CNB Financial Correlations

CCNE Stock

USD 29.72 0.04 0.13%

The current 90-days correlation between CNB Financial and Business First Bancshares is 0.84 (i.e., Very poor diversification). The correlation of CNB Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

CNB Financial Correlation With Market

Poor diversification

The correlation between CNB Financial and DJI is 0.75 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CNB Financial and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with CNB Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNB Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

For information on how to trade CNB Stock refer to our How to Trade CNB Stock guide.

Moving together with CNB Stock

0.79	BNPH	BNP PARIBAS ADR	Pair Corr
0.68	BIRG	Bank of Ireland	Pair Corr
0.64	AON0	AOZORA BANK LTD	Pair Corr
0.81	AX	Axos Financial	Pair Corr
0.95	BY	Byline Bancorp	Pair Corr
0.85	PB	Prosperity Bancshares	Pair Corr
0.87	RF	Regions Financial Earnings Call This Week	Pair Corr
0.83	HH1	Hancock Whitney	Pair Corr
0.75	BCVN	Banque Cantonale Vaudoise	Pair Corr
0.65	VABK	Virginia National	Pair Corr
0.7	LLBN	Liechtensteinische Earnings Call This Week	Pair Corr
0.77	VBNK	VersaBank	Pair Corr
0.69	SANB	SANTANDER UK 8	Pair Corr
0.71	PWT	TFS Financial	Pair Corr
0.79	B4M1	SpareBank 1 SR	Pair Corr
0.84	UIO	ATLANTIC UNION BANKSDL	Pair Corr
0.7	FRYA	Swedbank AB	Pair Corr
0.86	VNB	Valley National Bancorp	Pair Corr
0.84	EBMT	Eagle Bancorp Montana	Pair Corr
0.79	BNP	BNP Paribas SA	Pair Corr
0.97	EFSC	Enterprise Financial	Pair Corr
0.86	EGBN	Eagle Bancorp	Pair Corr
0.74	HSBK	Halyk Bank	Pair Corr
0.68	PFZ	Pinnacle Financial	Pair Corr
0.7	BCGE	Banque Cantonale	Pair Corr
0.9	WABC	Westamerica Bancorporation	Pair Corr
0.77	WAFD	Washington Federal	Pair Corr
0.9	WASH	Washington Trust Bancorp	Pair Corr

Moving against CNB Stock

0.72	3YB	Postal Savings Bank	Pair Corr
0.43	ICBA	ICICI Bank Limited	Pair Corr
0.38	D7C	China CITIC Bank	Pair Corr
0.31	C3B	Chongqing Rural Comm	Pair Corr

Related Correlations Analysis

	BFST	TRST	AMTB	MBWM	NBN	HBT	HTB	MCB	HBNC	CCBG
BFST		0.94	0.94	0.93	0.82	0.91	0.78	0.91	0.92	0.62	BFST
TRST	0.94		0.89	0.87	0.76	0.85	0.78	0.84	0.94	0.7	TRST
AMTB	0.94	0.89		0.98	0.95	0.97	0.79	0.96	0.89	0.64	AMTB
MBWM	0.93	0.87	0.98		0.95	0.98	0.78	0.96	0.86	0.63	MBWM
NBN	0.82	0.76	0.95	0.95		0.96	0.75	0.91	0.77	0.6	NBN
HBT	0.91	0.85	0.97	0.98	0.96		0.84	0.91	0.87	0.7	HBT
HTB	0.78	0.78	0.79	0.78	0.75	0.84		0.64	0.88	0.86	HTB
MCB	0.91	0.84	0.96	0.96	0.91	0.91	0.64		0.81	0.5	MCB
HBNC	0.92	0.94	0.89	0.86	0.77	0.87	0.88	0.81		0.8	HBNC
CCBG	0.62	0.7	0.64	0.63	0.6	0.7	0.86	0.5	0.8		CCBG
	BFST	TRST	AMTB	MBWM	NBN	HBT	HTB	MCB	HBNC	CCBG

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between CNB Stock performing well and CNB Financial 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 CNB Financial'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
BFST	1.20	0.19	0.16	0.29	0.99	(1.56)	2.74	(1.54)	8.82
TRST	1.24	0.20	0.11	0.33	1.44	(1.36)	2.88	(1.69)	12.39
AMTB	1.49	0.34	0.22	0.35	1.30	(1.84)	4.04	(2.32)	10.31
MBWM	1.15	0.23	0.17	0.37	1.00	(1.45)	3.78	(1.75)	9.88
NBN	1.78	0.47	0.25	0.42	1.52	(2.12)	4.10	(3.69)	13.72
HBT	1.25	0.27	0.16	0.42	1.19	(1.48)	3.34	(2.92)	8.89
HTB	1.10	0.09	0.06	0.18	1.23	(1.36)	2.66	(2.38)	9.13
MCB	1.51	0.43	0.30	0.42	1.06	(1.97)	3.81	(1.74)	19.32
HBNC	1.24	0.13	0.09	0.17	1.39	(1.44)	2.98	(1.77)	11.15
CCBG	1.13	0.04	0.01	0.12	1.81	(1.13)	3.11	(3.38)	9.74

CNB Financial Corporate Management

CPA CPA	VP Director	Profile
Angela Wilcoxson	Executive Officer	Profile
Katie Andersen	Senior Officer	Profile
Amy Potter	VP Marketing	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC