Patriot National Bancorp Inc (PNBK) — Stock Correlations & Overview
Over the past year, PNBK has moved most closely with JMSB, BHB, DCOM. Explore the stocks most correlated and inversely correlated with PNBK below, along with its price, financials, and company profile.
Stocks correlated with PNBK
Correlation of daily returns. Higher positive values move with PNBK; negative values move opposite it. Informational only, not investment advice.
Most correlated with PNBK
| Symbol | Company | Correlation |
|---|---|---|
| JMSB | John Marshall Bancorp, Inc. Common StockSTATE COMMERCIAL BANKS | 0.34 |
| BHB | Bar Harbor BanksharesSTATE COMMERCIAL BANKS | 0.32 |
| DCOM | Dime Commercial Bancshares, Inc.NATIONAL COMMERCIAL BANKS | 0.32 |
| UYG | ProShares Ultra Financials | 0.32 |
| CFFN | Capitol Federal Financial, Inc.SAVINGS INSTITUTION, FEDERALLY CHARTERED | 0.31 |
Most inversely correlated with PNBK
| Symbol | Company | Correlation |
|---|---|---|
| IBIC | iShares iBonds Oct 2026 Term TIPS ETF | -0.33 |
| IBIE | iShares iBonds Oct 2028 Term TIPS ETF | -0.32 |
| IBID | iShares iBonds Oct 2027 Term TIPS ETF | -0.30 |
| VIXY | ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.30 |
| IBIF | iShares iBonds Oct 2029 Term TIPS ETF | -0.30 |
Frequently asked questions about PNBK correlations
- Which stocks are most correlated with PNBK?
- Based on one year of daily returns, the stocks most correlated with Patriot National Bancorp Inc (PNBK) are JMSB (0.34), BHB (0.32) and DCOM (0.32). 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 PNBK?
- Over the past year, the stocks most inversely correlated with Patriot National Bancorp Inc (PNBK) are IBIC (-0.33), IBIE (-0.32) and IBID (-0.30). 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 PNBK correlations calculated?
- We compute the correlation of daily returns between PNBK 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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