Federal Home Correlations

FMCKP Stock

USD 6.90 0.10 1.43%

The current 90-days correlation between Federal Home Loan and Federal Home Loan is -0.1 (i.e., Good diversification). The correlation of Federal Home 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. If the correlation is 0, the equities are not correlated; they are entirely random.

The ability to find closely correlated positions to Federal Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federal Home 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 Federal Home - 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 Federal Home Loan to buy it.

Moving together with Federal OTC Stock

0.69	UWMC	UWM Holdings Corp	Pair Corr
0.91	FNMAM	Federal National Mortgage	Pair Corr
0.89	AMCCF	Amcor plc	Pair Corr
0.87	HPQ	HP Inc Fiscal Year End 19th of November 2024	Pair Corr
0.84	WMT	Walmart	Pair Corr
0.63	T	ATT Inc Earnings Call This Week	Pair Corr
0.69	PFE	Pfizer Inc Sell-off Trend	Pair Corr

Moving against Federal OTC Stock

0.92	UIS	Unisys	Pair Corr
0.78	GPOVF	Grupo Carso SAB	Pair Corr
0.7	XOM	Exxon Mobil Corp Financial Report 26th of July 2024	Pair Corr
0.65	CAT	Caterpillar Financial Report 6th of August 2024	Pair Corr
0.52	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.5	TRV	The Travelers Companies Sell-off Trend	Pair Corr
0.35	IBM	International Business Financial Report 17th of July 2024	Pair Corr

Related Correlations Analysis

	FMCCL	FMCKK	FNMFO	FMCCI	FMCCO	FMCCM	FMCCH
FMCCL		0.89	0.78	0.89	0.83	0.78	0.82	FMCCL
FMCKK	0.89		0.85	0.86	0.89	0.84	0.85	FMCKK
FNMFO	0.78	0.85		0.78	0.97	0.91	0.94	FNMFO
FMCCI	0.89	0.86	0.78		0.82	0.74	0.76	FMCCI
FMCCO	0.83	0.89	0.97	0.82		0.92	0.96	FMCCO
FMCCM	0.78	0.84	0.91	0.74	0.92		0.91	FMCCM
FMCCH	0.82	0.85	0.94	0.76	0.96	0.91		FMCCH
	FMCCL	FMCKK	FNMFO	FMCCI	FMCCO	FMCCM	FMCCH

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Risk-Adjusted Indicators

There is a big difference between Federal OTC Stock performing well and Federal Home 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 Federal Home'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
FMCCL	2.09	0.41	0.07	(4.45)	2.70	(3.89)	6.18	(6.67)	21.62
FMCKK	0.94	0.36	0.18	(1.58)	0.73	(1.65)	3.15	(1.33)	8.01
FNMFO	0.80	0.42	0.00	(2.13)	0.00	0.00	3.33	0.00	11.11
FMCCI	2.15	0.47	0.15	(0.48)	1.80	(4.52)	7.17	(3.85)	19.50
FMCCO	1.19	0.34	0.10	(0.97)	1.22	(2.81)	4.17	(1.61)	14.91
FMCCM	1.54	0.40	0.12	(1.00)	1.70	(2.80)	4.55	(2.65)	16.53
FMCCH	1.88	0.36	0.09	0.68	1.99	(3.12)	5.57	(4.51)	14.12

Be your own money manager

Our tools can tell you how much better you can do entering a position in Federal Home without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Federal Home Corporate Management

Elected by the shareholders, the Federal Home's board of directors comprises two types of representatives: Federal Home inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Federal. The board's role is to monitor Federal Home's management team and ensure that shareholders' interests are well served. Federal Home's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Federal Home's outside directors are responsible for providing unbiased perspectives on the board's policies.

Jerry Weiss	Chief Admin. Officer and Executive VP	Profile
Michael DeVito	CEO Director	Profile
Christian Lown	Ex CFO	Profile
Anil MBA	Ex Officer	Profile
Heidi Mason	Exec Counsel	Profile
Dennis Hermonstyne	VP Officer	Profile
Jeffrey Markowitz	Sr Communications	Profile

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