Pioneer Bankshares Correlations
| PNBI Stock | USD 27.00 0.40 1.46% |
The current 90-days correlation between Pioneer Bankshares and Morningstar Unconstrained Allocation is -0.12 (i.e., Good diversification). The correlation of Pioneer Bankshares 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.
Pioneer Bankshares Correlation With Market
Very good diversification
The correlation between Pioneer Bankshares and DJI is -0.27 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pioneer Bankshares and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Pioneer Bankshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pioneer Bankshares 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 Pioneer Bankshares - 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 Pioneer Bankshares to buy it.
Moving together with Pioneer Pink Sheet
| 0.8 | USB-PH | US Bancorp | PairCorr |
| 0.79 | FSTF | First State Financial | PairCorr |
| 0.8 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.82 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.78 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.81 | DIS | Walt Disney | PairCorr |
| 0.78 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.66 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
Moving against Pioneer Pink Sheet
| 0.86 | BBAS3 | Banco do Brasil | PairCorr |
| 0.8 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.76 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.71 | BNPQY | BNP Paribas SA | PairCorr |
| 0.7 | BNPQF | BNP Paribas SA | PairCorr |
| 0.38 | FITBP | Fifth Third Bancorp | PairCorr |
| 0.8 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.78 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.43 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
| 0.31 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | 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 Pioneer Pink Sheet performing well and Pioneer Bankshares 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 Pioneer Bankshares' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MSTSX | 0.45 | 0.01 | (0.02) | 0.14 | 0.46 | 1.21 | 2.80 | |||
| XTWO | 0.08 | (0.02) | 0.00 | (9.29) | 0.00 | 0.12 | 0.53 | |||
| SVII | 0.18 | (0.01) | (0.04) | (0.03) | 0.39 | 0.44 | 4.77 | |||
| XTWY | 0.79 | (0.19) | 0.00 | 47.33 | 0.00 | 1.33 | 5.49 | |||
| SEGI | 10.83 | 2.00 | 0.12 | 11.63 | 11.38 | 28.57 | 62.86 | |||
| FPCG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KMX | 1.34 | 0.08 | 0.04 | 0.24 | 1.49 | 4.14 | 8.69 | |||
| SEIC | 0.80 | 0.35 | 0.35 | (24.94) | 0.46 | 1.57 | 7.23 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pioneer Bankshares 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?
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Pioneer Bankshares Corporate Management
| Mark JD | CEO Pres | Profile | |
| Loretta CRISC | VP Officer | Profile | |
| Beth Painter | Assistant VP | Profile | |
| Donna Pendergast | VP Officer | Profile | |
| Reid MBA | VP Bank | Profile | |
| CPA CGMA | Corp VP | Profile | |
| Melissa CPA | Corp VP | Profile |