ECB Bancorp Correlations

ECBK Stock

USD 16.16 0.18 1.13%

The current 90-days correlation between ECB Bancorp and Finward Bancorp is 0.51 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ECB Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECB Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

ECB Bancorp Correlation With Market

Very weak diversification

The correlation between ECB Bancorp and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ECB Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with ECB Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECB 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.

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

Moving together with ECB Stock

0.61	WTFC	Wintrust Financial	Pair Corr
0.64	ONB	Old National Bancorp Normal Trading	Pair Corr
0.63	WAL	Western Alliance Ban	Pair Corr
0.64	WBS	Webster Financial Sell-off Trend	Pair Corr
0.62	NKSH	National Bankshares	Pair Corr
0.74	NRIM	Northrim BanCorp Normal Trading	Pair Corr
0.67	CBSH	Commerce Bancshares	Pair Corr

Moving against ECB Stock

0.56	SBID	State Bank	Pair Corr
0.33	OPHLF	Ono Pharmaceutical Earnings Call This Week	Pair Corr
0.59	EXC	Exelon Earnings Call This Week	Pair Corr
0.56	BWXT	BWX Technologies	Pair Corr
0.5	AEP	American Electric Power	Pair Corr
0.45	BKKPF	Bangkok Bank Public	Pair Corr
0.41	DSKYF	Daiichi Sankyo Earnings Call This Week	Pair Corr
0.36	BHLL	Bunker Hill Mining	Pair Corr
0.33	CABHF	Carlsberg AS	Pair Corr
0.32	SZKMF	Suzuki Motor	Pair Corr
0.32	APP	Applovin Corp	Pair Corr

Related Correlations Analysis

	FNWD	EBMT	RMBI	BCBP	FCAP	AFBI	FGBI	PNBK	SRBK
FNWD		0.84	0.38	0.21	0.82	0.5	0.01	-0.75	0.85	FNWD
EBMT	0.84		0.71	0.63	0.73	0.53	0.01	-0.53	0.91	EBMT
RMBI	0.38	0.71		0.78	0.47	0.48	0.11	-0.02	0.62	RMBI
BCBP	0.21	0.63	0.78		0.26	0.32	-0.16	0.16	0.56	BCBP
FCAP	0.82	0.73	0.47	0.26		0.73	0.25	-0.75	0.81	FCAP
AFBI	0.5	0.53	0.48	0.32	0.73		0.33	-0.44	0.59	AFBI
FGBI	0.01	0.01	0.11	-0.16	0.25	0.33		-0.29	0.02	FGBI
PNBK	-0.75	-0.53	-0.02	0.16	-0.75	-0.44	-0.29		-0.59	PNBK
SRBK	0.85	0.91	0.62	0.56	0.81	0.59	0.02	-0.59		SRBK
	FNWD	EBMT	RMBI	BCBP	FCAP	AFBI	FGBI	PNBK	SRBK

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

SRBK	+ 0.91	EBMT
SRBK	+ 0.85	FNWD
EBMT	+ 0.84	FNWD
FCAP	+ 0.82	FNWD
SRBK	+ 0.81	FCAP
BCBP	+ 0.78	RMBI

High negative correlations

PNBK	- 0.75	FCAP
PNBK	- 0.75	FNWD
SRBK	- 0.59	PNBK
PNBK	- 0.53	EBMT
PNBK	- 0.44	AFBI
PNBK	- 0.29	FGBI

Risk-Adjusted Indicators

There is a big difference between ECB Stock performing well and ECB 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 ECB 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
FNWD	1.08	0.21	0.19	0.22	0.82	(1.25)	3.30	(1.67)	8.32
EBMT	0.93	(0.09)	0.00	(0.02)	0.00	0.00	1.96	(1.77)	5.64
RMBI	1.63	(0.18)	0.00	(0.06)	0.00	0.00	3.29	(3.20)	9.73
BCBP	1.49	(0.24)	0.00	(0.07)	0.00	0.00	2.57	(3.38)	9.81
FCAP	1.93	0.07	0.06	0.09	1.96	(2.45)	4.60	(3.88)	12.79
AFBI	0.83	0.03	(0.03)	(0.02)	1.09	(1.00)	2.08	(1.83)	6.77
FGBI	1.76	(0.17)	0.00	(0.09)	0.00	0.00	3.75	(4.11)	18.63
PNBK	3.11	(0.33)	0.00	(0.08)	0.00	0.00	6.76	(6.29)	22.67
SRBK	0.87	(0.02)	(0.02)	0.03	1.06	(0.96)	1.96	(1.62)	6.23

ECB Bancorp Corporate Management

Carmela Vitale	Senior Treasurer	Profile
Karen Chasse	Compliance VP	Profile
John Migliozzi	Executive Officer	Profile
Sean Cummings	Senior Lending	Profile
Brandon Lavertu	Executive Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC