Triumph Financial Correlations
| TFINP Stock | 21.95 0.03 0.14% |
The current 90-days correlation between Triumph Financial and Triumph Financial is -0.19 (i.e., Good diversification). The correlation of Triumph 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Triumph Financial Correlation With Market
Average diversification
The correlation between Triumph Financial and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Triumph Financial and DJI in the same portfolio, assuming nothing else is changed.
Triumph |
Moving together with Triumph Stock
| 0.67 | AX | Axos Financial | PairCorr |
| 0.79 | BY | Byline Bancorp | PairCorr |
| 0.71 | PB | Prosperity Bancshares | PairCorr |
| 0.72 | RF | Regions Financial | PairCorr |
| 0.75 | VBNK | VersaBank | PairCorr |
| 0.68 | VBTX | Veritex Holdings | PairCorr |
| 0.61 | EFSC | Enterprise Financial | PairCorr |
| 0.75 | EGBN | Eagle Bancorp | PairCorr |
| 0.71 | EQBK | Equity Bancshares, | PairCorr |
| 0.73 | EVBN | Evans Bancorp | PairCorr |
| 0.77 | WMPN | William Penn Bancorp | PairCorr |
Moving against Triumph Stock
| 0.62 | VBFC | Village Bank | PairCorr |
| 0.59 | DB | Deutsche Bank AG | PairCorr |
| 0.42 | TECTP | Tectonic Financial | PairCorr |
| 0.37 | EBMT | Eagle Bancorp Montana | PairCorr |
| 0.36 | ECBK | ECB Bancorp | PairCorr |
| 0.36 | KEY-PI | KeyCorp | PairCorr |
Related Correlations Analysis
| -0.89 | -0.14 | -0.79 | 0.0 | TFIN | ||
| -0.89 | 0.1 | 0.79 | 0.0 | WTFCP | ||
| -0.14 | 0.1 | 0.16 | 0.0 | FRMEP | ||
| -0.79 | 0.79 | 0.16 | 0.0 | PNFPP | ||
| 0.0 | 0.0 | 0.0 | 0.0 | UCBIO | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Triumph Stock performing well and Triumph 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 Triumph 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TFIN | 1.67 | (0.64) | 0.00 | 13.95 | 0.00 | 2.16 | 19.22 | |||
| WTFCP | 0.09 | 0.02 | 0.86 | (1.90) | 0.00 | 0.20 | 0.80 | |||
| FRMEP | 0.47 | 0.03 | 0.08 | 0.03 | 0.61 | 1.38 | 6.54 | |||
| PNFPP | 0.52 | 0.03 | 0.12 | 0.27 | 0.63 | 1.01 | 3.81 | |||
| UCBIO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Triumph Financial Corporate Management
| Adam JD | General VP | Profile | |
| Alan Nykiel | Chief Officer | Profile | |
| Mitchell Lee | Chief Officer | Profile | |
| Erik Bahr | Executive Officer | Profile | |
| Luke Wyse | Senior Relations | Profile | |
| Stephen Grossi | Executive Officer | Profile |