Eagle Financial Services Inc Common Stock (EFSI) — Stock Correlations & Overview
Over the past year, EFSI has moved most closely with QABA, DPST, NBHC. Explore the stocks most correlated and inversely correlated with EFSI below, along with its price, financials, and company profile.
Stocks correlated with EFSI
Correlation of daily returns. Higher positive values move with EFSI; negative values move opposite it. Informational only, not investment advice.
Most correlated with EFSI
| Symbol | Company | Correlation |
|---|---|---|
| QABA | First Trust NASDAQ ABA Community Bank Index Fund | 0.65 |
| DPST | Direxion Daily Regional Banks Bull 3X ETF | 0.63 |
| NBHC | NATIONAL BANK HOLDINGS CORP.NATIONAL COMMERCIAL BANKS | 0.62 |
| PEBO | Peoples Bancorp Inc/OHSTATE COMMERCIAL BANKS | 0.62 |
| SBSI | Southside Bancshares, Inc.STATE COMMERCIAL BANKS | 0.62 |
Most inversely correlated with EFSI
| Symbol | Company | Correlation |
|---|---|---|
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.62 |
| SDD | ProShares UltraShort SmallCap600 | -0.43 |
| SBB | ProShares Short SmallCap600 | -0.41 |
| BNKD | MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.38 |
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.38 |
Frequently asked questions about EFSI correlations
- Which stocks are most correlated with EFSI?
- Based on one year of daily returns, the stocks most correlated with Eagle Financial Services Inc Common Stock (EFSI) are QABA (0.65), DPST (0.63) and NBHC (0.62). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with EFSI?
- Over the past year, the stocks most inversely correlated with Eagle Financial Services Inc Common Stock (EFSI) are SKRE (-0.62), SDD (-0.43) and SBB (-0.41). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these EFSI correlations calculated?
- We compute the correlation of daily returns between EFSI and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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