Equity Bancshares, Correlations
EQBK Stock | USD 48.26 0.21 0.43% |
The current 90-days correlation between Equity Bancshares, and Brookline Bancorp is -0.03 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equity Bancshares, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Bancshares, moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Equity Bancshares, Correlation With Market
Poor diversification
The correlation between Equity Bancshares, and DJI is 0.74 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Equity Bancshares, and DJI in the same portfolio, assuming nothing else is changed.
Equity |
Moving together with Equity Stock
0.93 | AX | Axos Financial | PairCorr |
0.92 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.63 | KB | KB Financial Group | PairCorr |
0.94 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
0.97 | RF | Regions Financial Sell-off Trend | PairCorr |
0.68 | VABK | Virginia National | PairCorr |
0.94 | VBNK | VersaBank Fiscal Year End 11th of December 2024 | PairCorr |
0.97 | VBTX | Veritex Holdings Normal Trading | PairCorr |
0.78 | TECTP | Tectonic Financial | PairCorr |
0.86 | EBMT | Eagle Bancorp Montana Normal Trading | PairCorr |
0.95 | EBTC | Enterprise Bancorp | PairCorr |
0.69 | ECBK | ECB Bancorp | PairCorr |
0.97 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
0.93 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
0.62 | KEY-PJ | KeyCorp | PairCorr |
0.66 | KEY-PK | KeyCorp | PairCorr |
0.65 | KEY-PL | KeyCorp | PairCorr |
0.95 | WABC | Westamerica Bancorporation Fiscal Year End 16th of January 2025 | PairCorr |
0.62 | WAFD | Washington Federal | PairCorr |
0.94 | WASH | Washington Trust Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
0.71 | BANC-PF | Banc of California | PairCorr |
0.88 | ESSA | ESSA Bancorp | PairCorr |
0.88 | EVBN | Evans Bancorp | PairCorr |
0.8 | WSBCP | WesBanco | PairCorr |
0.87 | WMPN | William Penn Bancorp | PairCorr |
Moving against Equity Stock
0.57 | CFG-PE | Citizens Financial | PairCorr |
0.56 | TFC-PO | Truist Financial | PairCorr |
0.52 | TFC-PR | Truist Financial | PairCorr |
0.36 | FRCCL | First Republic Bank | PairCorr |
0.36 | FRCHL | First Republic Bank | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Equity Stock performing well and Equity Bancshares, Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Equity Bancshares,'s multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
BRKL | 1.36 | 0.38 | 0.17 | (9.46) | 1.16 | 3.72 | 14.18 | |||
KRNY | 1.88 | (0.04) | 0.09 | 0.10 | 1.72 | 4.40 | 22.42 | |||
HFWA | 1.53 | 0.07 | 0.10 | 0.15 | 1.54 | 3.20 | 19.67 | |||
FVCB | 1.96 | 0.06 | 0.06 | 0.15 | 2.23 | 4.78 | 13.88 | |||
CWBC | 1.03 | 0.00 | 0.02 | 0.11 | 1.12 | 2.53 | 9.14 | |||
CULL | 0.51 | (0.12) | 0.00 | 39.32 | 0.00 | 1.18 | 4.73 | |||
HMNF | 1.88 | 0.36 | 0.12 | 1.37 | 1.85 | 4.29 | 13.15 | |||
HFBL | 1.56 | (0.16) | 0.00 | (0.27) | 0.00 | 3.75 | 17.43 | |||
ISTR | 1.46 | 0.22 | 0.19 | 0.24 | 1.11 | 3.41 | 17.09 | |||
LBC | 2.06 | 0.15 | 0.00 | (0.46) | 2.16 | 5.04 | 10.73 |
Equity Bancshares, Corporate Management
Brian Katzfey | VP Relations | Profile | |
Mark Parman | Senior Markets | Profile | |
Brett Reber | Executive Counsel | Profile | |
CFA CFA | Ex CFO | Profile | |
Kimberly Wallace | Senior Development | Profile |