Which stocks are most correlated with WTBA?

Based on one year of daily returns, the stocks most correlated with West Bancorporation (WTBA) are SMBC (0.81), QABA (0.80) and FBIZ (0.78). 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 WTBA?

Over the past year, the stocks most inversely correlated with West Bancorporation (WTBA) are SKRE (-0.75), SDD (-0.52) and SBB (-0.50). A negative correlation means the two stocks have tended to move in opposite directions.

West Bancorporation (WTBA) — Stock Correlations & Overview

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

Stocks correlated with WTBA

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

Most correlated with WTBA

Symbol	Company	Correlation
SMBC	Southern Missouri BancorpSAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED	0.81
QABA	First Trust NASDAQ ABA Community Bank Index Fund	0.80
FBIZ	First Business Financial Services, Inc.STATE COMMERCIAL BANKS	0.78
FMBH	First Mid Bancshares, Inc. Common StockSTATE COMMERCIAL BANKS	0.77
PFIS	Peoples Financial Services Corp.NATIONAL COMMERCIAL BANKS	0.77

Most inversely correlated with WTBA

Symbol	Company	Correlation
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.75
SDD	ProShares UltraShort SmallCap600	-0.52
SBB	ProShares Short SmallCap600	-0.50
FAZ	Direxion Daily Financial Bear 3x ETF	-0.49
SEF	ProShares Short Financials	-0.48

Frequently asked questions about WTBA correlations

Which stocks are most correlated with WTBA?: Based on one year of daily returns, the stocks most correlated with West Bancorporation (WTBA) are SMBC (0.81), QABA (0.80) and FBIZ (0.78). 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 WTBA?: Over the past year, the stocks most inversely correlated with West Bancorporation (WTBA) are SKRE (-0.75), SDD (-0.52) and SBB (-0.50). 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 WTBA correlations calculated?: We compute the correlation of daily returns between WTBA 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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