MVB Financial Correlations

MVBF Stock

USD 26.15 0.20 0.76%

The current 90-days correlation between MVB Financial Corp and First Capital is 0.42 (i.e., Very weak diversification). The correlation of MVB 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.

MVB Financial Correlation With Market

Very weak diversification

The correlation between MVB Financial Corp and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MVB Financial Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with MVB Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MVB Financial Corp. 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.

Moving together with MVB Stock

0.61	BIRG	Bank of Ireland	Pair Corr
0.65	BEN	Bendigo and Adelaide	Pair Corr
0.73	EGBN	Eagle Bancorp	Pair Corr
0.78	HSBK	Halyk Bank	Pair Corr
0.75	WSBC	WesBanco	Pair Corr
0.61	WTBA	West Bancorporation	Pair Corr
0.74	FCAP	First Capital	Pair Corr

Moving against MVB Stock

0.38	ECBK	ECB Bancorp	Pair Corr
0.65	002142	Bank of Ningbo	Pair Corr
0.54	601997	Bank of Guiyang	Pair Corr
0.31	TFINP	Triumph Financial Earnings Call Today	Pair Corr
0.43	FCBC	First Community Banc	Pair Corr
0.39	FFIN	First Financial Bank Earnings Call This Week	Pair Corr

Related Correlations Analysis

	FCAP	FNWD	CWBC	QCRH	MPB	MBIN	FDBC	BWFG	FGBI
FCAP		0.81	0.71	0.48	0.6	0.08	0.59	0.76	0.21	FCAP
FNWD	0.81		0.71	0.66	0.73	-0.14	0.57	0.84	-0.07	FNWD
CWBC	0.71	0.71		0.86	0.84	0.46	0.89	0.62	0.03	CWBC
QCRH	0.48	0.66	0.86		0.89	0.4	0.83	0.63	-0.22	QCRH
MPB	0.6	0.73	0.84	0.89		0.21	0.8	0.74	-0.18	MPB
MBIN	0.08	-0.14	0.46	0.4	0.21		0.5	-0.2	0.24	MBIN
FDBC	0.59	0.57	0.89	0.83	0.8	0.5		0.51	0.0	FDBC
BWFG	0.76	0.84	0.62	0.63	0.74	-0.2	0.51		-0.2	BWFG
FGBI	0.21	-0.07	0.03	-0.22	-0.18	0.24	0.0	-0.2		FGBI
	FCAP	FNWD	CWBC	QCRH	MPB	MBIN	FDBC	BWFG	FGBI

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

FDBC	+ 0.89	CWBC
MPB	+ 0.89	QCRH
QCRH	+ 0.86	CWBC
BWFG	+ 0.84	FNWD
MPB	+ 0.84	CWBC
FDBC	+ 0.83	QCRH

High negative correlations

FGBI	- 0.22	QCRH
FGBI	- 0.2	BWFG
BWFG	- 0.2	MBIN
FGBI	- 0.18	MPB
MBIN	- 0.14	FNWD
FGBI	- 0.07	FNWD

Risk-Adjusted Indicators

There is a big difference between MVB Stock performing well and MVB 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 MVB 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
FCAP	1.87	(0.11)	(0.02)	0.00	2.20	(2.21)	4.60	(3.39)	11.34
FNWD	1.11	0.16	0.14	0.19	0.88	(1.32)	3.73	(1.67)	8.32
CWBC	1.06	(0.10)	0.00	(0.01)	0.00	0.00	2.79	(2.21)	9.23
QCRH	1.10	(0.12)	0.00	(0.04)	0.00	0.00	2.10	(1.75)	9.46
MPB	1.12	(0.14)	0.00	(0.06)	0.00	0.00	2.29	(2.48)	8.31
MBIN	1.54	(0.20)	0.00	(0.05)	0.00	0.00	3.51	(3.10)	12.80
FDBC	1.77	(0.15)	0.00	(0.01)	0.00	0.00	4.00	(2.89)	16.46
BWFG	1.22	0.12	0.09	0.15	1.16	(1.32)	2.41	(2.04)	9.14
FGBI	1.66	(0.01)	(0.01)	0.04	2.21	(1.84)	3.75	(3.60)	16.72

MVB Financial Corporate Management

David Jones	VP Officer	Profile
James Potasky	Senior Audit	Profile
Roy Hinkamper	Senior Executive	Profile
Michael Giorgio	Executive Officer	Profile
John Marion	Executive Officer	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

2025 Macroaxis LLC