Stifel Financial Correlations

SFB Stock

USD 22.75 0.59 2.66%

The current 90-days correlation between Stifel Financial and Reinsurance Group of is 0.41 (i.e., Very weak diversification). The correlation of Stifel Financial 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.

Stifel Financial Correlation With Market

Average diversification

The correlation between Stifel Financial and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Stifel Financial and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stifel 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.

For information on how to trade Stifel Stock refer to our How to Trade Stifel Stock guide.

Moving together with Stifel Stock

0.78	JSM	Navient SR	Pair Corr
0.65	RCC	Small Cap Premium	Pair Corr
0.64	E	Eni SpA ADR	Pair Corr
0.65	AM	Antero Midstream Partners	Pair Corr
0.61	BP	BP PLC ADR	Pair Corr
0.66	EC	Ecopetrol SA ADR	Pair Corr
0.63	NC	NACCO Industries	Pair Corr

Moving against Stifel Stock

0.83	EU	enCore Energy Corp	Pair Corr
0.78	NE	Noble plc	Pair Corr
0.76	HP	Helmerich and Payne	Pair Corr
0.61	DK	Delek Energy	Pair Corr
0.48	EE	Excelerate Energy	Pair Corr
0.47	BHFAL	Brighthouse Financial	Pair Corr
0.35	ET	Energy Transfer LP	Pair Corr
0.32	DINO	HF Sinclair Corp Sell-off Trend	Pair Corr
0.88	DLNG	Dynagas LNG Partners	Pair Corr
0.82	EFXT	Enerflex	Pair Corr
0.77	SM	SM Energy	Pair Corr
0.74	DMLP	Dorchester Minerals	Pair Corr
0.71	VIST	Vista Oil Gas	Pair Corr
0.7	VTLE	Vital Energy	Pair Corr
0.68	EONR	EON Resources Symbol Change	Pair Corr
0.6	VIVK	Vivakor	Pair Corr
0.59	PR	Permian Resources	Pair Corr
0.56	VNOM	Viper Energy Ut	Pair Corr
0.55	TK	Teekay	Pair Corr
0.73	BTU	Peabody Energy Corp	Pair Corr
0.72	WTTR	Select Energy Services	Pair Corr

Related Correlations Analysis

	RZB	SOJC	DTW	GPJA	MGR
RZB		0.24	0.63	0.71	0.09	RZB
SOJC	0.24		0.61	0.48	0.41	SOJC
DTW	0.63	0.61		0.9	0.63	DTW
GPJA	0.71	0.48	0.9		0.66	GPJA
MGR	0.09	0.41	0.63	0.66		MGR
	RZB	SOJC	DTW	GPJA	MGR

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Risk-Adjusted Indicators

There is a big difference between Stifel Stock performing well and Stifel Financial 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 Stifel Financial'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
RZB	0.25	0.01	0.23	0.50	0.30	(0.28)	0.62	(0.49)	1.82
SOJC	0.59	(0.03)	0.00	(0.20)	0.00	0.00	1.34	(1.31)	4.50
DTW	0.75	0.01	0.00	(0.05)	0.00	0.00	2.12	(1.26)	4.55
GPJA	0.73	0.06	0.13	0.09	0.75	(0.85)	1.81	(1.31)	5.00
MGR	0.66	(0.04)	0.00	(0.47)	0.00	0.00	1.41	(1.20)	3.65

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