UMB Financial Correlations
| UMB Stock | EUR 103.00 3.00 2.83% |
The current 90-days correlation between UMB Financial and Ultra Clean Holdings is 0.22 (i.e., Modest diversification). The correlation of UMB 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.
UMB Financial Correlation With Market
Very poor diversification
The correlation between UMB Financial and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding UMB Financial and DJI in the same portfolio, assuming nothing else is changed.
UMB |
The ability to find closely correlated positions to UMB 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 UMB 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 UMB 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 UMB Financial to buy it.
Moving together with UMB Stock
| 0.74 | UB5 | US Bancorp | PairCorr |
| 0.7 | PNP | PNC Financial | PairCorr |
| 0.74 | FFH | Fifth Third Bancorp | PairCorr |
| 0.72 | MTZ | MT Bank Corp | PairCorr |
| 0.71 | HU3 | Huntington Bancshares | PairCorr |
| 0.89 | RN7 | Regions Financial | PairCorr |
| 0.68 | 1C5 | Citizens Financial | PairCorr |
| 0.77 | KEY | KeyCorp | PairCorr |
| 0.65 | LLD2 | Lloyds Banking Group | PairCorr |
| 0.76 | OIX | ORIX | PairCorr |
| 0.73 | OIXA | Orix Corp Ads | PairCorr |
| 0.62 | TKDA | Takeda Pharmaceutical Earnings Call This Week | PairCorr |
| 0.61 | SUMB | SUMITOMO P SP | PairCorr |
| 0.62 | FUJ1 | Fujitsu Limited Earnings Call This Week | PairCorr |
| 0.82 | 108 | Sumitomo Rubber Indu | PairCorr |
| 0.68 | 19H | Hercules Capital | PairCorr |
| 0.65 | CHL | China Life Insurance | PairCorr |
| 0.76 | 9IRA | BROADWIND ENRGY | PairCorr |
| 0.8 | GOS | Goldman Sachs | PairCorr |
| 0.68 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.67 | DBPE | Xtrackers LevDAX | PairCorr |
Moving against UMB Stock
Related Correlations Analysis
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between UMB Stock performing well and UMB 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 UMB 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UCE | 3.30 | 0.57 | 0.13 | 0.34 | 3.62 | 9.26 | 18.62 | |||
| 0NH | 1.84 | (0.04) | 0.00 | 2.12 | 0.00 | 5.88 | 14.73 | |||
| S5H0 | 1.77 | 0.22 | 0.08 | 0.67 | 1.77 | 3.47 | 12.17 | |||
| 0M7 | 0.97 | (0.18) | 0.00 | (0.44) | 0.00 | 5.56 | 11.81 | |||
| FCW3 | 1.64 | (0.09) | 0.00 | 0.44 | 0.00 | 3.64 | 17.79 | |||
| UCE | 2.06 | (0.20) | 0.00 | (0.15) | 0.00 | 4.55 | 14.69 | |||
| UWV | 2.82 | (0.06) | 0.00 | (0.24) | 0.00 | 6.82 | 17.69 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in UMB 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.Did you try this?
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UMB Financial Corporate Management
Elected by the shareholders, the UMB Financial's board of directors comprises two types of representatives: UMB Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of UMB. The board's role is to monitor UMB Financial's management team and ensure that shareholders' interests are well served. UMB Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, UMB Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Odgers | Chief VP | Profile | |
| Uma Wilson | Chief VP | Profile | |
| Heather Miller | Marketing Sales | Profile | |
| Amy Harris | Ex Officer | Profile |