FFB Bancorp Correlations

FFBB Stock

81.30 0.15 0.18%

The current 90-days correlation between FFB Bancorp and Integral Ad Science is 0.04 (i.e., Significant diversification). The correlation of FFB 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.

FFB Bancorp Correlation With Market

Modest diversification

The correlation between FFB Bancorp and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FFB Bancorp and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to FFB Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FFB Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FFB Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FFB Bancorp to buy it.

Moving together with FFB OTC Stock

0.69	AAPL	Apple Inc	Pair Corr
0.75	GOOG	Alphabet Class C	Pair Corr
0.64	AVGO	Broadcom	Pair Corr
0.74	AZASF	Arizona Silver Explo	Pair Corr
0.77	GNL-PB	Global Net Lease	Pair Corr
0.61	GUG	Guggenheim Active	Pair Corr
0.71	GRKZF	Greek Organization	Pair Corr
0.85	PSX	Phillips 66	Pair Corr
0.8	GLGDF	GoGold Resources	Pair Corr
0.75	WBS-PF	Webster Financial	Pair Corr
0.8	TYGO	Tigo Energy	Pair Corr
0.72	AUMBF	1911 Gold Corp	Pair Corr
0.82	HAWEL	Hawaiian Electric	Pair Corr
0.84	GSAT	Globalstar, Common Stock	Pair Corr
0.79	687785AB1	US687785AB10	Pair Corr
0.61	APELY	Alps Electric	Pair Corr
0.75	GUKYF	Gulf Keystone Petroleum	Pair Corr
0.72	ATGE	Adtalem Global Education	Pair Corr
0.76	RPTX	Repare Therapeutics	Pair Corr

Moving against FFB OTC Stock

0.43	BMYMP	Bristol Myers Squibb	Pair Corr
0.41	GMBKF	Gunma Bank	Pair Corr

Related Correlations Analysis

	IAS	PEP	BTI	PM	MO	NCMI	WDC
IAS		0.41	0.21	-0.35	0.61	-0.43	0.6	IAS
PEP	0.41		0.79	-0.51	0.71	-0.55	0.22	PEP
BTI	0.21	0.79		-0.47	0.77	-0.57	0.26	BTI
PM	-0.35	-0.51	-0.47		-0.57	0.12	-0.6	PM
MO	0.61	0.71	0.77	-0.57		-0.66	0.67	MO
NCMI	-0.43	-0.55	-0.57	0.12	-0.66		-0.13	NCMI
WDC	0.6	0.22	0.26	-0.6	0.67	-0.13		WDC
	IAS	PEP	BTI	PM	MO	NCMI	WDC

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

BTI	+ 0.79	PEP
MO	+ 0.77	BTI
MO	+ 0.71	PEP
WDC	+ 0.67	MO
MO	+ 0.61	IAS
WDC	+ 0.6	IAS

High negative correlations

NCMI	- 0.66	MO
WDC	- 0.6	PM
MO	- 0.57	PM
NCMI	- 0.57	BTI
NCMI	- 0.55	PEP
PM	- 0.51	PEP

Risk-Adjusted Indicators

There is a big difference between FFB OTC Stock performing well and FFB Bancorp OTC Stock 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 FFB 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
IAS	1.96	0.25	0.13	0.24	1.74	(2.28)	3.18	(3.55)	21.04
PEP	1.08	0.09	0.06	0.20	1.13	(1.27)	2.22	(1.58)	10.92
BTI	1.02	0.14	0.06	2.36	1.12	(1.07)	2.21	(1.52)	6.42
PM	1.22	(0.17)	0.00	0.82	0.00	0.00	1.74	(2.55)	10.12
MO	0.81	0.22	0.10	(1.00)	1.04	(0.82)	1.69	(1.87)	6.24
NCMI	1.93	(0.19)	0.00	(0.07)	0.00	0.00	3.33	(3.80)	9.63
WDC	1.83	1.09	0.63	3.10	0.75	(2.33)	5.42	(2.26)	12.88

FFB Bancorp Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FFB Bancorp otc stock to make a market-neutral strategy. Peer analysis of FFB Bancorp could also be used in its relative valuation, which is a method of valuing FFB Bancorp by comparing valuation metrics with similar companies.

Integral Ad Science PepsiCo British American Tobacco Philip Morris International Altria Group National CineMedia Western Digital American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp Chevron Corp

Risk & Return

Correlation

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