FNB Corp Correlations

FNB Stock

USD 17.74 0.21 1.20%

The current 90-days correlation between FNB Corp and United Bankshares is 0.79 (i.e., Poor diversification). The correlation of FNB Corp 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.

FNB Corp Correlation With Market

Very poor diversification

The correlation between FNB Corp and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FNB Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with FNB Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FNB Corp. 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 FNB Stock refer to our How to Trade FNB Stock guide.

Moving together with FNB Stock

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

Moving against FNB Stock

0.68	3YB	Postal Savings Bank	Pair Corr
0.33	ICBA	ICICI Bank Limited	Pair Corr

Related Correlations Analysis

	UBSI	COLB	OZK	VLY	HOMB	PB	GBCI	HWC	ABCB
UBSI		0.94	0.89	0.97	0.9	0.77	0.98	0.96	0.96	UBSI
COLB	0.94		0.95	0.97	0.95	0.82	0.89	0.92	0.93	COLB
OZK	0.89	0.95		0.91	0.93	0.84	0.84	0.93	0.9	OZK
VLY	0.97	0.97	0.91		0.91	0.75	0.94	0.94	0.92	VLY
HOMB	0.9	0.95	0.93	0.91		0.83	0.87	0.9	0.93	HOMB
PB	0.77	0.82	0.84	0.75	0.83		0.72	0.83	0.81	PB
GBCI	0.98	0.89	0.84	0.94	0.87	0.72		0.95	0.94	GBCI
HWC	0.96	0.92	0.93	0.94	0.9	0.83	0.95		0.93	HWC
ABCB	0.96	0.93	0.9	0.92	0.93	0.81	0.94	0.93		ABCB
	UBSI	COLB	OZK	VLY	HOMB	PB	GBCI	HWC	ABCB

Risk-Adjusted Indicators

There is a big difference between FNB Stock performing well and FNB Corp 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 FNB Corp'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
UBSI	1.05	0.21	0.17	0.30	0.91	(1.26)	3.05	(1.84)	9.66
COLB	1.19	0.13	0.11	0.19	1.18	(1.51)	3.16	(1.51)	10.08
OZK	1.11	0.10	0.08	0.18	1.12	(1.24)	2.73	(2.13)	7.47
VLY	1.18	0.25	0.17	0.37	1.05	(1.36)	3.26	(2.08)	8.87
HOMB	0.98	0.01	0.01	0.10	1.08	(1.09)	2.24	(1.53)	7.40
PB	1.18	0.04	0.02	0.13	1.96	(1.14)	3.08	(2.50)	11.82
GBCI	1.43	0.15	0.11	0.19	1.48	(1.58)	3.25	(1.96)	11.38
HWC	1.08	0.18	0.15	0.26	0.91	(1.36)	2.96	(1.46)	8.97
ABCB	1.09	0.06	0.05	0.15	1.10	(1.36)	2.76	(1.55)	8.77

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