WSFS Financial Correlations
| WSFS Stock | USD 55.83 0.20 0.36% |
The current 90-days correlation between WSFS Financial and The Hanover Insurance is 0.41 (i.e., Very weak 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
Very weak diversification
The correlation between WSFS Financial and DJI is 0.49 (i.e., Very weak 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.
Moving together with WSFS Stock
| 0.72 | AX | Axos Financial | PairCorr |
| 0.88 | BY | Byline Bancorp Normal Trading | PairCorr |
| 0.76 | PB | Prosperity Bancshares | PairCorr |
| 0.75 | RF | Regions Financial Aggressive Push | PairCorr |
| 0.72 | WABC | Westamerica Bancorporation | PairCorr |
| 0.87 | WAFD | Washington Federal | PairCorr |
| 0.81 | WASH | Washington Trust Bancorp | PairCorr |
| 0.67 | EQBK | Equity Bancshares, | PairCorr |
| 0.85 | EWBC | East West Bancorp | PairCorr |
| 0.87 | WNEB | Western New England | PairCorr |
| 0.92 | WTFC | Wintrust Financial | PairCorr |
| 0.8 | FBIZ | First Business Financial | PairCorr |
| 0.79 | FBNC | First Bancorp | PairCorr |
| 0.67 | FCBC | First Community Banc | PairCorr |
| 0.63 | FCCO | First Community | PairCorr |
Moving against WSFS Stock
Related Correlations Analysis
| 0.18 | 0.0 | 0.07 | 0.21 | -0.27 | 0.4 | THG | ||
| 0.18 | 0.0 | 0.63 | -0.32 | -0.18 | 0.7 | WTM | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | CWID | ||
| 0.07 | 0.63 | 0.0 | -0.01 | 0.22 | 0.52 | MTLS | ||
| 0.21 | -0.32 | 0.0 | -0.01 | 0.32 | -0.13 | PKIN | ||
| -0.27 | -0.18 | 0.0 | 0.22 | 0.32 | -0.46 | RYAM | ||
| 0.4 | 0.7 | 0.0 | 0.52 | -0.13 | -0.46 | SCIA | ||
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
| High negative correlations
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| THG | 0.89 | (0.05) | 0.00 | (0.07) | 0.00 | 1.98 | 5.40 | |||
| WTM | 1.21 | 0.13 | 0.10 | 0.21 | 1.14 | 2.19 | 12.96 | |||
| CWID | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MTLS | 2.76 | 0.21 | 0.08 | 0.25 | 2.61 | 5.74 | 18.56 | |||
| PKIN | 0.03 | (0.01) | 0.00 | (1.21) | 0.00 | 0.00 | 2.20 | |||
| RYAM | 2.01 | 0.10 | 0.04 | 0.14 | 2.55 | 4.77 | 14.03 | |||
| SCIA | 1.71 | 0.38 | 0.12 | 0.73 | 1.82 | 6.11 | 20.05 |
WSFS Financial Corporate Management
| Patrick Keenan | SVP Bank | Profile | |
| CFA CFA | Ex CFO | Profile | |
| Patrick Ward | FSB Society | Profile | |
| Christine Davis | Executive Officer | Profile | |
| Patrick Healy | Debt Bankruptcy | Profile |