Trustmark Correlations

TRMK Stock

USD 38.55 0.25 0.65%

The current 90-days correlation between Trustmark and Renasant is 0.69 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trustmark moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trustmark moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Trustmark Correlation With Market

Poor diversification

The correlation between Trustmark 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 Trustmark and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Trustmark Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trustmark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Trustmark Stock please use our How to buy in Trustmark Stock guide.

Moving together with Trustmark Stock

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0.76	KB	KB Financial Group Earnings Call Today	Pair Corr
0.85	NU	Nu Holdings Aggressive Push	Pair Corr
0.96	PB	Prosperity Bancshares Earnings Call This Week	Pair Corr
0.95	RF	Regions Financial Buyout Trend	Pair Corr
0.84	WF	Woori Financial Group Earnings Call This Week	Pair Corr
0.72	VABK	Virginia National	Pair Corr
0.63	VBNK	VersaBank	Pair Corr
0.89	VBTX	Veritex Holdings Normal Trading	Pair Corr
0.79	TECTP	Tectonic Financial	Pair Corr
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0.85	TFC-PR	Truist Financial	Pair Corr
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0.87	CFG-PH	Citizens Financial Group,	Pair Corr
0.97	EFSC	Enterprise Financial Earnings Call Today	Pair Corr
0.64	EFSI	Eagle Financial Services Earnings Call This Week	Pair Corr
0.62	EGBN	Eagle Bancorp Earnings Call This Week	Pair Corr
0.66	KEY-PI	KeyCorp Earnings Call Tomorrow	Pair Corr
0.76	KEY-PJ	KeyCorp Earnings Call Tomorrow	Pair Corr
0.81	KEY-PK	KeyCorp Earnings Call Tomorrow	Pair Corr
0.72	KEY-PL	KeyCorp Earnings Call Tomorrow	Pair Corr
0.87	WABC	Westamerica Bancorporation	Pair Corr
0.95	WAFD	Washington Federal	Pair Corr
0.87	WASH	Washington Trust Bancorp Earnings Call Today	Pair Corr
0.72	BANC-PF	Banc of California Earnings Call Today	Pair Corr
0.93	EQBK	Equity Bancshares,	Pair Corr
0.97	ESSA	ESSA Bancorp Earnings Call This Week	Pair Corr
0.67	TFINP	Triumph Financial	Pair Corr
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0.85	WNEB	Western New England Earnings Call Tomorrow	Pair Corr
0.95	WSBC	WesBanco	Pair Corr

Related Correlations Analysis

	RNST	UBSI	THFF	HWC	WABC	UMBF	STBA
RNST		0.95	0.98	0.96	0.8	0.96	0.91	RNST
UBSI	0.95		0.96	0.97	0.86	0.98	0.95	UBSI
THFF	0.98	0.96		0.98	0.86	0.97	0.96	THFF
HWC	0.96	0.97	0.98		0.87	0.97	0.97	HWC
WABC	0.8	0.86	0.86	0.87		0.88	0.95	WABC
UMBF	0.96	0.98	0.97	0.97	0.88		0.96	UMBF
STBA	0.91	0.95	0.96	0.97	0.95	0.96		STBA
	RNST	UBSI	THFF	HWC	WABC	UMBF	STBA

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Risk-Adjusted Indicators

There is a big difference between Trustmark Stock performing well and Trustmark 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 Trustmark'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
RNST	1.43	0.35	0.31	0.39	0.89	(1.90)	3.48	(1.89)	12.42
UBSI	1.15	0.10	0.08	0.22	1.16	(1.29)	2.78	(2.00)	8.13
THFF	1.39	0.26	0.20	0.35	0.97	(1.68)	3.97	(1.97)	9.63
HWC	1.36	0.19	0.15	0.27	1.31	(1.55)	2.92	(2.57)	8.95
WABC	1.07	0.12	0.07	0.29	1.10	(1.20)	2.53	(2.01)	6.74
UMBF	1.37	0.17	0.12	0.26	1.46	(1.51)	3.46	(2.34)	8.86
STBA	1.18	0.13	0.10	0.27	1.04	(1.44)	3.03	(1.95)	6.82

Trustmark Corporate Management

Melanie Morgan	Executive Marketing	Profile
Duane CFP	CEO Pres	Profile
George Chambers	Principal Officer	Profile
Joseph Rein	Executive Strategy	Profile

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