BayCom Corp Correlations

BCML Stock

USD 28.36 0.16 0.56%

The current 90-days correlation between BayCom Corp and Northeast Community Bancorp is 0.03 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BayCom Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BayCom Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

BayCom Corp Correlation With Market

Poor diversification

The correlation between BayCom Corp and DJI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BayCom Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with BayCom Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BayCom 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 bureau of economic analysis.

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

Moving together with BayCom Stock

0.75	AX	Axos Financial	Pair Corr
0.82	BY	Byline Bancorp	Pair Corr
0.65	KB	KB Financial Group	Pair Corr
0.68	NU	Nu Holdings Aggressive Push	Pair Corr
0.73	RF	Regions Financial	Pair Corr
0.68	WF	Woori Financial Group	Pair Corr
0.64	VABK	Virginia National	Pair Corr
0.64	TFC-PO	Truist Financial	Pair Corr
0.7	TFC-PR	Truist Financial	Pair Corr
0.77	CFG-PH	Citizens Financial Group,	Pair Corr
0.87	EFSC	Enterprise Financial	Pair Corr
0.64	EFSI	Eagle Financial Services	Pair Corr
0.66	EGBN	Eagle Bancorp	Pair Corr
0.66	KEY-PJ	KeyCorp	Pair Corr
0.66	KEY-PK	KeyCorp	Pair Corr
0.92	WAFD	Washington Federal	Pair Corr
0.8	WASH	Washington Trust Bancorp	Pair Corr
0.62	EQBK	Equity Bancshares,	Pair Corr
0.84	WSBF	Waterstone Financial	Pair Corr
0.71	WSBC	WesBanco	Pair Corr

Moving against BayCom Stock

0.5

TFC-PI

Truist Financial

Pair Corr

Related Correlations Analysis

	AFBI	NECB	BAFN	BCAL	FVCB	ISTR	CHMG	OVLY	AMTB
AFBI		-0.37	-0.61	0.45	0.72	0.75	0.7	0.62	0.7	AFBI
NECB	-0.37		0.53	0.43	0.1	-0.01	0.14	0.13	0.14	NECB
BAFN	-0.61	0.53		-0.28	-0.37	-0.48	-0.32	-0.46	-0.4	BAFN
BCAL	0.45	0.43	-0.28		0.84	0.82	0.85	0.85	0.78	BCAL
FVCB	0.72	0.1	-0.37	0.84		0.95	0.97	0.83	0.84	FVCB
ISTR	0.75	-0.01	-0.48	0.82	0.95		0.93	0.85	0.84	ISTR
CHMG	0.7	0.14	-0.32	0.85	0.97	0.93		0.86	0.82	CHMG
OVLY	0.62	0.13	-0.46	0.85	0.83	0.85	0.86		0.71	OVLY
AMTB	0.7	0.14	-0.4	0.78	0.84	0.84	0.82	0.71		AMTB
	AFBI	NECB	BAFN	BCAL	FVCB	ISTR	CHMG	OVLY	AMTB

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

CHMG	+ 0.97	FVCB
ISTR	+ 0.95	FVCB
CHMG	+ 0.93	ISTR
OVLY	+ 0.86	CHMG
CHMG	+ 0.85	BCAL
OVLY	+ 0.85	BCAL

High negative correlations

BAFN	- 0.61	AFBI
ISTR	- 0.48	BAFN
OVLY	- 0.46	BAFN
AMTB	- 0.4	BAFN
FVCB	- 0.37	BAFN
NECB	- 0.37	AFBI

Risk-Adjusted Indicators

There is a big difference between BayCom Stock performing well and BayCom Corp 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 BayCom Corp'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
AFBI	0.60	0.03	(0.04)	(0.18)	0.81	(0.70)	1.48	(1.40)	4.95
NECB	1.37	(0.10)	0.00	(0.73)	0.00	0.00	2.29	(2.70)	6.36
BAFN	3.11	(1.19)	0.00	(1.57)	0.00	0.00	5.31	(9.06)	20.98
BCAL	1.17	0.00	0.02	0.06	1.55	(1.18)	2.61	(2.65)	7.54
FVCB	1.27	0.08	0.06	0.14	1.28	(1.50)	3.38	(2.21)	8.21
ISTR	1.49	0.11	0.09	0.12	1.48	(1.67)	3.61	(2.56)	9.53
CHMG	1.33	0.00	0.02	0.06	1.74	(1.32)	2.81	(3.17)	8.22
OVLY	1.24	(0.01)	0.02	0.06	1.42	(1.30)	3.16	(2.37)	10.18
AMTB	1.49	0.15	0.12	0.15	1.56	(1.63)	3.59	(2.70)	7.33

BayCom Corp Corporate Executives

Elected by the shareholders, the BayCom Corp's board of directors comprises two types of representatives: BayCom Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BayCom. The board's role is to monitor BayCom Corp's management team and ensure that shareholders' interests are well served. BayCom Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BayCom Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.

Keary CPA

CFO, EVP

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