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.
Lakeland |
Moving together with Lakeland Stock
0.97 | AX | Axos Financial | PairCorr |
0.89 | BY | Byline Bancorp | PairCorr |
0.66 | KB | KB Financial Group | PairCorr |
0.77 | PB | Prosperity Bancshares | PairCorr |
0.9 | RF | Regions Financial | PairCorr |
0.92 | VABK | Virginia National | PairCorr |
0.9 | VBNK | VersaBank Earnings Call This Week | PairCorr |
0.95 | VBTX | Veritex Holdings | PairCorr |
0.66 | TFC-PI | Truist Financial | PairCorr |
0.95 | EGBN | Eagle Bancorp | PairCorr |
0.74 | KEY-PK | KeyCorp Normal Trading | PairCorr |
0.96 | WABC | Westamerica Bancorporation | PairCorr |
0.92 | WAFD | Washington Federal | PairCorr |
0.86 | WASH | Washington Trust Bancorp | PairCorr |
0.91 | EQBK | Equity Bancshares, | PairCorr |
0.75 | WAFDP | Washington Federal | PairCorr |
0.72 | EVBN | Evans Bancorp | PairCorr |
0.81 | WMPN | William Penn Bancorp | PairCorr |
Moving against Lakeland Stock
0.85 | VBFC | Village Bank | PairCorr |
0.68 | TECTP | Tectonic Financial | PairCorr |
0.59 | DB | Deutsche Bank AG Normal Trading | PairCorr |
0.45 | EBTC | Enterprise Bancorp | PairCorr |
0.57 | EFSI | Eagle Financial Services | PairCorr |
0.54 | WSBCP | WesBanco | PairCorr |
0.42 | BANC-PF | Banc of California | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
HBCP | 1.32 | (0.02) | 0.00 | (0.04) | 0.00 | 2.82 | 8.81 | |||
HFWA | 1.17 | 0.01 | 0.00 | (0.01) | 0.00 | 2.72 | 9.15 | |||
FNWB | 1.25 | (0.01) | 0.00 | (0.03) | 0.00 | 2.93 | 9.99 | |||
HTBI | 1.24 | (0.02) | 0.00 | (0.22) | 0.00 | 2.33 | 7.22 | |||
LSBK | 1.65 | 0.29 | 0.11 | 0.46 | 1.71 | 3.62 | 21.68 | |||
HTBK | 1.01 | 0.02 | 0.02 | 0.01 | 1.33 | 2.22 | 6.62 | |||
GABC | 1.02 | (0.16) | 0.00 | (0.23) | 0.00 | 2.13 | 7.53 | |||
MBWM | 1.48 | 0.02 | 0.01 | (0.01) | 1.96 | 2.96 | 10.79 | |||
FNWD | 0.94 | (0.20) | 0.00 | (0.64) | 0.00 | 1.47 | 8.51 |
Lakeland Financial Corporate Management
Kristin Pruitt | Executive VP, Secretary and Executive VP of Lake City Bank | Profile | |
Donald RobinsonGay | Senior Officer | Profile | |
Jennifer Hurford | Senior Treasurer | Profile | |
Stephanie Leniski | Executive Officer | Profile | |
JD CTFA | Senior Officer | Profile | |
Michael Gavin | Executive Officer | Profile |