HMN Financial Correlations
| HMNFDelisted Stock | USD 27.99 0.61 2.13% |
The current 90-days correlation between HMN Financial and HV Bancorp is 0.31 (i.e., Weak diversification). The correlation of HMN Financial 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.
HMN Financial Correlation With Market
Significant diversification
The correlation between HMN Financial and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding HMN Financial and DJI in the same portfolio, assuming nothing else is changed.
HMN |
Moving together with HMN Stock
| 0.69 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.65 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.66 | WMT | Walmart Aggressive Push | PairCorr |
| 0.73 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
Moving against HMN Stock
| 0.58 | BKRKY | Bank Rakyat | PairCorr |
| 0.57 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.56 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.55 | PBCRY | Bank Central Asia | PairCorr |
| 0.55 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.53 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.51 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.5 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.36 | PBCRF | PT Bank Central | 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 HMN Stock performing well and HMN Financial 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 HMN Financial'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HVBC | 1.51 | 0.33 | 0.08 | 2.99 | 2.03 | 2.68 | 18.63 | |||
| MGYR | 0.68 | 0.17 | 0.09 | 1.41 | 0.45 | 1.88 | 3.88 | |||
| OFED | 2.13 | (0.20) | 0.00 | 0.69 | 0.00 | 3.48 | 12.66 | |||
| CULL | 0.51 | (0.12) | 0.00 | 39.32 | 0.00 | 1.18 | 4.73 | |||
| HFBL | 1.56 | (0.16) | 0.00 | (0.27) | 0.00 | 3.75 | 17.43 | |||
| FFNW | 0.61 | (0.02) | (0.12) | 0.05 | 0.76 | 1.65 | 4.32 | |||
| FNWB | 1.65 | 0.02 | (0.01) | 0.14 | 1.74 | 4.11 | 14.21 | |||
| FCAP | 1.79 | (0.02) | (0.05) | 0.01 | 2.07 | 6.22 | 14.42 | |||
| CWBC | 1.03 | 0.00 | 0.02 | 0.11 | 1.12 | 2.53 | 9.14 | |||
| LSBK | 1.20 | 0.12 | (0.01) | (0.36) | 1.38 | 3.69 | 8.64 |
HMN Financial Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HMN Financial stock to make a market-neutral strategy. Peer analysis of HMN Financial could also be used in its relative valuation, which is a method of valuing HMN Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HMN Financial Corporate Executives
Elected by the shareholders, the HMN Financial's board of directors comprises two types of representatives: HMN Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HMN. The board's role is to monitor HMN Financial's management team and ensure that shareholders' interests are well served. HMN Financial'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, HMN Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jon Eberle | CFO, Principal Accounting Officer, Sr. VP, Treasurer, CFO of Home Federal Savings Bank, Executive VP of Home Federal Savings Bank and Treasurer of Home Federal Savings Bank | Profile | |
| Lawrence McGraw | COO of Home Federal Savings Bank and Executive VP of Home Federal Savings Bank | Profile |
Still Interested in HMN Financial?
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