Banner Correlations
| BANR Stock | USD 74.59 0.68 0.90% |
The current 90-days correlation between Banner and BancFirst is 0.92 (i.e., Almost no diversification). The correlation of Banner 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Banner Correlation With Market
Poor diversification
The correlation between Banner and DJI is 0.75 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Banner and DJI in the same portfolio, assuming nothing else is changed.
Banner |
Moving together with Banner Stock
| 0.92 | AX | Axos Financial | PairCorr |
| 0.9 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.65 | KB | KB Financial Group | PairCorr |
| 0.94 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.98 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
| 0.65 | VABK | Virginia National | PairCorr |
| 0.66 | VBFC | Village Bank | PairCorr |
| 0.97 | VBNK | VersaBank Normal Trading | PairCorr |
| 0.98 | VBTX | Veritex Holdings Fiscal Year End 28th of January 2025 | PairCorr |
| 0.82 | TECTP | Tectonic Financial | PairCorr |
| 0.88 | EBMT | Eagle Bancorp Montana Normal Trading | PairCorr |
| 0.96 | EBTC | Enterprise Bancorp | PairCorr |
| 0.75 | ECBK | ECB Bancorp | PairCorr |
| 0.95 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
| 0.96 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.67 | KEY-PJ | KeyCorp | PairCorr |
| 0.7 | KEY-PK | KeyCorp | PairCorr |
| 0.68 | KEY-PL | KeyCorp | PairCorr |
| 0.93 | WABC | Westamerica Bancorporation Fiscal Year End 16th of January 2025 | PairCorr |
| 0.96 | WASH | Washington Trust Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.64 | BANC-PF | Banc of California | PairCorr |
| 0.98 | EQBK | Equity Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.86 | ESSA | ESSA Bancorp | PairCorr |
| 0.88 | EVBN | Evans Bancorp | PairCorr |
| 0.83 | WSBCP | WesBanco | PairCorr |
Moving against Banner Stock
| 0.63 | TFC-PO | Truist Financial | PairCorr |
| 0.61 | CFG-PE | Citizens Financial | PairCorr |
| 0.58 | TFC-PR | Truist Financial | PairCorr |
| 0.35 | WF | Woori Financial Group | PairCorr |
| 0.49 | FRCIL | First Republic Bank | PairCorr |
| 0.38 | FRCHL | First Republic Bank | PairCorr |
| 0.37 | FRCCL | First Republic Bank | PairCorr |
| 0.32 | WBBW | Westbury Bancorp | PairCorr |
Related Correlations Analysis
| 0.97 | 0.93 | 0.97 | 0.96 | BANF | ||
| 0.97 | 0.87 | 0.94 | 0.97 | CHCO | ||
| 0.93 | 0.87 | 0.96 | 0.89 | COLB | ||
| 0.97 | 0.94 | 0.96 | 0.94 | CVBF | ||
| 0.96 | 0.97 | 0.89 | 0.94 | HFWA | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Banner Stock performing well and Banner 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 Banner'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BANF | 1.60 | 0.01 | 0.11 | 0.12 | 1.45 | 3.37 | 20.44 | |||
| CHCO | 1.28 | (0.02) | 0.06 | 0.10 | 1.24 | 2.72 | 16.56 | |||
| COLB | 1.55 | 0.13 | 0.16 | 0.17 | 1.33 | 3.66 | 16.43 | |||
| CVBF | 1.63 | 0.15 | 0.19 | 0.18 | 1.31 | 3.62 | 21.39 | |||
| HFWA | 1.53 | 0.07 | 0.10 | 0.15 | 1.54 | 3.20 | 19.67 |
Banner Corporate Executives
Elected by the shareholders, the Banner's board of directors comprises two types of representatives: Banner inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Banner. The board's role is to monitor Banner's management team and ensure that shareholders' interests are well served. Banner'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, Banner's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Butterfield | Executive CFO | Profile |