John Marshall Correlations

JMSB Stock

USD 17.20 0.16 0.94%

The correlation of John Marshall 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.

John Marshall Correlation With Market

Very weak diversification

The correlation between John Marshall Bancorp 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 John Marshall Bancorp 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 John Marshall Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with John Stock

0.89	AX	Axos Financial	Pair Corr
0.76	BY	Byline Bancorp	Pair Corr
0.71	RF	Regions Financial	Pair Corr
0.7	VABK	Virginia National	Pair Corr
0.82	VBNK	VersaBank	Pair Corr
0.89	VBTX	Veritex Holdings	Pair Corr
0.92	EGBN	Eagle Bancorp	Pair Corr
0.89	WAFD	Washington Federal	Pair Corr
0.68	EQBK	Equity Bancshares,	Pair Corr
0.82	WAFDP	Washington Federal	Pair Corr
0.64	TFINP	Triumph Financial	Pair Corr
0.84	EVBN	Evans Bancorp	Pair Corr
0.68	WMPN	William Penn Bancorp	Pair Corr

Moving against John Stock

0.86	DB	Deutsche Bank AG	Pair Corr
0.84	VBFC	Village Bank	Pair Corr
0.76	TECTP	Tectonic Financial	Pair Corr
0.49	TFC-PO	Truist Financial	Pair Corr
0.49	EBMT	Eagle Bancorp Montana	Pair Corr
0.44	TFC-PR	Truist Financial	Pair Corr
0.4	WF	Woori Financial Group	Pair Corr
0.72	KEY-PI	KeyCorp	Pair Corr
0.7	WSBCP	WesBanco	Pair Corr
0.6	KEY-PL	KeyCorp	Pair Corr
0.6	BANC-PF	Banc of California	Pair Corr
0.41	CFG-PH	Citizens Financial Group,	Pair Corr
0.39	KEY-PJ	KeyCorp	Pair Corr
0.33	KEY-PK	KeyCorp	Pair Corr

Related Correlations Analysis

	OFED	HMNF	HFBL	CIZN	HVBC	CULL	MGYR	NWYF	COFS	AFBI
OFED		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	OFED
HMNF	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	HMNF
HFBL	0.0	0.0		0.0	0.0	0.0	0.27	0.0	-0.41	-0.39	HFBL
CIZN	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	CIZN
HVBC	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	HVBC
CULL	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	CULL
MGYR	0.0	0.0	0.27	0.0	0.0	0.0		0.0	-0.01	0.07	MGYR
NWYF	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	NWYF
COFS	0.0	0.0	-0.41	0.0	0.0	0.0	-0.01	0.0		0.18	COFS
AFBI	0.0	0.0	-0.39	0.0	0.0	0.0	0.07	0.0	0.18		AFBI
	OFED	HMNF	HFBL	CIZN	HVBC	CULL	MGYR	NWYF	COFS	AFBI

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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

MGYR	+ 0.27	HFBL
AFBI	+ 0.18	COFS
AFBI	+ 0.07	MGYR
HMNF	+ 0.0	OFED
HFBL	+ 0.0	OFED
CIZN	+ 0.0	OFED

High negative correlations

COFS	- 0.41	HFBL
AFBI	- 0.39	HFBL
COFS	- 0.01	MGYR
AFBI	- 0.0	NWYF
COFS	- 0.0	NWYF
NWYF	- 0.0	MGYR

Risk-Adjusted Indicators

There is a big difference between John Stock performing well and John Marshall 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 John Marshall'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
OFED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HMNF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HFBL	1.61	0.16	0.07	0.48	2.06	(2.10)	5.67	(4.53)	13.32
CIZN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HVBC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CULL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MGYR	1.10	0.03	0.04	0.00	1.45	(1.35)	2.98	(2.68)	6.74
NWYF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
COFS	1.05	(0.31)	0.00	(0.48)	0.00	0.00	1.56	(2.81)	8.87
AFBI	1.15	(0.11)	0.00	(0.39)	0.00	0.00	2.53	(2.02)	22.46

John Marshall Corporate Management

Sonia Johnston	Regional Region	Profile
Edward Harrington	Regional MDDC	Profile
Linda Fourney	Ex Director	Profile
Melanie Williams	Senior Resources	Profile
Peter Nadanyi	Senior Lead	Profile

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