Ponce Financial Correlations

PDLB Stock

USD 13.40 0.10 0.75%

The current 90-days correlation between Ponce Financial Group and Community West Bancshares is -0.09 (i.e., Good diversification). The correlation of Ponce Financial 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.

Ponce Financial Correlation With Market

Average diversification

The correlation between Ponce Financial Group and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ponce Financial Group 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 Ponce Financial Group. 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 economic analysis.

Moving together with Ponce Stock

0.82	EBTC	Enterprise Bancorp	Pair Corr
0.71	EFSC	Enterprise Financial Normal Trading	Pair Corr
0.82	BANC-PF	Banc of California	Pair Corr
0.65	ESSA	ESSA Bancorp	Pair Corr
0.76	EVBN	Evans Bancorp	Pair Corr
0.73	WSBCP	WesBanco	Pair Corr

Moving against Ponce Stock

0.52	NU	Nu Holdings Buyout Trend	Pair Corr
0.45	KB	KB Financial Group Earnings Call This Week	Pair Corr
0.41	CFG-PE	Citizens Financial	Pair Corr
0.39	WF	Woori Financial Group Earnings Call This Week	Pair Corr
0.35	TFC-PO	Truist Financial	Pair Corr
0.88	FRCHL	First Republic Bank	Pair Corr
0.87	FRCCL	First Republic Bank	Pair Corr
0.57	WAFDP	Washington Federal	Pair Corr

Related Correlations Analysis

	HMNF	CWBC	FFNW	FINW	HVBC	MGYR	OFED	CULL	HFBL	LSBK
HMNF		-0.19	-0.62	-0.05	0.4	0.41	-0.34	-0.5	0.37	0.27	HMNF
CWBC	-0.19		0.51	0.86	0.33	0.14	0.14	-0.06	-0.48	0.16	CWBC
FFNW	-0.62	0.51		0.49	-0.08	-0.65	0.75	0.31	-0.64	-0.18	FFNW
FINW	-0.05	0.86	0.49		0.24	-0.08	0.32	0.05	-0.44	0.07	FINW
HVBC	0.4	0.33	-0.08	0.24		0.39	-0.25	-0.54	0.12	0.32	HVBC
MGYR	0.41	0.14	-0.65	-0.08	0.39		-0.9	-0.43	0.43	0.31	MGYR
OFED	-0.34	0.14	0.75	0.32	-0.25	-0.9		0.36	-0.59	-0.16	OFED
CULL	-0.5	-0.06	0.31	0.05	-0.54	-0.43	0.36		-0.19	-0.45	CULL
HFBL	0.37	-0.48	-0.64	-0.44	0.12	0.43	-0.59	-0.19		0.03	HFBL
LSBK	0.27	0.16	-0.18	0.07	0.32	0.31	-0.16	-0.45	0.03		LSBK
	HMNF	CWBC	FFNW	FINW	HVBC	MGYR	OFED	CULL	HFBL	LSBK

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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

FINW	+ 0.86	CWBC
OFED	+ 0.75	FFNW
FFNW	+ 0.51	CWBC
FINW	+ 0.49	FFNW
HFBL	+ 0.43	MGYR
MGYR	+ 0.41	HMNF

High negative correlations

OFED	- 0.9	MGYR
MGYR	- 0.65	FFNW
HFBL	- 0.64	FFNW
FFNW	- 0.62	HMNF
HFBL	- 0.59	OFED
CULL	- 0.54	HVBC

Risk-Adjusted Indicators

There is a big difference between Ponce Stock performing well and Ponce Financial 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 Ponce Financial'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
HMNF	1.88	0.44	0.13	(0.82)	1.85	(2.37)	4.29	(3.19)	13.15
CWBC	1.08	0.05	(0.02)	0.51	1.27	(1.16)	2.53	(1.95)	11.26
FFNW	0.80	(0.12)	0.00	(0.35)	0.00	0.00	1.58	(1.74)	4.32
FINW	1.66	0.08	(0.02)	(0.05)	2.54	(1.65)	4.73	(4.83)	12.27
HVBC	1.51	0.34	0.09	43.04	2.03	(1.59)	2.68	(4.11)	18.63
MGYR	1.18	0.26	0.11	(10.04)	1.06	(1.58)	2.98	(2.52)	10.51
OFED	2.13	(0.27)	0.00	(0.85)	0.00	0.00	3.48	(5.28)	12.66
CULL	0.51	(0.10)	0.00	0.50	0.00	0.00	1.18	(1.64)	4.73
HFBL	1.48	0.08	(0.01)	(0.16)	2.08	(2.18)	5.67	(4.53)	13.83
LSBK	1.53	0.35	0.09	11.05	1.50	(2.44)	3.66	(3.49)	10.32

Ponce Financial Corporate Management

David Rodriguez	Chief VP	Profile
Ioannis Kouzilos	Executive Officer	Profile
Elizabeth Macias	Chief VP	Profile
Frank CPA	Executive Officer	Profile

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