First Interstate Correlations
| FIBK Stock | USD 30.76 0.01 0.03% |
The current 90-days correlation between First Interstate Ban and Glacier Bancorp is 0.86 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Interstate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Interstate BancSystem moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
First Interstate Correlation With Market
Good diversification
The correlation between First Interstate BancSystem and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Interstate BancSystem and DJI in the same portfolio, assuming nothing else is changed.
Moving together with First Stock
Moving against First Stock
Related Correlations Analysis
| 0.92 | 0.82 | 0.8 | 0.91 | 0.92 | GBCI | ||
| 0.92 | 0.88 | 0.81 | 0.97 | 0.98 | CVBF | ||
| 0.82 | 0.88 | 0.82 | 0.91 | 0.92 | COLB | ||
| 0.8 | 0.81 | 0.82 | 0.83 | 0.87 | FFIN | ||
| 0.91 | 0.97 | 0.91 | 0.83 | 0.98 | FRME | ||
| 0.92 | 0.98 | 0.92 | 0.87 | 0.98 | HFWA | ||
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Risk-Adjusted Indicators
There is a big difference between First Stock performing well and First Interstate 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 Interstate'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GBCI | 1.53 | 0.32 | 0.08 | (1.68) | 1.75 | 3.05 | 10.48 | |||
| CVBF | 1.21 | 0.23 | 0.16 | 0.38 | 1.12 | 3.00 | 7.16 | |||
| COLB | 1.50 | 0.04 | 0.06 | 0.16 | 1.52 | 3.30 | 11.50 | |||
| FFIN | 1.22 | 0.10 | 0.09 | 0.22 | 1.13 | 2.93 | 8.11 | |||
| FRME | 1.32 | 0.11 | 0.09 | 0.22 | 1.40 | 3.23 | 7.63 | |||
| HFWA | 1.23 | 0.14 | 0.09 | 0.26 | 1.26 | 2.90 | 7.61 |
First Interstate Corporate Executives
Elected by the shareholders, the First Interstate's board of directors comprises two types of representatives: First Interstate inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Interstate's management team and ensure that shareholders' interests are well served. First Interstate's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Interstate's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marcy Mutch | Executive CFO | Profile | |
| Kristina Robbins | Executive COO | Profile |