Community Bank Correlations
| CBOBADelisted Stock | USD 13.95 0.10 0.72% |
The current 90-days correlation between Community Bank and MF Bancorp is 0.07 (i.e., Significant diversification). The correlation of Community Bank 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.
Community Bank Correlation With Market
Modest diversification
The correlation between Community Bank and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Community Bank and DJI in the same portfolio, assuming nothing else is changed.
Community |
The ability to find closely correlated positions to Community Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Community Bank 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 Community Bank - 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 Community Bank to buy it.
Moving together with Community Pink Sheet
| 0.91 | USB-PH | US Bancorp | PairCorr |
| 0.84 | CNOBP | ConnectOne Bancorp | PairCorr |
| 0.82 | ZWS | Zurn Elkay Water | PairCorr |
| 0.71 | ESGLW | ESGL Holdings Limited | PairCorr |
| 0.65 | GLABF | Gemina Laboratories Earnings Call This Week | PairCorr |
| 0.81 | RWAYL | MSCI ACWI exAUCONSUMER | PairCorr |
| 0.72 | CTRN | Citi Trends | PairCorr |
| 0.64 | GM | General Motors | PairCorr |
| 0.79 | BSIG | Brightsphere Investment | PairCorr |
| 0.62 | BKV | BKV Corporation | PairCorr |
| 0.77 | FBMS | First Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.72 | RCMT | RCM Technologies | PairCorr |
| 0.69 | M | Macys Inc | PairCorr |
| 0.67 | 784730AB9 | US784730AB94 | PairCorr |
| 0.91 | MAR | Marriott International | PairCorr |
| 0.84 | PETS | PetMed Express | PairCorr |
Moving against Community Pink Sheet
| 0.93 | BKRKY | Bank Rakyat | PairCorr |
| 0.92 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.91 | BBAS3 | Banco do Brasil | PairCorr |
| 0.86 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.85 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.82 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.78 | BNPQY | BNP Paribas SA | PairCorr |
| 0.76 | BNPQF | BNP Paribas SA | PairCorr |
| 0.72 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.68 | EC | Ecopetrol SA ADR | PairCorr |
| 0.36 | FITBP | Fifth Third Bancorp | PairCorr |
| 0.82 | PBCRY | Bank Central Asia | PairCorr |
| 0.74 | PBCRF | PT Bank Central | PairCorr |
| 0.43 | AGLDF | Austral Gold Limited | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Community Pink Sheet performing well and Community Bank 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 Community Bank'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MFBP | 1.00 | 0.00 | 0.00 | 0.03 | 1.75 | 3.94 | 10.95 | |||
| MNMB | 0.75 | 0.00 | (0.01) | 0.03 | 1.34 | 1.30 | 11.13 | |||
| MNBO | 0.33 | 0.09 | 0.00 | (8.57) | 0.00 | 2.04 | 7.32 | |||
| UBAB | 0.86 | 0.17 | 0.12 | 0.34 | 0.78 | 2.49 | 6.24 | |||
| SFDL | 0.30 | (0.02) | 0.00 | (0.04) | 0.00 | 1.81 | 5.42 | |||
| PBKC | 0.23 | 0.09 | 0.00 | 10.95 | 0.00 | 1.13 | 2.73 | |||
| LBNW | 0.39 | 0.02 | 0.00 | 0.74 | 0.00 | 1.74 | 8.24 | |||
| FCCTP | 0.21 | 0.10 | 0.00 | 14.92 | 0.00 | 0.00 | 2.84 | |||
| CDAB | 0.63 | 0.17 | 0.00 | 0.93 | 0.00 | 3.33 | 8.33 |
View Community Bank Related Equities
| Risk & Return | Correlation |
Community Bank Corporate Management
| Mukhtar Ali | Ex Officer | Profile | |
| Wilbur Hobbs | VP Mang | Profile | |
| Daniel Northway | VP CFO | Profile | |
| Romeo Luz | VP Officer | Profile | |
| Eugene Jeanne | VP Controller | Profile | |
| Chaula Pandya | VP CTO | Profile | |
| Kay Adler | VP COO | Profile |
Still Interested in Community Bank?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.