Pathfinder Bancorp Correlations

PBHC Stock

USD 17.82 0.18 1.00%

The current 90-days correlation between Pathfinder Bancorp and Cullman Bancorp is -0.1 (i.e., Good diversification). The correlation of Pathfinder Bancorp 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.

Pathfinder Bancorp Correlation With Market

Significant diversification

The correlation between Pathfinder Bancorp and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pathfinder Bancorp 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 Pathfinder 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 rate.

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

Moving together with Pathfinder Stock

0.62	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.7	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.79	VBNK	VersaBank Fiscal Year End 11th of December 2024	Pair Corr
0.75	VBTX	Veritex Holdings Normal Trading	Pair Corr
0.69	TECTP	Tectonic Financial	Pair Corr
0.76	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.61	EBTC	Enterprise Bancorp	Pair Corr
0.69	ECBK	ECB Bancorp	Pair Corr
0.65	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.79	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.61	KEY-PL	KeyCorp	Pair Corr
0.66	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.73	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.63	WCFB	WCF Bancorp Downward Rally	Pair Corr
0.73	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.67	ESSA	ESSA Bancorp	Pair Corr
0.64	EVBN	Evans Bancorp	Pair Corr
0.83	EWBC	East West Bancorp Fiscal Year End 28th of January 2025	Pair Corr
0.7	WSBCP	WesBanco	Pair Corr
0.75	WMPN	William Penn Bancorp	Pair Corr

Moving against Pathfinder Stock

0.52	TFC-PO	Truist Financial	Pair Corr
0.48	TFC-PR	Truist Financial	Pair Corr
0.44	WF	Woori Financial Group	Pair Corr
0.42	CFG-PE	Citizens Financial	Pair Corr
0.42	FRCIL	First Republic Bank	Pair Corr
0.4	FRCHL	First Republic Bank	Pair Corr
0.39	FRCCL	First Republic Bank	Pair Corr
0.39	FRCKL	First Republic Bank	Pair Corr

Related Correlations Analysis

	CULL	HMNF	HFBL	HVBC	LSBK	MGYR	OFED	CWBC
CULL		-0.5	0.11	-0.54	-0.46	-0.62	0.36	-0.23	CULL
HMNF	-0.5		-0.12	0.4	0.31	0.51	-0.34	0.23	HMNF
HFBL	0.11	-0.12		0.03	0.18	0.08	-0.16	-0.04	HFBL
HVBC	-0.54	0.4	0.03		0.41	0.68	-0.25	0.25	HVBC
LSBK	-0.46	0.31	0.18	0.41		0.48	-0.76	-0.17	LSBK
MGYR	-0.62	0.51	0.08	0.68	0.48		-0.39	0.55	MGYR
OFED	0.36	-0.34	-0.16	-0.25	-0.76	-0.39		0.28	OFED
CWBC	-0.23	0.23	-0.04	0.25	-0.17	0.55	0.28		CWBC
	CULL	HMNF	HFBL	HVBC	LSBK	MGYR	OFED	CWBC

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

MGYR	+ 0.68	HVBC
CWBC	+ 0.55	MGYR
MGYR	+ 0.51	HMNF
MGYR	+ 0.48	LSBK
LSBK	+ 0.41	HVBC
HVBC	+ 0.4	HMNF

High negative correlations

OFED	- 0.76	LSBK
MGYR	- 0.62	CULL
HVBC	- 0.54	CULL
HMNF	- 0.5	CULL
LSBK	- 0.46	CULL
OFED	- 0.39	MGYR

Risk-Adjusted Indicators

There is a big difference between Pathfinder Stock performing well and Pathfinder Bancorp 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 Pathfinder Bancorp'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
CULL	0.51	(0.10)	0.00	0.95	0.00	0.00	1.18	(1.64)	4.73
HMNF	1.88	0.44	0.12	(1.02)	1.85	(2.37)	4.29	(3.19)	13.15
HFBL	1.73	(0.02)	(0.01)	0.09	2.43	(3.09)	3.82	(4.31)	21.70
HVBC	1.51	0.38	0.08	(0.95)	2.03	(1.59)	2.68	(4.11)	18.63
LSBK	1.17	0.12	0.02	0.42	1.25	(1.59)	3.69	(2.95)	8.55
MGYR	0.62	0.10	0.00	0.71	0.55	(0.72)	1.63	(1.22)	3.88
OFED	2.13	(0.22)	0.00	1.42	0.00	0.00	3.48	(5.28)	12.66
CWBC	1.07	0.04	0.06	0.15	1.07	(1.19)	2.64	(2.16)	9.14

Pathfinder Bancorp Corporate Executives

Elected by the shareholders, the Pathfinder Bancorp's board of directors comprises two types of representatives: Pathfinder Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pathfinder. The board's role is to monitor Pathfinder Bancorp's management team and ensure that shareholders' interests are well served. Pathfinder Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pathfinder Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.

Justin CPA	Senior CFO	Profile
Justin Bigham	Senior CFO	Profile
Robert Butkowski	Senior COO	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

2024 Macroaxis LLC