Amerant Bancorp Correlations

AMTB Stock

USD 25.69 0.77 3.09%

The current 90-days correlation between Amerant Bancorp and Southern California Bancorp is 0.8 (i.e., Very poor diversification). The correlation of Amerant Bancorp 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.

Amerant Bancorp Correlation With Market

Poor diversification

The correlation between Amerant Bancorp and DJI is 0.7 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amerant Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amerant 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 estimate.

For information on how to trade Amerant Stock refer to our How to Trade Amerant Stock guide.

Moving together with Amerant Stock

0.96	AX	Axos Financial	Pair Corr
0.97	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.93	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.77	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.61	VABK	Virginia National	Pair Corr
0.68	VBNK	VersaBank Fiscal Year End 11th of December 2024	Pair Corr
0.75	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.83	EBTC	Enterprise Bancorp	Pair Corr
0.94	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.75	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.88	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.7	WAFD	Washington Federal	Pair Corr
0.81	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.72	BANC-PF	Banc of California	Pair Corr
0.79	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.61	ESSA	ESSA Bancorp	Pair Corr
0.64	EVBN	Evans Bancorp	Pair Corr
0.73	EWBC	East West Bancorp Fiscal Year End 28th of January 2025	Pair Corr
0.65	WMPN	William Penn Bancorp	Pair Corr

Moving against Amerant Stock

0.5	CFG-PE	Citizens Financial	Pair Corr
0.44	TFC-PR	Truist Financial	Pair Corr
0.4	TFC-PO	Truist Financial	Pair Corr
0.33	WF	Woori Financial Group	Pair Corr
0.47	WAFDP	Washington Federal	Pair Corr

Related Correlations Analysis

	AFBI	BCAL	AUBN	BCML	CWBC	HBCP	FCCO	GSBC	CULL
AFBI		0.15	0.36	0.13	0.12	-0.01	0.1	0.08	-0.06	AFBI
BCAL	0.15		0.34	0.83	0.71	0.77	0.79	0.89	-0.39	BCAL
AUBN	0.36	0.34		0.58	-0.16	0.39	0.43	0.2	-0.48	AUBN
BCML	0.13	0.83	0.58		0.35	0.92	0.91	0.83	-0.5	BCML
CWBC	0.12	0.71	-0.16	0.35		0.36	0.41	0.67	-0.23	CWBC
HBCP	-0.01	0.77	0.39	0.92	0.36		0.94	0.84	-0.36	HBCP
FCCO	0.1	0.79	0.43	0.91	0.41	0.94		0.8	-0.38	FCCO
GSBC	0.08	0.89	0.2	0.83	0.67	0.84	0.8		-0.24	GSBC
CULL	-0.06	-0.39	-0.48	-0.5	-0.23	-0.36	-0.38	-0.24		CULL
	AFBI	BCAL	AUBN	BCML	CWBC	HBCP	FCCO	GSBC	CULL

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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

FCCO	+ 0.94	HBCP
HBCP	+ 0.92	BCML
FCCO	+ 0.91	BCML
GSBC	+ 0.89	BCAL
GSBC	+ 0.84	HBCP
BCML	+ 0.83	BCAL

High negative correlations

CULL	- 0.5	BCML
CULL	- 0.48	AUBN
CULL	- 0.39	BCAL
CULL	- 0.38	FCCO
CULL	- 0.36	HBCP
CULL	- 0.24	GSBC

Risk-Adjusted Indicators

There is a big difference between Amerant Stock performing well and Amerant 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 Amerant 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
AFBI	0.32	0.03	(0.18)	(0.08)	0.44	(0.41)	0.71	(0.65)	4.44
BCAL	1.02	0.14	0.23	0.21	0.47	(1.39)	3.16	(1.35)	11.39
AUBN	1.79	0.32	0.13	1.12	1.56	(2.20)	3.89	(2.68)	17.14
BCML	1.44	0.21	0.22	0.25	1.00	(1.81)	3.55	(2.36)	12.15
CWBC	1.07	0.04	0.06	0.15	1.07	(1.19)	2.64	(2.16)	9.14
HBCP	1.69	0.09	0.10	0.17	1.75	(2.01)	3.76	(3.12)	12.98
FCCO	1.35	0.21	0.16	0.31	0.95	(1.61)	4.19	(2.20)	11.05
GSBC	1.62	(0.07)	0.05	0.09	1.72	(1.78)	3.56	(3.32)	19.09
CULL	0.51	(0.10)	0.00	0.95	0.00	0.00	1.18	(1.64)	4.73

Amerant Bancorp Corporate Management

Julio Pena	Senior Secretary	Profile
Christine Esteve	Ex Officer	Profile
Thiel Fischer	Executive Officer	Profile
Alberto Santander	Senior Officer	Profile
Armando Fleitas	Executive Officer	Profile

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