First Foundation Correlations
FFWM Stock | USD 5.32 0.01 0.19% |
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
Weak diversification
The correlation between First Foundation and DJI is 0.35 (i.e., Weak 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.
Moving together with First Stock
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0.84 | PB | Prosperity Bancshares Earnings Call Today | PairCorr |
0.68 | RF | Regions Financial Normal Trading | PairCorr |
0.76 | VABK | Virginia National | PairCorr |
0.68 | TFC-PO | Truist Financial | PairCorr |
0.66 | TFC-PR | Truist Financial | PairCorr |
0.72 | CFG-PE | Citizens Financial | PairCorr |
0.72 | CFG-PH | Citizens Financial Group, | PairCorr |
0.73 | EFSC | Enterprise Financial | PairCorr |
0.63 | KEY-PL | KeyCorp | PairCorr |
0.8 | WABC | Westamerica Bancorporation | PairCorr |
0.84 | WAFD | Washington Federal | PairCorr |
0.77 | WASH | Washington Trust Bancorp | PairCorr |
0.83 | EQBK | Equity Bancshares, | PairCorr |
0.74 | ESSA | ESSA Bancorp Earnings Call Today | PairCorr |
0.68 | WSBCP | WesBanco Earnings Call Today | PairCorr |
0.78 | WNEB | Western New England | PairCorr |
0.83 | WSBC | WesBanco Earnings Call This Week | PairCorr |
Related Correlations Analysis
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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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
HMST | 1.49 | 0.12 | 0.09 | 0.28 | 1.27 | 3.81 | 11.28 | |||
HTBK | 1.14 | 0.10 | 0.10 | 0.26 | 0.92 | 2.80 | 5.99 | |||
CVBF | 1.19 | 0.10 | 0.08 | 0.26 | 1.17 | 3.00 | 7.16 | |||
PPBI | 1.53 | 0.00 | 0.05 | 0.17 | 1.55 | 4.40 | 11.60 | |||
BKU | 1.41 | 0.40 | 0.10 | (1.15) | 1.49 | 3.54 | 9.63 | |||
VBTX | 1.58 | 0.44 | 0.34 | 0.53 | 0.82 | 3.71 | 22.78 | |||
CNOB | 1.37 | 0.25 | 0.04 | (2.89) | 1.45 | 3.25 | 8.06 | |||
FMBH | 1.31 | 0.10 | 0.09 | 0.25 | 1.17 | 3.04 | 7.59 |
First Foundation Corporate Management
Keller CFP | Ex Chairman | Profile | |
CTFA CFP | Executive Services | Profile | |
CFP CPA | Managing Planning | Profile | |
Allan Gomez | Senior Banker | Profile | |
Kelly Rentzel | Gen VP | Profile | |
Tyler Resh | Director Strategy | Profile |