BCB Bancorp Correlations

BCBP Stock

USD 10.34 0.03 0.29%

The current 90-days correlation between BCB Bancorp and Finward Bancorp is 0.19 (i.e., Average diversification). The correlation of BCB 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. If the correlation is 0, the equities are not correlated; they are entirely random.

BCB Bancorp Correlation With Market

Average diversification

The correlation between BCB Bancorp and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BCB 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 BCB 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 bureau of labor statistics.

To learn how to invest in BCB Stock, please use our How to Invest in BCB Bancorp guide.

Moving together with BCB Stock

0.91	AX	Axos Financial	Pair Corr
0.76	BY	Byline Bancorp	Pair Corr
0.68	KB	KB Financial Group	Pair Corr
0.62	PB	Prosperity Bancshares	Pair Corr
0.81	RF	Regions Financial Earnings Call This Week	Pair Corr
0.89	VABK	Virginia National	Pair Corr
0.83	VBNK	VersaBank	Pair Corr
0.87	VBTX	Veritex Holdings	Pair Corr
0.8	EBMT	Eagle Bancorp Montana Normal Trading	Pair Corr
0.71	ECBK	ECB Bancorp	Pair Corr
0.85	EGBN	Eagle Bancorp	Pair Corr
0.71	KEY-PJ	KeyCorp	Pair Corr
0.8	KEY-PK	KeyCorp	Pair Corr
0.94	WABC	Westamerica Bancorporation	Pair Corr
0.93	WAFD	Washington Federal	Pair Corr
0.76	WASH	Washington Trust Bancorp	Pair Corr
0.81	EQBK	Equity Bancshares,	Pair Corr
0.76	WAFDP	Washington Federal	Pair Corr
0.69	WMPN	William Penn Bancorp	Pair Corr

Moving against BCB Stock

0.84	VBFC	Village Bank	Pair Corr
0.75	TECTP	Tectonic Financial	Pair Corr
0.7	DB	Deutsche Bank AG Normal Trading	Pair Corr
0.65	EBTC	Enterprise Bancorp	Pair Corr
0.76	WSBCP	WesBanco	Pair Corr
0.63	BANC-PF	Banc of California	Pair Corr
0.63	OCFCP	OceanFirst Financial Corp	Pair Corr
0.33	ESSA	ESSA Bancorp	Pair Corr
0.33	TFINP	Triumph Financial	Pair Corr

Related Correlations Analysis

	PFS	FMBH	CNOB	FNWD	CFB	NFBK	HFWA	HTBK	NBHC	BWFG
PFS		0.93	0.78	0.82	0.85	0.97	0.84	0.79	0.98	0.75	PFS
FMBH	0.93		0.89	0.76	0.97	0.97	0.92	0.91	0.92	0.87	FMBH
CNOB	0.78	0.89		0.5	0.95	0.86	0.86	0.97	0.78	0.82	CNOB
FNWD	0.82	0.76	0.5		0.66	0.81	0.59	0.56	0.84	0.63	FNWD
CFB	0.85	0.97	0.95	0.66		0.93	0.91	0.95	0.86	0.9	CFB
NFBK	0.97	0.97	0.86	0.81	0.93		0.88	0.87	0.96	0.82	NFBK
HFWA	0.84	0.92	0.86	0.59	0.91	0.88		0.81	0.84	0.85	HFWA
HTBK	0.79	0.91	0.97	0.56	0.95	0.87	0.81		0.78	0.84	HTBK
NBHC	0.98	0.92	0.78	0.84	0.86	0.96	0.84	0.78		0.73	NBHC
BWFG	0.75	0.87	0.82	0.63	0.9	0.82	0.85	0.84	0.73		BWFG
	PFS	FMBH	CNOB	FNWD	CFB	NFBK	HFWA	HTBK	NBHC	BWFG

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Risk-Adjusted Indicators

There is a big difference between BCB Stock performing well and BCB 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 BCB 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
PFS	1.38	(0.15)	0.00	(0.18)	0.00	0.00	2.62	(3.00)	9.31
FMBH	1.25	(0.08)	0.00	(0.10)	0.00	0.00	2.78	(2.32)	9.65
CNOB	1.57	0.01	0.01	0.02	2.05	(1.70)	3.16	(2.99)	12.30
FNWD	0.93	(0.23)	0.00	(0.74)	0.00	0.00	1.36	(1.97)	8.51
CFB	1.42	(0.06)	0.00	(0.05)	0.00	0.00	3.04	(2.78)	9.35
NFBK	1.51	(0.18)	0.00	(0.17)	0.00	0.00	3.25	(2.58)	10.66
HFWA	1.21	(0.10)	0.00	(0.11)	0.00	0.00	2.72	(3.05)	9.15
HTBK	1.08	0.04	0.03	0.07	1.27	(1.32)	2.77	(1.76)	8.30
NBHC	1.10	(0.20)	0.00	(0.28)	0.00	0.00	1.80	(2.85)	7.65
BWFG	1.57	0.05	0.02	0.05	1.91	(1.67)	3.94	(2.86)	9.98

BCB Bancorp Corporate Management

CPA CPA	VP CFO	Profile
Sandra Sievewright	Chief Compliance Officer, Chief Risk Officer of BCB Community Bank	Profile
Karen CPA	Senior Officer	Profile
Ryan MBA	COO, VP	Profile
Jawad Chaudhry	Chief Officer	Profile

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