First National Correlations
| FINN Stock | USD 12,100 100.00 0.82% |
The current 90-days correlation between First National and First Bancshares is -0.08 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First National of moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
First National Correlation With Market
Good diversification
The correlation between First National of and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First National of and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to First National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First National 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 First National - 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 First National of to buy it.
Moving together with First Pink Sheet
| 0.68 | SSNLF | Samsung Electronics | PairCorr |
| 0.65 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.65 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.61 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.63 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
Moving against First Pink Sheet
| 0.68 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.68 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.68 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.67 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.64 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.64 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.63 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.62 | BKRKY | Bank Rakyat | PairCorr |
| 0.47 | PG | Procter Gamble Sell-off Trend | PairCorr |
| 0.38 | PBCRY | Bank Central Asia | PairCorr |
| 0.38 | PBCRF | PT Bank Central | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between First Pink Sheet performing well and First National 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 First National'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FBSI | 0.85 | 0.13 | 0.00 | (0.52) | 0.00 | 3.37 | 15.57 | |||
| WBZB | 0.28 | 0.08 | 0.00 | 0.31 | 0.00 | 0.00 | 5.88 | |||
| NACB | 101.15 | 50.27 | 0.67 | (0.94) | 38.54 | 301.21 | 377.97 | |||
| CMHF | 0.40 | 0.05 | (0.05) | 0.58 | 0.50 | 2.20 | 4.86 | |||
| CIWV | 1.09 | 0.39 | 0.00 | 4.64 | 0.00 | 4.22 | 18.86 | |||
| LWCL | 0.41 | 0.15 | 0.00 | 0.41 | 0.00 | 1.79 | 5.26 | |||
| BOID | 0.39 | 0.13 | 0.00 | 6.27 | 0.00 | 1.54 | 6.38 | |||
| NODB | 0.35 | 0.14 | (0.01) | (0.65) | 0.41 | 0.96 | 7.28 | |||
| FSDK | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FMFP | 0.95 | (0.25) | 0.00 | 0.38 | 0.00 | 0.00 | 14.87 |
Be your own money manager
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First National Corporate Management
| Nicholas Baxter | Chief VP | Profile | |
| David Cota | Ex VP | Profile | |
| Jerry OFlanagan | Ex VP | Profile | |
| Michael Foutch | COO EVP | Profile | |
| Michael Summers | Ex CFO | Profile | |
| Jeffrey Sims | Chief VP | Profile | |
| Clarkson Lauritzen | Chairman Pres | Profile |