BayCom Corp Correlations

BCML Stock

USD 27.60 0.23 0.84%

The current 90-days correlation between BayCom Corp and LINKBANCORP is 0.17 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BayCom Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BayCom Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

BayCom Corp Correlation With Market

Very weak diversification

The correlation between BayCom Corp and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BayCom Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BayCom Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy BayCom Stock please use our How to buy in BayCom Stock guide.

Moving together with BayCom Stock

0.83	BY	Byline Bancorp	Pair Corr
0.63	NU	Nu Holdings	Pair Corr
0.75	PB	Prosperity Bancshares	Pair Corr
0.61	RF	Regions Financial	Pair Corr
0.65	VBTX	Veritex Holdings	Pair Corr
0.82	TFC-PI	Truist Financial	Pair Corr
0.68	CFG-PE	Citizens Financial	Pair Corr
0.84	EFSC	Enterprise Financial	Pair Corr
0.66	EGBN	Eagle Bancorp	Pair Corr
0.65	KEY-PJ	KeyCorp	Pair Corr
0.66	KEY-PK	KeyCorp	Pair Corr
0.73	WASH	Washington Trust Bancorp	Pair Corr
0.77	EQBK	Equity Bancshares,	Pair Corr
0.61	ESSA	ESSA Bancorp	Pair Corr
0.76	EVBN	Evans Bancorp	Pair Corr
0.85	WMPN	William Penn Bancorp	Pair Corr
0.75	WNEB	Western New England	Pair Corr

Moving against BayCom Stock

0.52	VBFC	Village Bank	Pair Corr
0.57	EFSI	Eagle Financial Services	Pair Corr

Related Correlations Analysis

	CULL	HFBL	HMNF	LNKB	HVBC	CWBC	FNWB	OFED	FFNW	OVLY
CULL		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	CULL
HFBL	0.0		0.0	-0.21	0.0	-0.59	0.13	0.0	-0.49	-0.54	HFBL
HMNF	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	HMNF
LNKB	0.0	-0.21	0.0		0.0	0.43	-0.04	0.0	0.39	0.59	LNKB
HVBC	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	HVBC
CWBC	0.0	-0.59	0.0	0.43	0.0		0.4	0.0	0.94	0.85	CWBC
FNWB	0.0	0.13	0.0	-0.04	0.0	0.4		0.0	0.45	0.26	FNWB
OFED	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	OFED
FFNW	0.0	-0.49	0.0	0.39	0.0	0.94	0.45	0.0		0.86	FFNW
OVLY	0.0	-0.54	0.0	0.59	0.0	0.85	0.26	0.0	0.86		OVLY
	CULL	HFBL	HMNF	LNKB	HVBC	CWBC	FNWB	OFED	FFNW	OVLY

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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

FFNW	+ 0.94	CWBC
OVLY	+ 0.86	FFNW
OVLY	+ 0.85	CWBC
OVLY	+ 0.59	LNKB
FFNW	+ 0.45	FNWB
CWBC	+ 0.43	LNKB

High negative correlations

CWBC	- 0.59	HFBL
OVLY	- 0.54	HFBL
FFNW	- 0.49	HFBL
LNKB	- 0.21	HFBL
FNWB	- 0.04	LNKB
OVLY	- 0.0	OFED

Risk-Adjusted Indicators

There is a big difference between BayCom Stock performing well and BayCom Corp 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 BayCom Corp's 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
CULL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HFBL	1.54	0.16	0.06	(0.88)	1.87	(2.20)	6.19	(4.53)	13.83
HMNF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LNKB	1.44	0.08	0.05	0.83	1.67	(1.58)	3.47	(2.93)	8.50
HVBC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWBC	0.99	(0.13)	0.00	(0.15)	0.00	0.00	2.45	(2.17)	6.94
FNWB	1.33	0.05	0.03	0.06	1.47	(1.69)	3.00	(2.76)	9.99
OFED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FFNW	0.69	(0.07)	0.00	(0.18)	0.00	0.00	1.08	(1.69)	4.22
OVLY	1.52	(0.09)	0.00	(0.15)	0.00	0.00	3.76	(2.65)	12.78

BayCom Corp Corporate Executives

Elected by the shareholders, the BayCom Corp's board of directors comprises two types of representatives: BayCom Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BayCom. The board's role is to monitor BayCom Corp's management team and ensure that shareholders' interests are well served. BayCom Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BayCom Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.

Keary CPA

CFO, EVP

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