Old Second Bancorp Inc (OSBC) — Stock Correlations & Overview
Over the past year, OSBC has moved most closely with QABA, BY, GSBC. Explore the stocks most correlated and inversely correlated with OSBC below, along with its price, financials, and company profile.
Stocks correlated with OSBC
Correlation of daily returns. Higher positive values move with OSBC; negative values move opposite it. Informational only, not investment advice.
Most correlated with OSBC
| Symbol | Company | Correlation |
|---|---|---|
| QABA | First Trust NASDAQ ABA Community Bank Index Fund | 0.85 |
| BY | Byline Bancorp, Inc. Common StockSTATE COMMERCIAL BANKS | 0.83 |
| GSBC | Great Southern Bancorp IncSTATE COMMERCIAL BANKS | 0.82 |
| EQBK | Equity Bancshares, Inc.STATE COMMERCIAL BANKS | 0.81 |
| BUSE | First Busey Corporation Class A Common StockSTATE COMMERCIAL BANKS | 0.81 |
Frequently asked questions about OSBC correlations
- Which stocks are most correlated with OSBC?
- Based on one year of daily returns, the stocks most correlated with Old Second Bancorp Inc (OSBC) are QABA (0.85), BY (0.83) and GSBC (0.82). 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 OSBC?
- Over the past year, the stocks most inversely correlated with Old Second Bancorp Inc (OSBC) are SKRE (-0.81), SDD (-0.56) and SBB (-0.54). 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 OSBC correlations calculated?
- We compute the correlation of daily returns between OSBC 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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