Bancorp Correlations

TBBK Stock

USD 66.98 2.24 3.46%

The current 90-days correlation between Bancorp and Federal Agricultural Mortgage is 0.19 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if The Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Bancorp Correlation With Market

Very weak diversification

The correlation between The Bancorp 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 The Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Bancorp Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving together with Bancorp Stock

0.67	EBMT	Eagle Bancorp Montana	Pair Corr
0.73	EFSC	Enterprise Financial	Pair Corr
0.75	AUB	Atlantic Union Bankshares	Pair Corr
0.78	SSB	SouthState	Pair Corr
0.76	INBK	First Internet Bancorp	Pair Corr
0.78	MTRO	Metro Bank PLC	Pair Corr
0.84	BANDHANBNK	Bandhan Bank Limited	Pair Corr

Moving against Bancorp Stock

0.84	DCBBANK	DCB Bank Limited	Pair Corr
0.83	TMB	Tamilnad Mercantile Bank	Pair Corr
0.81	FNWB	First Northwest Bancorp	Pair Corr
0.78	BIRG	Bank of Ireland	Pair Corr
0.78	SBID	State Bank	Pair Corr
0.77	AUBANK	AU Small Finance	Pair Corr
0.77	601187	Xiamen Bank	Pair Corr
0.66	WBCPM	Westpac Banking	Pair Corr
0.48	YESBANK	Yes Bank Limited	Pair Corr
0.39	BOQPG	Bank of Queensland	Pair Corr
0.37	FCAP	First Capital	Pair Corr
0.35	PB	Prosperity Bancshares	Pair Corr
0.88	CUB	City Union Bank	Pair Corr
0.8	SBIN	State Bank	Pair Corr
0.76	FEDERALBNK	Federal Bank	Pair Corr
0.73	KARURVYSYA	Karur Vysya Bank	Pair Corr
0.71	PNB	Punjab National Bank	Pair Corr
0.61	RBLBANK	RBL Bank Limited	Pair Corr
0.61	AROW	Arrow Financial	Pair Corr
0.59	601665	Qilu Bank	Pair Corr
0.55	TFSL	TFS Financial	Pair Corr

Related Correlations Analysis

	CYBF	AGM	FFRMF	ANSCU	PSWR	ASAGF	ECG
CYBF		0.0	0.0	0.0	1.0	0.0	0.0	CYBF
AGM	0.0		0.0	-0.51	0.0	-0.18	-0.66	AGM
FFRMF	0.0	0.0		0.0	0.0	0.0	0.0	FFRMF
ANSCU	0.0	-0.51	0.0		0.0	-0.28	0.7	ANSCU
PSWR	1.0	0.0	0.0	0.0		0.0	0.0	PSWR
ASAGF	0.0	-0.18	0.0	-0.28	0.0		0.01	ASAGF
ECG	0.0	-0.66	0.0	0.7	0.0	0.01		ECG
	CYBF	AGM	FFRMF	ANSCU	PSWR	ASAGF	ECG

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

PSWR	+ 1.0	CYBF
ECG	+ 0.7	ANSCU
ECG	+ 0.01	ASAGF
AGM	+ 0.0	CYBF
FFRMF	+ 0.0	CYBF
ANSCU	+ 0.0	CYBF

High negative correlations

ECG	- 0.66	AGM
ANSCU	- 0.51	AGM
ASAGF	- 0.28	ANSCU
ASAGF	- 0.18	AGM
ECG	- 0.0	PSWR
ASAGF	- 0.0	PSWR

Risk-Adjusted Indicators

There is a big difference between Bancorp Stock performing well and Bancorp 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 Bancorp'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
CYBF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AGM	1.31	(0.26)	0.00	(0.40)	0.00	0.00	2.34	(2.85)	9.39
FFRMF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ANSCU	0.01	0.00	0.00	(0.47)	0.00	0.00	0.00	0.00	0.46
PSWR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ASAGF	1.10	0.05	(0.01)	(0.16)	1.68	(3.69)	3.96	(3.26)	18.46
ECG	2.47	0.14	0.08	0.13	2.96	(2.82)	5.40	(4.97)	15.72

Bancorp Corporate Management

John Leto	Chief Administrative Officer	Profile
Erika Caesar	Executive Counsel	Profile
Dominic CFA	Chief Officer	Profile
CEH CCISO	Chief Division	Profile
Martin Egan	Interim MD	Profile

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