United Security Correlations

UBFO Stock

USD 9.67 0.13 1.36%

The current 90-days correlation between United Security Banc and HMN Financial is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as United Security moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Security Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

United Security Correlation With Market

Weak diversification

The correlation between United Security Bancshares and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding United Security Bancshares and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Security Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with United Stock

0.71	AX	Axos Financial	Pair Corr
0.72	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.81	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.91	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.75	VABK	Virginia National	Pair Corr
0.92	VBNK	VersaBank Normal Trading	Pair Corr
0.94	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.85	TECTP	Tectonic Financial	Pair Corr
0.89	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.89	EBTC	Enterprise Bancorp	Pair Corr
0.84	ECBK	ECB Bancorp	Pair Corr
0.74	CFG-PH	Citizens Financial Group,	Pair Corr
0.81	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.93	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.68	KEY-PJ	KeyCorp	Pair Corr
0.78	KEY-PK	KeyCorp	Pair Corr
0.79	KEY-PL	KeyCorp	Pair Corr
0.74	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.86	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.89	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.84	ESSA	ESSA Bancorp	Pair Corr
0.89	EVBN	Evans Bancorp	Pair Corr
0.89	EWBC	East West Bancorp Fiscal Year End 28th of January 2025	Pair Corr
0.9	WSBCP	WesBanco	Pair Corr
0.89	WMPN	William Penn Bancorp	Pair Corr

Moving against United Stock

0.56	WF	Woori Financial Group	Pair Corr
0.38	TFC-PO	Truist Financial	Pair Corr
0.64	FRCIL	First Republic Bank	Pair Corr
0.55	FRCCL	First Republic Bank	Pair Corr
0.55	FRCHL	First Republic Bank	Pair Corr
0.55	FRCKL	First Republic Bank	Pair Corr

Related Correlations Analysis

	HFBL	HMNF	HVBC	LSBK	CWBC	OFED	CULL	FNWB	OVLY	MGYR
HFBL		-0.1	0.03	0.18	-0.04	-0.15	0.11	0.02	0.09	0.09	HFBL
HMNF	-0.1		0.4	0.3	0.17	-0.34	-0.5	0.05	0.5	0.51	HMNF
HVBC	0.03	0.4		0.42	0.25	-0.25	-0.54	-0.21	0.51	0.69	HVBC
LSBK	0.18	0.3	0.42		-0.25	-0.77	-0.45	-0.37	0.54	0.45	LSBK
CWBC	-0.04	0.17	0.25	-0.25		0.35	-0.17	0.5	0.46	0.48	CWBC
OFED	-0.15	-0.34	-0.25	-0.77	0.35		0.36	0.49	-0.54	-0.37	OFED
CULL	0.11	-0.5	-0.54	-0.45	-0.17	0.36		-0.06	-0.45	-0.69	CULL
FNWB	0.02	0.05	-0.21	-0.37	0.5	0.49	-0.06		-0.12	0.14	FNWB
OVLY	0.09	0.5	0.51	0.54	0.46	-0.54	-0.45	-0.12		0.7	OVLY
MGYR	0.09	0.51	0.69	0.45	0.48	-0.37	-0.69	0.14	0.7		MGYR
	HFBL	HMNF	HVBC	LSBK	CWBC	OFED	CULL	FNWB	OVLY	MGYR

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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

MGYR	+ 0.7	OVLY
MGYR	+ 0.69	HVBC
OVLY	+ 0.54	LSBK
MGYR	+ 0.51	HMNF
OVLY	+ 0.51	HVBC
OVLY	+ 0.5	HMNF

High negative correlations

OFED	- 0.77	LSBK
MGYR	- 0.69	CULL
OVLY	- 0.54	OFED
CULL	- 0.54	HVBC
CULL	- 0.5	HMNF
OVLY	- 0.45	CULL

Risk-Adjusted Indicators

There is a big difference between United Stock performing well and United Security 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 United Security'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
HFBL	1.75	0.01	(0.01)	0.11	2.40	(3.13)	3.82	(4.31)	21.70
HMNF	1.88	0.38	0.13	2.31	1.85	(2.37)	4.29	(3.19)	13.15
HVBC	1.51	0.31	0.08	1.20	2.03	(1.59)	2.68	(4.11)	18.63
LSBK	1.15	0.09	0.02	0.33	1.25	(1.59)	3.69	(2.95)	8.55
CWBC	1.03	0.03	0.04	0.12	1.08	(1.11)	2.53	(2.16)	9.14
OFED	2.13	(0.22)	0.00	1.09	0.00	0.00	3.48	(5.28)	12.66
CULL	0.51	(0.12)	0.00	(5.70)	0.00	0.00	1.18	(1.64)	4.73
FNWB	1.55	0.05	0.00	0.17	1.69	(1.77)	4.11	(2.82)	14.21
OVLY	1.76	0.13	0.13	0.17	1.49	(2.31)	5.14	(2.77)	11.90
MGYR	0.62	0.10	0.02	0.68	0.55	(0.74)	1.63	(1.22)	3.88

United Security Corporate Management

Porsche Saunders	VP of Real Estate Construction Department - United Security Bank	Profile
Dana Paull	VP Manager	Profile
Jeremy CPA	VP Controller	Profile
Ellie Rosenberg	VP Director	Profile

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