Affinity Bancshares Correlations
| AFBI Stock | USD 18.07 0.30 1.69% |
The correlation of Affinity Bancshares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Affinity Bancshares Correlation With Market
Average diversification
The correlation between Affinity Bancshares and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Affinity Bancshares and DJI in the same portfolio, assuming nothing else is changed.
Affinity |
Moving together with Affinity Stock
Moving against Affinity Stock
| 0.48 | TFC-PR | Truist Financial | PairCorr |
| 0.41 | NU | Nu Holdings | PairCorr |
| 0.38 | TFC-PO | Truist Financial | PairCorr |
| 0.48 | KEY-PI | KeyCorp | PairCorr |
| 0.34 | WSBCP | WesBanco | PairCorr |
| 0.33 | CFG-PH | Citizens Financial Group, | PairCorr |
| 0.33 | KEY-PL | KeyCorp | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Affinity Stock performing well and Affinity Bancshares Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Affinity Bancshares' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OFED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HMNF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HFBL | 1.61 | 0.16 | 0.07 | 0.48 | 2.06 | 5.67 | 13.32 | |||
| CIZN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HVBC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MGYR | 1.10 | 0.03 | 0.04 | 0.00 | 1.45 | 2.98 | 6.74 | |||
| CULL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CWBC | 0.99 | (0.21) | 0.00 | (0.33) | 0.00 | 2.28 | 6.01 |
Affinity Bancshares Corporate Management
| CPA CPA | CEO Director | Profile | |
| Robert Vickers | Senior Officer | Profile | |
| Nancy Mask | VP Eastside | Profile | |
| Clark Nelson | Executive Officer | Profile | |
| Jacqueline Lyle | Vice Compliance | Profile | |
| Elizabeth Galazka | Executive Lending | Profile |