Federal Agricultural Correlations

AGM Stock

USD 213.47 2.16 1.02%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Federal Agricultural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Federal Agricultural Mortgage moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Federal Agricultural Correlation With Market

Poor diversification

The correlation between Federal Agricultural Mortgage and DJI is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federal Agricultural Mortgage and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Federal Agricultural Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Federal Stock

0.87	V	Visa Class A	Pair Corr
0.88	DHIL	Diamond Hill Investment	Pair Corr
0.82	DIST	Distoken Acquisition	Pair Corr
0.74	BN	Brookfield Corp	Pair Corr
0.76	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.62	CG	Carlyle Group	Pair Corr
0.93	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.84	LC	LendingClub Corp	Pair Corr
0.73	MA	Mastercard	Pair Corr
0.89	MC	Moelis	Pair Corr
0.82	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.74	PX	P10 Inc	Pair Corr
0.62	QD	Qudian Inc	Pair Corr
0.8	SF	Stifel Financial Fiscal Year End 22nd of January 2025	Pair Corr
0.85	WT	WisdomTree	Pair Corr
0.8	VCTR	Victory Capital Holdings	Pair Corr
0.67	VINP	Vinci Partners Inves	Pair Corr
0.83	VIRT	Virtu Financial Fiscal Year End 23rd of January 2025	Pair Corr
0.9	VRTS	Virtus Investment	Pair Corr

Moving against Federal Stock

0.44	PT	Pintec Technology	Pair Corr
0.33	LU	Lufax Holding	Pair Corr
0.68	WU	Western Union Sell-off Trend	Pair Corr
0.63	XP	Xp Inc	Pair Corr
0.47	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.38	EARN	Ellington Residential	Pair Corr
0.37	PWUPU	PowerUp Acquisition Corp	Pair Corr

Related Correlations Analysis

	AGM-A	AGM-PD	AGM-PG	AGM-PE	AGM-PF	IX	FCFS	SLM	NAVI
AGM-A		-0.01	-0.04	-0.01	-0.01	-0.36	-0.46	0.32	-0.34	AGM-A
AGM-PD	-0.01		0.9	0.91	0.91	-0.1	0.09	-0.36	-0.04	AGM-PD
AGM-PG	-0.04	0.9		0.9	0.96	0.09	0.3	-0.35	0.1	AGM-PG
AGM-PE	-0.01	0.91	0.9		0.9	0.03	0.23	-0.39	0.07	AGM-PE
AGM-PF	-0.01	0.91	0.96	0.9		0.05	0.28	-0.38	0.07	AGM-PF
IX	-0.36	-0.1	0.09	0.03	0.05		0.87	-0.54	0.57	IX
FCFS	-0.46	0.09	0.3	0.23	0.28	0.87		-0.51	0.7	FCFS
SLM	0.32	-0.36	-0.35	-0.39	-0.38	-0.54	-0.51		-0.05	SLM
NAVI	-0.34	-0.04	0.1	0.07	0.07	0.57	0.7	-0.05		NAVI
	AGM-A	AGM-PD	AGM-PG	AGM-PE	AGM-PF	IX	FCFS	SLM	NAVI

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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

AGM-PF	+ 0.96	AGM-PG
AGM-PE	+ 0.91	AGM-PD
AGM-PF	+ 0.91	AGM-PD
AGM-PG	+ 0.9	AGM-PD
AGM-PE	+ 0.9	AGM-PG
AGM-PF	+ 0.9	AGM-PE

High negative correlations

SLM	- 0.54	IX
SLM	- 0.51	FCFS
FCFS	- 0.46	AGM-A
SLM	- 0.39	AGM-PE
SLM	- 0.38	AGM-PF
SLM	- 0.36	AGM-PD

Risk-Adjusted Indicators

There is a big difference between Federal Stock performing well and Federal Agricultural 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 Federal Agricultural'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
AGM-A	1.17	0.35	0.16	10.57	0.61	(2.18)	3.43	(1.81)	12.97
AGM-PD	0.66	(0.06)	0.00	(0.83)	0.00	0.00	1.12	(1.64)	3.55
AGM-PG	0.79	(0.04)	0.00	0.33	0.00	0.00	1.57	(1.72)	5.44
AGM-PE	0.28	(0.02)	0.00	(0.12)	0.00	0.00	0.67	(0.64)	1.84
AGM-PF	0.68	(0.08)	0.00	(1.23)	0.00	0.00	1.19	(1.65)	3.84
IX	1.14	(0.21)	0.00	(0.19)	0.00	0.00	2.12	(2.89)	7.11
FCFS	1.16	(0.20)	0.00	(0.09)	0.00	0.00	2.52	(2.42)	9.46
SLM	1.70	0.11	0.15	0.18	1.44	(2.02)	3.71	(2.59)	15.03
NAVI	1.60	(0.28)	0.00	(0.02)	0.00	0.00	2.95	(3.50)	13.67

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