John Marshall Correlations

JMSB Stock

USD 23.09 0.10 0.43%

The current 90-days correlation between John Marshall Bancorp and HMN Financial is -0.03 (i.e., Good diversification). The correlation of John Marshall 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.

John Marshall Correlation With Market

Very weak diversification

The correlation between John Marshall Bancorp and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding John Marshall Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Marshall Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with John Stock

0.85	AX	Axos Financial	Pair Corr
0.85	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.87	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.91	RF	Regions Financial Sell-off Trend	Pair Corr
0.65	VABK	Virginia National	Pair Corr
0.92	VBNK	VersaBank Fiscal Year End 11th of December 2024	Pair Corr
0.94	VBTX	Veritex Holdings Normal Trading	Pair Corr
0.81	TECTP	Tectonic Financial	Pair Corr
0.85	EBMT	Eagle Bancorp Montana Normal Trading	Pair Corr
0.93	EBTC	Enterprise Bancorp	Pair Corr
0.78	ECBK	ECB Bancorp	Pair Corr
0.65	CFG-PH	Citizens Financial Group,	Pair Corr
0.9	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.94	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.69	KEY-PJ	KeyCorp	Pair Corr
0.71	KEY-PK	KeyCorp	Pair Corr
0.7	KEY-PL	KeyCorp	Pair Corr
0.89	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.96	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.92	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.81	ESSA	ESSA Bancorp	Pair Corr
0.83	EVBN	Evans Bancorp	Pair Corr
0.8	WSBCP	WesBanco	Pair Corr
0.92	WMPN	William Penn Bancorp	Pair Corr

Moving against John Stock

0.6	TFC-PO	Truist Financial	Pair Corr
0.55	TFC-PR	Truist Financial	Pair Corr
0.54	CFG-PE	Citizens Financial	Pair Corr
0.45	WF	Woori Financial Group	Pair Corr
0.39	WBBW	Westbury Bancorp	Pair Corr
0.36	FRCCL	First Republic Bank	Pair Corr
0.36	FRCHL	First Republic Bank	Pair Corr

Related Correlations Analysis

	OFED	HMNF	HFBL	CIZN	HVBC	CULL	MGYR	NWYF	COFS	AFBI
OFED		-0.34	-0.18	0.72	-0.25	0.36	-0.41	-0.32	-0.66	0.08	OFED
HMNF	-0.34		-0.14	-0.62	0.4	-0.5	0.54	0.42	0.58	0.13	HMNF
HFBL	-0.18	-0.14		-0.07	0.03	0.12	0.08	0.19	0.1	-0.12	HFBL
CIZN	0.72	-0.62	-0.07		-0.33	0.39	-0.48	-0.44	-0.64	0.19	CIZN
HVBC	-0.25	0.4	0.03	-0.33		-0.54	0.7	0.0	0.36	0.29	HVBC
CULL	0.36	-0.5	0.12	0.39	-0.54		-0.61	-0.17	-0.45	-0.17	CULL
MGYR	-0.41	0.54	0.08	-0.48	0.7	-0.61		0.51	0.77	0.19	MGYR
NWYF	-0.32	0.42	0.19	-0.44	0.0	-0.17	0.51		0.67	-0.17	NWYF
COFS	-0.66	0.58	0.1	-0.64	0.36	-0.45	0.77	0.67		0.13	COFS
AFBI	0.08	0.13	-0.12	0.19	0.29	-0.17	0.19	-0.17	0.13		AFBI
	OFED	HMNF	HFBL	CIZN	HVBC	CULL	MGYR	NWYF	COFS	AFBI

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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

COFS	+ 0.77	MGYR
CIZN	+ 0.72	OFED
MGYR	+ 0.7	HVBC
COFS	+ 0.67	NWYF
COFS	+ 0.58	HMNF
MGYR	+ 0.54	HMNF

High negative correlations

COFS	- 0.66	OFED
COFS	- 0.64	CIZN
CIZN	- 0.62	HMNF
MGYR	- 0.61	CULL
CULL	- 0.54	HVBC
CULL	- 0.5	HMNF

Risk-Adjusted Indicators

There is a big difference between John Stock performing well and John Marshall 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 John Marshall'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
OFED	2.13	(0.21)	0.00	0.83	0.00	0.00	3.48	(5.28)	12.66
HMNF	1.88	0.38	0.12	3.54	1.85	(2.37)	4.29	(3.19)	13.15
HFBL	1.56	(0.17)	0.00	(0.27)	0.00	0.00	3.75	(4.31)	17.43
CIZN	0.88	(0.09)	0.00	(0.82)	0.00	0.00	3.00	(2.14)	6.16
HVBC	1.51	0.33	0.08	5.99	2.03	(1.59)	2.68	(4.11)	18.63
CULL	0.51	(0.13)	0.00	(1.82)	0.00	0.00	1.18	(1.64)	4.73
MGYR	0.65	0.14	0.05	1.05	0.47	(0.78)	1.85	(1.22)	3.88
NWYF	1.82	0.07	(0.01)	0.64	2.03	(3.86)	5.50	(4.94)	13.65
COFS	1.25	0.17	0.19	0.25	0.80	(1.73)	3.30	(2.01)	11.09
AFBI	0.32	0.03	(0.19)	(0.07)	0.44	(0.43)	0.79	(0.65)	4.44

John Marshall Corporate Management

Sonia Johnston	Regional Region	Profile
Edward Harrington	Regional MDDC	Profile
Linda Fourney	Ex Director	Profile
Melanie Williams	Senior Resources	Profile
Peter Nadanyi	Senior Lead	Profile

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