Enterprise Financial Correlations

EFSC Stock

USD 60.87 0.64 1.04%

The current 90-days correlation between Enterprise Financial and Old Point Financial is 0.24 (i.e., Modest diversification). The correlation of Enterprise 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.

Enterprise Financial Correlation With Market

Very weak diversification

The correlation between Enterprise Financial Services and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Enterprise Financial Services and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Enterprise Stock

0.7	BY	Byline Bancorp	Pair Corr
0.69	NU	Nu Holdings	Pair Corr
0.76	PB	Prosperity Bancshares	Pair Corr
0.64	WF	Woori Financial Group	Pair Corr
0.71	TFC-PI	Truist Financial	Pair Corr
0.67	TFC-PO	Truist Financial	Pair Corr
0.61	KEY-PL	KeyCorp	Pair Corr
0.62	WASH	Washington Trust Bancorp	Pair Corr
0.67	EQBK	Equity Bancshares,	Pair Corr
0.75	ESSA	ESSA Bancorp	Pair Corr
0.75	WMPN	William Penn Bancorp	Pair Corr

Related Correlations Analysis

	HFBL	LSBK	OPOF	PKBK	LNKB	RBKB	ORRF	HBCP	GSBC
HFBL		0.48	0.54	-0.67	-0.21	0.47	-0.66	-0.05	-0.57	HFBL
LSBK	0.48		0.39	-0.37	-0.11	0.67	-0.54	0.44	-0.29	LSBK
OPOF	0.54	0.39		-0.82	0.1	0.23	-0.86	-0.36	-0.53	OPOF
PKBK	-0.67	-0.37	-0.82		0.36	-0.26	0.95	0.51	0.84	PKBK
LNKB	-0.21	-0.11	0.1	0.36		-0.32	0.28	0.18	0.62	LNKB
RBKB	0.47	0.67	0.23	-0.26	-0.32		-0.38	0.5	-0.28	RBKB
ORRF	-0.66	-0.54	-0.86	0.95	0.28	-0.38		0.36	0.79	ORRF
HBCP	-0.05	0.44	-0.36	0.51	0.18	0.5	0.36		0.52	HBCP
GSBC	-0.57	-0.29	-0.53	0.84	0.62	-0.28	0.79	0.52		GSBC
	HFBL	LSBK	OPOF	PKBK	LNKB	RBKB	ORRF	HBCP	GSBC

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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

ORRF	+ 0.95	PKBK
GSBC	+ 0.84	PKBK
GSBC	+ 0.79	ORRF
RBKB	+ 0.67	LSBK
GSBC	+ 0.62	LNKB
OPOF	+ 0.54	HFBL

High negative correlations

ORRF	- 0.86	OPOF
PKBK	- 0.82	OPOF
PKBK	- 0.67	HFBL
ORRF	- 0.66	HFBL
GSBC	- 0.57	HFBL
ORRF	- 0.54	LSBK

Risk-Adjusted Indicators

There is a big difference between Enterprise Stock performing well and Enterprise 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 Enterprise 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
HFBL	1.61	0.09	0.03	0.14	2.07	(2.31)	6.19	(4.82)	13.83
LSBK	1.54	0.25	0.10	0.39	1.60	(2.47)	2.99	(3.31)	21.60
OPOF	1.30	0.59	0.30	7.24	1.20	(1.51)	4.21	(1.51)	11.44
PKBK	1.05	(0.22)	0.00	(0.40)	0.00	0.00	1.93	(2.62)	6.47
LNKB	1.28	0.02	0.01	0.03	1.50	(1.40)	3.13	(2.78)	6.57
RBKB	0.54	0.10	0.13	0.63	0.49	(0.65)	1.35	(1.24)	3.42
ORRF	0.92	(0.26)	0.00	(0.44)	0.00	0.00	1.63	(2.24)	7.64
HBCP	1.42	0.00	0.00	0.00	1.90	(1.47)	3.09	(2.42)	9.44
GSBC	1.24	(0.09)	0.00	(0.10)	0.00	0.00	2.59	(2.97)	7.73

Enterprise Financial Corporate Management

Mark Ponder	Principal Accounting Officer, Sr. VP and Controller	Profile
Steve Richardson	Senior Communications	Profile
Bridget BBA	Senior Officer	Profile
Troy Dumlao	Principal Accounting Officer	Profile

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