OP Bancorp Common Stock (OPBK) — Stock Correlations & Overview
Over the past year, OPBK has moved most closely with FBIZ, QABA, EFSC. Explore the stocks most correlated and inversely correlated with OPBK below, along with its price, financials, and company profile.
Stocks correlated with OPBK
Correlation of daily returns. Higher positive values move with OPBK; negative values move opposite it. Informational only, not investment advice.
Most correlated with OPBK
| Symbol | Company | Correlation |
|---|---|---|
| FBIZ | First Business Financial Services, Inc.STATE COMMERCIAL BANKS | 0.76 |
| QABA | First Trust NASDAQ ABA Community Bank Index Fund | 0.75 |
| EFSC | Enterprise Financial Services CorporationSTATE COMMERCIAL BANKS | 0.74 |
| FMBH | First Mid Bancshares, Inc. Common StockSTATE COMMERCIAL BANKS | 0.74 |
| THFF | First Financial Corporation Common StockSTATE COMMERCIAL BANKS | 0.74 |
Frequently asked questions about OPBK correlations
- Which stocks are most correlated with OPBK?
- Based on one year of daily returns, the stocks most correlated with OP Bancorp Common Stock (OPBK) are FBIZ (0.76), QABA (0.75) and EFSC (0.74). 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 OPBK?
- Over the past year, the stocks most inversely correlated with OP Bancorp Common Stock (OPBK) are SKRE (-0.70), SDD (-0.50) and SBB (-0.49). 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 OPBK correlations calculated?
- We compute the correlation of daily returns between OPBK 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.