Which stocks are most correlated with SRCE?

Based on one year of daily returns, the stocks most correlated with 1st Source Corp (SRCE) are PEBO (0.89), QABA (0.88) and THFF (0.87). 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 SRCE?

Over the past year, the stocks most inversely correlated with 1st Source Corp (SRCE) are SKRE (-0.83), SDD (-0.54) and SBB (-0.53). A negative correlation means the two stocks have tended to move in opposite directions.

1st Source Corp (SRCE) — Stock Correlations & Overview

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

Stocks correlated with SRCE

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

Most correlated with SRCE

Symbol	Company	Correlation
PEBO	Peoples Bancorp Inc/OHSTATE COMMERCIAL BANKS	0.89
QABA	First Trust NASDAQ ABA Community Bank Index Fund	0.88
THFF	First Financial Corporation Common StockSTATE COMMERCIAL BANKS	0.87
MBWM	Mercantile Bank CorpSTATE COMMERCIAL BANKS	0.85
CAC	Camden National CorporationNATIONAL COMMERCIAL BANKS	0.85

Most inversely correlated with SRCE

Symbol	Company	Correlation
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.83
SDD	ProShares UltraShort SmallCap600	-0.54
SBB	ProShares Short SmallCap600	-0.53
FAZ	Direxion Daily Financial Bear 3x ETF	-0.51
SEF	ProShares Short Financials	-0.50

Frequently asked questions about SRCE correlations

Which stocks are most correlated with SRCE?: Based on one year of daily returns, the stocks most correlated with 1st Source Corp (SRCE) are PEBO (0.89), QABA (0.88) and THFF (0.87). 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 SRCE?: Over the past year, the stocks most inversely correlated with 1st Source Corp (SRCE) are SKRE (-0.83), SDD (-0.54) and SBB (-0.53). 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 SRCE correlations calculated?: We compute the correlation of daily returns between SRCE 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.