WSFS Financial Correlations

WSFS Stock

USD 61.09 0.61 1.01%

The current 90-days correlation between WSFS Financial and Fifth Third Bancorp is 0.89 (i.e., Very poor diversification). The correlation of WSFS 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.

WSFS Financial Correlation With Market

Poor diversification

The correlation between WSFS Financial and DJI is 0.73 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WSFS Financial and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WSFS Financial. 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.

For more information on how to buy WSFS Stock please use our How to Invest in WSFS Financial guide.

Moving together with WSFS Stock

0.94	AX	Axos Financial	Pair Corr
0.93	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.89	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.78	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.61	VBNK	VersaBank Fiscal Year End 11th of December 2024	Pair Corr
0.65	VBTX	Veritex Holdings Normal Trading	Pair Corr
0.75	EBTC	Enterprise Bancorp	Pair Corr
0.89	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.61	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.89	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.84	WAFD	Washington Federal	Pair Corr
0.72	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.61	BANC-PF	Banc of California	Pair Corr
0.77	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.63	EWBC	East West Bancorp Fiscal Year End 28th of January 2025	Pair Corr

Moving against WSFS Stock

0.57	CFG-PE	Citizens Financial	Pair Corr
0.47	TFC-PR	Truist Financial	Pair Corr
0.43	TFC-PO	Truist Financial	Pair Corr
0.56	WAFDP	Washington Federal	Pair Corr

Related Correlations Analysis

	FITB	ZION	HBAN	CMA	MTB
FITB		0.94	0.97	0.96	0.96	FITB
ZION	0.94		0.98	0.92	0.94	ZION
HBAN	0.97	0.98		0.94	0.96	HBAN
CMA	0.96	0.92	0.94		0.97	CMA
MTB	0.96	0.94	0.96	0.97		MTB
	FITB	ZION	HBAN	CMA	MTB

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Risk-Adjusted Indicators

There is a big difference between WSFS Stock performing well and WSFS 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 WSFS 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
FITB	1.09	0.05	0.10	0.15	0.97	(1.21)	2.39	(2.01)	10.60
ZION	1.69	0.08	0.15	0.15	1.49	(1.97)	3.62	(2.89)	20.65
HBAN	1.26	0.13	0.22	0.18	0.85	(1.66)	2.87	(2.28)	14.20
CMA	1.50	0.18	0.17	0.21	1.36	(1.66)	3.53	(2.64)	14.10
MTB	1.39	0.23	0.27	0.24	0.83	(1.71)	3.41	(1.59)	16.03

WSFS Financial Corporate Management

CFA CFA	Ex CFO	Profile
John Clatworthy	Senior Connect	Profile
Patrick Ward	FSB Society	Profile
Patrick Healy	Debt Bankruptcy	Profile

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