Provident Financial Correlations

PFS Stock

USD 20.05 0.10 0.50%

The current 90-days correlation between Provident Financial and Park National is 0.86 (i.e., Very poor diversification). The correlation of Provident 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Provident Financial Correlation With Market

Very weak diversification

The correlation between Provident Financial Services and DJI is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Provident Financial Services and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Provident Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident 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 census.

Moving together with Provident Stock

0.69	BIRG	Bank of Ireland	Pair Corr
0.86	EBMT	Eagle Bancorp Montana	Pair Corr
0.91	FCAP	First Capital	Pair Corr
0.96	FFBC	First Financial Bancorp	Pair Corr
0.89	BOH	Bank of Hawaii	Pair Corr
0.9	CAC	Camden National	Pair Corr
0.88	MPB	Mid Penn Bancorp	Pair Corr
0.9	TFC	Truist Financial Corp	Pair Corr
0.85	WAL	Western Alliance Ban	Pair Corr
0.96	GSBC	Great Southern Bancorp	Pair Corr
0.95	HBAN	Huntington Bancshares	Pair Corr
0.93	HOMB	Home BancShares	Pair Corr
0.81	HTBK	Heritage Commerce Corp	Pair Corr
0.9	IBCP	Independent Bank	Pair Corr
0.9	MCBS	MetroCity Bankshares	Pair Corr
0.86	ORRF	Orrstown Financial	Pair Corr
0.77	VBNK	VersaBank	Pair Corr
0.85	PNBK	Patriot National Bancorp	Pair Corr
0.97	PNFP	Pinnacle Financial	Pair Corr
0.85	QCRH	QCR Holdings	Pair Corr
0.83	RMBI	Richmond Mutual Banc	Pair Corr
0.85	AFBI	Affinity Bancshares	Pair Corr
0.81	SBFG	SB Financial Group	Pair Corr
0.87	SMBC	Southern Missouri Bancorp	Pair Corr
0.94	SPFI	South Plains Financial	Pair Corr
0.94	BOKF	BOK Financial	Pair Corr

Moving against Provident Stock

0.71	601658	Postal Savings Bank	Pair Corr
0.56	LDI	Loandepot	Pair Corr
0.81	601665	Qilu Bank	Pair Corr
0.83	CMWCF	Cromwell Property	Pair Corr
0.43	BKRKF	PT Bank Rakyat	Pair Corr
0.42	BYFC	Broadway Financial	Pair Corr

Related Correlations Analysis

	PRK	FFBC	WAL	TRMK	TOWN	BANR	WAFD	CVBF	SFNC	NBTB
PRK		0.89	0.67	0.88	0.94	0.9	0.53	0.74	0.7	0.85	PRK
FFBC	0.89		0.85	0.94	0.93	0.92	0.71	0.78	0.85	0.87	FFBC
WAL	0.67	0.85		0.83	0.74	0.75	0.65	0.57	0.86	0.75	WAL
TRMK	0.88	0.94	0.83		0.92	0.92	0.76	0.79	0.81	0.91	TRMK
TOWN	0.94	0.93	0.74	0.92		0.93	0.63	0.76	0.78	0.89	TOWN
BANR	0.9	0.92	0.75	0.92	0.93		0.74	0.85	0.77	0.91	BANR
WAFD	0.53	0.71	0.65	0.76	0.63	0.74		0.82	0.48	0.83	WAFD
CVBF	0.74	0.78	0.57	0.79	0.76	0.85	0.82		0.51	0.84	CVBF
SFNC	0.7	0.85	0.86	0.81	0.78	0.77	0.48	0.51		0.66	SFNC
NBTB	0.85	0.87	0.75	0.91	0.89	0.91	0.83	0.84	0.66		NBTB
	PRK	FFBC	WAL	TRMK	TOWN	BANR	WAFD	CVBF	SFNC	NBTB

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

Risk-Adjusted Indicators

There is a big difference between Provident Stock performing well and Provident 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 Provident 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
PRK	1.22	(0.11)	0.00	(0.03)	0.00	0.00	2.61	(2.67)	8.53
FFBC	1.16	(0.05)	(0.02)	0.03	1.75	(1.37)	2.88	(1.97)	10.50
WAL	1.72	(0.04)	(0.02)	0.02	3.13	(1.48)	4.13	(4.24)	16.04
TRMK	1.16	(0.05)	(0.01)	0.04	1.65	(1.33)	2.46	(1.92)	9.15
TOWN	0.96	(0.07)	(0.05)	0.00	1.47	(0.92)	2.52	(2.64)	7.46
BANR	1.09	(0.05)	(0.04)	0.02	1.30	(1.19)	2.94	(2.09)	7.92
WAFD	1.11	0.09	0.05	0.21	1.28	(1.19)	3.19	(2.17)	6.44
CVBF	1.23	(0.03)	(0.01)	0.05	1.59	(1.26)	2.93	(2.96)	8.12
SFNC	1.13	(0.04)	(0.05)	(0.02)	1.62	(1.25)	2.78	(3.18)	7.94
NBTB	1.19	(0.03)	(0.01)	0.05	1.48	(1.33)	2.94	(3.11)	10.75

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