. Horton Inc.OPERATIVE BUILDERS | 0.85 |
Most inversely correlated with KBH
| Symbol | Company | Correlation |
|---|---|---|
| EMTY | ProShares Decline of the Retail Store ETF | -0.57 |
| SBB | ProShares Short SmallCap600 | -0.52 |
| SDD | ProShares UltraShort SmallCap600 | -0.51 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.50 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.50 |
Frequently asked questions about KBH correlations
- Which stocks are most correlated with KBH?
- Based on one year of daily returns, the stocks most correlated with KB Home (KBH) are ITB (0.88), NAIL (0.88) and MTH (0.88). 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 KBH?
- Over the past year, the stocks most inversely correlated with KB Home (KBH) are EMTY (-0.57), SBB (-0.52) and SDD (-0.51). 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 KBH correlations calculated?
- We compute the correlation of daily returns between KBH 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.