Regions Financial Correlations

Preferred Stocks . USA . 
Preferred Stock . Regions Financial
RF-PE Preferred Stock  USD 17.61  0.08  0.45%   
The current 90-days correlation between Regions Financial and Allegion PLC is 0.34 (i.e., Weak diversification). The correlation of Regions 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.

Regions Financial Correlation With Market

Weak diversification

The correlation between Regions Financial and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Regions Financial and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Regions Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Regions Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Regions Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Regions Financial to buy it.

Moving together with Regions Preferred Stock

  0.74MBCN Middlefield Banc Earnings Call This WeekPairCorr
  0.8MBWM Mercantile Bank Earnings Call This WeekPairCorr
  0.64MCBS MetroCity BanksharesPairCorr
  0.81AX Axos FinancialPairCorr
  0.75BY Byline Bancorp Earnings Call This WeekPairCorr
  0.78DB Deutsche Bank AG Earnings Call This WeekPairCorr
  0.84RF-PC Regions FinancialPairCorr
  0.66RF-PF Regions FinancialPairCorr
  0.74KB KB Financial Group Earnings Call TomorrowPairCorr
  0.77NU Nu Holdings Aggressive PushPairCorr
  0.72PB Prosperity Bancshares Earnings Call This WeekPairCorr
  0.81RF Regions Financial Buyout TrendPairCorr
  0.76WF Woori Financial Group Earnings Call This WeekPairCorr
  0.68MGYR Magyar Bancorp Earnings Call This WeekPairCorr
  0.73VBTX Veritex Holdings Normal TradingPairCorr
  0.64TECTP Tectonic FinancialPairCorr
  0.75MBINN Merchants BancorpPairCorr
  0.74MNSB Mainstreet BankPairCorr
  0.71MOFG MidWestOne Financial Earnings Call This WeekPairCorr
  0.86TFC-PO Truist FinancialPairCorr
  0.91TFC-PR Truist FinancialPairCorr
  0.75MSBI Midland States Bancorp Earnings Call This WeekPairCorr
  0.77MVBF MVB Financial Corp Normal TradingPairCorr
  0.82MYFW First Western Financial Earnings Call TomorrowPairCorr
  0.91CFG-PE Citizens FinancialPairCorr
  0.87CFG-PH Citizens Financial Group,PairCorr
  0.85EFSC Enterprise Financial Earnings Call TomorrowPairCorr

Moving against Regions Preferred Stock

  0.66MBBC Marathon Bancorp, CommonPairCorr

Related Correlations Analysis

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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   
HNI
+ 0.89
CMPOW
ALLE
+ 0.85
HNI
ALLE
+ 0.7
CMPOW
PMNXF
+ 0.57
CMPOW
IPCXU
+ 0.55
CMPOW
STRA
+ 0.41
PMNXF
  
High negative correlations   
STRA
- 0.36
IPCXU
ALLE
- 0.05
IPCXU

Risk-Adjusted Indicators

There is a big difference between Regions Preferred Stock performing well and Regions 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 Regions 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Regions Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Regions Financial Corporate Management

Ronald SmithSr GroupProfile
Dana NolanEVP RelationsProfile
Tara PlimptonChief VPProfile
Karin AllenAssistant OfficerProfile
David KeenanChief EVPProfile
John TurnerCEO PresProfile
David TurnerEVP CFOProfile
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