WesBanco Correlations
| WSBC Stock | USD 35.23 0.93 2.71% |
The current 90-days correlation between WesBanco and Community Bank System is 0.82 (i.e., Very poor diversification). The correlation of WesBanco 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.
WesBanco Correlation With Market
Very poor diversification
The correlation between WesBanco and DJI is 0.81 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WesBanco and DJI in the same portfolio, assuming nothing else is changed.
Moving together with WesBanco Stock
| 0.98 | BY | Byline Bancorp | PairCorr |
| 0.93 | PB | Prosperity Bancshares | PairCorr |
| 0.74 | SANB | SANTANDER UK 8 | PairCorr |
| 0.87 | WAFD | Washington Federal | PairCorr |
| 0.66 | BFC | Bank First National | PairCorr |
| 0.85 | CFR | CullenFrost Bankers | PairCorr |
| 0.9 | HTH | Hilltop Holdings | PairCorr |
| 0.96 | VLY | Valley National Bancorp | PairCorr |
| 0.95 | HOPE | Hope Bancorp | PairCorr |
| 0.9 | RBCAA | Republic Bancorp Earnings Call Tomorrow | PairCorr |
| 0.86 | MCBS | MetroCity Bankshares Earnings Call This Week | PairCorr |
| 0.97 | NBHC | National Bank Holdings | PairCorr |
| 0.95 | PNFP | Pinnacle Financial | PairCorr |
| 0.95 | QCRH | QCR Holdings | PairCorr |
| 0.92 | AMAL | Amalgamated Bank | PairCorr |
| 0.97 | SBSI | Southside Bancshares | PairCorr |
| 0.91 | STBA | ST Bancorp | PairCorr |
| 0.93 | BOKF | BOK Financial | PairCorr |
| 0.94 | TCBK | TriCo Bancshares | PairCorr |
| 0.89 | BPOP | Popular | PairCorr |
| 0.96 | BUSE | First Busey Corp | PairCorr |
| 0.9 | BVFL | BV Financial Common | PairCorr |
| 0.95 | CADE | Cadence Bancorp | PairCorr |
| 0.92 | CBSH | Commerce Bancshares | PairCorr |
| 0.97 | CNOB | ConnectOne Bancorp | PairCorr |
| 0.91 | CUBI | Customers Bancorp | PairCorr |
| 0.96 | DCOM | Dime Community Bancshares | PairCorr |
| 0.95 | UVSP | Univest Pennsylvania | PairCorr |
| 0.68 | PPERY | Bank Mandiri Persero Earnings Call This Week | PairCorr |
| 0.65 | TLKMF | Telkom Indonesia Tbk | PairCorr |
Moving against WesBanco Stock
| 0.76 | PBHC | Pathfinder Bancorp | PairCorr |
| 0.5 | LDI | Loandepot | PairCorr |
| 0.78 | PBCRY | Bank Central Asia | PairCorr |
| 0.51 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.49 | PTAIF | PT Astra International | PairCorr |
| 0.41 | BKRKY | Bank Rakyat | PairCorr |
Related Correlations Analysis
Risk-Adjusted Indicators
There is a big difference between WesBanco Stock performing well and WesBanco 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 WesBanco'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CBU | 1.17 | 0.06 | 0.05 | 0.12 | 1.17 | 2.35 | 8.66 | |||
| WSFS | 1.13 | 0.21 | 0.15 | 0.36 | 1.10 | 2.71 | 8.78 | |||
| TBBK | 1.60 | (0.27) | 0.00 | (0.09) | 0.00 | 4.18 | 19.50 | |||
| FHB | 1.20 | 0.14 | 0.13 | 0.19 | 1.01 | 3.23 | 7.66 | |||
| BKU | 1.21 | 0.31 | 0.22 | 0.33 | 1.08 | 3.30 | 13.69 | |||
| FBK | 1.24 | (0.01) | 0.01 | 0.06 | 1.62 | 3.18 | 11.63 | |||
| SBCF | 1.19 | 0.09 | 0.08 | 0.14 | 1.22 | 3.69 | 8.79 | |||
| FULT | 1.25 | 0.14 | 0.11 | 0.17 | 1.25 | 3.01 | 8.73 | |||
| CATY | 1.13 | 0.08 | 0.05 | 0.16 | 1.21 | 3.14 | 8.56 | |||
| BANC | 1.20 | 0.22 | 0.15 | 0.24 | 1.20 | 4.35 | 8.37 |
WesBanco Corporate Management
| Anthony Pietranton | Executive VP of HR Management | Profile | |
| Alisha Hipwell | Senior Officer | Profile | |
| Robert Friend | Executive Officer | Profile | |
| LaReta Lowther | Senior Compliance | Profile | |
| Michael CPA | Senior Officer | Profile |