Pacific Premier Correlations

PPBI Stock

USD 29.11 0.38 1.32%

The current 90-days correlation between Pacific Premier Bancorp and Peoples Bancorp is 0.9 (i.e., Almost no diversification). The correlation of Pacific Premier 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.

Pacific Premier Correlation With Market

Poor diversification

The correlation between Pacific Premier Bancorp and DJI is 0.74 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pacific Premier 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 Pacific Premier 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 bureau of labor statistics.

Moving together with Pacific Stock

0.92	AX	Axos Financial	Pair Corr
0.89	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.9	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.93	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.87	VBNK	VersaBank Fiscal Year End 11th of December 2024	Pair Corr
0.9	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.67	TECTP	Tectonic Financial	Pair Corr
0.72	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.92	EBTC	Enterprise Bancorp	Pair Corr
0.67	ECBK	ECB Bancorp	Pair Corr
0.94	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.86	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.91	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.66	WAFD	Washington Federal Normal Trading	Pair Corr
0.9	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.95	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.79	ESSA	ESSA Bancorp	Pair Corr
0.74	EVBN	Evans Bancorp	Pair Corr
0.87	EWBC	East West Bancorp Fiscal Year End 28th of January 2025	Pair Corr
0.65	WSBCP	WesBanco	Pair Corr
0.79	WMPN	William Penn Bancorp	Pair Corr

Moving against Pacific Stock

0.47	TFC-PO	Truist Financial	Pair Corr
0.46	CFG-PE	Citizens Financial	Pair Corr
0.42	TFC-PR	Truist Financial	Pair Corr

Related Correlations Analysis

	CWBC	HFWA	HMNF	FFNW	BSRR	PEBO	EGBN	NRIM	UBSI
CWBC		0.6	0.23	-0.18	0.75	0.67	0.23	0.6	0.64	CWBC
HFWA	0.6		0.53	-0.29	0.88	0.97	0.87	0.8	0.98	HFWA
HMNF	0.23	0.53		-0.03	0.33	0.55	0.57	0.58	0.51	HMNF
FFNW	-0.18	-0.29	-0.03		-0.2	-0.23	-0.22	-0.23	-0.26	FFNW
BSRR	0.75	0.88	0.33	-0.2		0.89	0.65	0.75	0.9	BSRR
PEBO	0.67	0.97	0.55	-0.23	0.89		0.83	0.86	0.99	PEBO
EGBN	0.23	0.87	0.57	-0.22	0.65	0.83		0.72	0.85	EGBN
NRIM	0.6	0.8	0.58	-0.23	0.75	0.86	0.72		0.86	NRIM
UBSI	0.64	0.98	0.51	-0.26	0.9	0.99	0.85	0.86		UBSI
	CWBC	HFWA	HMNF	FFNW	BSRR	PEBO	EGBN	NRIM	UBSI

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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

UBSI	+ 0.99	PEBO
UBSI	+ 0.98	HFWA
PEBO	+ 0.97	HFWA
UBSI	+ 0.9	BSRR
PEBO	+ 0.89	BSRR
BSRR	+ 0.88	HFWA

High negative correlations

FFNW	- 0.29	HFWA
UBSI	- 0.26	FFNW
NRIM	- 0.23	FFNW
PEBO	- 0.23	FFNW
EGBN	- 0.22	FFNW
BSRR	- 0.2	FFNW

Risk-Adjusted Indicators

There is a big difference between Pacific Stock performing well and Pacific Premier 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 Pacific Premier'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
CWBC	1.07	0.04	0.06	0.15	1.07	(1.19)	2.64	(2.16)	9.14
HFWA	1.64	0.05	0.10	0.14	1.59	(1.74)	3.50	(2.26)	19.67
HMNF	1.88	0.44	0.12	(1.02)	1.85	(2.37)	4.29	(3.19)	13.15
FFNW	0.63	(0.01)	(0.12)	0.08	0.76	(0.68)	1.65	(1.13)	4.32
BSRR	2.00	(0.07)	0.07	0.10	2.12	(2.26)	4.11	(3.15)	26.66
PEBO	1.61	0.02	0.10	0.13	1.52	(1.94)	3.83	(2.72)	17.61
EGBN	2.13	0.34	0.28	0.26	1.44	(2.78)	5.27	(2.64)	20.58
NRIM	1.95	0.21	0.20	0.20	1.64	(2.33)	4.39	(3.54)	20.99
UBSI	1.46	(0.01)	0.11	0.12	1.20	(1.93)	3.39	(2.10)	15.76

Pacific Premier Corporate Management

Mark Whalen	Chief VP	Profile
Matthew Lazzaro	Senior Relations	Profile
Steven Arnold	Corporate Secretary	Profile
Steven JD	Corporate Secretary	Profile
Jorge DazIrizarry	VP Branch	Profile

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