Five Star Correlations
| FSBC Stock | USD 23.65 0.65 2.83% |
The current 90-days correlation between Five Star Bancorp and JPMorgan Chase Co is -0.01 (i.e., Good diversification). The correlation of Five Star 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.
Five Star Correlation With Market
Modest diversification
The correlation between Five Star Bancorp and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Five Star Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Five |
Moving together with Five Stock
| 0.7 | BY | Byline Bancorp Normal Trading | PairCorr |
| 0.76 | KB | KB Financial Group | PairCorr |
| 0.62 | NU | Nu Holdings Aggressive Push | PairCorr |
| 0.76 | VABK | Virginia National | PairCorr |
| 0.66 | TFC-PI | Truist Financial | PairCorr |
| 0.8 | EBMT | Eagle Bancorp Montana Financial Report 23rd of July 2024 | PairCorr |
| 0.79 | CFG-PD | Citizens Financial | PairCorr |
| 0.69 | KEY-PI | KeyCorp | PairCorr |
| 0.72 | KEY-PL | KeyCorp | PairCorr |
| 0.62 | WAYN | Wayne Savings Bancshares | PairCorr |
| 0.76 | BANC-PF | Banc of California | PairCorr |
| 0.65 | WSBCP | WesBanco | PairCorr |
Moving against Five Stock
| 0.45 | EGBN | Eagle Bancorp Normal Trading | PairCorr |
| 0.51 | WMPN | William Penn Bancorp Financial Report 17th of July 2024 | PairCorr |
| 0.38 | WBBW | Westbury Bancorp Normal Trading | PairCorr |
Related Correlations Analysis
| 0.78 | 0.3 | -0.16 | 0.74 | 0.75 | 0.5 | JPM | ||
| 0.78 | 0.67 | 0.04 | 0.52 | 0.52 | 0.48 | C | ||
| 0.3 | 0.67 | 0.03 | 0.26 | 0.19 | 0.5 | WFC | ||
| -0.16 | 0.04 | 0.03 | -0.57 | -0.63 | -0.67 | TD | ||
| 0.74 | 0.52 | 0.26 | -0.57 | 0.86 | 0.72 | BAC | ||
| 0.75 | 0.52 | 0.19 | -0.63 | 0.86 | 0.78 | RY | ||
| 0.5 | 0.48 | 0.5 | -0.67 | 0.72 | 0.78 | HSBC | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Five Stock performing well and Five Star 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 Five Star'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JPM | 0.95 | 0.09 | 0.05 | 0.05 | 1.51 | 1.94 | 7.39 | |||
| C | 1.09 | 0.07 | 0.04 | 0.02 | 1.34 | 2.50 | 6.80 | |||
| WFC | 0.95 | 0.10 | 0.09 | 0.08 | 1.01 | 2.02 | 5.81 | |||
| TD | 0.86 | (0.13) | 0.00 | (0.32) | 0.00 | 1.47 | 7.36 | |||
| BAC | 1.01 | 0.13 | 0.10 | 0.07 | 1.19 | 2.04 | 5.56 | |||
| RY | 0.82 | 0.12 | 0.13 | 0.13 | 0.89 | 1.89 | 6.54 | |||
| HSBC | 0.87 | 0.20 | 0.17 | 0.93 | 1.02 | 1.97 | 6.45 |
Five Star Corporate Management
| Brett Wait | Senior Officer | Profile | |
| Michael Lee | Senior Officer | Profile | |
| John Dalton | Senior Officer | Profile | |
| Michael Campbell | Secretary | Profile | |
| Shelley Wetton | Senior Officer | Profile |