Capital Bancorp Correlations

CBNK Stock

USD 28.63 0.14 0.49%

The current 90-days correlation between Capital Bancorp and Unity Bancorp is 0.75 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Capital Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capital Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Capital Bancorp Correlation With Market

Very weak diversification

The correlation between Capital Bancorp and DJI is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capital Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Capital Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capital 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 state.

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

Moving together with Capital Stock

0.77	601658	Postal Savings Bank	Pair Corr
0.82	FBNC	First Bancorp	Pair Corr
0.76	FFBC	First Financial Bancorp Normal Trading	Pair Corr
0.77	AUB	Atlantic Union Bankshares	Pair Corr
0.74	LDI	Loandepot	Pair Corr
0.84	NIC	Nicolet Bankshares	Pair Corr
0.87	OFG	OFG Bancorp	Pair Corr
0.89	GBCI	Glacier Bancorp	Pair Corr
0.94	INBK	First Internet Bancorp	Pair Corr
0.88	MTRO	Metro Bank PLC	Pair Corr
0.76	NBTB	NBT Bancorp	Pair Corr
0.84	SACH	Sachem Capital Corp	Pair Corr
0.81	SFBC	Sound Financial Bancorp	Pair Corr
0.84	BANR	Banner	Pair Corr
0.8	BYFC	Broadway Financial	Pair Corr
0.81	TRMK	Trustmark	Pair Corr
0.87	CARE	Carter Bank	Pair Corr

Moving against Capital Stock

0.92	SBID	State Bank	Pair Corr
0.8	601665	Qilu Bank	Pair Corr
0.75	HFBL	Home Federal Bancorp Normal Trading	Pair Corr
0.72	BIRG	Bank of Ireland	Pair Corr
0.71	601187	Xiamen Bank	Pair Corr
0.67	002966	Bank of Suzhou	Pair Corr
0.61	WBCPM	Westpac Banking Earnings Call This Week	Pair Corr
0.5	MBLPD	Macquarie Bank	Pair Corr
0.42	BOQPG	Bank of Queensland	Pair Corr
0.83	SHG	Shinhan Financial	Pair Corr
0.55	PBCRY	Bank Central Asia	Pair Corr
0.51	BKRKF	PT Bank Rakyat	Pair Corr
0.47	PPERY	Bank Mandiri Persero	Pair Corr
0.47	PBCRF	PT Bank Central	Pair Corr
0.46	TFSL	TFS Financial	Pair Corr
0.35	KB	KB Financial Group	Pair Corr
0.33	BFL	BSP Financial Group	Pair Corr
0.31	LB	Laurentian Bank	Pair Corr

Related Correlations Analysis

	UNTY	BWB	HBCP	RRBI	FBIZ	PFIS	FMNB	NFBK	PGC	NRIM
UNTY		0.36	0.75	0.26	0.6	0.92	0.71	0.73	0.86	0.38	UNTY
BWB	0.36		0.51	0.5	0.41	0.16	0.13	0.29	0.37	0.15	BWB
HBCP	0.75	0.51		0.62	0.86	0.76	0.35	0.44	0.58	0.62	HBCP
RRBI	0.26	0.5	0.62		0.72	0.21	-0.34	-0.19	-0.05	0.75	RRBI
FBIZ	0.6	0.41	0.86	0.72		0.58	0.1	0.2	0.31	0.8	FBIZ
PFIS	0.92	0.16	0.76	0.21	0.58		0.71	0.69	0.82	0.41	PFIS
FMNB	0.71	0.13	0.35	-0.34	0.1	0.71		0.93	0.89	-0.11	FMNB
NFBK	0.73	0.29	0.44	-0.19	0.2	0.69	0.93		0.84	0.01	NFBK
PGC	0.86	0.37	0.58	-0.05	0.31	0.82	0.89	0.84		0.01	PGC
NRIM	0.38	0.15	0.62	0.75	0.8	0.41	-0.11	0.01	0.01		NRIM
	UNTY	BWB	HBCP	RRBI	FBIZ	PFIS	FMNB	NFBK	PGC	NRIM

Please upgrade your account to get full access to Macroaxis premium features

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

NFBK	+ 0.93	FMNB
PFIS	+ 0.92	UNTY
PGC	+ 0.89	FMNB
PGC	+ 0.86	UNTY
FBIZ	+ 0.86	HBCP
PGC	+ 0.84	NFBK

High negative correlations

FMNB	- 0.34	RRBI
NFBK	- 0.19	RRBI
NRIM	- 0.11	FMNB
PGC	- 0.05	RRBI

Risk-Adjusted Indicators

There is a big difference between Capital Stock performing well and Capital 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 Capital 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
UNTY	1.50	(0.06)	(0.02)	0.02	2.09	(1.57)	3.47	(4.05)	11.20
BWB	1.55	0.07	0.05	0.12	1.67	(1.77)	3.67	(2.86)	11.00
HBCP	1.23	(0.06)	(0.02)	0.02	1.54	(1.39)	2.97	(2.40)	9.17
RRBI	1.30	0.07	0.06	0.12	1.41	(1.46)	3.40	(2.59)	7.75
FBIZ	1.18	(0.01)	0.00	0.06	1.44	(1.26)	3.04	(2.41)	8.01
PFIS	1.28	(0.15)	0.00	(0.08)	0.00	0.00	2.97	(2.69)	9.46
FMNB	1.14	(0.15)	0.00	(0.75)	0.00	0.00	2.72	(3.18)	7.92
NFBK	1.50	(0.09)	0.00	(0.31)	0.00	0.00	3.24	(3.56)	9.85
PGC	1.56	(0.13)	0.00	(0.02)	0.00	0.00	3.64	(3.17)	14.41
NRIM	1.57	0.05	0.01	0.20	1.84	(1.82)	3.93	(2.97)	10.28

Capital Bancorp Corporate Management

CPA CPA	Ex CFO	Profile
Steven Poynot	National Bank	Profile
Constance CPA	Principal Officer	Profile
Todd Warren	Senior Regions	Profile
James Witty	Senior Banking	Profile
Jacob Dalaya	Executive Officer	Profile
Anguel Lindarev	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