Timberland Bancorp Inc (TSBK) — Stock Correlations & Overview
Over the past year, TSBK has moved most closely with FBIZ, QABA, FMBH. Explore the stocks most correlated and inversely correlated with TSBK below, along with its price, financials, and company profile.
Stocks correlated with TSBK
Correlation of daily returns. Higher positive values move with TSBK; negative values move opposite it. Informational only, not investment advice.
Most correlated with TSBK
| Symbol | Company | Correlation |
|---|---|---|
| FBIZ | First Business Financial Services, Inc.STATE COMMERCIAL BANKS | 0.75 |
| QABA | First Trust NASDAQ ABA Community Bank Index Fund | 0.73 |
| FMBH | First Mid Bancshares, Inc. Common StockSTATE COMMERCIAL BANKS | 0.73 |
| IBCP | Independent Bank Corp.STATE COMMERCIAL BANKS | 0.72 |
| ORRF | Orrstown Financial Services IncSTATE COMMERCIAL BANKS | 0.72 |
Frequently asked questions about TSBK correlations
- Which stocks are most correlated with TSBK?
- Based on one year of daily returns, the stocks most correlated with Timberland Bancorp Inc (TSBK) are FBIZ (0.75), QABA (0.73) and FMBH (0.73). 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 TSBK?
- Over the past year, the stocks most inversely correlated with Timberland Bancorp Inc (TSBK) are SKRE (-0.68), SDD (-0.41) and SBB (-0.40). 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 TSBK correlations calculated?
- We compute the correlation of daily returns between TSBK 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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