Popular Correlations

BPOP Stock

USD 115.58 0.73 0.64%

The current 90-days correlation between Popular and First Bancorp is 0.88 (i.e., Very poor diversification). The correlation of Popular 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.

Popular Correlation With Market

Poor diversification

The correlation between Popular and DJI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Popular and DJI in the same portfolio, assuming nothing else is changed.

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Moving together with Popular Stock

0.95	AX	Axos Financial Earnings Call Next Week	Pair Corr
0.85	BY	Byline Bancorp Earnings Call This Week	Pair Corr
0.97	DB	Deutsche Bank AG Earnings Call This Week	Pair Corr
0.93	KB	KB Financial Group Earnings Call Tomorrow	Pair Corr
0.83	NU	Nu Holdings Aggressive Push	Pair Corr
0.85	PB	Prosperity Bancshares Earnings Call This Week	Pair Corr
0.95	RF	Regions Financial Buyout Trend	Pair Corr
0.88	WF	Woori Financial Group Earnings Call This Week	Pair Corr
0.79	VABK	Virginia National	Pair Corr
0.69	VBNK	VersaBank	Pair Corr
0.84	VBTX	Veritex Holdings Normal Trading	Pair Corr
0.85	TECTP	Tectonic Financial	Pair Corr
0.88	TFC-PO	Truist Financial	Pair Corr
0.78	TFC-PR	Truist Financial	Pair Corr
0.84	CFG-PE	Citizens Financial	Pair Corr
0.82	CFG-PH	Citizens Financial Group,	Pair Corr
0.94	EFSC	Enterprise Financial Earnings Call Tomorrow	Pair Corr
0.65	KEY-PI	KeyCorp Earnings Call This Week	Pair Corr
0.73	KEY-PJ	KeyCorp Earnings Call This Week	Pair Corr
0.79	KEY-PK	KeyCorp Earnings Call This Week	Pair Corr
0.91	KEY-PL	KeyCorp Earnings Call This Week	Pair Corr
0.75	WABC	Westamerica Bancorporation	Pair Corr
0.83	WAFD	Washington Federal	Pair Corr
0.67	WASH	Washington Trust Bancorp Earnings Call Tomorrow	Pair Corr
0.88	BANC-PF	Banc of California Earnings Call Tomorrow	Pair Corr
0.86	EQBK	Equity Bancshares,	Pair Corr
0.84	ESSA	ESSA Bancorp Earnings Call This Week	Pair Corr
0.76	TFINP	Triumph Financial	Pair Corr
0.96	WSBCP	WesBanco Earnings Call This Week	Pair Corr
0.77	WNEB	Western New England Earnings Call This Week	Pair Corr
0.94	WSBC	WesBanco	Pair Corr

Moving against Popular Stock

0.35

WSBK

Winchester Bancorp,

Pair Corr

Related Correlations Analysis

	FBP	OFG	BOKF	CBU	ABCB	CBSH	SNV
FBP		0.97	0.94	0.94	0.98	0.86	0.94	FBP
OFG	0.97		0.91	0.9	0.99	0.85	0.95	OFG
BOKF	0.94	0.91		0.91	0.92	0.84	0.93	BOKF
CBU	0.94	0.9	0.91		0.92	0.9	0.89	CBU
ABCB	0.98	0.99	0.92	0.92		0.84	0.97	ABCB
CBSH	0.86	0.85	0.84	0.9	0.84		0.77	CBSH
SNV	0.94	0.95	0.93	0.89	0.97	0.77		SNV
	FBP	OFG	BOKF	CBU	ABCB	CBSH	SNV

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Risk-Adjusted Indicators

There is a big difference between Popular Stock performing well and Popular 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 Popular'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
FBP	1.16	0.20	0.16	0.32	0.98	(1.35)	3.47	(1.91)	8.41
OFG	1.13	0.27	0.20	0.42	0.92	(1.40)	2.76	(1.57)	8.33
BOKF	1.19	0.14	0.09	0.27	1.22	(1.36)	2.71	(1.85)	7.78
CBU	1.18	0.04	0.04	0.16	1.23	(1.30)	2.94	(2.27)	6.61
ABCB	1.19	0.26	0.22	0.35	0.87	(1.44)	2.79	(1.71)	8.02
CBSH	0.95	0.03	0.02	0.17	1.21	(0.94)	2.31	(2.19)	7.75
SNV	1.45	0.33	0.24	0.35	1.18	(1.70)	3.51	(2.81)	11.09

Popular Corporate Management

Beatriz Armas	Executive Group	Profile
Gilberto Monzon	Executive Rico	Profile
Jorge Garca	Senior Officer	Profile
Eli Sepulveda	Executive Rico	Profile

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