BancFirst Correlations

BANF Stock

USD 122.98 1.77 1.46%

The current 90-days correlation between BancFirst and Glacier Bancorp is 0.03 (i.e., Significant diversification). The correlation of BancFirst 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.

BancFirst Correlation With Market

Poor diversification

The correlation between BancFirst and DJI is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BancFirst 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 BancFirst. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more detail on how to invest in BancFirst Stock please use our How to Invest in BancFirst guide.

Moving together with BancFirst Stock

0.93	AX	Axos Financial	Pair Corr
0.92	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.95	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.88	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.67	VABK	Virginia National	Pair Corr
0.89	VBNK	VersaBank Normal Trading	Pair Corr
0.93	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.72	TECTP	Tectonic Financial	Pair Corr
0.74	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.95	EBTC	Enterprise Bancorp	Pair Corr
0.66	ECBK	ECB Bancorp	Pair Corr
0.98	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.9	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.64	KEY-PJ	KeyCorp	Pair Corr
0.62	KEY-PK	KeyCorp	Pair Corr
0.95	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.95	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.64	BANC-PF	Banc of California	Pair Corr
0.97	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.82	ESSA	ESSA Bancorp	Pair Corr
0.82	EVBN	Evans Bancorp	Pair Corr
0.68	WSBCP	WesBanco	Pair Corr
0.81	WMPN	William Penn Bancorp	Pair Corr

Moving against BancFirst Stock

0.5	WF	Woori Financial Group	Pair Corr
0.34	TFC-PO	Truist Financial	Pair Corr
0.31	TFC-PR	Truist Financial	Pair Corr
0.34	FRCIL	First Republic Bank	Pair Corr

Related Correlations Analysis

	GBCI	BOKF	FFBC	FBNC	FFIN	UMBF	CBSH	BFST	AFBI	BAFN
GBCI		0.84	0.85	0.79	0.81	0.9	0.84	0.86	0.06	0.27	GBCI
BOKF	0.84		0.85	0.93	0.93	0.94	0.78	0.89	0.2	0.21	BOKF
FFBC	0.85	0.85		0.9	0.88	0.88	0.97	0.82	0.11	0.42	FFBC
FBNC	0.79	0.93	0.9		0.97	0.94	0.85	0.89	0.28	0.24	FBNC
FFIN	0.81	0.93	0.88	0.97		0.96	0.84	0.93	0.34	0.26	FFIN
UMBF	0.9	0.94	0.88	0.94	0.96		0.85	0.95	0.29	0.2	UMBF
CBSH	0.84	0.78	0.97	0.85	0.84	0.85		0.8	0.09	0.41	CBSH
BFST	0.86	0.89	0.82	0.89	0.93	0.95	0.8		0.35	0.16	BFST
AFBI	0.06	0.2	0.11	0.28	0.34	0.29	0.09	0.35		-0.06	AFBI
BAFN	0.27	0.21	0.42	0.24	0.26	0.2	0.41	0.16	-0.06		BAFN
	GBCI	BOKF	FFBC	FBNC	FFIN	UMBF	CBSH	BFST	AFBI	BAFN

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

CBSH	+ 0.97	FFBC
FFIN	+ 0.97	FBNC
UMBF	+ 0.96	FFIN
BFST	+ 0.95	UMBF
UMBF	+ 0.94	BOKF
UMBF	+ 0.94	FBNC

High negative correlations

BAFN

- 0.06

AFBI

Risk-Adjusted Indicators

There is a big difference between BancFirst Stock performing well and BancFirst 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 BancFirst'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
GBCI	1.76	0.38	0.16	4.02	1.67	(1.99)	4.04	(3.32)	14.43
BOKF	1.40	0.05	0.08	0.11	1.39	(1.47)	2.70	(2.18)	15.50
FFBC	1.57	0.02	0.08	0.10	1.55	(1.90)	3.93	(3.41)	18.14
FBNC	1.47	(0.02)	0.05	0.07	1.58	(1.74)	3.37	(2.51)	16.50
FFIN	1.43	0.05	0.11	0.10	1.20	(1.67)	2.82	(2.03)	17.03
UMBF	1.42	0.16	0.18	0.16	1.11	(1.66)	3.60	(2.08)	16.37
CBSH	1.13	0.09	0.11	0.14	1.07	(1.32)	2.43	(1.79)	13.35
BFST	1.63	0.13	0.13	0.14	1.70	(1.96)	3.20	(3.48)	17.85
AFBI	0.31	(0.01)	(0.13)	0.05	0.44	(0.40)	0.71	(0.65)	4.44
BAFN	1.49	0.05	(0.03)	(0.27)	1.44	(2.28)	5.23	(2.59)	10.06

BancFirst Corporate Executives

Elected by the shareholders, the BancFirst's board of directors comprises two types of representatives: BancFirst inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BancFirst. The board's role is to monitor BancFirst's management team and ensure that shareholders' interests are well served. BancFirst's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BancFirst's outside directors are responsible for providing unbiased perspectives on the board's policies.

	Hannah Andrus	CFO VP	Profile
	Kevin Lawrence	CFO, Treasurer	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

2024 Macroaxis LLC