Citizens Financial Correlations

CZFS Stock

USD 70.61 0.04 0.06%

The current 90-days correlation between Citizens Financial and HMN Financial is 0.21 (i.e., Modest 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Citizens Financial Correlation With Market

Very weak diversification

The correlation between Citizens Financial Services and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Citizens Financial Services 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 Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Citizens Stock

0.92	AX	Axos Financial	Pair Corr
0.92	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.94	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.96	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.7	VABK	Virginia National	Pair Corr
0.94	VBNK	VersaBank Normal Trading	Pair Corr
0.96	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.81	TECTP	Tectonic Financial	Pair Corr
0.85	EBMT	Eagle Bancorp Montana Normal Trading	Pair Corr
0.97	EBTC	Enterprise Bancorp	Pair Corr
0.68	ECBK	ECB Bancorp	Pair Corr
0.96	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.94	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.65	KEY-PJ	KeyCorp	Pair Corr
0.69	KEY-PK	KeyCorp	Pair Corr
0.68	KEY-PL	KeyCorp	Pair Corr
0.93	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.62	WAFD	Washington Federal	Pair Corr
0.93	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.69	BANC-PF	Banc of California	Pair Corr
0.97	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.9	ESSA	ESSA Bancorp	Pair Corr
0.91	EVBN	Evans Bancorp	Pair Corr
0.8	WSBCP	WesBanco	Pair Corr

Moving against Citizens Stock

0.59	TFC-PO	Truist Financial	Pair Corr
0.59	CFG-PE	Citizens Financial	Pair Corr
0.55	TFC-PR	Truist Financial	Pair Corr
0.32	WF	Woori Financial Group	Pair Corr
0.5	FRCIL	First Republic Bank	Pair Corr
0.42	FRCCL	First Republic Bank	Pair Corr
0.42	FRCHL	First Republic Bank	Pair Corr
0.36	WBBW	Westbury Bancorp	Pair Corr

Related Correlations Analysis

	HFBL	HMNF	OFED	CWBC	CULL	MGYR	HVBC	FNWD	FFNW	OVLY
HFBL		-0.16	-0.27	-0.07	0.09	0.1	0.08	0.15	-0.03	0.05	HFBL
HMNF	-0.16		-0.34	0.47	-0.5	0.59	0.4	0.21	0.03	0.57	HMNF
OFED	-0.27	-0.34		0.04	0.36	-0.4	-0.25	-0.61	0.16	-0.59	OFED
CWBC	-0.07	0.47	0.04		-0.31	0.72	0.29	-0.3	-0.08	0.69	CWBC
CULL	0.09	-0.5	0.36	-0.31		-0.61	-0.54	-0.34	-0.07	-0.49	CULL
MGYR	0.1	0.59	-0.4	0.72	-0.61		0.66	0.2	-0.16	0.8	MGYR
HVBC	0.08	0.4	-0.25	0.29	-0.54	0.66		0.39	-0.01	0.46	HVBC
FNWD	0.15	0.21	-0.61	-0.3	-0.34	0.2	0.39		-0.16	0.37	FNWD
FFNW	-0.03	0.03	0.16	-0.08	-0.07	-0.16	-0.01	-0.16		-0.21	FFNW
OVLY	0.05	0.57	-0.59	0.69	-0.49	0.8	0.46	0.37	-0.21		OVLY
	HFBL	HMNF	OFED	CWBC	CULL	MGYR	HVBC	FNWD	FFNW	OVLY

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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

OVLY	+ 0.8	MGYR
MGYR	+ 0.72	CWBC
OVLY	+ 0.69	CWBC
HVBC	+ 0.66	MGYR
MGYR	+ 0.59	HMNF
OVLY	+ 0.57	HMNF

High negative correlations

MGYR	- 0.61	CULL
FNWD	- 0.61	OFED
OVLY	- 0.59	OFED
HVBC	- 0.54	CULL
CULL	- 0.5	HMNF
OVLY	- 0.49	CULL

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
HFBL	1.56	(0.15)	0.00	(0.40)	0.00	0.00	3.75	(4.31)	17.43
HMNF	1.88	0.37	0.11	2.26	1.85	(2.37)	4.29	(3.19)	13.15
OFED	2.13	(0.26)	0.00	(1.97)	0.00	0.00	3.48	(5.28)	12.66
CWBC	1.03	(0.03)	0.00	0.10	1.12	(1.13)	2.53	(2.16)	9.14
CULL	0.51	(0.10)	0.00	0.74	0.00	0.00	1.18	(1.64)	4.73
MGYR	0.71	0.20	0.11	1.49	0.43	(0.89)	1.90	(1.22)	3.88
HVBC	1.51	0.27	0.07	0.61	2.03	(1.59)	2.68	(4.11)	18.63
FNWD	0.97	0.18	0.07	0.79	0.75	(1.20)	2.48	(1.80)	12.55
FFNW	0.59	(0.06)	0.00	(0.05)	0.00	0.00	1.36	(1.13)	4.32
OVLY	1.67	0.02	0.07	0.14	1.51	(2.14)	4.78	(2.77)	11.90

Citizens Financial Corporate Management

Jeffrey Wilson	Chief Lending Officer of First Citizens Community Bank and Sr. VP of First Citizens Community Bank	Profile
Jeffrey Carr	Chief Retail Banking and Sr. VP	Profile
CPA CPA	COO, VP	Profile
Jeffrey White	Chief Officer	Profile

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