ECB Bancorp Correlations

ECBK Stock  USD 14.89  0.10  0.67%   
The current 90-days correlation between ECB Bancorp and Fifth Third Bancorp is 0.13 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ECB Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECB Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

ECB Bancorp Correlation With Market

Average diversification

The correlation between ECB Bancorp and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ECB Bancorp and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECB 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 more information on how to buy ECB Stock please use our How to buy in ECB Stock guide.

Moving together with ECB Stock

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  0.73TECTP Tectonic FinancialPairCorr
  0.91EBMT Eagle Bancorp Montana Fiscal Year End 28th of January 2025 PairCorr
  0.72EBTC Enterprise BancorpPairCorr
  0.89CFG-PH Citizens Financial Group,PairCorr
  0.8EGBN Eagle Bancorp Fiscal Year End 22nd of January 2025 PairCorr
  0.79KEY-PJ KeyCorpPairCorr
  0.88KEY-PK KeyCorpPairCorr
  0.85KEY-PL KeyCorpPairCorr
  0.71WASH Washington Trust Bancorp Fiscal Year End 22nd of January 2025 PairCorr
  0.72EQBK Equity Bancshares, Fiscal Year End 22nd of January 2025 PairCorr
  0.77ESSA ESSA BancorpPairCorr
  0.73TFINP Triumph FinancialPairCorr
  0.72EVBN Evans BancorpPairCorr
  0.79EWBC East West Bancorp Fiscal Year End 28th of January 2025 PairCorr
  0.88WSBCP WesBancoPairCorr
  0.83WMPN William Penn BancorpPairCorr

Moving against ECB Stock

  0.34WF Woori Financial GroupPairCorr
  0.34TFC-PO Truist FinancialPairCorr
  0.68FRCIL First Republic BankPairCorr
  0.57WBBW Westbury BancorpPairCorr
  0.54FRCHL First Republic BankPairCorr
  0.53FRCCL First Republic BankPairCorr
  0.53FRCKL First Republic BankPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between ECB Stock performing well and ECB 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 ECB 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.

ECB Bancorp Corporate Management

Carmela VitaleSenior TreasurerProfile
Karen ChasseCompliance VPProfile
John MigliozziExecutive OfficerProfile
Sean CummingsSenior LendingProfile
Brandon LavertuChief OfficerProfile