Which stocks are most correlated with SFST?

Based on one year of daily returns, the stocks most correlated with Southern First Bancshares, Inc. (SFST) are QABA (0.80), THFF (0.77) and DPST (0.77). 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 SFST?

Over the past year, the stocks most inversely correlated with Southern First Bancshares, Inc. (SFST) are SKRE (-0.76), SDD (-0.50) and BNKD (-0.49). A negative correlation means the two stocks have tended to move in opposite directions.

Southern First Bancshares, Inc. (SFST) — Stock Correlations & Overview

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

Stocks correlated with SFST

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

Most correlated with SFST

Symbol	Company	Correlation
QABA	First Trust NASDAQ ABA Community Bank Index Fund	0.80
THFF	First Financial Corporation Common StockSTATE COMMERCIAL BANKS	0.77
DPST	Direxion Daily Regional Banks Bull 3X ETF	0.77
STBA	S&T Bancorp IncSTATE COMMERCIAL BANKS	0.77
KRE	State Street SPDR S&P Regional Banking ETF	0.76

Most inversely correlated with SFST

Symbol	Company	Correlation
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.76
SDD	ProShares UltraShort SmallCap600	-0.50
BNKD	MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC	-0.49
SBB	ProShares Short SmallCap600	-0.49
FAZ	Direxion Daily Financial Bear 3x ETF	-0.49

Frequently asked questions about SFST correlations

Which stocks are most correlated with SFST?: Based on one year of daily returns, the stocks most correlated with Southern First Bancshares, Inc. (SFST) are QABA (0.80), THFF (0.77) and DPST (0.77). 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 SFST?: Over the past year, the stocks most inversely correlated with Southern First Bancshares, Inc. (SFST) are SKRE (-0.76), SDD (-0.50) and BNKD (-0.49). 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 SFST correlations calculated?: We compute the correlation of daily returns between SFST 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.