Orange County Correlations

OBT Stock

USD 59.64 0.59 1.00%

The current 90-days correlation between Orange County Bancorp and KeyCorp is 0.62 (i.e., Poor diversification). The correlation of Orange County 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Orange County Correlation With Market

Very weak diversification

The correlation between Orange County Bancorp and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Orange County Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orange County 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 bureau of labor statistics.

Moving together with Orange Stock

0.67	AX	Axos Financial	Pair Corr
0.71	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.64	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.62	VABK	Virginia National	Pair Corr
0.66	EBTC	Enterprise Bancorp	Pair Corr
0.66	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.66	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.71	WAFD	Washington Federal	Pair Corr

Related Correlations Analysis

	KEY	CMA	FHN	WAL	FITB	HBAN	USB	PNC
KEY		0.95	0.97	0.87	0.97	0.99	0.93	0.98	KEY
CMA	0.95		0.94	0.87	0.97	0.95	0.92	0.96	CMA
FHN	0.97	0.94		0.79	0.96	0.99	0.96	0.98	FHN
WAL	0.87	0.87	0.79		0.9	0.83	0.79	0.85	WAL
FITB	0.97	0.97	0.96	0.9		0.97	0.96	0.98	FITB
HBAN	0.99	0.95	0.99	0.83	0.97		0.95	0.99	HBAN
USB	0.93	0.92	0.96	0.79	0.96	0.95		0.94	USB
PNC	0.98	0.96	0.98	0.85	0.98	0.99	0.94		PNC
	KEY	CMA	FHN	WAL	FITB	HBAN	USB	PNC

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Risk-Adjusted Indicators

There is a big difference between Orange Stock performing well and Orange County 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 Orange County'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
KEY	1.40	(0.02)	0.09	0.11	1.39	(1.58)	2.99	(2.54)	19.76
CMA	1.44	0.19	0.18	0.22	1.35	(1.60)	3.23	(2.64)	14.10
FHN	1.62	0.14	0.20	0.17	1.25	(1.94)	3.77	(2.49)	18.94
WAL	1.88	(0.03)	0.06	0.11	2.14	(2.32)	3.91	(3.17)	19.53
FITB	1.06	0.05	0.09	0.14	0.99	(1.17)	2.23	(2.01)	10.60
HBAN	1.25	0.11	0.20	0.17	0.88	(1.63)	2.75	(2.28)	14.20
USB	1.35	0.06	0.11	0.15	1.17	(1.65)	2.86	(2.31)	10.98
PNC	1.14	0.12	0.16	0.19	0.89	(1.43)	2.54	(1.97)	9.52

Orange County Corporate Management

Michael Listner	Senior Officer	Profile
Robert Peacock	Sr CFO	Profile
Michael Lesler	Controller VP	Profile
Michael Coulter	Executive Executive	Profile
Jacob Rahiman	Senior Officer	Profile

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