Embassy Bancorp Related Correlations

EMYB Stock  USD 13.70  0.05  0.37%   
Generate correlation matrix for Embassy Bancorp and other related equities to check the degree to which Embassy Bancorp price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Embassy Bancorp. To filter out specific equities, please toggle its corresponding legend item. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Embassy Bancorp. Also, note that the market value of any OTC Stock could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
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Please note, there is a significant difference between Embassy Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Embassy Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Embassy Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

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Risk-Adjusted Indicators

There is a big difference between Embassy OTC Stock performing well and Embassy 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 Embassy 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.