Amalgamated Bank Correlations

AMAL Stock

USD 33.27 0.28 0.85%

The current 90-days correlation between Amalgamated Bank and ACNB Corporation is 0.83 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amalgamated Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amalgamated Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Amalgamated Bank Correlation With Market

Very weak diversification

The correlation between Amalgamated Bank 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 Amalgamated Bank and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Amalgamated Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amalgamated Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

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

Moving together with Amalgamated Stock

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Related Correlations Analysis

	ACNB	BCML	HBCP	AUBN	BFST	AMTB	BWB	CNOB	MSBI
ACNB		0.8	0.83	0.49	0.88	0.56	0.87	0.9	0.92	ACNB
BCML	0.8		0.83	0.76	0.9	0.71	0.78	0.77	0.79	BCML
HBCP	0.83	0.83		0.72	0.93	0.57	0.89	0.91	0.9	HBCP
AUBN	0.49	0.76	0.72		0.77	0.64	0.63	0.61	0.58	AUBN
BFST	0.88	0.9	0.93	0.77		0.75	0.84	0.94	0.91	BFST
AMTB	0.56	0.71	0.57	0.64	0.75		0.38	0.66	0.6	AMTB
BWB	0.87	0.78	0.89	0.63	0.84	0.38		0.86	0.89	BWB
CNOB	0.9	0.77	0.91	0.61	0.94	0.66	0.86		0.97	CNOB
MSBI	0.92	0.79	0.9	0.58	0.91	0.6	0.89	0.97		MSBI
	ACNB	BCML	HBCP	AUBN	BFST	AMTB	BWB	CNOB	MSBI

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Risk-Adjusted Indicators

There is a big difference between Amalgamated Stock performing well and Amalgamated Bank 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 Amalgamated Bank'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
ACNB	1.18	0.04	0.01	0.19	1.25	(1.26)	2.26	(2.03)	6.32
BCML	1.22	0.03	0.00	0.18	1.20	(1.39)	2.52	(2.05)	5.90
HBCP	1.35	0.28	0.23	0.34	0.85	(1.47)	3.01	(1.62)	14.27
AUBN	2.03	0.53	0.18	2.19	1.73	(2.62)	5.57	(3.24)	13.79
BFST	1.27	0.14	0.09	0.26	1.33	(1.34)	2.88	(2.79)	7.32
AMTB	1.64	0.06	0.02	0.20	2.73	(1.74)	3.68	(3.35)	17.50
BWB	1.47	0.24	0.14	0.33	1.46	(1.70)	4.20	(2.69)	9.03
CNOB	1.37	0.11	0.08	0.22	1.46	(1.46)	3.25	(2.15)	8.06
MSBI	1.58	0.22	0.11	0.36	1.57	(1.83)	3.57	(2.82)	12.66

Amalgamated Bank Corporate Management

Kenneth Schmidt	Executive Finance	Profile
Tyrone Graham	Executive Officer	Profile
Tanisa Williams	VP HR	Profile
Adrian Glace	Senior Officer	Profile

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