EFSC vs MVBF: Correlation
How closely do Enterprise Financial Services Corporation (EFSC) and MVB Financial Corp. (MVBF) trade together? Their weekly returns over three years give a correlation of 0.74, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EFSC and MVBF?
Across a 3-year window, the weekly returns of EFSC and MVBF correlate at 0.74, strong. The past 12 months show a weaker link (0.61) than the 3-year average (0.74). Stretching to 5 years gives 0.63, with an annualized covariance of 645.5 %².
Within EFSC's tracked universe of 23 assets, MVBF comes in at #13 by 3-year correlation. The last year tells two different stories: MVBF led by 24.2 percentage points, +5.3% for EFSC against +29.5% for MVBF.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
EFSC vs MVBF: side by side
| EFSC (Enterprise Financial Services Corporation) | MVBF (MVB Financial Corp.) | |
|---|---|---|
| 1-year return | +5.3% | +29.5% |
| 5-year return | +59.0% | -11.2% |
| Volatility (ann.) | 26.9% | 32.7% |
| Beta vs S&P 500 | 0.66 | 0.78 |
| Max drawdown (3Y) | -25.0% | -35.3% |
| Market cap | $2.3B | $0.4B |
| P/E (trailing) | 12.6 | 10.1 |
| Dividend yield | 2.05% | 2.27% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EFSC | MVBF |
|---|---|---|
| 2022 | +6.0% | -45.8% |
| 2023 | -6.6% | +5.7% |
| 2024 | +29.3% | -5.1% |
| 2025 | -2.1% | +28.7% |
| 2026 | +18.9% | +18.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EFSC and MVBF good diversifiers for each other?
Only partially. A correlation of 0.74 means EFSC and MVBF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between EFSC and MVBF?
The EFSC/MVBF correlation stands at 0.74 on a 3-year window (1 year: 0.61, 5 years: 0.63), computed from weekly returns as of 2026-08-27.
Is MVBF a good diversifier for EFSC?
Only partially. A correlation of 0.74 means EFSC and MVBF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.74 mean?
On the −1 to +1 scale, 0.74 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/efsc-vs-mvbf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/efsc-vs-mvbf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EFSC correlations · MVBF correlations
