Fulton Financial Correlations
| FULT Stock | USD 18.25 0.04 0.22% |
The current 90-days correlation between Fulton Financial and G III Apparel Group is 0.48 (i.e., Very weak diversification). The correlation of Fulton 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Fulton Financial Correlation With Market
Significant diversification
The correlation between Fulton Financial and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fulton Financial and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Fulton Stock
| 0.74 | 601658 | Postal Savings Bank | PairCorr |
| 0.9 | EBMT | Eagle Bancorp Montana | PairCorr |
| 0.95 | EFSC | Enterprise Financial | PairCorr |
| 0.76 | WABC | Westamerica Bancorporation | PairCorr |
| 0.83 | WSFS | WSFS Financial | PairCorr |
| 0.83 | AUB | Atlantic Union Bankshares | PairCorr |
| 0.76 | FHN | First Horizon National | PairCorr |
| 0.8 | HTB | HomeTrust Bancshares, Symbol Change | PairCorr |
| 0.94 | PNC | PNC Financial Services | PairCorr |
| 0.8 | SSB | SouthState | PairCorr |
| 0.76 | TMP | Tompkins Financial | PairCorr |
| 0.87 | INBK | First Internet Bancorp | PairCorr |
| 0.78 | MTRO | Metro Bank PLC | PairCorr |
Moving against Fulton Stock
| 0.85 | YESBANK | Yes Bank Limited | PairCorr |
| 0.85 | SBID | State Bank | PairCorr |
| 0.8 | AUBANK | AU Small Finance | PairCorr |
| 0.79 | UCOBANK | UCO Bank | PairCorr |
| 0.7 | DCBBANK | DCB Bank Limited | PairCorr |
| 0.69 | FNWB | First Northwest Bancorp | PairCorr |
| 0.68 | TMB | Tamilnad Mercantile Bank | PairCorr |
| 0.62 | WBCPM | Westpac Banking | PairCorr |
| 0.61 | BIRG | Bank of Ireland | PairCorr |
| 0.59 | 601187 | Xiamen Bank | PairCorr |
| 0.53 | BOQPG | Bank of Queensland Earnings Call This Week | PairCorr |
| 0.85 | RBLBANK | RBL Bank Limited | PairCorr |
| 0.85 | PNB | Punjab National Bank | PairCorr |
| 0.84 | 601665 | Qilu Bank | PairCorr |
| 0.84 | SBIN | State Bank | PairCorr |
| 0.81 | KARURVYSYA | Karur Vysya Bank | PairCorr |
| 0.79 | MAHABANK | Bank of Maharashtra | PairCorr |
| 0.78 | FEDERALBNK | Federal Bank | PairCorr |
| 0.75 | CENTRALBK | Central Bank | PairCorr |
| 0.73 | CUB | City Union Bank | PairCorr |
Related Correlations Analysis
| -0.48 | 0.42 | 0.0 | -0.61 | 0.0 | -0.53 | AZMCF | ||
| -0.48 | -0.3 | 0.0 | 0.72 | 0.0 | 0.23 | GIII | ||
| 0.42 | -0.3 | 0.0 | -0.35 | 0.0 | -0.9 | ESP | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | 0.0 | COUTF | ||
| -0.61 | 0.72 | -0.35 | 0.0 | 0.0 | 0.28 | BHE | ||
| 0.0 | 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | JACO | ||
| -0.53 | 0.23 | -0.9 | 0.0 | 0.28 | 0.0 | DEWY | ||
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 Fulton Stock performing well and Fulton 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 Fulton 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AZMCF | 3.22 | (0.39) | 0.00 | (0.48) | 0.00 | 7.84 | 20.59 | |||
| GIII | 1.47 | 0.17 | 0.05 | (19.39) | 1.87 | 4.31 | 8.63 | |||
| ESP | 2.09 | (0.15) | 0.00 | 0.80 | 0.00 | 4.48 | 17.91 | |||
| COUTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BHE | 1.68 | 0.17 | 0.05 | (1.63) | 1.94 | 3.45 | 13.11 | |||
| JACO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DEWY | 0.54 | 0.26 | 0.00 | 6.22 | 0.00 | 0.00 | 18.06 |
Fulton Financial Corporate Executives
Elected by the shareholders, the Fulton Financial's board of directors comprises two types of representatives: Fulton Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fulton. The board's role is to monitor Fulton Financial's management team and ensure that shareholders' interests are well served. Fulton Financial'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, Fulton Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Richard Kraemer | Senior CFO | Profile |