MVB Financial Correlations

MVBF Stock

USD 24.54 0.86 3.63%

The current 90-days correlation between MVB Financial Corp and Finward Bancorp is 0.1 (i.e., Average 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

Poor diversification

The correlation between MVB Financial Corp and DJI is 0.63 (i.e., Poor 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

0.96	AX	Axos Financial	Pair Corr
0.75	BY	Byline Bancorp Earnings Call This Week	Pair Corr
0.92	DB	Deutsche Bank AG Earnings Call This Week	Pair Corr
0.95	KB	KB Financial Group Earnings Call Tomorrow	Pair Corr
0.74	NU	Nu Holdings Aggressive Push	Pair Corr
0.77	PB	Prosperity Bancshares Earnings Call This Week	Pair Corr
0.96	RF	Regions Financial Buyout Trend	Pair Corr
0.97	WF	Woori Financial Group Earnings Call This Week	Pair Corr
0.64	VABK	Virginia National	Pair Corr
0.87	VBTX	Veritex Holdings Normal Trading	Pair Corr
0.89	TECTP	Tectonic Financial	Pair Corr
0.83	TFC-PO	Truist Financial	Pair Corr
0.74	TFC-PR	Truist Financial	Pair Corr
0.61	EBTC	Enterprise Bancorp	Pair Corr
0.77	CFG-PE	Citizens Financial	Pair Corr
0.74	CFG-PH	Citizens Financial Group,	Pair Corr
0.89	EFSC	Enterprise Financial Earnings Call Tomorrow	Pair Corr
0.69	KEY-PJ	KeyCorp Earnings Call This Week	Pair Corr
0.81	KEY-PK	KeyCorp Earnings Call This Week	Pair Corr
0.82	KEY-PL	KeyCorp Earnings Call This Week	Pair Corr
0.77	WAFD	Washington Federal	Pair Corr
0.81	BANC-PF	Banc of California Earnings Call Tomorrow	Pair Corr
0.79	EQBK	Equity Bancshares,	Pair Corr
0.84	ESSA	ESSA Bancorp Earnings Call This Week	Pair Corr
0.83	TFINP	Triumph Financial	Pair Corr
0.92	WSBCP	WesBanco Earnings Call This Week	Pair Corr
0.63	WNEB	Western New England Earnings Call This Week	Pair Corr
0.86	WSBC	WesBanco	Pair Corr

Moving against MVB Stock

0.53	TFC-PI	Truist Financial	Pair Corr
0.38	WSBK	Winchester Bancorp,	Pair Corr
0.38	FCAP	First Capital Earnings Call This Week	Pair Corr

Related Correlations Analysis

	FCAP	FNWD	CWBC	QCRH	MPB	MBIN	FDBC	BWFG	FGBI
FCAP		0.7	-0.22	-0.25	0.15	-0.38	-0.25	-0.02	0.41	FCAP
FNWD	0.7		-0.7	-0.51	-0.2	-0.6	-0.64	-0.62	0.73	FNWD
CWBC	-0.22	-0.7		0.79	0.75	0.79	0.9	0.92	-0.36	CWBC
QCRH	-0.25	-0.51	0.79		0.63	0.84	0.69	0.68	-0.02	QCRH
MPB	0.15	-0.2	0.75	0.63		0.53	0.69	0.68	0.16	MPB
MBIN	-0.38	-0.6	0.79	0.84	0.53		0.72	0.6	-0.1	MBIN
FDBC	-0.25	-0.64	0.9	0.69	0.69	0.72		0.8	-0.39	FDBC
BWFG	-0.02	-0.62	0.92	0.68	0.68	0.6	0.8		-0.41	BWFG
FGBI	0.41	0.73	-0.36	-0.02	0.16	-0.1	-0.39	-0.41		FGBI
	FCAP	FNWD	CWBC	QCRH	MPB	MBIN	FDBC	BWFG	FGBI

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

BWFG	+ 0.92	CWBC
FDBC	+ 0.9	CWBC
MBIN	+ 0.84	QCRH
BWFG	+ 0.8	FDBC
QCRH	+ 0.79	CWBC
MBIN	+ 0.79	CWBC

High negative correlations

CWBC	- 0.7	FNWD
FDBC	- 0.64	FNWD
BWFG	- 0.62	FNWD
MBIN	- 0.6	FNWD
QCRH	- 0.51	FNWD
FGBI	- 0.41	BWFG

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	2.32	(0.10)	(0.04)	0.02	2.99	(2.35)	5.98	(5.04)	15.49
FNWD	0.82	(0.16)	0.00	(1.47)	0.00	0.00	1.88	(2.10)	5.91
CWBC	1.16	0.26	0.24	0.36	0.68	(1.44)	3.23	(1.38)	8.56
QCRH	1.35	0.12	0.08	0.25	1.29	(1.48)	2.86	(2.38)	6.36
MPB	1.26	0.10	0.08	0.22	1.19	(1.46)	2.91	(2.36)	8.21
MBIN	1.83	(0.03)	0.01	0.11	2.34	(1.94)	3.68	(3.25)	12.31
FDBC	2.16	0.00	0.04	0.13	2.04	(2.77)	4.63	(3.62)	10.27
BWFG	1.27	0.29	0.21	0.37	1.10	(1.44)	2.82	(1.96)	8.78
FGBI	2.17	0.11	0.00	0.79	2.60	(2.79)	5.40	(4.91)	20.57

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