FS Bancorp Correlations

FSBW Stock

USD 40.85 0.32 0.78%

The current 90-days correlation between FS Bancorp and Timberland Bancorp is 0.58 (i.e., Very weak diversification). The correlation of FS Bancorp 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. If the correlation is 0, the equities are not correlated; they are entirely random.

FS Bancorp Correlation With Market

Modest diversification

The correlation between FS Bancorp and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FS Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with FSBW Stock

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

For more information on how to buy FSBW Stock please use our How to Invest in FS Bancorp guide.

Moving together with FSBW Stock

0.77	BIRG	Bank of Ireland	Pair Corr
0.81	EBMT	Eagle Bancorp Montana	Pair Corr
0.65	ECBK	ECB Bancorp	Pair Corr
0.93	FCAP	First Capital	Pair Corr
0.78	FFBC	First Financial Bancorp	Pair Corr
0.91	BOH	Bank of Hawaii	Pair Corr
0.92	CAC	Camden National	Pair Corr
0.92	MPB	Mid Penn Bancorp	Pair Corr
0.88	PFS	Provident Financial	Pair Corr
0.92	TFC	Truist Financial Corp	Pair Corr
0.78	WAL	Western Alliance Ban	Pair Corr
0.81	GSBC	Great Southern Bancorp	Pair Corr
0.82	HBAN	Huntington Bancshares	Pair Corr
0.83	HOMB	Home BancShares	Pair Corr
0.87	HTBK	Heritage Commerce Corp	Pair Corr
0.85	IBCP	Independent Bank	Pair Corr
0.71	601187	Xiamen Bank	Pair Corr
0.72	LSBK	Lake Shore Bancorp	Pair Corr
0.79	MCBS	MetroCity Bankshares	Pair Corr
0.87	ORRF	Orrstown Financial	Pair Corr
0.71	VBNK	VersaBank	Pair Corr
0.78	PNBK	Patriot National Bancorp	Pair Corr
0.87	PNFP	Pinnacle Financial	Pair Corr
0.87	QCRH	QCR Holdings	Pair Corr
0.63	RMBI	Richmond Mutual Banc	Pair Corr
0.74	AFBI	Affinity Bancshares	Pair Corr
0.92	SBFG	SB Financial Group	Pair Corr
0.91	SMBC	Southern Missouri Bancorp	Pair Corr
0.86	SPFI	South Plains Financial	Pair Corr
0.69	BCAL	Southern California	Pair Corr
0.82	BOKF	BOK Financial	Pair Corr

Moving against FSBW Stock

0.68	601658	Postal Savings Bank	Pair Corr
0.66	LDI	Loandepot	Pair Corr
0.71	601665	Qilu Bank	Pair Corr
0.35	SFBC	Sound Financial Bancorp	Pair Corr
0.74	CMWCF	Cromwell Property	Pair Corr
0.67	BYFC	Broadway Financial Trending	Pair Corr
0.39	BKRKF	PT Bank Rakyat	Pair Corr
0.36	HCMC	Healthier Choices	Pair Corr

Related Correlations Analysis

	TSBK	PLBC	FNLC	CZNC	WSBF	CBAN	BCML	PCB	CZFS	COSO
TSBK		0.95	0.93	0.95	0.96	0.95	0.94	0.89	0.78	0.92	TSBK
PLBC	0.95		0.93	0.94	0.92	0.97	0.95	0.8	0.77	0.95	PLBC
FNLC	0.93	0.93		0.94	0.93	0.94	0.96	0.87	0.85	0.92	FNLC
CZNC	0.95	0.94	0.94		0.95	0.94	0.97	0.89	0.8	0.92	CZNC
WSBF	0.96	0.92	0.93	0.95		0.92	0.91	0.91	0.75	0.91	WSBF
CBAN	0.95	0.97	0.94	0.94	0.92		0.95	0.77	0.79	0.95	CBAN
BCML	0.94	0.95	0.96	0.97	0.91	0.95		0.84	0.8	0.93	BCML
PCB	0.89	0.8	0.87	0.89	0.91	0.77	0.84		0.72	0.78	PCB
CZFS	0.78	0.77	0.85	0.8	0.75	0.79	0.8	0.72		0.74	CZFS
COSO	0.92	0.95	0.92	0.92	0.91	0.95	0.93	0.78	0.74		COSO
	TSBK	PLBC	FNLC	CZNC	WSBF	CBAN	BCML	PCB	CZFS	COSO

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

Risk-Adjusted Indicators

There is a big difference between FSBW Stock performing well and FS Bancorp 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 FS Bancorp'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
TSBK	1.10	0.06	0.03	0.15	1.25	(1.18)	2.75	(2.43)	8.74
PLBC	0.88	0.00	(0.02)	0.05	0.95	(0.93)	2.75	(1.62)	5.11
FNLC	1.10	(0.02)	(0.02)	0.03	1.36	(1.25)	2.41	(3.02)	5.79
CZNC	0.90	0.00	(0.02)	0.06	1.23	(0.97)	1.69	(1.71)	7.23
WSBF	0.95	0.05	0.03	0.11	1.13	(1.06)	2.54	(2.35)	6.37
CBAN	1.12	0.02	0.01	0.08	1.56	(1.14)	2.41	(2.60)	9.25
BCML	1.34	(0.02)	(0.02)	0.03	1.60	(1.51)	3.10	(2.35)	9.92
PCB	1.25	0.00	0.00	0.06	1.40	(1.49)	2.99	(1.88)	10.53
CZFS	1.77	(0.13)	0.00	(0.15)	0.00	0.00	3.96	(3.43)	10.15
COSO	0.83	0.06	0.03	0.19	1.15	(0.91)	2.99	(2.74)	6.77

FS Bancorp Corporate Management

Shana Allen	Executive Washington	Profile
Benjamin Crowl	Executive Officer	Profile
Donn Costa	Executive Washington	Profile
Paul Taylor	Senior Operations	Profile
Kyle Johnson	1st Markets	Profile
Kathrine Shairrick	Senior Washington	Profile
Ben Crowl	Senior Lending	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