Coastal Financial Correlations

CCB Stock

USD 77.30 0.69 0.88%

The current 90-days correlation between Coastal Financial Corp and SVB T Corp is 0.06 (i.e., Significant diversification). The correlation of Coastal 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.

Coastal Financial Correlation With Market

Good diversification

The correlation between Coastal Financial Corp and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Coastal Financial Corp 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 Coastal Financial Corp. 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 Coastal Stock

0.89	AX	Axos Financial	Pair Corr
0.87	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.63	KB	KB Financial Group	Pair Corr
0.91	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.96	RF	Regions Financial Sell-off Trend	Pair Corr
0.96	VBNK	VersaBank Fiscal Year End 11th of December 2024	Pair Corr
0.93	VBTX	Veritex Holdings Normal Trading	Pair Corr
0.87	TECTP	Tectonic Financial	Pair Corr
0.85	EBMT	Eagle Bancorp Montana Normal Trading	Pair Corr
0.9	EBTC	Enterprise Bancorp	Pair Corr
0.71	ECBK	ECB Bancorp	Pair Corr
0.91	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.95	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.64	KEY-PK	KeyCorp	Pair Corr
0.65	KEY-PL	KeyCorp	Pair Corr
0.9	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.91	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.62	BANC-PF	Banc of California	Pair Corr
0.93	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.78	ESSA	ESSA Bancorp	Pair Corr
0.82	EVBN	Evans Bancorp	Pair Corr
0.84	WSBCP	WesBanco	Pair Corr
0.92	WMPN	William Penn Bancorp	Pair Corr

Moving against Coastal Stock

0.74	TFC-PO	Truist Financial	Pair Corr
0.72	CFG-PE	Citizens Financial	Pair Corr
0.7	TFC-PR	Truist Financial	Pair Corr
0.41	WF	Woori Financial Group	Pair Corr
0.34	FRCHL	First Republic Bank	Pair Corr
0.33	FRCCL	First Republic Bank	Pair Corr
0.32	WAFDP	Washington Federal	Pair Corr

Related Correlations Analysis

	SVBT	FCAP	PBKC	LBNW	FCCTP	CDAB	HFBL	FFNW	FNWB
SVBT		0.41	0.77	0.59	0.81	0.38	0.12	-0.12	-0.18	SVBT
FCAP	0.41		0.26	0.11	0.63	-0.35	0.14	-0.09	-0.65	FCAP
PBKC	0.77	0.26		0.68	0.75	0.48	0.15	-0.26	-0.05	PBKC
LBNW	0.59	0.11	0.68		0.59	0.09	0.18	-0.11	-0.09	LBNW
FCCTP	0.81	0.63	0.75	0.59		0.01	0.22	-0.19	-0.38	FCCTP
CDAB	0.38	-0.35	0.48	0.09	0.01		-0.01	-0.19	0.49	CDAB
HFBL	0.12	0.14	0.15	0.18	0.22	-0.01		-0.04	0.02	HFBL
FFNW	-0.12	-0.09	-0.26	-0.11	-0.19	-0.19	-0.04		0.3	FFNW
FNWB	-0.18	-0.65	-0.05	-0.09	-0.38	0.49	0.02	0.3		FNWB
	SVBT	FCAP	PBKC	LBNW	FCCTP	CDAB	HFBL	FFNW	FNWB

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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

FCCTP	+ 0.81	SVBT
PBKC	+ 0.77	SVBT
FCCTP	+ 0.75	PBKC
LBNW	+ 0.68	PBKC
FCCTP	+ 0.63	FCAP
LBNW	+ 0.59	SVBT

High negative correlations

FNWB	- 0.65	FCAP
FNWB	- 0.38	FCCTP
CDAB	- 0.35	FCAP
FFNW	- 0.26	PBKC
FFNW	- 0.19	CDAB
FFNW	- 0.19	FCCTP

Risk-Adjusted Indicators

There is a big difference between Coastal Stock performing well and Coastal 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 Coastal 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
SVBT	0.31	0.09	(0.02)	2.15	0.24	(0.68)	0.76	(0.50)	4.93
FCAP	1.79	(0.02)	(0.05)	0.01	2.07	(2.37)	6.22	(4.11)	14.42
PBKC	0.30	0.12	0.00	0.90	0.00	0.00	1.13	0.00	5.76
LBNW	0.39	0.04	0.00	0.62	0.00	0.00	1.74	(0.79)	6.62
FCCTP	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.71
CDAB	0.63	0.15	0.00	1.18	0.00	0.00	3.33	0.00	8.33
HFBL	1.56	(0.16)	0.00	(0.27)	0.00	0.00	3.75	(4.31)	17.43
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

Coastal Financial Corporate Management

Jeff CAMS	Executive Officer	Profile
Tarah Herger	Executive Manager	Profile
Bill Rhodes	Executive Executive	Profile
Tyler Ferguson	Executive CCBX	Profile
Laura Byers	Chief VP	Profile

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