Capital Bancorp Correlations

CBNK Stock

USD 29.81 0.37 1.26%

The current 90-days correlation between Capital Bancorp and Community West Bancshares is 0.72 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Capital Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capital Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Capital Bancorp Correlation With Market

Poor diversification

The correlation between Capital Bancorp and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capital Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capital Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Capital Stock please use our How to buy in Capital Stock guide.

Moving together with Capital Stock

0.95	AX	Axos Financial	Pair Corr
0.96	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
0.92	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.66	VABK	Virginia National	Pair Corr
0.85	VBNK	VersaBank Earnings Call This Week	Pair Corr
0.89	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.77	TECTP	Tectonic Financial	Pair Corr
0.73	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.95	EBTC	Enterprise Bancorp	Pair Corr
0.95	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.86	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.62	KEY-PJ	KeyCorp	Pair Corr
0.93	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.75	WAFD	Washington Federal	Pair Corr
0.86	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.79	BANC-PF	Banc of California	Pair Corr
0.91	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.8	ESSA	ESSA Bancorp	Pair Corr
0.85	EVBN	Evans Bancorp	Pair Corr
0.69	WSBCP	WesBanco	Pair Corr

Moving against Capital Stock

0.62	CFG-PE	Citizens Financial	Pair Corr
0.56	TFC-PO	Truist Financial	Pair Corr
0.55	TFC-PR	Truist Financial	Pair Corr
0.46	WAFDP	Washington Federal	Pair Corr
0.33	FRCIL	First Republic Bank	Pair Corr

Related Correlations Analysis

	CWBC	HMNF	FNWB	OFED	CULL	HFBL	CIZN	HVBC	FBIZ	OPOF
CWBC		0.54	0.64	-0.09	-0.29	-0.04	-0.32	0.29	0.79	0.46	CWBC
HMNF	0.54		0.17	-0.34	-0.5	-0.03	-0.62	0.4	0.59	0.51	HMNF
FNWB	0.64	0.17		0.17	-0.04	0.01	-0.09	0.34	0.35	0.16	FNWB
OFED	-0.09	-0.34	0.17		0.36	-0.24	0.72	-0.25	-0.54	-0.83	OFED
CULL	-0.29	-0.5	-0.04	0.36		-0.01	0.39	-0.54	-0.31	-0.53	CULL
HFBL	-0.04	-0.03	0.01	-0.24	-0.01		-0.09	0.19	0.14	0.19	HFBL
CIZN	-0.32	-0.62	-0.09	0.72	0.39	-0.09		-0.33	-0.61	-0.69	CIZN
HVBC	0.29	0.4	0.34	-0.25	-0.54	0.19	-0.33		0.37	0.5	HVBC
FBIZ	0.79	0.59	0.35	-0.54	-0.31	0.14	-0.61	0.37		0.74	FBIZ
OPOF	0.46	0.51	0.16	-0.83	-0.53	0.19	-0.69	0.5	0.74		OPOF
	CWBC	HMNF	FNWB	OFED	CULL	HFBL	CIZN	HVBC	FBIZ	OPOF

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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

FBIZ	+ 0.79	CWBC
OPOF	+ 0.74	FBIZ
CIZN	+ 0.72	OFED
FNWB	+ 0.64	CWBC
FBIZ	+ 0.59	HMNF
HMNF	+ 0.54	CWBC

High negative correlations

OPOF	- 0.83	OFED
OPOF	- 0.69	CIZN
CIZN	- 0.62	HMNF
FBIZ	- 0.61	CIZN
HVBC	- 0.54	CULL
FBIZ	- 0.54	OFED

Risk-Adjusted Indicators

There is a big difference between Capital Stock performing well and Capital 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 Capital 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
CWBC	1.05	(0.01)	0.01	0.10	1.14	(1.17)	2.53	(2.16)	9.14
HMNF	1.88	0.39	0.12	10.22	1.85	(2.37)	4.29	(3.19)	13.15
FNWB	1.60	(0.11)	0.00	(0.05)	0.00	0.00	3.17	(3.07)	14.21
OFED	2.13	(0.29)	0.00	(0.60)	0.00	0.00	3.48	(5.28)	12.66
CULL	0.51	(0.13)	0.00	(0.84)	0.00	0.00	1.18	(1.64)	4.73
HFBL	1.50	(0.11)	0.00	(0.13)	0.00	0.00	3.75	(4.31)	17.43
CIZN	0.88	(0.08)	0.00	7.89	0.00	0.00	3.00	(2.14)	6.16
HVBC	1.51	0.33	0.08	2.97	2.03	(1.59)	2.68	(4.11)	18.63
FBIZ	1.69	(0.06)	0.04	0.08	1.78	(1.97)	3.90	(3.58)	16.67
OPOF	1.14	0.22	0.11	0.83	1.05	(1.32)	3.20	(1.66)	5.94

Capital Bancorp Corporate Management

CPA CPA	Ex CFO	Profile
Steven Poynot	National Bank	Profile
Constance CPA	Chief Officer	Profile
Todd Warren	Senior Regions	Profile
James Witty	Senior Banking	Profile
Jacob Dalaya	Executive Officer	Profile
Anguel Lindarev	Executive Officer	Profile

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