WesBanco, Inc. Depositary Shares each representing 1/40th interest in a share of 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (WSBCO) — Stock Correlations & Overview
Over the past year, WSBCO has moved most closely with ACGLO, RNW, CFGpH. Explore the stocks most correlated and inversely correlated with WSBCO below, along with its price, financials, and company profile.
Stocks correlated with WSBCO
Correlation of daily returns. Higher positive values move with WSBCO; negative values move opposite it. Informational only, not investment advice.
Most correlated with WSBCO
| Symbol | Company | Correlation |
|---|---|---|
| ACGLO | Arch Capital Group Ltd. Depositary Shares Each Representing 1/1,000th Interest in a Share of 5.45% Non-Cumulative Preferred Shares, Series FFIRE, MARINE & CASUALTY INSURANCE | 0.35 |
| RNW | ReNew Energy Global plc Class A Ordinary Shares | 0.34 |
| CFGpH | Citizens Financial Group, Inc. Depositary Shares Each Representing a 1/40th Interest in a Share of 7.375% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series HSTATE COMMERCIAL BANKS | 0.33 |
| PSApF | Public Storage Depositary Shares Each Representing 1/1,000 of a 5.15% Cumulative Preferred Share of Beneficial Interest, Series F, par value $0.01 per shareREAL ESTATE INVESTMENT TRUSTS | 0.33 |
| WAFDP | WaFd, Inc. Depositary SharesNATIONAL COMMERCIAL BANKS | 0.32 |
Most inversely correlated with WSBCO
| Symbol | Company | Correlation |
|---|---|---|
| MASK | 3 E Network Technology Group Ltd Class A Ordinary Shares | -0.25 |
| SKK | SKK Holdings Limited Class A Ordinary Shares | -0.23 |
| SHPH | Shuttle Pharmaceuticals Holdings, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.23 |
| CVKD | Cadrenal Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.22 |
| SPTU | State Street SPDR Portfolio Ultra Short T-Bill ETF | -0.21 |
Frequently asked questions about WSBCO correlations
- Which stocks are most correlated with WSBCO?
- Based on one year of daily returns, the stocks most correlated with WesBanco, Inc. Depositary Shares each representing 1/40th interest in a share of 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (WSBCO) are ACGLO (0.35), RNW (0.34) and CFGpH (0.33). 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 WSBCO?
- Over the past year, the stocks most inversely correlated with WesBanco, Inc. Depositary Shares each representing 1/40th interest in a share of 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (WSBCO) are MASK (-0.25), SKK (-0.23) and SHPH (-0.23). 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 WSBCO correlations calculated?
- We compute the correlation of daily returns between WSBCO 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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