First Internet Correlations
| INBK Stock | USD 28.32 0.51 1.83% |
The current 90-days correlation between First Internet Bancorp and The Coca Cola is -0.03 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Internet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Internet Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
First Internet Correlation With Market
Very good diversification
The correlation between First Internet Bancorp and DJI is -0.32 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Internet Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Moving together with First Stock
Moving against First Stock
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between First Stock performing well and First Internet 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 First Internet'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KO | 0.91 | (0.01) | (0.07) | 0.08 | 1.18 | 1.84 | 7.02 | |||
| WVVIP | 1.78 | (0.14) | 0.00 | (4.63) | 0.00 | 3.47 | 12.04 | |||
| CTYMF | 3.22 | 0.37 | 0.05 | (4.71) | 3.81 | 6.06 | 27.56 | |||
| STZ | 1.13 | (0.13) | 0.00 | 1.52 | 0.00 | 2.08 | 11.14 | |||
| WEST | 2.53 | (0.21) | 0.00 | 1.04 | 0.00 | 5.23 | 23.60 | |||
| EGO | 2.14 | 0.32 | 0.09 | 1.00 | 2.55 | 5.32 | 18.49 | |||
| JAPAY | 1.19 | 0.08 | (0.02) | (3.90) | 1.63 | 2.25 | 7.89 | |||
| CHMN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
First Internet Corporate Management
| Nicole Lorch | Sr. VP of Retail Banking and Sr. VP of Retail Banking of First Internet Bank | Profile | |
| Paula Deemer | Executive Administration | Profile | |
| David Bybee | Senior lending | Profile | |
| Kevin Quinn | VP Bank | Profile | |
| Timothy Dusing | Sr Bank | Profile |