Capitol Federal Correlations

CFFN Stock

USD 5.90 0.01 0.17%

The current 90-days correlation between Capitol Federal Financial and Business First Bancshares is 0.64 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Capitol Federal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capitol Federal Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Capitol Federal Correlation With Market

Weak diversification

The correlation between Capitol Federal Financial and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capitol Federal Financial 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 Capitol Federal Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Capitol Stock

0.88	AX	Axos Financial	Pair Corr
0.94	BY	Byline Bancorp	Pair Corr
0.73	PB	Prosperity Bancshares	Pair Corr
0.82	RF	Regions Financial	Pair Corr
0.9	VABK	Virginia National	Pair Corr
0.88	VBNK	VersaBank Earnings Call This Week	Pair Corr
0.88	VBTX	Veritex Holdings	Pair Corr
0.73	TFC-PI	Truist Financial	Pair Corr
0.67	EBMT	Eagle Bancorp Montana	Pair Corr
0.63	ECBK	ECB Bancorp	Pair Corr
0.87	EGBN	Eagle Bancorp	Pair Corr
0.76	KEY-PJ	KeyCorp Normal Trading	Pair Corr
0.82	KEY-PK	KeyCorp Normal Trading	Pair Corr
0.85	WABC	Westamerica Bancorporation	Pair Corr
0.84	WAFD	Washington Federal	Pair Corr
0.87	WASH	Washington Trust Bancorp	Pair Corr
0.91	EQBK	Equity Bancshares,	Pair Corr
0.66	EVBN	Evans Bancorp	Pair Corr
0.84	WMPN	William Penn Bancorp	Pair Corr

Moving against Capitol Stock

0.77	VBFC	Village Bank	Pair Corr
0.44	DB	Deutsche Bank AG Normal Trading	Pair Corr
0.41	TECTP	Tectonic Financial	Pair Corr
0.33	EBTC	Enterprise Bancorp	Pair Corr
0.86	EFSI	Eagle Financial Services	Pair Corr
0.37	WSBCP	WesBanco	Pair Corr

Related Correlations Analysis

	INDB	BFIN	BFST	FBNC	NFBK	HFWA	HTBK	NBHC	BWFG	CBAN
INDB		0.69	0.94	0.72	0.87	0.87	0.88	0.75	0.88	0.9	INDB
BFIN	0.69		0.79	0.46	0.48	0.65	0.67	0.35	0.68	0.84	BFIN
BFST	0.94	0.79		0.74	0.82	0.88	0.84	0.69	0.88	0.95	BFST
FBNC	0.72	0.46	0.74		0.89	0.88	0.43	0.91	0.81	0.59	FBNC
NFBK	0.87	0.48	0.82	0.89		0.87	0.7	0.94	0.88	0.73	NFBK
HFWA	0.87	0.65	0.88	0.88	0.87		0.63	0.83	0.86	0.77	HFWA
HTBK	0.88	0.67	0.84	0.43	0.7	0.63		0.52	0.78	0.9	HTBK
NBHC	0.75	0.35	0.69	0.91	0.94	0.83	0.52		0.77	0.55	NBHC
BWFG	0.88	0.68	0.88	0.81	0.88	0.86	0.78	0.77		0.85	BWFG
CBAN	0.9	0.84	0.95	0.59	0.73	0.77	0.9	0.55	0.85		CBAN
	INDB	BFIN	BFST	FBNC	NFBK	HFWA	HTBK	NBHC	BWFG	CBAN

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Risk-Adjusted Indicators

There is a big difference between Capitol Stock performing well and Capitol Federal 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 Capitol Federal'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
INDB	1.26	(0.03)	0.00	(0.03)	0.00	0.00	2.55	(2.32)	7.93
BFIN	1.45	0.07	0.04	0.10	1.77	(1.58)	2.96	(2.71)	8.46
BFST	1.36	(0.07)	0.00	(0.07)	0.00	0.00	2.00	(2.82)	11.91
FBNC	1.33	(0.13)	0.00	(0.14)	0.00	0.00	3.06	(3.14)	11.12
NFBK	1.48	(0.16)	0.00	(0.14)	0.00	0.00	2.66	(2.76)	10.13
HFWA	1.14	(0.04)	0.00	(0.05)	0.00	0.00	2.72	(3.05)	9.15
HTBK	1.02	0.02	0.02	0.02	1.32	(1.19)	2.22	(2.33)	6.62
NBHC	1.04	(0.17)	0.00	(0.23)	0.00	0.00	1.80	(2.85)	7.65
BWFG	1.49	(0.01)	0.00	(0.01)	0.00	0.00	3.94	(2.86)	9.98
CBAN	1.16	0.01	0.01	0.00	1.61	(1.25)	2.59	(2.01)	10.22

Capitol Federal Corporate Executives

Elected by the shareholders, the Capitol Federal's board of directors comprises two types of representatives: Capitol Federal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Capitol. The board's role is to monitor Capitol Federal's management team and ensure that shareholders' interests are well served. Capitol Federal'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, Capitol Federal's outside directors are responsible for providing unbiased perspectives on the board's policies.

Kent Townsend

CFO, Executive VP, Treasurer, CFO of Capitol Federal Savings Bank, Executive VP of Capitol Federal Savings Bank and Treasurer of Capitol Federal Savings Bank

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