Customers Bancorp Correlations

CUBB Stock

USD 20.01 0.07 0.35%

The correlation of Customers 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.

Customers Bancorp Correlation With Market

Good diversification

The correlation between Customers Bancorp and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Customers 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 Customers 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.

For information on how to trade Customers Stock refer to our How to Trade Customers Stock guide.

Moving against Customers Stock

0.34

MSSAR

Metal Sky Star

Pair Corr

Related Correlations Analysis

	CMSD	CMSC	AFGB	ECCX	ARGD
CMSD		0.94	0.86	-0.1	0.06	CMSD
CMSC	0.94		0.95	-0.35	0.14	CMSC
AFGB	0.86	0.95		-0.49	0.31	AFGB
ECCX	-0.1	-0.35	-0.49		-0.32	ECCX
ARGD	0.06	0.14	0.31	-0.32		ARGD
	CMSD	CMSC	AFGB	ECCX	ARGD

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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

AFGB	+ 0.95	CMSC
CMSC	+ 0.94	CMSD
AFGB	+ 0.86	CMSD
ARGD	+ 0.31	AFGB
ARGD	+ 0.14	CMSC
ARGD	+ 0.06	CMSD

High negative correlations

ECCX	- 0.49	AFGB
ECCX	- 0.35	CMSC
ARGD	- 0.32	ECCX
ECCX	- 0.1	CMSD

Risk-Adjusted Indicators

There is a big difference between Customers Stock performing well and Customers 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 Customers 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
CMSD	0.48	(0.04)	0.00	(0.37)	0.00	0.00	1.44	(0.81)	3.33
CMSC	0.42	(0.06)	0.00	(1.12)	0.00	0.00	1.27	(0.86)	2.68
AFGB	0.64	(0.10)	0.00	31.82	0.00	0.00	1.40	(1.36)	3.78
ECCX	0.34	0.04	0.08	0.22	0.32	(0.37)	0.70	(0.69)	1.66
ARGD	0.58	0.01	0.01	0.03	0.72	(0.60)	1.10	(1.23)	4.37

Customers Bancorp Corporate Management

Rick Burkey	Independent Director	Profile
Steven Zuckerman	Independent Director	Profile
Andrea Allon	Independent Director	Profile
Robert Mackay	Director	Profile
T Way	Independent Director	Profile

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