Correlation Between Origin Bancorp, and FirstSun Capital

Can any of the company-specific risk be diversified away by investing in both Origin Bancorp, and FirstSun Capital at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Origin Bancorp, and FirstSun Capital into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Origin Bancorp, and FirstSun Capital Bancorp, you can compare the effects of market volatilities on Origin Bancorp, and FirstSun Capital and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Origin Bancorp, with a short position of FirstSun Capital. Check out your portfolio center. Please also check ongoing floating volatility patterns of Origin Bancorp, and FirstSun Capital.

Diversification Opportunities for Origin Bancorp, and FirstSun Capital

-0.03

Correlation Coefficient

Origin Bancorp,  FirstSun Capital

Good diversification

The 3 months correlation between Origin and FirstSun is -0.03. Overlapping area represents the amount of risk that can be diversified away by holding Origin Bancorp, and FirstSun Capital Bancorp in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on FirstSun Capital Bancorp and Origin Bancorp, is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Origin Bancorp, are associated (or correlated) with FirstSun Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of FirstSun Capital Bancorp has no effect on the direction of Origin Bancorp, i.e., Origin Bancorp, and FirstSun Capital go up and down completely randomly.

Pair Corralation between Origin Bancorp, and FirstSun Capital

Considering the 90-day investment horizon Origin Bancorp, is expected to generate 0.63 times more return on investment than FirstSun Capital. However, Origin Bancorp, is 1.59 times less risky than FirstSun Capital. It trades about -0.02 of its potential returns per unit of risk. FirstSun Capital Bancorp is currently generating about -0.06 per unit of risk. If you would invest  3,842  in Origin Bancorp, on September 3, 2025 and sell it today you would lose (154.00) from holding Origin Bancorp, or give up 4.01% of portfolio value over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

Origin Bancorp,  vs.  FirstSun Capital Bancorp

Origin Bancorp,

Risk-Adjusted Performance

Weakest

Over the last 90 days Origin Bancorp, has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent fundamental drivers, Origin Bancorp, is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors.

FirstSun Capital Bancorp

Risk-Adjusted Performance

Weakest

Over the last 90 days FirstSun Capital Bancorp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest fragile performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors.

Pair Trading with Origin Bancorp, and FirstSun Capital

The main advantage of trading using opposite Origin Bancorp, and FirstSun Capital positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Origin Bancorp, position performs unexpectedly, FirstSun Capital can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FirstSun Capital will offset losses from the drop in FirstSun Capital's long position.

The idea behind Origin Bancorp, and FirstSun Capital Bancorp pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.