United Bancorp Inc/OH (UBCP) — Stock Correlations & Overview
Over the past year, UBCP has moved most closely with TAYD, WAFDP, APOC. Explore the stocks most correlated and inversely correlated with UBCP below, along with its price, financials, and company profile.
Stocks correlated with UBCP
Correlation of daily returns. Higher positive values move with UBCP; negative values move opposite it. Informational only, not investment advice.
Most correlated with UBCP
| Symbol | Company | Correlation |
|---|---|---|
| TAYD | Taylor Devices IncGENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC | 0.30 |
| WAFDP | WaFd, Inc. Depositary SharesNATIONAL COMMERCIAL BANKS | 0.25 |
| APOC | Innovator Equity Defined Protection ETF - 6mo Apr/Oct | 0.24 |
| BIPH | Brookfield Infrastructure Finance ULC 5.000% Subordinated Notes due 2081 | 0.23 |
| MSBIP | Midland States Bancorp, Inc. Depositary Shares Each Representing a 1/40th Interest in a Share of 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series ASTATE COMMERCIAL BANKS | 0.22 |
Most inversely correlated with UBCP
| Symbol | Company | Correlation |
|---|---|---|
| LDP | COHEN & STEERS LIMITED DURATION PREFERRED AND INCOME FUND INC | -0.24 |
| MIST | Milestone Pharmaceuticals Inc. Common SharesPHARMACEUTICAL PREPARATIONS | -0.23 |
| KTF | DWS Municipal Income Trust | -0.23 |
| EEIQ | EpicQuest Education Group International Limited Common Stock | -0.22 |
| PHK | PIMCO High Income Fund | -0.22 |
Frequently asked questions about UBCP correlations
- Which stocks are most correlated with UBCP?
- Based on one year of daily returns, the stocks most correlated with United Bancorp Inc/OH (UBCP) are TAYD (0.30), WAFDP (0.25) and APOC (0.24). 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 UBCP?
- Over the past year, the stocks most inversely correlated with United Bancorp Inc/OH (UBCP) are LDP (-0.24), MIST (-0.23) and KTF (-0.23). 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 UBCP correlations calculated?
- We compute the correlation of daily returns between UBCP 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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