Farmers Merchants Correlations

FMCB Stock

USD 1,094 44.50 4.24%

The current 90-days correlation between Farmers Merchants Bancorp and Alpine Banks of is -0.16 (i.e., Good diversification). The correlation of Farmers Merchants 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.

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

Moving against Farmers OTC Stock

0.55	PBCRY	Bank Central Asia	Pair Corr
0.53	PBCRF	PT Bank Central	Pair Corr
0.49	PPERY	Bank Mandiri Persero	Pair Corr
0.42	BKRKY	Bank Rakyat	Pair Corr
0.42	TLK	Telkom Indonesia Tbk	Pair Corr
0.34	PPERF	Bank Mandiri Persero	Pair Corr
0.34	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr

Related Correlations Analysis

	PSBQ	EFSI	NACB	CMHF	CIWV	FFWC	FABP	LOGN	ALPIB
PSBQ		0.3	-0.19	0.5	0.58	0.76	-0.04	-0.25	0.73	PSBQ
EFSI	0.3		-0.11	0.69	0.47	0.0	0.79	0.1	0.72	EFSI
NACB	-0.19	-0.11		-0.13	-0.31	-0.41	0.27	0.35	-0.14	NACB
CMHF	0.5	0.69	-0.13		0.59	0.26	0.54	-0.21	0.74	CMHF
CIWV	0.58	0.47	-0.31	0.59		0.55	0.33	-0.5	0.7	CIWV
FFWC	0.76	0.0	-0.41	0.26	0.55		-0.37	-0.68	0.53	FFWC
FABP	-0.04	0.79	0.27	0.54	0.33	-0.37		0.44	0.45	FABP
LOGN	-0.25	0.1	0.35	-0.21	-0.5	-0.68	0.44		-0.18	LOGN
ALPIB	0.73	0.72	-0.14	0.74	0.7	0.53	0.45	-0.18		ALPIB
	PSBQ	EFSI	NACB	CMHF	CIWV	FFWC	FABP	LOGN	ALPIB

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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

FABP	+ 0.79	EFSI
FFWC	+ 0.76	PSBQ
ALPIB	+ 0.74	CMHF
ALPIB	+ 0.73	PSBQ
ALPIB	+ 0.72	EFSI
ALPIB	+ 0.7	CIWV

High negative correlations

LOGN	- 0.68	FFWC
LOGN	- 0.5	CIWV
FFWC	- 0.41	NACB
FABP	- 0.37	FFWC
CIWV	- 0.31	NACB
LOGN	- 0.25	PSBQ

Risk-Adjusted Indicators

There is a big difference between Farmers OTC Stock performing well and Farmers Merchants 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 Farmers Merchants' 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
PSBQ	0.53	0.18	0.07	(3.24)	0.00	(1.13)	1.92	(0.99)	5.36
EFSI	0.63	0.07	(0.04)	27.29	0.63	(1.11)	1.37	(1.22)	4.23
NACB	107.14	52.13	0.73	(1.42)	38.54	(189.75)	304.85	(76.39)	381.80
CMHF	0.41	0.09	(0.01)	0.60	0.40	(0.77)	2.20	(0.33)	4.86
CIWV	1.13	0.41	0.00	5.46	0.00	0.00	4.22	(0.74)	18.86
FFWC	0.48	0.19	0.00	(3.76)	0.00	0.00	1.91	(0.62)	4.91
FABP	0.74	(0.01)	0.00	0.19	0.00	0.00	1.43	(2.47)	6.73
LOGN	0.87	0.07	(0.02)	(0.81)	1.07	(3.90)	3.85	(2.50)	9.42
ALPIB	0.58	0.14	0.02	1.17	0.79	(0.90)	2.04	(0.87)	5.69

Be your own money manager

Our tools can tell you how much better you can do entering a position in Farmers Merchants 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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Farmers Merchants Corporate Executives

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

Stephen Haley

CFO, Executive VP, Secretary, CFO of Farmers and Merchants Bank - Central California, Executive VP of Farmers and Merchants Bank - Central California and Secretary of Farmers and Merchants Bank - Central California

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