Territorial Bancorp Correlations
| 9TB Stock | EUR 10.00 0.05 0.50% |
The current 90-days correlation between Territorial Bancorp and Gamma Communications plc is 0.01 (i.e., Significant diversification). The correlation of Territorial Bancorp 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.
Territorial Bancorp Correlation With Market
Very weak diversification
The correlation between Territorial Bancorp and DJI is 0.57 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Territorial Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Territorial |
The ability to find closely correlated positions to Territorial Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Territorial Bancorp 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 Territorial Bancorp - 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 Territorial Bancorp to buy it.
Moving together with Territorial Stock
| 0.68 | QC1 | New York Community | PairCorr |
| 0.69 | PQ3 | Provident Financial | PairCorr |
| 0.69 | NHS | Northwest Bancshares | PairCorr |
| 0.72 | CFW | Capitol Federal Financial | PairCorr |
| 0.85 | 3CP | Xiaomi | PairCorr |
| 0.83 | OYC | DELTA AIR LINES | PairCorr |
| 0.79 | MOB | Monster Beverage Corp | PairCorr |
| 0.74 | IZ1 | First Quantum Minerals | PairCorr |
| 0.77 | 8LCA | LendingClub | PairCorr |
| 0.81 | 206G | HUATEI SECSCO GDR | PairCorr |
| 0.8 | RY4C | Ryanair Holdings plc | PairCorr |
| 0.73 | UF2 | Sunstone Hotel Investors | PairCorr |
| 0.79 | GOS | Goldman Sachs | PairCorr |
| 0.8 | SV2 | Selective Insurance | PairCorr |
| 0.61 | MGC | MGIC INVESTMENT | PairCorr |
| 0.8 | PKA | Packagingof America | PairCorr |
| 0.7 | 43D | Darling Ingredients | PairCorr |
| 0.86 | BN9 | Bank of New York Mellon | PairCorr |
| 0.85 | FOO | Salesforce | PairCorr |
| 0.78 | 7D8 | BROOKFBH 462 PRSNU | PairCorr |
| 0.72 | WED | Webster Financial | PairCorr |
| 0.72 | 1YD | Broadcom Earnings Call Tomorrow | PairCorr |
| 0.75 | 8II | PLAYTIKA HOLDING | PairCorr |
| 0.73 | 1XV | AXWAY SOFTWARE EO | PairCorr |
Moving against Territorial Stock
| 0.84 | SSU | Samsung Electronics | PairCorr |
| 0.83 | SSU | Samsung Electronics | PairCorr |
| 0.77 | SSUN | Samsung Electronics | PairCorr |
| 0.77 | SSUN | Samsung Electronics | PairCorr |
| 0.68 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.68 | BYRA | PT Bank Rakyat | PairCorr |
| 0.58 | PQ9 | PT Bank Mandiri | PairCorr |
| 0.56 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.55 | BYRA | PT Bank Rakyat | 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 Territorial Stock performing well and Territorial Bancorp 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 Territorial Bancorp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 6GC | 1.32 | 0.09 | 0.00 | 0.72 | 1.32 | 2.56 | 16.76 | |||
| CNJ | 1.31 | 0.16 | 0.04 | 1.82 | 1.40 | 2.78 | 7.24 | |||
| T1D | 3.32 | (0.09) | 0.00 | 0.47 | 0.00 | 8.00 | 22.71 | |||
| 2UA | 0.96 | (0.10) | 0.00 | (0.08) | 0.00 | 1.94 | 10.73 | |||
| CHWD | 0.72 | 0.00 | (0.04) | 0.11 | 0.95 | 1.16 | 7.89 | |||
| 2UA0 | 0.93 | (0.11) | 0.00 | (0.08) | 0.00 | 1.72 | 11.13 | |||
| LGA | 1.44 | (0.25) | 0.00 | (0.70) | 0.00 | 3.45 | 10.39 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Territorial Bancorp 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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Territorial Bancorp Corporate Management
Elected by the shareholders, the Territorial Bancorp's board of directors comprises two types of representatives: Territorial Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Territorial. The board's role is to monitor Territorial Bancorp's management team and ensure that shareholders' interests are well served. Territorial Bancorp'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, Territorial Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Walter Ida | Director VP | Profile | |
| Dennis Hironaka | VP Audit | Profile | |
| Robert Costa | VP Admin | Profile | |
| Ralph Nakatsuka | Vice CoCOO | Profile | |
| Melvin Miyamoto | Treasurer VP | Profile | |
| Stanley Tanaka | Regulatory Admin | Profile | |
| Vernon Hirata | Gen Chairman | Profile |