BankFinancial Correlations

BFIN Stock

USD 13.06 0.01 0.08%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BankFinancial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankFinancial moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

BankFinancial Correlation With Market

Weak diversification

The correlation between BankFinancial and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BankFinancial 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 BankFinancial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in BankFinancial Stock, please use our How to Invest in BankFinancial guide.

Moving together with BankFinancial Stock

0.66	TFC-PI	Truist Financial	Pair Corr
0.7	TFC-PO	Truist Financial	Pair Corr
0.73	EBTC	Enterprise Bancorp	Pair Corr
0.69	CFG-PE	Citizens Financial	Pair Corr
0.65	CFG-PH	Citizens Financial Group,	Pair Corr
0.71	EFSC	Enterprise Financial	Pair Corr
0.61	KEY-PJ	KeyCorp	Pair Corr
0.76	BANC-PF	Banc of California	Pair Corr
0.7	ESSA	ESSA Bancorp	Pair Corr
0.63	WSBCP	WesBanco	Pair Corr
0.66	WNEB	Western New England	Pair Corr

Moving against BankFinancial Stock

0.41

EFSI

Eagle Financial Services

Pair Corr

Related Correlations Analysis

	FBIZ	OFED	OPOF	CULL	PKBK	CWBC	HBCP	CBFV	CIVB	HFBL
FBIZ		0.0	0.28	0.0	0.05	0.22	0.79	0.57	0.46	0.47	FBIZ
OFED	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	OFED
OPOF	0.28	0.0		0.0	-0.63	-0.48	-0.29	-0.36	-0.51	0.45	OPOF
CULL	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	CULL
PKBK	0.05	0.0	-0.63	0.0		0.94	0.48	0.65	0.83	-0.37	PKBK
CWBC	0.22	0.0	-0.48	0.0	0.94		0.59	0.77	0.87	-0.3	CWBC
HBCP	0.79	0.0	-0.29	0.0	0.48	0.59		0.84	0.81	0.16	HBCP
CBFV	0.57	0.0	-0.36	0.0	0.65	0.77	0.84		0.83	-0.18	CBFV
CIVB	0.46	0.0	-0.51	0.0	0.83	0.87	0.81	0.83		-0.15	CIVB
HFBL	0.47	0.0	0.45	0.0	-0.37	-0.3	0.16	-0.18	-0.15		HFBL
	FBIZ	OFED	OPOF	CULL	PKBK	CWBC	HBCP	CBFV	CIVB	HFBL

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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

CWBC	+ 0.94	PKBK
CIVB	+ 0.87	CWBC
CBFV	+ 0.84	HBCP
CIVB	+ 0.83	PKBK
CIVB	+ 0.83	CBFV
CIVB	+ 0.81	HBCP

High negative correlations

PKBK	- 0.63	OPOF
CIVB	- 0.51	OPOF
CWBC	- 0.48	OPOF
HFBL	- 0.37	PKBK
CBFV	- 0.36	OPOF
HFBL	- 0.3	CWBC

Risk-Adjusted Indicators

There is a big difference between BankFinancial Stock performing well and BankFinancial 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 BankFinancial'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
FBIZ	1.51	0.04	0.00	(0.03)	0.00	0.00	2.86	(3.19)	8.96
OFED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
OPOF	1.14	0.37	0.25	2.67	1.20	(1.34)	3.51	(1.51)	10.73
CULL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PKBK	1.16	(0.22)	0.00	(0.42)	0.00	0.00	1.90	(2.62)	5.78
CWBC	0.98	(0.19)	0.00	(0.32)	0.00	0.00	2.28	(2.17)	6.01
HBCP	1.33	(0.04)	0.00	(0.11)	0.00	0.00	2.82	(3.06)	8.36
CBFV	1.16	(0.08)	0.00	(0.18)	0.00	0.00	1.90	(3.05)	7.71
CIVB	1.46	(0.11)	0.00	(0.21)	0.00	0.00	2.63	(3.88)	8.37
HFBL	1.51	0.07	0.04	0.19	2.13	(1.98)	5.67	(4.53)	13.32

BankFinancial Corporate Management

Gregg Adams	Executive VP of Marketing and Sales Division of Bankfinancial FSB	Profile
James Brennan	Executive VP of Corporate Affairs Division, General Counsel, Corporate Secretary, Executive VP of Corporate Affairs Division - BankFinancial FSB, General Counsel of BankFinancial FSB and Corporate Secretary of BankFinancial FSB	Profile
Marci Slagle	NA BankFinancial	Profile
Donald Stelter	Executive FSB	Profile
Mark Collins	Chief Officer	Profile
Katie Multon	Marketing Manager	Profile

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