Farmers Related Correlations

FMFG Stock

USD 16.47 0.26 1.55%

Generate correlation matrix for Farmers and other related equities to check the degree to which Farmers and Merchants 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 Farmers and Merchants. 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 Farmers and Merchants. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

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Please note, there is a significant difference between Farmers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmers' 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

	BKRKY	LLDTF	WAL	JPPTY	BPIRY	EGFEY
BKRKY		0.18	-0.11	0.0	0.63	0.36	BKRKY
LLDTF	0.18		-0.2	0.0	0.19	0.09	LLDTF
WAL	-0.11	-0.2		0.0	-0.4	-0.54	WAL
JPPTY	0.0	0.0	0.0		0.0	0.0	JPPTY
BPIRY	0.63	0.19	-0.4	0.0		0.73	BPIRY
EGFEY	0.36	0.09	-0.54	0.0	0.73		EGFEY
	BKRKY	LLDTF	WAL	JPPTY	BPIRY	EGFEY

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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

EGFEY	+ 0.73	BPIRY
BPIRY	+ 0.63	BKRKY
EGFEY	+ 0.36	BKRKY
BPIRY	+ 0.19	LLDTF
LLDTF	+ 0.18	BKRKY
EGFEY	+ 0.09	LLDTF

High negative correlations

EGFEY	- 0.54	WAL
BPIRY	- 0.4	WAL
WAL	- 0.2	LLDTF
WAL	- 0.11	BKRKY
EGFEY	- 0.0	JPPTY
BPIRY	- 0.0	JPPTY

Risk-Adjusted Indicators

There is a big difference between Farmers Pink Sheet performing well and Farmers 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' 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
BKRKY	1.24	(0.17)	0.00	(0.16)	0.00	0.00	2.42	(2.89)	8.28
LLDTF	2.36	0.22	0.03	1.06	3.06	(3.96)	5.26	(6.25)	16.27
WAL	2.06	(0.25)	0.00	(0.05)	0.00	0.00	4.47	(5.76)	13.07
JPPTY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BPIRY	1.78	0.08	0.05	0.15	1.92	(1.97)	3.67	(2.91)	9.98
EGFEY	1.38	0.13	0.03	0.57	1.38	(2.43)	4.26	(2.15)	9.55

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Farmers Related Correlations

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Correlations

Correlation Matchups

Risk-Adjusted Indicators

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