WAL Western Alliance Bancorporation

Last close: 75.55
504-day return: -5.77%
Median $/day: $76.1M
Relationships shown: 16

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

WAL vs KRE

Both indexed to 100 at 2026-05-11.

WAL KRE · range 95–114 · 2026-05-11 → 2026-11-06

Moves with WAL

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

KRE State Street SPDR S&P Regional Banking ETF

ρ +0.85beyond mkt +0.48holdout +0.83stable 100%robust

TFC Truist Financial Corporation

ρ +0.78beyond mkt +0.39holdout +0.76stable 100%robust

RF Regions Financial Corp.

ρ +0.79beyond mkt +0.39holdout +0.79stable 100%robust

EWBC East West Bancorp, Inc. Common Stock

ρ +0.77beyond mkt +0.36holdout +0.73stable 100%robust

VLY Valley National Bancorp Common Stock

ρ +0.78beyond mkt +0.32holdout +0.79stable 100%robust

COLB Columbia Banking System, Inc. Common Stock

ρ +0.78beyond mkt +0.32holdout +0.80stable 100%robust

Moves against WAL

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.41beyond mkt -0.08holdout -0.29stable 100%robust

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.50beyond mkt -0.04holdout -0.41stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.44beyond mkt +0.03holdout -0.32stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.34beyond mkt +0.01holdout -0.07stable 75%moderate

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

HIO Western Asset High Income Opportunity Fund, Inc.

horizon 10dρ +0.42holdout +0.54stable 88%robust

JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF

horizon 10dρ +0.38holdout +0.44stable 75%robust

EVCM EverCommerce Inc. Common Stock

horizon 5dρ +0.34holdout +0.21stable 75%robust

CRMT America's Car-Mart Inc Common Stock

horizon 5dρ +0.33holdout +0.08stable 75%moderate

FORM FormFactor, Inc. FormFactor, Inc. Common Stock

horizon 5dρ +0.31holdout +0.23stable 75%robust

SABR Sabre Corporation Common Stock

horizon 5dρ +0.30holdout +0.22stable 88%robust

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

BWMN Bowman Consulting Group Ltd. Common Stock

Δ -0.58recent -0.20prior +0.38beyond mkt -0.11

MSM MSC Industrial Direct Co., Inc. Class A

Δ -0.53recent -0.09prior +0.44beyond mkt -0.08

MEOH Methanex Corporation Common Stock

Δ -0.53recent -0.39prior +0.14beyond mkt -0.01

AIT Applied Industrial Technologies, Inc.

Δ -0.52recent +0.02prior +0.53beyond mkt -0.10

GRC The Gorman-Rupp Company Common Shares

Δ -0.49recent +0.02prior +0.51beyond mkt -0.15

FNWD Finward Bancorp Common Stock

Δ +0.47recent +0.74prior +0.27beyond mkt +0.04

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
KRE State Street SPDR S&P Regional Banking ETF	+0.48	+0.85	19
TFC Truist Financial Corporation	+0.39	+0.78	19
RF Regions Financial Corp.	+0.39	+0.79	19
EWBC East West Bancorp, Inc. Common Stock	+0.36	+0.77	19