Citizens Financial Correlations

CFG-PH Stock

26.99 0.01 0.04%

The current 90-days correlation between Citizens Financial Group, and Village Bank and is -0.15 (i.e., Good diversification). The correlation of Citizens Financial 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.

Citizens Financial Correlation With Market

Average diversification

The correlation between Citizens Financial Group, and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Citizens Financial Group, 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 Citizens Financial Group,. 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.

Moving together with Citizens Stock

0.71	VBNK	VersaBank Fiscal Year End 11th of December 2024	Pair Corr
0.69	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.68	TECTP	Tectonic Financial	Pair Corr
0.88	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.61	EBTC	Enterprise Bancorp	Pair Corr
0.89	ECBK	ECB Bancorp	Pair Corr
0.7	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.78	KEY-PJ	KeyCorp	Pair Corr
0.89	KEY-PK	KeyCorp	Pair Corr
0.87	KEY-PL	KeyCorp	Pair Corr
0.63	WAFDP	Washington Federal	Pair Corr
0.68	ESSA	ESSA Bancorp	Pair Corr
0.89	TFINP	Triumph Financial	Pair Corr
0.72	EVBN	Evans Bancorp	Pair Corr
0.66	EWBC	East West Bancorp Fiscal Year End 28th of January 2025	Pair Corr
0.82	WSBCP	WesBanco	Pair Corr
0.75	WMPN	William Penn Bancorp	Pair Corr

Moving against Citizens Stock

0.43	WF	Woori Financial Group	Pair Corr
0.68	WBBW	Westbury Bancorp	Pair Corr
0.78	FRCIL	First Republic Bank	Pair Corr
0.67	FRCCL	First Republic Bank	Pair Corr
0.67	FRCHL	First Republic Bank	Pair Corr
0.66	FRCKL	First Republic Bank	Pair Corr
0.66	FRCML	First Republic Bank	Pair Corr
0.61	FRCLL	First Republic Bank	Pair Corr

Related Correlations Analysis

	AX	BY	KB	NU	PB	RF	WF	VABK	VBFC	VBNK
AX		0.99	0.39	0.34	0.97	0.91	-0.33	0.57	0.41	0.8	AX
BY	0.99		0.33	0.35	0.97	0.9	-0.38	0.6	0.37	0.77	BY
KB	0.39	0.33		0.2	0.37	0.53	0.17	0.01	0.73	0.62	KB
NU	0.34	0.35	0.2		0.26	0.2	-0.24	0.2	0.02	0.2	NU
PB	0.97	0.97	0.37	0.26		0.95	-0.43	0.65	0.44	0.86	PB
RF	0.91	0.9	0.53	0.2	0.95		-0.42	0.64	0.63	0.94	RF
WF	-0.33	-0.38	0.17	-0.24	-0.43	-0.42		-0.46	-0.19	-0.47	WF
VABK	0.57	0.6	0.01	0.2	0.65	0.64	-0.46		0.21	0.58	VABK
VBFC	0.41	0.37	0.73	0.02	0.44	0.63	-0.19	0.21		0.69	VBFC
VBNK	0.8	0.77	0.62	0.2	0.86	0.94	-0.47	0.58	0.69		VBNK
	AX	BY	KB	NU	PB	RF	WF	VABK	VBFC	VBNK

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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

BY	+ 0.99	AX
PB	+ 0.97	AX
PB	+ 0.97	BY
RF	+ 0.95	PB
VBNK	+ 0.94	RF
RF	+ 0.91	AX

High negative correlations

VBNK	- 0.47	WF
VABK	- 0.46	WF
WF	- 0.43	PB
WF	- 0.42	RF
WF	- 0.38	BY
WF	- 0.33	AX

Risk-Adjusted Indicators

There is a big difference between Citizens Stock performing well and Citizens Financial 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 Citizens Financial'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
AX	2.08	0.07	0.18	0.14	1.57	(2.57)	4.23	(2.77)	23.34
BY	1.61	0.02	0.13	0.13	1.31	(2.07)	3.62	(2.51)	20.72
KB	1.80	0.02	0.01	0.14	2.19	(1.79)	4.07	(3.25)	12.49
NU	1.86	(0.16)	0.00	(0.01)	0.00	0.00	4.01	(4.46)	14.51
PB	1.21	0.08	0.12	0.17	1.01	(1.61)	2.55	(2.25)	11.99
RF	1.19	0.11	0.18	0.18	0.89	(1.54)	2.82	(1.66)	14.81
WF	1.32	(0.12)	0.00	(0.11)	0.00	0.00	2.47	(2.49)	12.54
VABK	1.42	0.12	0.09	0.22	1.25	(1.87)	4.08	(2.26)	10.17
VBFC	1.45	0.92	0.45	(0.51)	0.00	(2.17)	1.10	(0.66)	44.05
VBNK	1.72	0.36	0.23	0.40	1.32	(2.06)	4.72	(2.37)	10.97

Citizens Financial Corporate Management

Brendan Coughlin	Head VP	Profile
Craig Read	Chief VP	Profile
Susan LaMonica	Executive Officer	Profile
Theodore Swimmer	Head Markets	Profile
Donald III	Senior Division	Profile
Kristin Silberberg	Head Relations	Profile

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