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.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Foundation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in First Stock, please use our How to Invest in First Foundation guide.

Moving together with First Stock

  0.83AX Axos FinancialPairCorr
  0.78BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.74KB KB Financial GroupPairCorr
  0.82PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr
  0.84RF Regions Financial Fiscal Year End 17th of January 2025 PairCorr
  0.62VBFC Village BankPairCorr
  0.84VBNK VersaBank Normal TradingPairCorr
  0.84VBTX Veritex Holdings Fiscal Year End 28th of January 2025 PairCorr
  0.77EBMT Eagle Bancorp Montana Normal TradingPairCorr
  0.78EBTC Enterprise BancorpPairCorr
  0.84EFSC Enterprise Financial Fiscal Year End 27th of January 2025 PairCorr
  0.8EGBN Eagle Bancorp Fiscal Year End 22nd of January 2025 PairCorr
  0.84WABC Westamerica Bancorporation Fiscal Year End 16th of January 2025 PairCorr
  0.68WAFD Washington FederalPairCorr
  0.84WASH Washington Trust Bancorp Fiscal Year End 22nd of January 2025 PairCorr
  0.86EQBK Equity Bancshares, Fiscal Year End 22nd of January 2025 PairCorr
  0.73ESSA ESSA BancorpPairCorr
  0.71EVBN Evans BancorpPairCorr
  0.61WSBCP WesBancoPairCorr

Moving against First Stock

  0.63CFG-PE Citizens FinancialPairCorr
  0.6TFC-PO Truist FinancialPairCorr
  0.58TFC-PR Truist FinancialPairCorr
  0.32WAFDP Washington FederalPairCorr

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.

First Foundation Corporate Management

Keller CFPEx ChairmanProfile
CTFA CFPExecutive ServicesProfile
Allan GomezSenior BankerProfile
Kelly RentzelGen VPProfile
Tyler ReshDirector StrategyProfile
Amy DjouInterim OfficerProfile