NB Bancorp, Inc. Common Stock (NBBK) — Stock Correlations & Overview
Over the past year, NBBK has moved most closely with AMAL, OSBC, CBAN. Explore the stocks most correlated and inversely correlated with NBBK below, along with its price, financials, and company profile.
Stocks correlated with NBBK
Correlation of daily returns. Higher positive values move with NBBK; negative values move opposite it. Informational only, not investment advice.
Most correlated with NBBK
| Symbol | Company | Correlation |
|---|---|---|
| AMAL | Amalgamated Financial Corp. Common Stock (DE)STATE COMMERCIAL BANKS | 0.70 |
| OSBC | Old Second Bancorp IncSTATE COMMERCIAL BANKS | 0.70 |
| CBAN | Colony Bankcorp Inc.STATE COMMERCIAL BANKS | 0.67 |
| TCBX | Third Coast Bancshares, Inc. Common StockSAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED | 0.67 |
| STBA | S&T Bancorp IncSTATE COMMERCIAL BANKS | 0.66 |
Frequently asked questions about NBBK correlations
- Which stocks are most correlated with NBBK?
- Based on one year of daily returns, the stocks most correlated with NB Bancorp, Inc. Common Stock (NBBK) are AMAL (0.70), OSBC (0.70) and CBAN (0.67). 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 NBBK?
- Over the past year, the stocks most inversely correlated with NB Bancorp, Inc. Common Stock (NBBK) are SKRE (-0.61), FAZ (-0.44) and SKF (-0.43). 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 NBBK correlations calculated?
- We compute the correlation of daily returns between NBBK 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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