Preferred Bank Correlations
| PFBC Stock | USD 92.61 0.42 0.45% |
The current 90-days correlation between Preferred Bank and Pacific Premier Bancorp is 0.8 (i.e., Very poor diversification). The correlation of Preferred Bank 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.
Preferred Bank Correlation With Market
Very weak diversification
The correlation between Preferred Bank and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Preferred Bank and DJI in the same portfolio, assuming nothing else is changed.
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Risk-Adjusted Indicators
There is a big difference between Preferred Stock performing well and Preferred Bank 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 Preferred Bank'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PPBI | 1.56 | 0.10 | 0.09 | 0.20 | 1.51 | 4.40 | 11.60 | |||
| HFWA | 1.23 | 0.14 | 0.09 | 0.26 | 1.26 | 2.90 | 7.61 | |||
| QCRH | 1.35 | 0.12 | 0.08 | 0.25 | 1.29 | 2.86 | 6.36 | |||
| LKFN | 1.27 | 0.24 | 0.21 | 0.36 | 0.87 | 3.16 | 6.31 | |||
| PGC | 1.35 | 0.08 | 0.07 | 0.19 | 1.40 | 2.87 | 9.53 |
Preferred Bank Corporate Executives
Elected by the shareholders, the Preferred Bank's board of directors comprises two types of representatives: Preferred Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Preferred. The board's role is to monitor Preferred Bank's management team and ensure that shareholders' interests are well served. Preferred Bank'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, Preferred Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Edward Czajka | CFO and Executive VP | Profile | |
| Johnny Hsu | Executive COO | Profile |