Broadway Financial Correlations
| BYFC Stock | USD 6.02 0.14 2.27% |
The current 90-days correlation between Broadway Financial and Orion Office Reit is 0.14 (i.e., Average diversification). The correlation of Broadway 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.
Broadway Financial Correlation With Market
Modest diversification
The correlation between Broadway Financial and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Broadway Financial and DJI in the same portfolio, assuming nothing else is changed.
Moving against Broadway Stock
| 0.45 | PNGM | Er Therapeutics | PairCorr |
| 0.45 | MCD | McDonalds | PairCorr |
| 0.43 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.31 | MRK | Merck Company Aggressive Push | PairCorr |
Related Correlations Analysis
| 0.5 | -0.46 | 0.0 | 0.66 | -0.28 | LKNCY | ||
| 0.5 | -0.66 | 0.0 | 0.65 | -0.71 | BRKFF | ||
| -0.46 | -0.66 | 0.0 | -0.46 | 0.52 | TFSVF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ERFB | ||
| 0.66 | 0.65 | -0.46 | 0.0 | -0.17 | DRETF | ||
| -0.28 | -0.71 | 0.52 | 0.0 | -0.17 | ONL | ||
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 Broadway Stock performing well and Broadway 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 Broadway 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LKNCY | 1.92 | (0.02) | (0.01) | (0.01) | 2.55 | 3.57 | 13.64 | |||
| BRKFF | 0.06 | 0.02 | 0.00 | (0.41) | 0.00 | 0.00 | 2.06 | |||
| TFSVF | 1.53 | (0.42) | 0.00 | 1.54 | 0.00 | 0.00 | 25.00 | |||
| ERFB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DRETF | 0.61 | 0.09 | 0.00 | 0.22 | 0.00 | 1.25 | 18.47 | |||
| ONL | 1.70 | (0.34) | 0.00 | (0.69) | 0.00 | 3.51 | 11.16 |
Broadway Financial Corporate Management
| Ruth McCloud | Chief Retail Banking Officer, Sr. VP, Chief Retail Banking Officer of Broadway Federal Bank, F.S.B. and Sr. VP of Broadway Federal Bank, F.S.B. | Profile | |
| Elizabeth Sur | General VP | Profile | |
| LaShanya Washington | Executive Officer | Profile | |
| John Allen | Executive Officer | Profile | |
| Mildred Cayton | First Controller | Profile | |
| Cynthia Newell | Senior Officer | Profile |