Flushing Financial Correlations

FFIC Stock  USD 15.79  0.03  0.19%   
The current 90-days correlation between Flushing Financial and First Foundation is 0.45 (i.e., Very weak diversification). The correlation of Flushing 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.

Flushing Financial Correlation With Market

Modest diversification

The correlation between Flushing Financial and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Flushing Financial 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 Flushing Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Flushing Stock refer to our How to Trade Flushing Stock guide.

Moving together with Flushing Stock

  0.77VLKAF Volkswagen AGPairCorr
  0.8VWAGY Volkswagen AG 110PairCorr
  0.66VLKPF Volkswagen AG VZOPairCorr
  0.68TRV The Travelers CompaniesPairCorr

Moving against Flushing Stock

  0.76HNHPF Hon Hai PrecisionPairCorr
  0.75JD JD Inc AdrPairCorr
  0.52MSFT MicrosoftPairCorr
  0.49HD Home DepotPairCorr
  0.44PG Procter GamblePairCorr
  0.31AMZN Amazon Inc Earnings Call This WeekPairCorr
  0.31GE GE AerospacePairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Flushing Stock performing well and Flushing 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 Flushing 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
FFWM  1.77  0.15  0.05  0.69  2.15 
 3.08 
 12.56 
NFBK  1.35  0.14  0.09  0.18  1.30 
 3.61 
 8.50 
ACNB  1.20  0.13  0.07  0.28  1.22 
 2.50 
 7.30 
PFIS  1.23  0.07  0.04  0.14  1.55 
 3.04 
 8.79 
NRIM  1.77 (0.01) 0.00  0.04  3.22 
 4.46 
 21.03 
AROW  1.54  0.26  0.17  0.35  1.27 
 3.59 
 9.60 
CBNK  0.99  0.00 (0.01) 0.05  1.29 
 2.67 
 8.39 
RRBI  1.30  0.17  0.11  0.21  1.30 
 3.40 
 7.97 
UNTY  1.36  0.11  0.07  0.17  1.43 
 3.33 
 7.55 
FISI  1.19  0.16  0.14  0.19  0.96 
 3.40 
 8.79 

Flushing Financial Corporate Management

Francis KorzekwinskiChief of Real Estate Lending, Sr. Executive VP, Chief of Real Estate Lending of Flushing Bank and Executive VP of Flushing BankProfile
Douglas LiangSenior OfficerProfile
Douglas EsqSenior CounselProfile
Patricia TiffanySenior MarketingProfile