Orrstown Financial Services Inc (ORRF) — Stock Correlations & Overview
Over the past year, ORRF has moved most closely with QABA, PEBO, WSBC. Explore the stocks most correlated and inversely correlated with ORRF below, along with its price, financials, and company profile.
Stocks correlated with ORRF
Correlation of daily returns. Higher positive values move with ORRF; negative values move opposite it. Informational only, not investment advice.
Most correlated with ORRF
| Symbol | Company | Correlation |
|---|---|---|
| QABA | First Trust NASDAQ ABA Community Bank Index Fund | 0.87 |
| PEBO | Peoples Bancorp Inc/OHSTATE COMMERCIAL BANKS | 0.84 |
| WSBC | WesBanco IncNATIONAL COMMERCIAL BANKS | 0.83 |
| BUSE | First Busey Corporation Class A Common StockSTATE COMMERCIAL BANKS | 0.83 |
| EFSC | Enterprise Financial Services CorporationSTATE COMMERCIAL BANKS | 0.83 |
Frequently asked questions about ORRF correlations
- Which stocks are most correlated with ORRF?
- Based on one year of daily returns, the stocks most correlated with Orrstown Financial Services Inc (ORRF) are QABA (0.87), PEBO (0.84) and WSBC (0.83). 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 ORRF?
- Over the past year, the stocks most inversely correlated with Orrstown Financial Services Inc (ORRF) are SKRE (-0.83), SDD (-0.53) and SBB (-0.52). 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 ORRF correlations calculated?
- We compute the correlation of daily returns between ORRF 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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