First Foundation Correlations
FFWM Stock | USD 7.95 0.13 1.61% |
The current 90-days correlation between First Foundation and ConnectOne Bancorp is 0.71 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Foundation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Foundation moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
First Foundation Correlation With Market
Poor diversification
The correlation between First Foundation and DJI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Foundation and DJI in the same portfolio, assuming nothing else is changed.
First |
Moving together with First Stock
0.83 | AX | Axos Financial | PairCorr |
0.78 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.74 | KB | KB Financial Group | PairCorr |
0.82 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
0.84 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
0.62 | VBFC | Village Bank | PairCorr |
0.84 | VBNK | VersaBank Normal Trading | PairCorr |
0.84 | VBTX | Veritex Holdings Fiscal Year End 28th of January 2025 | PairCorr |
0.77 | EBMT | Eagle Bancorp Montana Normal Trading | PairCorr |
0.78 | EBTC | Enterprise Bancorp | PairCorr |
0.84 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
0.8 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
0.84 | WABC | Westamerica Bancorporation Fiscal Year End 16th of January 2025 | PairCorr |
0.68 | WAFD | Washington Federal | PairCorr |
0.84 | WASH | Washington Trust Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
0.86 | EQBK | Equity Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
0.73 | ESSA | ESSA Bancorp | PairCorr |
0.71 | EVBN | Evans Bancorp | PairCorr |
0.61 | WSBCP | WesBanco | PairCorr |
Moving against First Stock
0.63 | CFG-PE | Citizens Financial | PairCorr |
0.6 | TFC-PO | Truist Financial | PairCorr |
0.58 | TFC-PR | Truist Financial | PairCorr |
0.32 | WAFDP | Washington Federal | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between First Stock performing well and First Foundation 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 First Foundation'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
VBTX | 1.58 | 0.05 | 0.13 | 0.15 | 1.26 | 3.18 | 16.33 | |||
CNOB | 1.81 | (0.10) | 0.03 | 0.08 | 1.84 | 3.44 | 20.79 | |||
FBMS | 1.61 | (0.09) | 0.03 | 0.08 | 1.56 | 3.88 | 16.66 | |||
FMBH | 1.46 | (0.16) | (0.02) | 0.05 | 1.56 | 2.87 | 18.64 | |||
PPBI | 1.69 | (0.14) | 0.03 | 0.07 | 1.92 | 4.19 | 19.99 |
First Foundation Corporate Management
Keller CFP | Ex Chairman | Profile | |
CTFA CFP | Executive Services | Profile | |
Allan Gomez | Senior Banker | Profile | |
Kelly Rentzel | Gen VP | Profile | |
Tyler Resh | Director Strategy | Profile | |
Amy Djou | Interim Officer | Profile |