Flushing Financial Correlations
| FFIC Stock | USD 14.76 0.18 1.23% |
The current 90-days correlation between Flushing Financial and First Foundation is 0.53 (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
Weak diversification
The correlation between Flushing Financial and DJI is 0.32 (i.e., Weak 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.
Moving together with Flushing Stock
| 0.84 | BIRG | Bank of Ireland | PairCorr |
| 0.77 | FBNC | First Bancorp Normal Trading | PairCorr |
| 0.68 | CCB | Coastal Financial Corp | PairCorr |
| 0.64 | FCF | First Commonwealth | PairCorr |
| 0.62 | FRME | First Merchants | PairCorr |
| 0.82 | FNB | FNB Corp Sell-off Trend | PairCorr |
| 0.89 | HTH | Hilltop Holdings | PairCorr |
| 0.7 | FVCB | FVCBankcorp | PairCorr |
| 0.72 | ONB | Old National Bancorp | PairCorr |
| 0.8 | GABC | German American Bancorp | PairCorr |
| 0.88 | TMP | Tompkins Financial | PairCorr |
| 0.8 | 601187 | Xiamen Bank | PairCorr |
| 0.66 | NBHC | National Bank Holdings Normal Trading | PairCorr |
| 0.78 | NBTB | NBT Bancorp | PairCorr |
| 0.75 | LB | Laurentian Bank | PairCorr |
| 0.66 | AFBI | Affinity Bancshares | PairCorr |
| 0.91 | SBFG | SB Financial Group | PairCorr |
| 0.87 | AROW | Arrow Financial | PairCorr |
| 0.85 | SRBK | SR Bancorp Common | PairCorr |
| 0.92 | SRCE | 1st Source | PairCorr |
| 0.95 | STBA | ST Bancorp | PairCorr |
| 0.71 | BANR | Banner | PairCorr |
| 0.82 | STEL | Stellar Bancorp | PairCorr |
| 0.86 | BHRB | Burke Herbert Financial | PairCorr |
| 0.93 | TCBK | TriCo Bancshares | PairCorr |
Moving against Flushing Stock
| 0.67 | 601658 | Postal Savings Bank | PairCorr |
| 0.56 | 601665 | Qilu Bank | PairCorr |
| 0.41 | SFBC | Sound Financial Bancorp | PairCorr |
Related Correlations Analysis
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
| High negative correlations
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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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FFWM | 1.84 | 0.03 | 0.02 | 0.09 | 2.58 | 3.08 | 12.33 | |||
| NFBK | 1.47 | (0.09) | (0.04) | 0.00 | 1.91 | 3.24 | 9.28 | |||
| ACNB | 1.27 | 0.12 | 0.07 | 0.25 | 1.25 | 2.50 | 6.18 | |||
| PFIS | 1.33 | (0.01) | (0.01) | 0.06 | 1.76 | 3.04 | 9.46 | |||
| NRIM | 1.69 | 0.29 | 0.16 | 0.26 | 1.75 | 4.71 | 10.29 | |||
| AROW | 1.54 | 0.21 | 0.13 | 0.29 | 1.43 | 3.27 | 9.60 | |||
| CBNK | 1.00 | (0.14) | 0.00 | (0.08) | 0.00 | 2.67 | 6.99 | |||
| RRBI | 1.34 | 0.10 | 0.07 | 0.15 | 1.43 | 3.40 | 7.75 | |||
| UNTY | 1.46 | 0.03 | 0.02 | 0.10 | 1.93 | 3.47 | 11.20 | |||
| FISI | 1.31 | 0.16 | 0.15 | 0.19 | 1.04 | 3.40 | 11.83 |
Flushing Financial Corporate Management
| Francis Korzekwinski | Chief of Real Estate Lending, Sr. Executive VP, Chief of Real Estate Lending of Flushing Bank and Executive VP of Flushing Bank | Profile | |
| Douglas Liang | Senior Officer | Profile | |
| Douglas Esq | Senior Counsel | Profile | |
| Patricia Tiffany | Senior Marketing | Profile |