Farmers Merchants Correlations

FMAO Stock

USD 23.90 0.23 0.97%

The current 90-days correlation between Farmers Merchants Bancorp and West Bancorporation is 0.65 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Farmers Merchants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Farmers Merchants Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Farmers Merchants Correlation With Market

Poor diversification

The correlation between Farmers Merchants Bancorp and DJI is 0.65 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Farmers Merchants Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Farmers Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmers Merchants 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 nation.

Moving together with Farmers Stock

0.83	WTFC	Wintrust Financial	Pair Corr
0.81	CFR	CullenFrost Bankers	Pair Corr
0.66	FHN	First Horizon National	Pair Corr
0.9	ONB	Old National Bancorp	Pair Corr
0.86	SSB	SouthState	Pair Corr
0.89	WAL	Western Alliance Ban	Pair Corr
0.88	WBS	Webster Financial	Pair Corr
0.89	NFBK	Northfield Bancorp	Pair Corr
0.88	NKSH	National Bankshares	Pair Corr
0.79	NRIM	Northrim BanCorp	Pair Corr
0.76	BPOP	Popular	Pair Corr
0.61	CBSH	Commerce Bancshares	Pair Corr
0.88	UMBF	UMB Financial	Pair Corr
0.67	ARE	Alexandria Real Estate	Pair Corr
0.75	MSI	Motorola Solutions Earnings Call This Week	Pair Corr

Moving against Farmers Stock

0.46	SBID	State Bank Earnings Call This Week	Pair Corr
0.65	AEP	American Electric Power	Pair Corr
0.63	EXC	Exelon	Pair Corr
0.55	BWXT	BWX Technologies Earnings Call This Week	Pair Corr
0.46	DSKYF	Daiichi Sankyo	Pair Corr
0.33	BKKPF	Bangkok Bank Public	Pair Corr

Related Correlations Analysis

	WTBA	OBT	USCB	BWFG	MVBF	BCML	PBFS	SFST	CBAN	CZNC
WTBA		0.42	0.75	0.86	0.64	0.46	0.84	0.75	0.52	0.65	WTBA
OBT	0.42		0.61	0.53	-0.19	0.94	0.56	0.83	0.83	0.89	OBT
USCB	0.75	0.61		0.68	0.37	0.64	0.76	0.77	0.62	0.79	USCB
BWFG	0.86	0.53	0.68		0.49	0.61	0.86	0.77	0.76	0.66	BWFG
MVBF	0.64	-0.19	0.37	0.49		-0.13	0.55	0.21	0.01	0.13	MVBF
BCML	0.46	0.94	0.64	0.61	-0.13		0.62	0.85	0.89	0.91	BCML
PBFS	0.84	0.56	0.76	0.86	0.55	0.62		0.74	0.66	0.75	PBFS
SFST	0.75	0.83	0.77	0.77	0.21	0.85	0.74		0.82	0.9	SFST
CBAN	0.52	0.83	0.62	0.76	0.01	0.89	0.66	0.82		0.8	CBAN
CZNC	0.65	0.89	0.79	0.66	0.13	0.91	0.75	0.9	0.8		CZNC
	WTBA	OBT	USCB	BWFG	MVBF	BCML	PBFS	SFST	CBAN	CZNC

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

BCML	+ 0.94	OBT
CZNC	+ 0.91	BCML
CZNC	+ 0.9	SFST
CZNC	+ 0.89	OBT
CBAN	+ 0.89	BCML
BWFG	+ 0.86	WTBA

High negative correlations

MVBF	- 0.19	OBT
BCML	- 0.13	MVBF

Risk-Adjusted Indicators

There is a big difference between Farmers Stock performing well and Farmers Merchants 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 Farmers Merchants' 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
WTBA	1.36	0.09	0.10	0.16	1.44	(1.60)	3.43	(2.02)	11.48
OBT	1.52	(0.22)	0.00	(0.01)	0.00	0.00	2.86	(3.01)	8.85
USCB	1.39	(0.15)	(0.02)	0.03	1.55	(1.47)	3.01	(2.78)	10.85
BWFG	1.18	(0.01)	0.02	0.10	1.40	(1.19)	2.41	(2.04)	9.10
MVBF	1.17	0.08	0.06	0.18	1.22	(1.28)	3.05	(2.26)	8.58
BCML	1.15	(0.12)	(0.05)	0.02	1.41	(1.35)	2.85	(2.23)	12.21
PBFS	0.79	0.02	(0.01)	0.13	0.92	(0.87)	1.96	(1.84)	6.52
SFST	1.39	(0.13)	(0.01)	0.04	1.44	(1.74)	3.53	(2.13)	11.09
CBAN	1.34	(0.21)	0.00	(0.01)	0.00	0.00	3.04	(2.69)	10.11
CZNC	1.09	(0.10)	(0.04)	0.03	1.22	(1.18)	2.10	(2.27)	7.95

Farmers Merchants Corporate Management

Alexis Smith	Senior Officer	Profile
David Gerken	Executive Officer	Profile
Michael Schnitkey	Senior Manager	Profile
Benet Rupp	Executive Officer	Profile
Tim Carsey	Senior 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