Guaranty Bancshares, Correlations

GNTY Stock

USD 36.63 0.10 0.27%

The current 90-days correlation between Guaranty Bancshares, and First Community is 0.45 (i.e., Very weak diversification). The correlation of Guaranty 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Guaranty Bancshares, Correlation With Market

Poor diversification

The correlation between Guaranty Bancshares, and DJI is 0.6 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Guaranty Bancshares, and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guaranty Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Guaranty Stock please use our How to Invest in Guaranty Bancshares, guide.

Moving together with Guaranty Stock

0.9	AX	Axos Financial	Pair Corr
0.89	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.9	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.85	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.7	VABK	Virginia National	Pair Corr
0.71	VBNK	VersaBank	Pair Corr
0.86	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.67	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.76	EBTC	Enterprise Bancorp	Pair Corr
0.9	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.76	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.83	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.73	WAFD	Washington Federal	Pair Corr
0.71	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.87	BANC-PF	Banc of California	Pair Corr
0.88	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.76	ESSA	ESSA Bancorp	Pair Corr
0.91	EVBN	Evans Bancorp	Pair Corr
0.7	WSBCP	WesBanco	Pair Corr
0.63	WMPN	William Penn Bancorp	Pair Corr
0.79	WNEB	Western New England Fiscal Year End 28th of January 2025	Pair Corr

Moving against Guaranty Stock

0.63	CFG-PE	Citizens Financial	Pair Corr
0.56	TFC-PR	Truist Financial	Pair Corr
0.54	TFC-PO	Truist Financial	Pair Corr
0.39	NU	Nu Holdings	Pair Corr
0.31	WF	Woori Financial Group	Pair Corr
0.74	WAFDP	Washington Federal	Pair Corr

Related Correlations Analysis

	FCCO	CWBC	FFNW	FNWB	HFBL	LNKB	RBKB	LSBK	ORRF	HMNF
FCCO		0.83	-0.36	0.43	0.1	0.95	0.58	0.45	0.88	0.54	FCCO
CWBC	0.83		-0.3	0.63	-0.03	0.84	0.42	0.21	0.72	0.35	CWBC
FFNW	-0.36	-0.3		0.08	-0.05	-0.45	-0.23	-0.3	-0.29	-0.53	FFNW
FNWB	0.43	0.63	0.08		-0.03	0.31	0.3	-0.02	0.29	0.0	FNWB
HFBL	0.1	-0.03	-0.05	-0.03		0.1	0.26	0.17	0.13	0.39	HFBL
LNKB	0.95	0.84	-0.45	0.31	0.1		0.61	0.5	0.86	0.64	LNKB
RBKB	0.58	0.42	-0.23	0.3	0.26	0.61		0.71	0.6	0.47	RBKB
LSBK	0.45	0.21	-0.3	-0.02	0.17	0.5	0.71		0.48	0.41	LSBK
ORRF	0.88	0.72	-0.29	0.29	0.13	0.86	0.6	0.48		0.38	ORRF
HMNF	0.54	0.35	-0.53	0.0	0.39	0.64	0.47	0.41	0.38		HMNF
	FCCO	CWBC	FFNW	FNWB	HFBL	LNKB	RBKB	LSBK	ORRF	HMNF

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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

LNKB	+ 0.95	FCCO
ORRF	+ 0.88	FCCO
ORRF	+ 0.86	LNKB
LNKB	+ 0.84	CWBC
CWBC	+ 0.83	FCCO
ORRF	+ 0.72	CWBC

High negative correlations

HMNF	- 0.53	FFNW
LNKB	- 0.45	FFNW
FFNW	- 0.36	FCCO
LSBK	- 0.3	FFNW
FFNW	- 0.3	CWBC
ORRF	- 0.29	FFNW

Risk-Adjusted Indicators

There is a big difference between Guaranty Stock performing well and Guaranty 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 Guaranty Bancshares,'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
FCCO	1.17	0.23	0.16	0.30	0.96	(1.29)	3.05	(2.20)	10.76
CWBC	1.03	(0.03)	0.00	0.04	1.23	(1.12)	2.53	(2.16)	9.14
FFNW	0.64	(0.08)	0.00	(0.13)	0.00	0.00	1.36	(1.20)	4.32
FNWB	1.55	(0.03)	(0.04)	(0.02)	1.72	(1.82)	3.17	(2.82)	14.21
HFBL	1.55	0.01	(0.01)	0.07	2.36	(2.48)	3.82	(4.31)	17.43
LNKB	1.65	0.24	0.16	0.24	1.31	(2.13)	3.73	(2.16)	10.93
RBKB	1.11	0.24	0.16	(4.00)	0.84	(1.55)	4.15	(1.79)	9.98
LSBK	1.20	0.16	0.04	(0.69)	1.31	(1.80)	3.69	(3.23)	8.64
ORRF	1.05	0.06	0.08	0.10	0.96	(1.23)	2.74	(2.38)	12.95
HMNF	1.88	0.43	0.14	(0.68)	1.85	(2.37)	4.29	(3.19)	13.15

Guaranty Bancshares, Corporate Executives

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

Shalene Jacobson

Executive CFO

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