Origin Bancorp, Correlations

OBK Stock

33.41 0.02 0.06%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Origin Bancorp, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Origin Bancorp, moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Origin Bancorp, Correlation With Market

Significant diversification

The correlation between Origin Bancorp, and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Origin Bancorp, and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Origin Bancorp,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

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

Moving together with Origin Stock

0.9	AX	Axos Financial	Pair Corr
0.92	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.89	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.82	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.62	VBNK	VersaBank Normal Trading	Pair Corr
0.9	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.8	EBTC	Enterprise Bancorp	Pair Corr
0.69	ECBK	ECB Bancorp	Pair Corr
0.92	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.86	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.9	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.66	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.79	BANC-PF	Banc of California	Pair Corr
0.87	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.86	ESSA	ESSA Bancorp	Pair Corr
0.92	EVBN	Evans Bancorp	Pair Corr
0.74	WSBCP	WesBanco	Pair Corr
0.65	WMPN	William Penn Bancorp	Pair Corr
0.82	WNEB	Western New England Fiscal Year End 28th of January 2025	Pair Corr

Moving against Origin Stock

0.48	CFG-PE	Citizens Financial Normal Trading	Pair Corr
0.41	TFC-PR	Truist Financial Normal Trading	Pair Corr
0.39	TFC-PO	Truist Financial Normal Trading	Pair Corr
0.31	WF	Woori Financial Group	Pair Corr
0.56	WAFDP	Washington Federal Earnings Call This Week	Pair Corr
0.53	FRCCL	First Republic Bank	Pair Corr

Related Correlations Analysis

	DKDRF	EGDFF	WHTGF	SSVRF	AKTAF	RIG	VTDRF	DTI
DKDRF		0.0	0.0	-0.93	-0.29	-0.5	-0.59	-0.46	DKDRF
EGDFF	0.0		0.0	0.0	0.0	0.0	0.0	0.0	EGDFF
WHTGF	0.0	0.0		0.0	0.0	0.0	0.0	0.0	WHTGF
SSVRF	-0.93	0.0	0.0		0.26	0.43	0.6	0.36	SSVRF
AKTAF	-0.29	0.0	0.0	0.26		0.62	0.44	0.41	AKTAF
RIG	-0.5	0.0	0.0	0.43	0.62		0.47	0.63	RIG
VTDRF	-0.59	0.0	0.0	0.6	0.44	0.47		0.34	VTDRF
DTI	-0.46	0.0	0.0	0.36	0.41	0.63	0.34		DTI
	DKDRF	EGDFF	WHTGF	SSVRF	AKTAF	RIG	VTDRF	DTI

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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

DTI	+ 0.63	RIG
RIG	+ 0.62	AKTAF
VTDRF	+ 0.6	SSVRF
VTDRF	+ 0.47	RIG
VTDRF	+ 0.44	AKTAF
RIG	+ 0.43	SSVRF

High negative correlations

SSVRF	- 0.93	DKDRF
VTDRF	- 0.59	DKDRF
RIG	- 0.5	DKDRF
DTI	- 0.46	DKDRF
AKTAF	- 0.29	DKDRF
DTI	- 0.0	WHTGF

Risk-Adjusted Indicators

There is a big difference between Origin Stock performing well and Origin Bancorp, 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 Origin Bancorp,'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
DKDRF	1.09	0.39	0.14	(11.07)	0.67	(4.40)	3.29	(1.01)	22.23
EGDFF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
WHTGF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SSVRF	3.64	(0.58)	0.00	0.76	0.00	0.00	6.67	(7.69)	16.78
AKTAF	1.12	(0.04)	0.00	(0.10)	0.00	0.00	2.70	(2.56)	8.77
RIG	2.30	(0.13)	0.00	(0.37)	0.00	0.00	5.19	(4.67)	14.43
VTDRF	0.36	(0.19)	0.00	0.98	0.00	0.00	0.00	0.00	9.48
DTI	2.07	(0.06)	0.00	(0.41)	0.00	0.00	4.26	(4.05)	18.51

Origin Bancorp, Corporate Management

Preston III	Chief Officer	Profile
Susan Ascoy	Senior Officer	Profile
Derek McGee	Senior Counsel	Profile
Chris Reigelman	Investor Relations	Profile
Debbie Williamson	Chief Officer	Profile
Ashlea Price	Executive Officer	Profile

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