Killbuck Bancshares Related Correlations

KLIB Stock

USD 159.99 39.99 33.33%

Generate correlation matrix for Killbuck Bancshares and other related equities to check the degree to which Killbuck Bancshares 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 Killbuck Bancshares. To filter out specific equities, please toggle its corresponding legend item. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Killbuck Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Specify up to 10 symbols:

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

	EOD	DHF	PHT	ERH	EAD	FAM	NCZ	MFD	FCT	AFT
EOD		0.81	0.96	0.93	0.24	0.91	0.71	0.48	0.87	0.8	EOD
DHF	0.81		0.86	0.75	0.61	0.81	0.74	0.6	0.68	0.62	DHF
PHT	0.96	0.86		0.92	0.35	0.93	0.7	0.48	0.88	0.8	PHT
ERH	0.93	0.75	0.92		0.21	0.92	0.67	0.6	0.82	0.81	ERH
EAD	0.24	0.61	0.35	0.21		0.26	0.68	0.57	0.03	-0.02	EAD
FAM	0.91	0.81	0.93	0.92	0.26		0.57	0.5	0.89	0.88	FAM
NCZ	0.71	0.74	0.7	0.67	0.68	0.57		0.62	0.41	0.3	NCZ
MFD	0.48	0.6	0.48	0.6	0.57	0.5	0.62		0.18	0.37	MFD
FCT	0.87	0.68	0.88	0.82	0.03	0.89	0.41	0.18		0.89	FCT
AFT	0.8	0.62	0.8	0.81	-0.02	0.88	0.3	0.37	0.89		AFT
	EOD	DHF	PHT	ERH	EAD	FAM	NCZ	MFD	FCT	AFT

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

PHT	+ 0.96	EOD
ERH	+ 0.93	EOD
FAM	+ 0.93	PHT
ERH	+ 0.92	PHT
FAM	+ 0.92	ERH
FAM	+ 0.91	EOD

High negative correlations

AFT

- 0.02

EAD

Risk-Adjusted Indicators

There is a big difference between Killbuck Pink Sheet performing well and Killbuck Bancshares 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 Killbuck Bancshares' 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
EOD	0.72	(0.01)	0.00	0.07	0.96	(0.71)	1.29	(1.46)	4.70
DHF	0.57	0.01	(0.03)	0.11	0.58	(0.76)	1.32	(0.87)	3.49
PHT	0.37	0.03	(0.03)	0.16	0.42	(0.42)	0.84	(0.83)	2.61
ERH	0.63	(0.01)	(0.04)	0.07	0.72	(0.70)	1.23	(1.32)	4.13
EAD	0.38	(0.04)	(0.14)	(0.01)	0.48	(0.43)	0.92	(0.94)	2.34
FAM	0.56	0.04	0.00	0.16	0.58	(0.62)	1.15	(1.23)	3.44
NCZ	0.79	(0.09)	(0.06)	0.00	1.17	(0.77)	1.09	(2.05)	4.61
MFD	0.70	(0.10)	0.00	(0.05)	0.00	0.00	1.25	(1.31)	4.37
FCT	0.40	0.08	0.06	0.36	0.12	(0.54)	0.90	(0.60)	2.38
AFT	0.45	0.10	0.06	0.54	0.40	(0.50)	1.11	(0.98)	3.24

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

2024 Macroaxis LLC

Killbuck Bancshares Related Correlations

Specify up to 10 symbols:

Correlations

Correlation Matchups

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY