CF Bankshares Correlations

CFBK Stock

USD 28.12 0.10 0.35%

The current 90-days correlation between CF Bankshares and JPMorgan Chase Co is 0.37 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CF Bankshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CF Bankshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

CF Bankshares Correlation With Market

Very weak diversification

The correlation between CF Bankshares and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CF Bankshares 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 CF Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

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

Moving together with CFBK Stock

0.85	AX	Axos Financial	Pair Corr
0.84	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.64	KB	KB Financial Group	Pair Corr
0.86	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.89	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.61	VABK	Virginia National	Pair Corr
0.67	VBFC	Village Bank	Pair Corr
0.92	VBNK	VersaBank Normal Trading	Pair Corr
0.93	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.83	TECTP	Tectonic Financial	Pair Corr
0.86	EBMT	Eagle Bancorp Montana Normal Trading	Pair Corr
0.88	EBTC	Enterprise Bancorp	Pair Corr
0.73	ECBK	ECB Bancorp	Pair Corr
0.63	CFG-PH	Citizens Financial Group,	Pair Corr
0.89	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.95	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.67	KEY-PJ	KeyCorp	Pair Corr
0.69	KEY-PK	KeyCorp	Pair Corr
0.73	KEY-PL	KeyCorp	Pair Corr
0.89	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.94	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.61	BANC-PF	Banc of California	Pair Corr
0.91	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.81	ESSA	ESSA Bancorp	Pair Corr
0.85	EVBN	Evans Bancorp	Pair Corr
0.82	WSBCP	WesBanco	Pair Corr

Moving against CFBK Stock

0.66	TFC-PO	Truist Financial	Pair Corr
0.66	CFG-PE	Citizens Financial	Pair Corr
0.64	TFC-PR	Truist Financial	Pair Corr
0.47	WF	Woori Financial Group	Pair Corr
0.49	WBBW	Westbury Bancorp	Pair Corr
0.49	FRCIL	First Republic Bank	Pair Corr
0.42	FRCCL	First Republic Bank	Pair Corr
0.42	FRCHL	First Republic Bank	Pair Corr

Related Correlations Analysis

	JPM	C	WFC	TD	BAC	RY	HSBC	UBS	BCS
JPM		0.93	0.98	-0.78	0.98	0.47	0.68	0.62	0.9	JPM
C	0.93		0.94	-0.63	0.95	0.47	0.78	0.7	0.9	C
WFC	0.98	0.94		-0.8	0.99	0.55	0.73	0.68	0.93	WFC
TD	-0.78	-0.63	-0.8		-0.74	-0.41	-0.47	-0.61	-0.72	TD
BAC	0.98	0.95	0.99	-0.74		0.56	0.71	0.64	0.92	BAC
RY	0.47	0.47	0.55	-0.41	0.56		0.43	0.55	0.61	RY
HSBC	0.68	0.78	0.73	-0.47	0.71	0.43		0.57	0.76	HSBC
UBS	0.62	0.7	0.68	-0.61	0.64	0.55	0.57		0.79	UBS
BCS	0.9	0.9	0.93	-0.72	0.92	0.61	0.76	0.79		BCS
	JPM	C	WFC	TD	BAC	RY	HSBC	UBS	BCS

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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

BAC	+ 0.99	WFC
WFC	+ 0.98	JPM
BAC	+ 0.98	JPM
BAC	+ 0.95	C
WFC	+ 0.94	C
C	+ 0.93	JPM

High negative correlations

TD	- 0.8	WFC
TD	- 0.78	JPM
BAC	- 0.74	TD
BCS	- 0.72	TD
TD	- 0.63	C
UBS	- 0.61	TD

Risk-Adjusted Indicators

There is a big difference between CFBK Stock performing well and CF Bankshares 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 CF Bankshares' 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
JPM	1.12	(0.04)	0.05	0.11	1.38	(1.23)	2.05	(2.00)	15.87
C	1.42	(0.01)	0.07	0.12	1.47	(1.62)	3.56	(1.97)	10.33
WFC	1.52	0.20	0.19	0.22	1.33	(1.77)	3.60	(2.18)	16.76
TD	0.75	(0.12)	0.00	(0.13)	0.00	0.00	1.54	(1.40)	8.21
BAC	1.07	0.08	0.16	0.18	0.65	(1.34)	2.19	(1.41)	9.84
RY	0.65	0.04	(0.05)	0.22	0.56	(0.75)	1.49	(0.90)	4.09
HSBC	0.96	0.06	(0.01)	0.25	1.38	(0.93)	2.03	(2.34)	6.87
UBS	1.17	(0.10)	(0.04)	0.05	1.59	(1.17)	2.32	(2.65)	7.85
BCS	1.62	0.01	0.04	0.13	1.94	(1.65)	3.35	(3.13)	10.17

CF Bankshares Corporate Management

Barbara Pyke	Corporate Secretary	Profile
Steve Nitzsche	Sr Mang	Profile
David Hand	Senior Mortgage	Profile
Paul Souleyrette	Market Market	Profile
Erica Wymer	Senior Banking	Profile

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