First Foundation Correlations

FFWM Stock  USD 5.33  0.04  0.76%   
The current 90-days correlation between First Foundation and HomeStreet is 0.27 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Foundation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Foundation moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

First Foundation Correlation With Market

Good diversification

The correlation between First Foundation and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Foundation and DJI in the same portfolio, assuming nothing else is changed.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Foundation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in First Stock, please use our How to Invest in First Foundation guide.

Moving together with First Stock

  0.69AX Axos Financial Earnings Call This WeekPairCorr
  0.72BY Byline Bancorp Earnings Call TodayPairCorr
  0.74PB Prosperity BancsharesPairCorr
  0.63RF Regions Financial Normal TradingPairCorr
  0.71VABK Virginia NationalPairCorr
  0.62TECTP Tectonic FinancialPairCorr
  0.62TFC-PO Truist FinancialPairCorr
  0.65CFG-PE Citizens FinancialPairCorr
  0.65CFG-PH Citizens Financial Group,PairCorr
  0.67EFSC Enterprise FinancialPairCorr
  0.71WABC Westamerica BancorporationPairCorr
  0.84WAFD Washington FederalPairCorr
  0.69WASH Washington Trust BancorpPairCorr
  0.75EQBK Equity Bancshares,PairCorr
  0.67ESSA ESSA BancorpPairCorr
  0.67EWBC East West BancorpPairCorr
  0.67WSBCP WesBancoPairCorr
  0.61WNEB Western New EnglandPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between First Stock performing well and First Foundation 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 First Foundation'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.

First Foundation Corporate Management

Keller CFPEx ChairmanProfile
CTFA CFPExecutive ServicesProfile
CFP CPAManaging PlanningProfile
Allan GomezSenior BankerProfile
Kelly RentzelGen VPProfile
Tyler ReshDirector StrategyProfile