United Community Correlations

UCB Stock

34.39 0.29 0.84%

The current 90-days correlation between United Community Banks, and Transportadora de Gas is -0.03 (i.e., Good diversification). The correlation of United Community 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.

United Community Correlation With Market

Poor diversification

The correlation between United Community Banks, 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 United Community Banks, 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 Community Banks,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with United Stock

0.96	AX	Axos Financial	Pair Corr
0.95	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.95	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.89	RF	Regions Financial Sell-off Trend	Pair Corr
0.77	VBNK	VersaBank Fiscal Year End 11th of December 2024	Pair Corr
0.8	VBTX	Veritex Holdings Normal Trading	Pair Corr
0.87	EBTC	Enterprise Bancorp	Pair Corr
0.94	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.75	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.92	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.8	WAFD	Washington Federal	Pair Corr
0.79	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.71	BANC-PF	Banc of California	Pair Corr
0.87	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.66	ESSA	ESSA Bancorp	Pair Corr
0.68	EVBN	Evans Bancorp	Pair Corr
0.69	WMPN	William Penn Bancorp	Pair Corr

Moving against United Stock

0.59	CFG-PE	Citizens Financial	Pair Corr
0.51	TFC-PR	Truist Financial	Pair Corr
0.49	TFC-PO	Truist Financial	Pair Corr
0.51	WAFDP	Washington Federal	Pair Corr

Related Correlations Analysis

	LNT	PCG	RSVR	TGS	KEN	ITRN	RDCM	BKH
LNT		0.66	0.48	0.57	0.47	0.18	0.62	0.84	LNT
PCG	0.66		0.72	0.84	0.71	0.31	0.72	0.77	PCG
RSVR	0.48	0.72		0.7	0.75	0.45	0.76	0.54	RSVR
TGS	0.57	0.84	0.7		0.73	0.39	0.77	0.74	TGS
KEN	0.47	0.71	0.75	0.73		0.17	0.76	0.55	KEN
ITRN	0.18	0.31	0.45	0.39	0.17		0.38	0.32	ITRN
RDCM	0.62	0.72	0.76	0.77	0.76	0.38		0.66	RDCM
BKH	0.84	0.77	0.54	0.74	0.55	0.32	0.66		BKH
	LNT	PCG	RSVR	TGS	KEN	ITRN	RDCM	BKH

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Risk-Adjusted Indicators

There is a big difference between United Stock performing well and United Community 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 Community'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
LNT	0.91	0.14	0.01	7.09	1.02	(1.05)	2.04	(1.89)	5.81
PCG	0.82	0.15	0.05	0.66	0.88	(0.88)	2.45	(1.76)	6.12
RSVR	1.76	0.10	0.07	0.18	2.17	(1.91)	3.91	(3.81)	9.49
TGS	2.23	0.68	0.24	3.09	1.94	(2.54)	6.42	(3.08)	12.65
KEN	1.39	0.18	0.07	0.38	1.63	(1.40)	3.01	(2.87)	8.45
ITRN	0.99	(0.08)	(0.09)	0.02	1.14	(1.08)	1.90	(1.74)	6.35
RDCM	2.34	0.35	0.08	1.27	3.06	(2.54)	5.40	(5.38)	19.90
BKH	0.88	0.05	0.02	0.20	0.69	(1.10)	2.11	(1.38)	4.11

United Community Corporate Management

Melinda JD	General VP	Profile
Melinda Lux	General VP	Profile
Robert Edwards	Executive Officer	Profile
Mark Terry	Chief Officer	Profile
Abraham Cox	Executive Officer	Profile

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