CullenFrost Bankers Correlations
| CFR-PB Preferred Stock | USD 19.11 0.29 1.49% |
The current 90-days correlation between CullenFrost Bankers and Truist Financial is 0.59 (i.e., Very weak diversification). The correlation of CullenFrost Bankers 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.
CullenFrost Bankers Correlation With Market
Average diversification
The correlation between CullenFrost Bankers 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 CullenFrost Bankers and DJI in the same portfolio, assuming nothing else is changed.
CullenFrost |
The ability to find closely correlated positions to CullenFrost Bankers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CullenFrost Bankers 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 CullenFrost Bankers - 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 CullenFrost Bankers to buy it.
Moving together with CullenFrost Preferred Stock
| 0.83 | TFC-PO | Truist Financial | PairCorr |
| 0.83 | TFC-PR | Truist Financial | PairCorr |
| 0.9 | CFG-PE | Citizens Financial | PairCorr |
Moving against CullenFrost Preferred Stock
| 0.83 | VBNK | VersaBank Normal Trading | PairCorr |
| 0.83 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
| 0.83 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.82 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.82 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
| 0.81 | AX | Axos Financial | PairCorr |
| 0.8 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.77 | VBTX | Veritex Holdings Fiscal Year End 28th of January 2025 | PairCorr |
| 0.75 | TECTP | Tectonic Financial | PairCorr |
| 0.72 | EBTC | Enterprise Bancorp | PairCorr |
| 0.67 | EBMT | Eagle Bancorp Montana Fiscal Year End 28th of January 2025 | PairCorr |
| 0.61 | VBFC | Village Bank | PairCorr |
| 0.58 | KB | KB Financial Group | PairCorr |
| 0.51 | ECBK | ECB Bancorp | PairCorr |
| 0.37 | VABK | Virginia National | PairCorr |
| 0.34 | CFG-PH | Citizens Financial Group, | PairCorr |
| 0.84 | WABC | Westamerica Bancorporation Fiscal Year End 16th of January 2025 | PairCorr |
| 0.83 | WASH | Washington Trust Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.8 | EQBK | Equity Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.75 | WMPN | William Penn Bancorp | PairCorr |
| 0.7 | WNEB | Western New England Fiscal Year End 28th of January 2025 | PairCorr |
| 0.66 | WCFB | WCF Bancorp | PairCorr |
| 0.66 | WSBCP | WesBanco | PairCorr |
| 0.64 | EVBN | Evans Bancorp | PairCorr |
| 0.63 | ESSA | ESSA Bancorp Normal Trading | PairCorr |
| 0.61 | BANC-PF | Banc of California | PairCorr |
| 0.47 | KEY-PL | KeyCorp | PairCorr |
| 0.4 | WAFD | Washington Federal | PairCorr |
| 0.36 | KEY-PK | KeyCorp | PairCorr |
| 0.34 | KEY-PJ | KeyCorp | PairCorr |
Related Correlations Analysis
| 0.95 | 0.94 | 0.88 | 0.79 | TFC-PR | ||
| 0.95 | 0.97 | 0.94 | 0.86 | CFG-PE | ||
| 0.94 | 0.97 | 0.94 | 0.88 | BAC-PO | ||
| 0.88 | 0.94 | 0.94 | 0.88 | USB-PR | ||
| 0.79 | 0.86 | 0.88 | 0.88 | BOH-PA | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between CullenFrost Preferred Stock performing well and CullenFrost Bankers 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 CullenFrost Bankers' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TFC-PR | 0.79 | (0.04) | 0.00 | (0.20) | 0.00 | 1.23 | 4.89 | |||
| CFG-PE | 0.84 | (0.07) | 0.00 | (0.10) | 0.00 | 1.74 | 3.86 | |||
| BAC-PO | 0.60 | (0.05) | 0.00 | 8.53 | 0.00 | 1.01 | 4.15 | |||
| USB-PR | 0.72 | (0.02) | 0.00 | 1.26 | 0.00 | 1.16 | 5.56 | |||
| BOH-PA | 0.87 | (0.09) | 0.00 | (0.31) | 0.00 | 1.33 | 4.53 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in CullenFrost Bankers 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?
Run Performance Analysis Now
Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
CullenFrost Bankers Corporate Management
| Emily Skillman | Group VP | Profile | |
| Paul Bracher | President | Profile | |
| Jimmy Stead | Group Bank | Profile | |
| William DiFilippo | VP Accounting | Profile | |
| Phillip Green | Chairman CEO | Profile | |
| William Perotti | Group Bank | Profile | |
| Carole Kilpatrick | VP Center | Profile |