OptimumBank Holdings Correlations

OPHC Stock

USD 4.92 0.04 0.81%

The current 90-days correlation between OptimumBank Holdings and Cnb Community Bancorp is -0.11 (i.e., Good diversification). The correlation of OptimumBank Holdings 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.

OptimumBank Holdings Correlation With Market

Good diversification

The correlation between OptimumBank Holdings and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding OptimumBank Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OptimumBank Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For information on how to trade OptimumBank Stock refer to our How to Trade OptimumBank Stock guide.

Moving together with OptimumBank Stock

0.82	AX	Axos Financial	Pair Corr
0.85	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.82	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.79	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.63	VABK	Virginia National	Pair Corr
0.76	VBNK	VersaBank	Pair Corr
0.79	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.74	TECTP	Tectonic Financial	Pair Corr
0.68	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.78	EBTC	Enterprise Bancorp Normal Trading	Pair Corr
0.82	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.83	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.7	KEY-PL	KeyCorp	Pair Corr
0.84	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.84	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.68	BANC-PF	Banc of California	Pair Corr
0.8	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.66	ESSA	ESSA Bancorp	Pair Corr
0.79	EVBN	Evans Bancorp	Pair Corr
0.73	WSBCP	WesBanco	Pair Corr
0.77	WMPN	William Penn Bancorp	Pair Corr
0.61	WNEB	Western New England Fiscal Year End 28th of January 2025	Pair Corr

Moving against OptimumBank Stock

0.7	CFG-PE	Citizens Financial	Pair Corr
0.65	TFC-PR	Truist Financial	Pair Corr
0.64	TFC-PO	Truist Financial	Pair Corr
0.58	WF	Woori Financial Group	Pair Corr
0.58	WAFDP	Washington Federal	Pair Corr
0.39	FRCIL	First Republic Bank	Pair Corr
0.34	FRCCL	First Republic Bank	Pair Corr
0.34	FRCHL	First Republic Bank	Pair Corr
0.33	FRCKL	First Republic Bank	Pair Corr
0.33	FRCML	First Republic Bank	Pair Corr
0.31	FRCLL	First Republic Bank	Pair Corr

Related Correlations Analysis

	CNBB	FBAK	TRST	INTR	RBKB	PLBC	FNWD	BWFG	CWBC	CCFC
CNBB		-0.07	-0.25	-0.01	0.15	-0.23	0.16	-0.22	-0.29	0.03	CNBB
FBAK	-0.07		0.89	-0.84	0.74	0.92	0.2	0.86	0.79	-0.8	FBAK
TRST	-0.25	0.89		-0.65	0.57	0.93	0.11	0.91	0.86	-0.73	TRST
INTR	-0.01	-0.84	-0.65		-0.77	-0.77	-0.25	-0.68	-0.61	0.67	INTR
RBKB	0.15	0.74	0.57	-0.77		0.56	0.58	0.55	0.29	-0.77	RBKB
PLBC	-0.23	0.92	0.93	-0.77	0.56		0.1	0.85	0.88	-0.73	PLBC
FNWD	0.16	0.2	0.11	-0.25	0.58	0.1		-0.01	-0.22	-0.49	FNWD
BWFG	-0.22	0.86	0.91	-0.68	0.55	0.85	-0.01		0.9	-0.58	BWFG
CWBC	-0.29	0.79	0.86	-0.61	0.29	0.88	-0.22	0.9		-0.48	CWBC
CCFC	0.03	-0.8	-0.73	0.67	-0.77	-0.73	-0.49	-0.58	-0.48		CCFC
	CNBB	FBAK	TRST	INTR	RBKB	PLBC	FNWD	BWFG	CWBC	CCFC

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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

PLBC	+ 0.93	TRST
PLBC	+ 0.92	FBAK
BWFG	+ 0.91	TRST
CWBC	+ 0.9	BWFG
TRST	+ 0.89	FBAK
CWBC	+ 0.88	PLBC

High negative correlations

INTR	- 0.84	FBAK
CCFC	- 0.8	FBAK
CCFC	- 0.77	RBKB
PLBC	- 0.77	INTR
RBKB	- 0.77	INTR
CCFC	- 0.73	PLBC

Risk-Adjusted Indicators

There is a big difference between OptimumBank Stock performing well and OptimumBank Holdings 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 OptimumBank Holdings' 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
CNBB	0.86	(0.15)	0.00	(0.23)	0.00	0.00	3.58	(4.07)	11.99
FBAK	1.18	0.24	0.07	1.03	1.72	(1.31)	2.50	(2.53)	11.46
TRST	1.31	(0.05)	0.05	0.09	1.30	(1.53)	2.73	(2.26)	17.64
INTR	2.27	(0.71)	0.00	(1.18)	0.00	0.00	3.90	(5.38)	17.47
RBKB	1.11	0.27	0.15	1.78	0.85	(1.46)	4.15	(1.79)	9.98
PLBC	1.81	0.15	0.09	0.22	1.99	(2.11)	4.28	(4.06)	10.80
FNWD	1.05	0.15	0.07	0.49	0.83	(1.31)	2.57	(1.90)	12.55
BWFG	1.52	(0.04)	0.05	0.10	1.76	(1.72)	3.38	(2.42)	17.30
CWBC	1.05	(0.01)	0.02	0.10	1.14	(1.15)	2.53	(2.16)	9.14
CCFC	0.48	(0.15)	0.00	(1.28)	0.00	0.00	0.82	(2.55)	7.12

OptimumBank Holdings Corporate Management

Lisa Corr	Assistant Lending	Profile
Lesile Legg	Branch Operations	Profile
Frank Nelson	Senior Lending	Profile
Rosa Arias	Head Teller	Profile

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