FNB Corp Correlations

FNB Stock

USD 17.75 0.20 1.14%

The current 90-days correlation between FNB Corp and United Bankshares is 0.75 (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 0.8 (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 small area income & poverty estimates.

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

Moving together with FNB Stock

0.96	RF	Regions Financial Aggressive Push	Pair Corr
0.91	WAFD	Washington Federal	Pair Corr
0.79	FCAP	First Capital Normal Trading	Pair Corr
0.89	FFBC	First Financial Bancorp Normal Trading	Pair Corr
0.65	FNWB	First Northwest Bancorp	Pair Corr
0.91	PFS	Provident Financial Normal Trading	Pair Corr
0.81	PRK	Park National	Pair Corr
0.96	WAL	Western Alliance Ban	Pair Corr
0.92	GSBC	Great Southern Bancorp	Pair Corr
0.74	HFBL	Home Federal Bancorp	Pair Corr
0.91	NBTB	NBT Bancorp	Pair Corr
0.83	MBLPD	Macquarie Bank	Pair Corr
0.72	BFL	BSP Financial Group	Pair Corr
0.79	BANR	Banner	Pair Corr
0.84	TOWN	Towne Bank	Pair Corr
0.9	TRMK	Trustmark	Pair Corr
0.9	CUBI	Customers Bancorp	Pair Corr
0.76	CVBF	CVB Financial	Pair Corr
0.84	CWBC	Community West Bancshares	Pair Corr
0.64	MBFJF	Mitsubishi UFJ Financial Earnings Call This Week	Pair Corr
0.64	MUFG	Mitsubishi UFJ Financial	Pair Corr
0.88	SMFG	Sumitomo Mitsui Financial	Pair Corr
0.84	SMFNF	Sumitomo Mitsui Financial	Pair Corr
0.66	MZHOF	Mizuho Financial Earnings Call Today	Pair Corr
0.75	MFG	Mizuho Financial Earnings Call Today	Pair Corr
0.84	SPGX	Sustainable Projects	Pair Corr
0.69	CAT	Caterpillar	Pair Corr

Moving against FNB Stock

0.39	BBC	BNK Banking	Pair Corr
0.7	MSFT	Microsoft	Pair Corr
0.45	PG	Procter Gamble	Pair Corr
0.33	MMM	3M Company	Pair Corr

Related Correlations Analysis

	UBSI	COLB	OZK	VLY	HOMB	PB	GBCI	HWC	ABCB
UBSI		0.91	0.85	0.95	0.89	0.84	0.97	0.96	0.96	UBSI
COLB	0.91		0.91	0.94	0.95	0.92	0.83	0.96	0.89	COLB
OZK	0.85	0.91		0.88	0.89	0.86	0.77	0.9	0.86	OZK
VLY	0.95	0.94	0.88		0.88	0.81	0.92	0.95	0.89	VLY
HOMB	0.89	0.95	0.89	0.88		0.9	0.8	0.91	0.91	HOMB
PB	0.84	0.92	0.86	0.81	0.9		0.74	0.91	0.85	PB
GBCI	0.97	0.83	0.77	0.92	0.8	0.74		0.91	0.91	GBCI
HWC	0.96	0.96	0.9	0.95	0.91	0.91	0.91		0.92	HWC
ABCB	0.96	0.89	0.86	0.89	0.91	0.85	0.91	0.92		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	1.01	0.20	0.17	0.25	1.00	(1.27)	3.05	(1.94)	8.75
COLB	1.19	0.19	0.15	0.19	1.09	(1.45)	3.20	(1.81)	8.86
OZK	1.04	0.03	0.02	0.06	1.24	(1.08)	2.43	(2.13)	7.47
VLY	1.14	0.15	0.09	0.17	1.37	(1.18)	3.26	(2.20)	8.87
HOMB	0.95	0.06	0.05	0.11	1.14	(1.05)	2.23	(1.75)	6.91
PB	1.12	0.11	0.06	0.17	1.68	(1.23)	2.92	(1.37)	11.82
GBCI	1.43	0.20	0.11	0.17	1.62	(1.52)	3.25	(1.94)	9.59
HWC	0.99	0.27	0.24	0.28	0.79	(1.24)	2.85	(1.12)	7.32
ABCB	1.04	0.09	0.07	0.12	1.07	(1.21)	2.71	(1.87)	6.79

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