Cambridge Bancorp Correlations

Summary

CATCDelisted Stock

USD 73.59 1.43 1.91%

The current 90-days correlation between Cambridge Bancorp and Community West Bancshares is -0.18 (i.e., Good diversification). The correlation of Cambridge Bancorp 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.

Cambridge Bancorp Correlation With Market

Average diversification

The correlation between Cambridge Bancorp and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cambridge Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Cambridge Stock

0.64	SSNLF	Samsung Electronics	Pair Corr
0.61	PTAIF	PT Astra International	Pair Corr
0.67	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.66	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.74	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.72	DIS	Walt Disney Aggressive Push	Pair Corr
0.68	T	ATT Inc Aggressive Push	Pair Corr
0.75	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.72	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr

Moving against Cambridge Stock

0.67	BKRKF	PT Bank Rakyat	Pair Corr
0.66	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.65	PPERF	Bank Mandiri Persero	Pair Corr
0.58	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.56	BKRKY	Bank Rakyat	Pair Corr
0.52	PPERY	Bank Mandiri Persero	Pair Corr
0.51	TLK	Telkom Indonesia Tbk	Pair Corr
0.48	KO	Coca Cola Sell-off Trend	Pair Corr
0.37	PBCRY	Bank Central Asia	Pair Corr

Related Correlations Analysis

	FCCO	CWBC	FFNW	FNWB	HFBL	HMNF	FCAP	FNWD	OVLY	CFBK
FCCO		0.56	-0.19	0.07	0.07	0.6	-0.04	0.34	0.91	0.93	FCCO
CWBC	0.56		-0.09	0.62	-0.04	0.44	-0.64	-0.33	0.66	0.37	CWBC
FFNW	-0.19	-0.09		0.3	-0.04	0.1	-0.09	-0.14	-0.22	-0.26	FFNW
FNWB	0.07	0.62	0.3		0.02	0.26	-0.65	-0.53	0.14	-0.09	FNWB
HFBL	0.07	-0.04	-0.04	0.02		-0.16	0.14	0.13	0.09	0.06	HFBL
HMNF	0.6	0.44	0.1	0.26	-0.16		-0.17	0.21	0.57	0.64	HMNF
FCAP	-0.04	-0.64	-0.09	-0.65	0.14	-0.17		0.8	-0.07	0.03	FCAP
FNWD	0.34	-0.33	-0.14	-0.53	0.13	0.21	0.8		0.37	0.42	FNWD
OVLY	0.91	0.66	-0.22	0.14	0.09	0.57	-0.07	0.37		0.84	OVLY
CFBK	0.93	0.37	-0.26	-0.09	0.06	0.64	0.03	0.42	0.84		CFBK
	FCCO	CWBC	FFNW	FNWB	HFBL	HMNF	FCAP	FNWD	OVLY	CFBK

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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

CFBK	+ 0.93	FCCO
OVLY	+ 0.91	FCCO
CFBK	+ 0.84	OVLY
FNWD	+ 0.8	FCAP
OVLY	+ 0.66	CWBC
CFBK	+ 0.64	HMNF

High negative correlations

FCAP	- 0.65	FNWB
FCAP	- 0.64	CWBC
FNWD	- 0.53	FNWB
FNWD	- 0.33	CWBC
CFBK	- 0.26	FFNW
OVLY	- 0.22	FFNW

Risk-Adjusted Indicators

There is a big difference between Cambridge Stock performing well and Cambridge Bancorp 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 Cambridge Bancorp'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
FCCO	1.24	0.17	0.12	0.30	1.00	(1.43)	3.05	(2.20)	10.76
CWBC	1.03	0.00	0.02	0.11	1.12	(1.11)	2.53	(2.16)	9.14
FFNW	0.61	(0.02)	(0.12)	0.05	0.76	(0.65)	1.65	(1.13)	4.32
FNWB	1.65	0.02	(0.01)	0.14	1.74	(1.92)	4.11	(2.82)	14.21
HFBL	1.56	(0.16)	0.00	(0.27)	0.00	0.00	3.75	(4.31)	17.43
HMNF	1.88	0.36	0.12	1.37	1.85	(2.37)	4.29	(3.19)	13.15
FCAP	1.79	(0.02)	(0.05)	0.01	2.07	(2.37)	6.22	(4.11)	14.42
FNWD	0.96	0.17	0.07	0.74	0.74	(1.21)	2.48	(1.80)	12.55
OVLY	1.67	0.06	0.08	0.15	1.53	(2.10)	4.78	(2.77)	11.90
CFBK	1.94	0.31	0.17	0.33	1.73	(2.35)	6.00	(2.78)	12.35

Cambridge Bancorp Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cambridge Bancorp stock to make a market-neutral strategy. Peer analysis of Cambridge Bancorp could also be used in its relative valuation, which is a method of valuing Cambridge Bancorp by comparing valuation metrics with similar companies.

First Community Community West Bancshares First Financial Northwest First Northwest Bancorp Home Federal Bancorp HMN Financial First Capital Finward Bancorp Oak Valley Bancorp CF Bankshares Northfield Bancorp Home Bancorp American Airlines Group Alcoa Corp Apple Inc

Risk & Return

Correlation

Cambridge Bancorp Corporate Management

Danielle Hackel	Senior Officer	Profile
Thomas Fontaine	Chief VP	Profile
CFP CFA	Senior Management	Profile
John Sullivan	Senior Lending	Profile
Bradford Buckley	Senior Lending	Profile

Still Interested in Cambridge Bancorp?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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