Esquire Financial Correlations

ESQ Stock

USD 77.69 0.81 1.03%

The current 90-days correlation between Esquire Financial and First Financial Northwest is 0.46 (i.e., Very weak diversification). The correlation of Esquire 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.

Esquire Financial Correlation With Market

Very weak diversification

The correlation between Esquire Financial Holdings and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Esquire Financial Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Esquire Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Esquire Stock

0.92	AX	Axos Financial	Pair Corr
0.92	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.94	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.97	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.67	VABK	Virginia National	Pair Corr
0.94	VBNK	VersaBank Normal Trading	Pair Corr
0.97	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.8	TECTP	Tectonic Financial	Pair Corr
0.88	EBMT	Eagle Bancorp Montana Normal Trading	Pair Corr
0.96	EBTC	Enterprise Bancorp	Pair Corr
0.69	ECBK	ECB Bancorp	Pair Corr
0.95	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.95	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.68	KEY-PJ	KeyCorp	Pair Corr
0.72	KEY-PK	KeyCorp	Pair Corr
0.72	KEY-PL	KeyCorp	Pair Corr
0.92	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.91	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.73	BANC-PF	Banc of California	Pair Corr
0.97	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.88	ESSA	ESSA Bancorp	Pair Corr
0.92	EVBN	Evans Bancorp	Pair Corr
0.83	WSBCP	WesBanco	Pair Corr

Moving against Esquire Stock

0.59	TFC-PO	Truist Financial	Pair Corr
0.58	CFG-PE	Citizens Financial	Pair Corr
0.55	TFC-PR	Truist Financial	Pair Corr
0.33	WF	Woori Financial Group	Pair Corr
0.52	FRCIL	First Republic Bank	Pair Corr
0.45	FRCHL	First Republic Bank	Pair Corr
0.44	FRCCL	First Republic Bank	Pair Corr
0.35	WBBW	Westbury Bancorp	Pair Corr

Related Correlations Analysis

	HMNF	HFBL	FFNW	FNWB	FCAP	CWBC	OVLY	FSBW	NECB	MBCN
HMNF		-0.15	0.03	0.24	-0.16	0.47	0.57	0.53	0.58	0.45	HMNF
HFBL	-0.15		-0.03	0.02	0.16	-0.04	0.1	0.05	0.2	0.06	HFBL
FFNW	0.03	-0.03		0.3	-0.11	-0.08	-0.21	-0.09	-0.13	-0.19	FFNW
FNWB	0.24	0.02	0.3		-0.66	0.64	0.18	0.2	-0.02	-0.12	FNWB
FCAP	-0.16	0.16	-0.11	-0.66		-0.63	-0.1	-0.06	0.22	0.24	FCAP
CWBC	0.47	-0.04	-0.08	0.64	-0.63		0.69	0.67	0.24	0.35	CWBC
OVLY	0.57	0.1	-0.21	0.18	-0.1	0.69		0.88	0.79	0.82	OVLY
FSBW	0.53	0.05	-0.09	0.2	-0.06	0.67	0.88		0.68	0.8	FSBW
NECB	0.58	0.2	-0.13	-0.02	0.22	0.24	0.79	0.68		0.76	NECB
MBCN	0.45	0.06	-0.19	-0.12	0.24	0.35	0.82	0.8	0.76		MBCN
	HMNF	HFBL	FFNW	FNWB	FCAP	CWBC	OVLY	FSBW	NECB	MBCN

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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

FSBW	+ 0.88	OVLY
MBCN	+ 0.82	OVLY
MBCN	+ 0.8	FSBW
NECB	+ 0.79	OVLY
MBCN	+ 0.76	NECB
OVLY	+ 0.69	CWBC

High negative correlations

FCAP	- 0.66	FNWB
CWBC	- 0.63	FCAP
OVLY	- 0.21	FFNW
MBCN	- 0.19	FFNW
FCAP	- 0.16	HMNF
HFBL	- 0.15	HMNF

Risk-Adjusted Indicators

There is a big difference between Esquire Stock performing well and Esquire 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 Esquire 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
HMNF	1.88	0.37	0.11	2.26	1.85	(2.37)	4.29	(3.19)	13.15
HFBL	1.56	(0.17)	0.00	(0.27)	0.00	0.00	3.75	(4.31)	17.43
FFNW	0.59	(0.06)	0.00	(0.05)	0.00	0.00	1.36	(1.13)	4.32
FNWB	1.62	(0.02)	(0.03)	0.10	1.75	(1.87)	4.11	(2.82)	14.21
FCAP	1.91	0.07	(0.01)	0.39	2.02	(2.53)	6.30	(4.11)	14.42
CWBC	1.03	(0.03)	0.00	0.10	1.12	(1.13)	2.53	(2.16)	9.14
OVLY	1.67	0.02	0.07	0.14	1.51	(2.14)	4.78	(2.77)	11.90
FSBW	1.62	(0.08)	0.01	0.08	1.68	(1.87)	4.14	(2.96)	11.90
NECB	1.67	0.29	0.16	0.33	1.73	(1.88)	3.59	(3.21)	12.18
MBCN	1.98	(0.09)	0.04	0.09	2.50	(2.21)	3.93	(2.91)	17.45

Esquire Financial Corporate Management

Fred Horn	Senior Services	Profile
Ann Tarantino	Chief VP	Profile
Kyall Mai	Senior Officer	Profile
Ari Esq	Executive Development	Profile

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