Bank Ozk Correlations

OZK Stock

USD 44.19 0.07 0.16%

The current 90-days correlation between Bank Ozk and International Bancshares is 0.65 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Ozk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Ozk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Bank Ozk Correlation With Market

Very weak diversification

The correlation between Bank Ozk and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bank Ozk and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Bank Ozk. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

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

Moving together with Bank Stock

0.85	NU	Nu Holdings Aggressive Push	Pair Corr
0.72	PB	Prosperity Bancshares	Pair Corr
0.68	TFC-PO	Truist Financial	Pair Corr
0.67	TFC-PR	Truist Financial	Pair Corr
0.85	EBTC	Enterprise Bancorp	Pair Corr
0.69	CFG-PE	Citizens Financial	Pair Corr
0.73	CFG-PH	Citizens Financial Group,	Pair Corr
0.83	EFSC	Enterprise Financial	Pair Corr
0.61	WASH	Washington Trust Bancorp	Pair Corr
0.93	ESSA	ESSA Bancorp	Pair Corr
0.61	EWBC	East West Bancorp	Pair Corr
0.64	WMPN	William Penn Bancorp	Pair Corr

Moving against Bank Stock

0.42

ECBK

ECB Bancorp

Pair Corr

Related Correlations Analysis

	IBOC	HTH	FBK	RRBI	NBHC	RF	PNFP	CADE	HWC
IBOC		0.46	0.82	0.72	0.8	0.82	0.69	0.71	0.72	IBOC
HTH	0.46		0.08	0.78	0.06	0.04	0.06	-0.13	0.21	HTH
FBK	0.82	0.08		0.57	0.95	0.96	0.86	0.96	0.79	FBK
RRBI	0.72	0.78	0.57		0.53	0.49	0.44	0.38	0.46	RRBI
NBHC	0.8	0.06	0.95	0.53		0.91	0.71	0.93	0.65	NBHC
RF	0.82	0.04	0.96	0.49	0.91		0.91	0.95	0.86	RF
PNFP	0.69	0.06	0.86	0.44	0.71	0.91		0.87	0.96	PNFP
CADE	0.71	-0.13	0.96	0.38	0.93	0.95	0.87		0.78	CADE
HWC	0.72	0.21	0.79	0.46	0.65	0.86	0.96	0.78		HWC
	IBOC	HTH	FBK	RRBI	NBHC	RF	PNFP	CADE	HWC

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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

RF	+ 0.96	FBK
CADE	+ 0.96	FBK
HWC	+ 0.96	PNFP
NBHC	+ 0.95	FBK
CADE	+ 0.95	RF
CADE	+ 0.93	NBHC

High negative correlations

CADE

- 0.13

HTH

Risk-Adjusted Indicators

There is a big difference between Bank Stock performing well and Bank Ozk 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 Bank Ozk'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
IBOC	1.22	(0.08)	(0.18)	2.32	(2.66)	6.66
HTH	1.20	0.04	(0.05)	2.57	(2.72)	7.43
FBK	1.33	(0.15)	(0.22)	2.16	(3.19)	8.42
RRBI	1.28	(0.03)	(0.12)	2.69	(2.52)	7.61
NBHC	1.11	(0.15)	(0.25)	1.77	(3.03)	6.80
RF	1.19	(0.15)	(0.23)	2.41	(2.81)	6.28
PNFP	1.40	(0.11)	(0.17)	1.68	(3.44)	11.12
CADE	1.38	(0.17)	(0.24)	2.25	(4.19)	8.49
HWC	1.28	(0.06)	(0.13)	2.78	(2.59)	8.61

Bank Ozk Corporate Management

George II	Chairman CEO	Profile
Tim CPA	Chief Officer	Profile
Scott Trapani	Chief Officer	Profile
Paschall Hamblen	President	Profile
Candace Graham	Exec Communication	Profile
Alan Jessup	Chief Officer	Profile

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