Esquire Financial Holdings, Inc. Common Stock (ESQ) — Stock Correlations & Overview

Over the past year, ESQ has moved most closely with QABA, NBTB, BUSE. Explore the stocks most correlated and inversely correlated with ESQ below, along with its price, financials, and company profile.

Stocks correlated with ESQ

Correlation of daily returns. Higher positive values move with ESQ; negative values move opposite it. Informational only, not investment advice.

Most correlated with ESQ

SymbolCompanyCorrelation
QABAFirst Trust NASDAQ ABA Community Bank Index Fund0.72
NBTBNBT Bancorp IncNATIONAL COMMERCIAL BANKS0.70
BUSEFirst Busey Corporation Class A Common StockSTATE COMMERCIAL BANKS0.70
KREState Street SPDR S&P Regional Banking ETF0.69
DPSTDirexion Daily Regional Banks Bull 3X ETF0.69

Most inversely correlated with ESQ

SymbolCompanyCorrelation
SKRETuttle Capital Daily 2X Inverse Regional Banks ETF-0.69
FAZDirexion Daily Financial Bear 3x ETF-0.45
SDDProShares UltraShort SmallCap600-0.44
SKFProShares UltraShort Financials-0.44
SEFProShares Short Financials-0.44

Frequently asked questions about ESQ correlations

Which stocks are most correlated with ESQ?
Based on one year of daily returns, the stocks most correlated with Esquire Financial Holdings, Inc. Common Stock (ESQ) are QABA (0.72), NBTB (0.70) and BUSE (0.70). 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 ESQ?
Over the past year, the stocks most inversely correlated with Esquire Financial Holdings, Inc. Common Stock (ESQ) are SKRE (-0.69), FAZ (-0.45) and SDD (-0.44). 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 ESQ correlations calculated?
We compute the correlation of daily returns between ESQ 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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