BankFinancial Correlations

BFIN Stock  USD 12.00  0.05  0.41%   
The current 90-days correlation between BankFinancial and Washington Federal is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BankFinancial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankFinancial moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

BankFinancial Correlation With Market

Good diversification

The correlation between BankFinancial and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BankFinancial and DJI in the same portfolio, assuming nothing else is changed.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with BankFinancial Stock

  0.62AX Axos FinancialPairCorr
  0.76VBNK VersaBankPairCorr
  0.66SANB SANTANDER UK 8PairCorr
  0.74EBMT Eagle Bancorp Montana Normal TradingPairCorr
  0.61EGBN Eagle Bancorp Earnings Call This WeekPairCorr
  0.85HSBK Halyk BankPairCorr

Moving against BankFinancial Stock

  0.7601997 Bank of GuiyangPairCorr
  0.58601658 Postal Savings BankPairCorr
  0.47FINW Finwise BancorpPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between BankFinancial Stock performing well and BankFinancial 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 BankFinancial'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.

BankFinancial Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BankFinancial stock to make a market-neutral strategy. Peer analysis of BankFinancial could also be used in its relative valuation, which is a method of valuing BankFinancial by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

BankFinancial Corporate Management

Gregg AdamsExecutive VP of Marketing and Sales Division of Bankfinancial FSBProfile
James BrennanExecutive VP of Corporate Affairs Division, General Counsel, Corporate Secretary, Executive VP of Corporate Affairs Division - BankFinancial FSB, General Counsel of BankFinancial FSB and Corporate Secretary of BankFinancial FSBProfile
Marci SlagleNA BankFinancialProfile
Donald StelterExecutive FSBProfile
Mark CollinsChief OfficerProfile
Elizabeth CPASenior ControllerProfile