Which stocks are most correlated with PBAM?

Based on one year of daily returns, the stocks most correlated with Private Bancorp of America, Inc. Common Stock (PBAM) are ZWS (0.34), WSC (0.34) and SLAB (0.33). 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 PBAM?

Over the past year, the stocks most inversely correlated with Private Bancorp of America, Inc. Common Stock (PBAM) are LZMH (-0.33), SBB (-0.30) and SDD (-0.29). A negative correlation means the two stocks have tended to move in opposite directions.

Private Bancorp of America, Inc. Common Stock (PBAM) — Stock Correlations & Overview

Over the past year, PBAM has moved most closely with ZWS, WSC, SLAB. Explore the stocks most correlated and inversely correlated with PBAM below, along with its price, financials, and company profile.

Stocks correlated with PBAM

Correlation of daily returns. Higher positive values move with PBAM; negative values move opposite it. Informational only, not investment advice.

Most correlated with PBAM

Symbol	Company	Correlation
ZWS	Zurn Elkay Water Solutions CorporationGENERAL INDUSTRIAL MACHINERY & EQUIPMENT	0.34
WSC	WillScot Holdings Corporation Class A Common StockSERVICES-MISCELLANEOUS EQUIPMENT RENTAL & LEASING	0.34
SLAB	Silicon Laboratories IncSEMICONDUCTORS & RELATED DEVICES	0.33
ADNT	Adient plc Ordinary SharesMOTOR VEHICLE PARTS & ACCESSORIES	0.33
SLGN	Silgan Holdings IncMETAL CANS	0.32

Most inversely correlated with PBAM

Symbol	Company	Correlation
LZMH	LZ Technology Holdings Limited Class B Ordinary Shares	-0.33
SBB	ProShares Short SmallCap600	-0.30
SDD	ProShares UltraShort SmallCap600	-0.29
SMDD	ProShares UltraPro Short MidCap400	-0.28
RANI	Rani Therapeutics Holdings, Inc. Class A Common StockPHARMACEUTICAL PREPARATIONS	-0.28

Frequently asked questions about PBAM correlations

Which stocks are most correlated with PBAM?: Based on one year of daily returns, the stocks most correlated with Private Bancorp of America, Inc. Common Stock (PBAM) are ZWS (0.34), WSC (0.34) and SLAB (0.33). 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 PBAM?: Over the past year, the stocks most inversely correlated with Private Bancorp of America, Inc. Common Stock (PBAM) are LZMH (-0.33), SBB (-0.30) and SDD (-0.29). 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 PBAM correlations calculated?: We compute the correlation of daily returns between PBAM 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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