RGC Resources Inc (RGCO) — Stock Correlations & Overview
Over the past year, RGCO has moved most closely with FDBC, BHRB, SMDV. Explore the stocks most correlated and inversely correlated with RGCO below, along with its price, financials, and company profile.
Stocks correlated with RGCO
Correlation of daily returns. Higher positive values move with RGCO; negative values move opposite it. Informational only, not investment advice.
Most correlated with RGCO
| Symbol | Company | Correlation |
|---|---|---|
| FDBC | Fidelity D & D Bancorp, Inc. Common StockNATIONAL COMMERCIAL BANKS | 0.47 |
| BHRB | Burke & Herbert Financial Services Corp. Common StockNATIONAL COMMERCIAL BANKS | 0.47 |
| SMDV | ProShares Russell 2000 Dividend Growers ETF | 0.47 |
| WABC | Westamerica BancorporationNATIONAL COMMERCIAL BANKS | 0.46 |
| SBSI | Southside Bancshares, Inc.STATE COMMERCIAL BANKS | 0.46 |
Frequently asked questions about RGCO correlations
- Which stocks are most correlated with RGCO?
- Based on one year of daily returns, the stocks most correlated with RGC Resources Inc (RGCO) are FDBC (0.47), BHRB (0.47) and SMDV (0.47). 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 RGCO?
- Over the past year, the stocks most inversely correlated with RGC Resources Inc (RGCO) are SKRE (-0.34), SZK (-0.32) and EMTY (-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 RGCO correlations calculated?
- We compute the correlation of daily returns between RGCO 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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