Lakeland Financial Correlations

LKFN Stock  USD 66.41  0.61  0.93%   
The current 90-days correlation between Lakeland Financial and Home Bancorp is 0.66 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lakeland Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lakeland Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Lakeland Financial Correlation With Market

Weak diversification

The correlation between Lakeland Financial and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lakeland Financial and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lakeland Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
To learn how to invest in Lakeland Stock, please use our How to Invest in Lakeland Financial guide.

Moving together with Lakeland Stock

  0.97AX Axos FinancialPairCorr
  0.89BY Byline BancorpPairCorr
  0.66KB KB Financial GroupPairCorr
  0.77PB Prosperity BancsharesPairCorr
  0.9RF Regions FinancialPairCorr
  0.92VABK Virginia NationalPairCorr
  0.9VBNK VersaBank Earnings Call This WeekPairCorr
  0.95VBTX Veritex HoldingsPairCorr
  0.66TFC-PI Truist FinancialPairCorr
  0.95EGBN Eagle BancorpPairCorr
  0.74KEY-PK KeyCorp Normal TradingPairCorr
  0.96WABC Westamerica BancorporationPairCorr
  0.92WAFD Washington FederalPairCorr
  0.86WASH Washington Trust BancorpPairCorr
  0.91EQBK Equity Bancshares,PairCorr
  0.75WAFDP Washington FederalPairCorr
  0.72EVBN Evans BancorpPairCorr
  0.81WMPN William Penn BancorpPairCorr

Moving against Lakeland Stock

  0.85VBFC Village BankPairCorr
  0.68TECTP Tectonic FinancialPairCorr
  0.59DB Deutsche Bank AG Normal TradingPairCorr
  0.45EBTC Enterprise BancorpPairCorr
  0.57EFSI Eagle Financial ServicesPairCorr
  0.54WSBCP WesBancoPairCorr
  0.42BANC-PF Banc of CaliforniaPairCorr

Related Correlations Analysis

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   
MBWMHBCP
GABCHFWA
HTBKHTBI
MBWMHFWA
FNWDGABC
HFWAHBCP
  
High negative correlations   
FNWDLSBK
GABCLSBK
LSBKHFWA

Risk-Adjusted Indicators

There is a big difference between Lakeland Stock performing well and Lakeland 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 Lakeland 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.

Lakeland Financial Corporate Management

Kristin PruittExecutive VP, Secretary and Executive VP of Lake City BankProfile
Donald RobinsonGaySenior OfficerProfile
Jennifer HurfordSenior TreasurerProfile
Stephanie LeniskiExecutive OfficerProfile
JD CTFASenior OfficerProfile
Michael GavinExecutive OfficerProfile