Amalgamated Bank Correlations

AMAL Stock

USD 40.05 0.10 0.25%

The current 90-days correlation between Amalgamated Bank and Dime Community Bancshares is 0.83 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amalgamated Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amalgamated Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Amalgamated Bank Correlation With Market

Very poor diversification

The correlation between Amalgamated Bank and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amalgamated Bank and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Amalgamated Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amalgamated Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Amalgamated Stock please use our How to buy in Amalgamated Stock guide.

Moving together with Amalgamated Stock

0.94	BNPH	BNP PARIBAS ADR	Pair Corr
0.8	AON0	AOZORA BANK LTD	Pair Corr
0.93	AX	Axos Financial	Pair Corr
0.96	BY	Byline Bancorp	Pair Corr
0.69	KBN	Komplett Bank ASA	Pair Corr
0.63	PB	Prosperity Bancshares	Pair Corr
0.89	RF	Regions Financial	Pair Corr
0.86	HH1	Hancock Whitney	Pair Corr
0.88	BCVN	Banque Cantonale Vaudoise	Pair Corr
0.94	LLBN	Liechtensteinische	Pair Corr
0.87	VBNK	VersaBank Earnings Call This Week	Pair Corr
0.94	SANB	SANTANDER UK 8	Pair Corr
0.86	BEN	Bendigo and Adelaide	Pair Corr
0.86	B4M1	SpareBank 1 SR	Pair Corr
0.94	UIO	ATLANTIC UNION BANKSDL	Pair Corr
0.75	WBCPK	Westpac Banking	Pair Corr
0.9	FRYA	Swedbank AB	Pair Corr
0.91	VNB	Valley National Bancorp	Pair Corr
0.74	BRE	Banco Bradesco SA	Pair Corr
0.96	EBMT	Eagle Bancorp Montana	Pair Corr
0.81	ECBK	ECB Bancorp	Pair Corr
0.94	BNP	BNP Paribas SA	Pair Corr
0.86	EFSC	Enterprise Financial	Pair Corr
0.97	EGBN	Eagle Bancorp	Pair Corr
0.92	HSBK	Halyk Bank	Pair Corr
0.91	BCGE	Banque Cantonale	Pair Corr
0.9	WABC	Westamerica Bancorporation	Pair Corr
0.94	WASH	Washington Trust Bancorp	Pair Corr

Moving against Amalgamated Stock

0.61

3YB

Postal Savings Bank

Pair Corr

Related Correlations Analysis

	DCOM	HAFC	FMBH	BHRB	UVSP	MOFG	CPF	CFFN	SBSI	ESQ
DCOM		-0.05	0.94	0.62	0.83	0.79	0.92	0.93	0.92	0.82	DCOM
HAFC	-0.05		0.14	0.22	0.22	-0.35	0.02	-0.17	0.15	0.13	HAFC
FMBH	0.94	0.14		0.74	0.92	0.72	0.92	0.89	0.96	0.81	FMBH
BHRB	0.62	0.22	0.74		0.83	0.48	0.67	0.69	0.61	0.57	BHRB
UVSP	0.83	0.22	0.92	0.83		0.69	0.91	0.86	0.87	0.74	UVSP
MOFG	0.79	-0.35	0.72	0.48	0.69		0.8	0.9	0.64	0.46	MOFG
CPF	0.92	0.02	0.92	0.67	0.91	0.8		0.93	0.92	0.78	CPF
CFFN	0.93	-0.17	0.89	0.69	0.86	0.9	0.93		0.83	0.69	CFFN
SBSI	0.92	0.15	0.96	0.61	0.87	0.64	0.92	0.83		0.86	SBSI
ESQ	0.82	0.13	0.81	0.57	0.74	0.46	0.78	0.69	0.86		ESQ
	DCOM	HAFC	FMBH	BHRB	UVSP	MOFG	CPF	CFFN	SBSI	ESQ

Please upgrade your account to get full access to Macroaxis premium features

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

SBSI	+ 0.96	FMBH
FMBH	+ 0.94	DCOM
CFFN	+ 0.93	DCOM
CFFN	+ 0.93	CPF
CPF	+ 0.92	DCOM
SBSI	+ 0.92	DCOM

High negative correlations

MOFG	- 0.35	HAFC
CFFN	- 0.17	HAFC
HAFC	- 0.05	DCOM

Risk-Adjusted Indicators

There is a big difference between Amalgamated Stock performing well and Amalgamated 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 Amalgamated 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
DCOM	1.33	0.23	0.18	0.26	1.14	(1.59)	3.94	(2.56)	13.01
HAFC	1.33	0.06	(0.01)	0.44	2.34	(1.49)	3.27	(1.92)	18.20
FMBH	1.26	0.14	0.11	0.23	1.05	(1.50)	3.51	(1.46)	9.75
BHRB	1.20	0.05	0.03	0.17	1.64	(1.20)	3.17	(2.66)	9.50
UVSP	1.28	0.11	0.09	0.21	1.12	(1.58)	3.66	(1.83)	9.77
MOFG	1.35	0.38	0.17	(2.21)	1.11	(1.59)	3.03	(2.28)	13.04
CPF	1.16	0.16	0.08	0.30	1.36	(1.28)	2.86	(2.04)	9.91
CFFN	1.26	0.20	0.13	0.32	1.32	(1.53)	3.01	(2.07)	10.77
SBSI	1.03	0.10	0.08	0.22	0.97	(1.26)	2.83	(1.36)	9.35
ESQ	1.63	0.02	0.03	0.13	1.61	(1.85)	4.24	(2.65)	9.78

Amalgamated Bank Corporate Management

Kenneth Schmidt	Executive Finance	Profile
Tyrone Graham	Executive Officer	Profile
Tanisa Williams	VP HR	Profile
Adrian Glace	Senior Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC