River Financial Correlations

RVRF Stock

USD 30.01 0.01 0.03%

The current 90-days correlation between River Financial and Potomac Bancshares is -0.02 (i.e., Good diversification). The correlation of River 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.

River Financial Correlation With Market

Good diversification

The correlation between River Financial and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding River Financial and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to River Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace River Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back River Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling River Financial to buy it.

Moving against River Pink Sheet

0.57	USB-PH	US Bancorp	Pair Corr
0.55	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.54	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.54	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.5	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.47	VRT	Vertiv Holdings	Pair Corr
0.45	T	ATT Inc Aggressive Push	Pair Corr
0.44	CIHKY	China Merchants Bank	Pair Corr
0.44	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.4	FITBP	Fifth Third Bancorp	Pair Corr
0.38	CIHHF	China Merchants Bank	Pair Corr
0.36	MSFT	Microsoft Aggressive Push	Pair Corr
0.36	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.34	VZ	Verizon Communications Aggressive Push	Pair Corr
0.33	WMT	Walmart Aggressive Push	Pair Corr
0.33	HPQ	HP Inc	Pair Corr
0.32	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr

Related Correlations Analysis

	PTBS	MPCB	PPBI	ONB	GABC	FRME	MBWM	OSBC	WTFC	USB
PTBS		0.83	0.74	0.75	0.68	0.72	0.72	0.63	0.63	0.56	PTBS
MPCB	0.83		0.81	0.81	0.76	0.78	0.77	0.75	0.69	0.67	MPCB
PPBI	0.74	0.81		0.94	0.86	0.88	0.93	0.82	0.82	0.83	PPBI
ONB	0.75	0.81	0.94		0.85	0.88	0.97	0.92	0.76	0.73	ONB
GABC	0.68	0.76	0.86	0.85		0.98	0.85	0.84	0.86	0.8	GABC
FRME	0.72	0.78	0.88	0.88	0.98		0.89	0.83	0.84	0.77	FRME
MBWM	0.72	0.77	0.93	0.97	0.85	0.89		0.93	0.78	0.74	MBWM
OSBC	0.63	0.75	0.82	0.92	0.84	0.83	0.93		0.76	0.73	OSBC
WTFC	0.63	0.69	0.82	0.76	0.86	0.84	0.78	0.76		0.96	WTFC
USB	0.56	0.67	0.83	0.73	0.8	0.77	0.74	0.73	0.96		USB
	PTBS	MPCB	PPBI	ONB	GABC	FRME	MBWM	OSBC	WTFC	USB

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Risk-Adjusted Indicators

There is a big difference between River Pink Sheet performing well and River 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 River 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
PTBS	1.32	0.17	0.04	0.42	1.72	(2.13)	3.35	(2.20)	12.61
MPCB	0.73	0.32	0.00	(0.91)	0.00	0.00	2.33	0.00	11.11
PPBI	1.73	(0.08)	0.05	0.09	1.96	(1.93)	4.19	(3.33)	19.99
ONB	1.51	(0.01)	0.11	0.11	1.25	(1.98)	2.96	(2.61)	18.49
GABC	1.33	0.22	0.07	(1.54)	1.22	(1.68)	2.72	(2.21)	16.97
FRME	1.56	0.19	0.06	0.72	1.47	(1.89)	3.54	(3.25)	17.97
MBWM	1.84	(0.10)	0.04	0.08	2.05	(2.27)	3.92	(4.23)	22.73
OSBC	1.37	(0.04)	0.03	0.10	1.92	(1.41)	2.65	(3.15)	13.47
WTFC	1.51	0.17	0.23	0.19	1.09	(1.94)	2.69	(2.14)	17.07
USB	1.35	0.06	0.11	0.15	1.17	(1.65)	2.86	(2.31)	10.98

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Our tools can tell you how much better you can do entering a position in River Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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River Financial Corporate Management

Jason CPA	CFO VP	Profile
Rebecca Hallman	Assistant Director	Profile
Eugene Crane	Exec Mang	Profile
Gerald Smith	Pres Director	Profile
James Stubbs	CEO Director	Profile

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