CullenFrost Bankers Correlations

Preferred Stocks . USA . 
Preferred Stock . CullenFrost Bankers
CFR-PB Preferred Stock  USD 19.64  0.03  0.15%   
The current 90-days correlation between CullenFrost Bankers and Truist Financial is 0.58 (i.e., Very weak diversification). The correlation of CullenFrost Bankers 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.

CullenFrost Bankers Correlation With Market

Average diversification

The correlation between CullenFrost Bankers and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CullenFrost Bankers and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to CullenFrost Bankers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CullenFrost Bankers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CullenFrost Bankers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CullenFrost Bankers to buy it.

Moving together with CullenFrost Preferred Stock

  0.81TFC-PO Truist FinancialPairCorr
  0.81TFC-PR Truist FinancialPairCorr
  0.86CFG-PE Citizens FinancialPairCorr

Moving against CullenFrost Preferred Stock

  0.83WABC Westamerica Bancorporation Fiscal Year End 16th of January 2025 PairCorr
  0.81EFSC Enterprise Financial Fiscal Year End 27th of January 2025 PairCorr
  0.81WASH Washington Trust Bancorp Fiscal Year End 22nd of January 2025 PairCorr
  0.8VBNK VersaBank Fiscal Year End 11th of December 2024 PairCorr
  0.8EGBN Eagle Bancorp Fiscal Year End 22nd of January 2025 PairCorr
  0.79PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr
  0.79RF Regions Financial Sell-off TrendPairCorr
  0.78AX Axos FinancialPairCorr
  0.78BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.77EQBK Equity Bancshares, Fiscal Year End 22nd of January 2025 PairCorr
  0.73VBTX Veritex Holdings Normal TradingPairCorr
  0.72TECTP Tectonic FinancialPairCorr
  0.71WCFB WCF BancorpPairCorr
  0.68EBTC Enterprise BancorpPairCorr
  0.59EBMT Eagle Bancorp Montana Normal TradingPairCorr
  0.54KB KB Financial GroupPairCorr
  0.54BANC-PF Banc of CaliforniaPairCorr
  0.48ECBK ECB BancorpPairCorr
  0.37KEY-PL KeyCorpPairCorr
  0.35WAFD Washington FederalPairCorr
  0.34VABK Virginia NationalPairCorr
  0.34KEY-PK KeyCorpPairCorr
  0.33KEY-PJ KeyCorpPairCorr
  0.31CFG-PH Citizens Financial Group,PairCorr
  0.88WTBA West Bancorporation Fiscal Year End 23rd of January 2025 PairCorr
  0.87EWBC East West Bancorp Fiscal Year End 28th of January 2025 PairCorr
  0.84FCCO First Community Normal TradingPairCorr
  0.82WSBC WesBanco Fiscal Year End 28th of January 2025 PairCorr
  0.82WTFC Wintrust Financial Fiscal Year End 15th of January 2025 PairCorr
  0.79FBMS First Bancshares, Fiscal Year End 22nd of January 2025 PairCorr
  0.74FRMEP First MerchantsPairCorr
  0.71WMPN William Penn BancorpPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between CullenFrost Preferred Stock performing well and CullenFrost Bankers 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 CullenFrost Bankers' 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in CullenFrost Bankers without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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CullenFrost Bankers Corporate Management

Emily SkillmanGroup VPProfile
Paul BracherPresidentProfile
Jimmy SteadGroup BankProfile
William DiFilippoVP AccountingProfile
Phillip GreenChairman CEOProfile
William PerottiGroup BankProfile
Carole KilpatrickVP CenterProfile
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