Which stocks are most correlated with SKWD?

Based on one year of daily returns, the stocks most correlated with Skyward Specialty Insurance Group, Inc. Common Stock (SKWD) are KIE (0.68), PLMR (0.67) and BOW (0.64). 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 SKWD?

Over the past year, the stocks most inversely correlated with Skyward Specialty Insurance Group, Inc. Common Stock (SKWD) are FAZ (-0.34), SKF (-0.33) and SEF (-0.33). A negative correlation means the two stocks have tended to move in opposite directions.

Skyward Specialty Insurance Group, Inc. Common Stock (SKWD) — Stock Correlations & Overview

Over the past year, SKWD has moved most closely with KIE, PLMR, BOW. Explore the stocks most correlated and inversely correlated with SKWD below, along with its price, financials, and company profile.

Stocks correlated with SKWD

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

Most correlated with SKWD

Symbol	Company	Correlation
KIE	State Street SPDR S&P Insurance ETF	0.68
PLMR	Palomar Holdings, Inc. Common stockFIRE, MARINE & CASUALTY INSURANCE	0.67
BOW	Bowhead Specialty Holdings Inc.FIRE, MARINE & CASUALTY INSURANCE	0.64
IAK	iShares U.S. Insurance ETF	0.63
KBWP	Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE	0.62

Most inversely correlated with SKWD

Symbol	Company	Correlation
FAZ	Direxion Daily Financial Bear 3x ETF	-0.34
SKF	ProShares UltraShort Financials	-0.33
SEF	ProShares Short Financials	-0.33
WDC	Western Digital Corp.COMPUTER STORAGE DEVICES	-0.31
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.29

Frequently asked questions about SKWD correlations

Which stocks are most correlated with SKWD?: Based on one year of daily returns, the stocks most correlated with Skyward Specialty Insurance Group, Inc. Common Stock (SKWD) are KIE (0.68), PLMR (0.67) and BOW (0.64). 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 SKWD?: Over the past year, the stocks most inversely correlated with Skyward Specialty Insurance Group, Inc. Common Stock (SKWD) are FAZ (-0.34), SKF (-0.33) and SEF (-0.33). 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 SKWD correlations calculated?: We compute the correlation of daily returns between SKWD 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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