WesBanco Correlations
| WSBC Stock | USD 33.34 0.10 0.30% |
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 weak diversification
The correlation between WesBanco and DJI is 0.5 (i.e., Very weak 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
| 0.61 | BIRG | Bank of Ireland | PairCorr |
| 0.86 | EBMT | Eagle Bancorp Montana | PairCorr |
| 0.86 | FCAP | First Capital | PairCorr |
| 0.96 | FFBC | First Financial Bancorp | PairCorr |
| 0.81 | BOH | Bank of Hawaii | PairCorr |
| 0.81 | CAC | Camden National | PairCorr |
| 0.77 | MPB | Mid Penn Bancorp | PairCorr |
| 0.96 | PFS | Provident Financial | PairCorr |
| 0.83 | TFC | Truist Financial Corp | PairCorr |
| 0.86 | WAL | Western Alliance Ban | PairCorr |
| 0.97 | GSBC | Great Southern Bancorp | PairCorr |
| 0.93 | HBAN | Huntington Bancshares | PairCorr |
| 0.89 | HOMB | Home BancShares | PairCorr |
| 0.7 | HTBK | Heritage Commerce Corp | PairCorr |
| 0.83 | IBCP | Independent Bank | PairCorr |
| 0.7 | INBK | First Internet Bancorp | PairCorr |
| 0.86 | MCBS | MetroCity Bankshares | PairCorr |
| 0.76 | ORRF | Orrstown Financial | PairCorr |
| 0.79 | VBNK | VersaBank | PairCorr |
| 0.85 | PNBK | Patriot National Bancorp | PairCorr |
| 0.95 | PNFP | Pinnacle Financial | PairCorr |
| 0.73 | QCRH | QCR Holdings | PairCorr |
| 0.88 | RMBI | Richmond Mutual Banc | PairCorr |
| 0.87 | AFBI | Affinity Bancshares | PairCorr |
| 0.72 | SBFG | SB Financial Group | PairCorr |
| 0.77 | SMBC | Southern Missouri Bancorp | PairCorr |
| 0.94 | SPFI | South Plains Financial | PairCorr |
| 0.96 | BOKF | BOK Financial | PairCorr |
Moving against WesBanco Stock
| 0.78 | 601658 | Postal Savings Bank | PairCorr |
| 0.54 | LDI | Loandepot | PairCorr |
| 0.79 | 601665 | Qilu Bank | PairCorr |
| 0.79 | CMWCF | Cromwell Property | PairCorr |
| 0.46 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.33 | BYFC | Broadway Financial Trending | PairCorr |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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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 | 1.13 | (0.06) | (0.04) | 0.00 | 1.43 | 2.31 | 8.57 | |||
| WSFS | 1.08 | (0.02) | (0.01) | 0.03 | 1.61 | 2.40 | 8.47 | |||
| TBBK | 1.83 | (0.24) | 0.00 | (0.05) | 0.00 | 4.29 | 20.56 | |||
| FHB | 1.16 | 0.00 | 0.01 | 0.05 | 1.50 | 2.72 | 8.02 | |||
| BKU | 1.27 | 0.19 | 0.09 | 0.20 | 2.03 | 2.75 | 12.01 | |||
| FBK | 1.22 | (0.06) | (0.01) | 0.02 | 2.17 | 2.60 | 12.52 | |||
| SBCF | 1.26 | (0.01) | 0.01 | 0.05 | 1.78 | 3.46 | 9.34 | |||
| FULT | 1.30 | 0.02 | 0.02 | 0.07 | 1.78 | 3.20 | 8.44 | |||
| CATY | 1.17 | (0.03) | (0.01) | 0.03 | 1.87 | 3.14 | 10.95 | |||
| BANC | 1.44 | 0.17 | 0.09 | 0.16 | 2.10 | 4.17 | 11.92 |
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 |