Which stocks are most correlated with PLBC?

Based on one year of daily returns, the stocks most correlated with Plumas Bancorp (PLBC) are CTBI (0.76), QABA (0.75) and FMBH (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 PLBC?

Over the past year, the stocks most inversely correlated with Plumas Bancorp (PLBC) are SKRE (-0.72), SDD (-0.51) and SBB (-0.50). A negative correlation means the two stocks have tended to move in opposite directions.

Plumas Bancorp (PLBC) — Stock Correlations & Overview

Over the past year, PLBC has moved most closely with CTBI, QABA, FMBH. Explore the stocks most correlated and inversely correlated with PLBC below, along with its price, financials, and company profile.

Stocks correlated with PLBC

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

Most correlated with PLBC

Symbol	Company	Correlation
CTBI	Community Trust Bancorp IncSTATE COMMERCIAL BANKS	0.76
QABA	First Trust NASDAQ ABA Community Bank Index Fund	0.75
FMBH	First Mid Bancshares, Inc. Common StockSTATE COMMERCIAL BANKS	0.74
SMLV	State Street SPDR US Small Cap Low Volatility Index ETF	0.73
IBCP	Independent Bank Corp.STATE COMMERCIAL BANKS	0.72

Most inversely correlated with PLBC

Symbol	Company	Correlation
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.72
SDD	ProShares UltraShort SmallCap600	-0.51
SBB	ProShares Short SmallCap600	-0.50
FAZ	Direxion Daily Financial Bear 3x ETF	-0.45
SKF	ProShares UltraShort Financials	-0.44

Frequently asked questions about PLBC correlations

Which stocks are most correlated with PLBC?: Based on one year of daily returns, the stocks most correlated with Plumas Bancorp (PLBC) are CTBI (0.76), QABA (0.75) and FMBH (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 PLBC?: Over the past year, the stocks most inversely correlated with Plumas Bancorp (PLBC) are SKRE (-0.72), SDD (-0.51) and SBB (-0.50). 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 PLBC correlations calculated?: We compute the correlation of daily returns between PLBC 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.