Federal National Correlations
| FNMAO Stock | USD 15.15 0.35 2.26% |
The current 90-days correlation between Federal National Mortgage and Federal Home Loan is 0.89 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Federal National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Federal National Mortgage moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Federal National Correlation With Market
Very weak diversification
The correlation between Federal National Mortgage and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federal National Mortgage and DJI in the same portfolio, assuming nothing else is changed.
Federal |
The ability to find closely correlated positions to Federal 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 Federal 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 Federal 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 Federal National Mortgage to buy it.
Moving together with Federal OTC Stock
| 1.0 | FMCCT | Federal Home Loan | PairCorr |
| 0.74 | COOP | Mr Cooper Group | PairCorr |
| 0.98 | FNMAS | Federal National Mortgage | PairCorr |
| 0.98 | FNMAT | Federal National Mortgage | PairCorr |
| 1.0 | FNMFN | Federal National Mortgage | PairCorr |
| 1.0 | FNMAN | Federal National Mortgage | PairCorr |
| 1.0 | FNMAM | Federal National Mortgage | PairCorr |
| 0.81 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.7 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.88 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.96 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.86 | WMT | Walmart Aggressive Push | PairCorr |
| 0.73 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.79 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
Moving against Federal OTC Stock
| 0.89 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.87 | RKT | Rocket Companies | PairCorr |
| 0.87 | BKRKY | Bank Rakyat | PairCorr |
| 0.86 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.82 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.79 | PBCRY | Bank Central Asia | PairCorr |
| 0.76 | UWMC | UWM Holdings Corp | PairCorr |
| 0.7 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.56 | PBCRF | PT Bank Central | PairCorr |
| 0.92 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.88 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.61 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Federal OTC Stock performing well and Federal National 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 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FMCKK | 3.73 | 1.80 | 0.64 | 8.13 | 1.38 | 5.55 | 77.57 | |||
| FMCCO | 3.83 | 1.10 | 0.37 | 0.29 | 1.94 | 9.21 | 69.34 | |||
| FMCCL | 4.55 | 1.11 | 0.32 | 0.27 | 2.77 | 11.37 | 80.93 | |||
| FNMFO | 5.70 | 1.94 | 0.14 | 38.40 | 4.34 | 16.33 | 118.39 | |||
| FMCCI | 4.17 | 1.05 | 0.35 | 0.26 | 3.03 | 8.30 | 73.48 | |||
| FNMAJ | 3.69 | 1.15 | 0.60 | 0.30 | 1.95 | 8.02 | 77.94 | |||
| FNMAG | 3.69 | 1.12 | 0.67 | 0.29 | 1.33 | 6.94 | 75.71 | |||
| FNMAL | 3.91 | 1.18 | 0.33 | 0.33 | 3.06 | 7.41 | 64.16 | |||
| FMCCM | 4.34 | 1.10 | 0.37 | 0.25 | 2.63 | 7.40 | 93.09 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Federal National 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.Did you try this?
Run Fundamental Analysis Now
Fundamental AnalysisView fundamental data based on most recent published financial statements |
| All Next | Launch Module |
Federal National Corporate Management
Elected by the shareholders, the Federal National's board of directors comprises two types of representatives: Federal National 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 National's management team and ensure that shareholders' interests are well served. Federal National'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 National's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ramon Richards | VP Officer | Profile | |
| Nancy Jardini | VP Officer | Profile | |
| Pete Bakel | Investor Relations | Profile | |
| Ryan CFA | Ex Officer | Profile | |
| Stergios Theologides | Gen VP | Profile |