First Bank Correlations

FRBA Stock

USD 16.89 0.16 0.94%

The current 90-days correlation between First Bank and Sierra Bancorp is 0.52 (i.e., Very weak diversification). The correlation of First Bank 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.

First Bank Correlation With Market

Weak diversification

The correlation between First Bank and DJI is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Bank and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with First Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bank. 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 information on how to trade First Stock refer to our How to Trade First Stock guide.

Moving together with First Stock

0.64	BIRG	Bank of Ireland	Pair Corr
0.79	AX	Axos Financial	Pair Corr
0.9	BY	Byline Bancorp Earnings Call This Week	Pair Corr
0.81	PB	Prosperity Bancshares	Pair Corr
0.83	RF	Regions Financial	Pair Corr
0.8	VABK	Virginia National Earnings Call This Week	Pair Corr
0.83	VBNK	VersaBank	Pair Corr
0.7	EBMT	Eagle Bancorp Montana Normal Trading	Pair Corr
0.71	EFSC	Enterprise Financial Earnings Call This Week	Pair Corr
0.72	EGBN	Eagle Bancorp Earnings Call This Week	Pair Corr
0.65	HSBK	Halyk Bank	Pair Corr
0.86	WABC	Westamerica Bancorporation	Pair Corr
0.78	WAFD	Washington Federal	Pair Corr
0.73	WASH	Washington Trust Bancorp	Pair Corr
0.69	EQBK	Equity Bancshares Earnings Call This Week	Pair Corr
0.83	EWBC	East West Bancorp Earnings Call This Week	Pair Corr
0.72	WNEB	Western New England	Pair Corr
0.87	WSBC	WesBanco	Pair Corr
0.83	WSFS	WSFS Financial Earnings Call This Week	Pair Corr
0.79	WTBA	West Bancorporation	Pair Corr
0.82	WTFC	Wintrust Financial Earnings Call Today	Pair Corr
0.91	FBIZ	First Business Financial	Pair Corr
0.82	FBLA	FB Bancorp Common	Pair Corr
0.77	FBNC	First Bancorp Normal Trading	Pair Corr
0.88	FCAP	First Capital Earnings Call This Week	Pair Corr
0.92	FCBC	First Community Banc Normal Trading	Pair Corr
0.87	FCCO	First Community	Pair Corr
0.84	FFBC	First Financial Bancorp	Pair Corr

Moving against First Stock

0.74	601658	Postal Savings Bank	Pair Corr
0.53	BEN	Bendigo and Adelaide	Pair Corr
0.51	601997	Bank of Guiyang	Pair Corr

Related Correlations Analysis

	BSRR	BSVN	KRNY	CARE	GCBC	CWBC	NFBK	HBCP	WTBA	FBIZ
BSRR		0.29	0.93	0.76	0.55	0.88	0.83	0.92	0.86	0.95	BSRR
BSVN	0.29		0.5	0.66	0.5	0.28	0.62	0.47	0.14	0.4	BSVN
KRNY	0.93	0.5		0.93	0.62	0.85	0.96	0.97	0.74	0.94	KRNY
CARE	0.76	0.66	0.93		0.51	0.65	0.94	0.88	0.49	0.8	CARE
GCBC	0.55	0.5	0.62	0.51		0.74	0.7	0.66	0.71	0.72	GCBC
CWBC	0.88	0.28	0.85	0.65	0.74		0.81	0.85	0.9	0.91	CWBC
NFBK	0.83	0.62	0.96	0.94	0.7	0.81		0.94	0.68	0.9	NFBK
HBCP	0.92	0.47	0.97	0.88	0.66	0.85	0.94		0.81	0.97	HBCP
WTBA	0.86	0.14	0.74	0.49	0.71	0.9	0.68	0.81		0.89	WTBA
FBIZ	0.95	0.4	0.94	0.8	0.72	0.91	0.9	0.97	0.89		FBIZ
	BSRR	BSVN	KRNY	CARE	GCBC	CWBC	NFBK	HBCP	WTBA	FBIZ

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between First Stock performing well and First Bank 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 Bank'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
BSRR	1.25	0.23	0.18	0.33	0.96	(1.73)	3.64	(1.69)	6.92
BSVN	1.09	(0.06)	(0.06)	(0.02)	1.65	(1.03)	2.33	(2.38)	5.48
KRNY	1.24	0.15	0.10	0.24	1.21	(1.48)	3.77	(2.06)	8.18
CARE	1.13	(0.03)	(0.01)	0.07	1.89	(1.14)	3.19	(3.25)	10.10
GCBC	1.67	(0.08)	(0.05)	0.01	1.81	(1.99)	4.17	(3.31)	10.25
CWBC	1.00	0.09	0.06	0.20	1.05	(1.20)	2.49	(2.09)	7.93
NFBK	1.38	(0.01)	0.00	0.09	1.72	(1.58)	3.24	(3.20)	7.76
HBCP	1.16	0.09	0.06	0.18	1.25	(1.46)	3.62	(1.95)	9.17
WTBA	1.26	0.14	0.08	0.24	1.39	(1.44)	2.76	(1.89)	7.97
FBIZ	1.16	0.07	0.06	0.16	1.11	(1.49)	3.04	(1.55)	6.72

First Bank Corporate Management

Ernest Springer	VP Officer	Profile
Scott Civil	Senior Executive	Profile
Michael Cook	Senior Estate	Profile
Stephen Carman	First Officer	Profile
Andrew Hibshman	Treasurer VP	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC