Pathfinder Bancorp Correlations

PBHC Stock

USD 15.16 0.24 1.56%

The correlation of Pathfinder Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Pathfinder Bancorp Correlation With Market

Average diversification

The correlation between Pathfinder Bancorp and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pathfinder Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Pathfinder Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pathfinder 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 rate.

For information on how to trade Pathfinder Stock refer to our How to Trade Pathfinder Stock guide.

Moving together with Pathfinder Stock

0.73	BY	Byline Bancorp Earnings Call Today	Pair Corr
0.62	PB	Prosperity Bancshares Earnings Call Today	Pair Corr
0.62	RF	Regions Financial	Pair Corr
0.7	VBTX	Veritex Holdings	Pair Corr
0.79	TFC-PI	Truist Financial	Pair Corr
0.84	TFC-PO	Truist Financial	Pair Corr
0.78	TFC-PR	Truist Financial	Pair Corr
0.79	EBTC	Enterprise Bancorp	Pair Corr
0.7	CFG-PE	Citizens Financial	Pair Corr
0.65	CFG-PH	Citizens Financial Group,	Pair Corr
0.79	EFSC	Enterprise Financial	Pair Corr
0.73	KEY-PJ	KeyCorp	Pair Corr
0.73	KEY-PK	KeyCorp	Pair Corr
0.69	KEY-PL	KeyCorp	Pair Corr
0.67	WASH	Washington Trust Bancorp	Pair Corr
0.7	BANC-PF	Banc of California	Pair Corr
0.67	EQBK	Equity Bancshares,	Pair Corr
0.76	ESSA	ESSA Bancorp	Pair Corr
0.74	TFINP	Triumph Financial	Pair Corr
0.7	EVBN	Evans Bancorp Earnings Call This Week	Pair Corr
0.75	WNEB	Western New England	Pair Corr

Moving against Pathfinder Stock

0.58	VBFC	Village Bank Earnings Call Tomorrow	Pair Corr
0.33	ECBK	ECB Bancorp	Pair Corr
0.32	TECTP	Tectonic Financial	Pair Corr

Related Correlations Analysis

	CULL	HMNF	HFBL	HVBC	LSBK	MGYR	OFED	CWBC
CULL		0.0	0.0	0.0	0.0	0.0	0.0	0.0	CULL
HMNF	0.0		0.0	0.0	0.0	0.0	0.0	0.0	HMNF
HFBL	0.0	0.0		0.0	-0.01	-0.39	0.0	-0.45	HFBL
HVBC	0.0	0.0	0.0		0.0	0.0	0.0	0.0	HVBC
LSBK	0.0	0.0	-0.01	0.0		0.35	0.0	0.34	LSBK
MGYR	0.0	0.0	-0.39	0.0	0.35		0.0	0.73	MGYR
OFED	0.0	0.0	0.0	0.0	0.0	0.0		0.0	OFED
CWBC	0.0	0.0	-0.45	0.0	0.34	0.73	0.0		CWBC
	CULL	HMNF	HFBL	HVBC	LSBK	MGYR	OFED	CWBC

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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

CWBC	+ 0.73	MGYR
MGYR	+ 0.35	LSBK
CWBC	+ 0.34	LSBK
HMNF	+ 0.0	CULL
HFBL	+ 0.0	CULL
HVBC	+ 0.0	CULL

High negative correlations

CWBC	- 0.45	HFBL
MGYR	- 0.39	HFBL
LSBK	- 0.01	HFBL
CWBC	- 0.0	OFED
OFED	- 0.0	MGYR
OFED	- 0.0	LSBK

Risk-Adjusted Indicators

There is a big difference between Pathfinder Stock performing well and Pathfinder 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 Pathfinder 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
CULL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HMNF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HFBL	1.41	0.07	0.08	(0.43)	1.98	(1.83)	3.78	(3.95)	13.32
HVBC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LSBK	1.75	0.24	0.15	0.36	1.78	(2.17)	3.33	(3.10)	23.72
MGYR	1.01	(0.08)	0.00	(1.93)	0.00	0.00	2.15	(2.62)	6.68
OFED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWBC	1.06	(0.22)	0.00	(7.74)	0.00	0.00	2.28	(2.17)	11.21

Pathfinder Bancorp Corporate Executives

Elected by the shareholders, the Pathfinder Bancorp's board of directors comprises two types of representatives: Pathfinder Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pathfinder. The board's role is to monitor Pathfinder Bancorp's management team and ensure that shareholders' interests are well served. Pathfinder Bancorp'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, Pathfinder Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.

Justin CPA	Senior CFO	Profile
Justin Bigham	Senior CFO	Profile
Robert Butkowski	Senior COO	Profile

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