AMB Financial Correlations
| AMFCDelisted Stock | USD 20.05 0.20 0.99% |
The current 90-days correlation between AMB Financial Corp and First Community is 0.21 (i.e., Modest diversification). The correlation of AMB 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.
AMB Financial Correlation With Market
Significant diversification
The correlation between AMB Financial Corp and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AMB Financial Corp and DJI in the same portfolio, assuming nothing else is changed.
AMB |
The ability to find closely correlated positions to AMB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMB Financial 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 AMB Financial - 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 AMB Financial Corp to buy it.
Moving together with AMB Pink Sheet
Moving against AMB Pink Sheet
| 0.84 | VBNK | VersaBank Normal Trading | PairCorr |
| 0.83 | EBMT | Eagle Bancorp Montana Normal Trading | PairCorr |
| 0.82 | TECTP | Tectonic Financial | PairCorr |
| 0.81 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
| 0.8 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.78 | VBTX | Veritex Holdings Fiscal Year End 28th of January 2025 | PairCorr |
| 0.74 | EBTC | Enterprise Bancorp | PairCorr |
| 0.73 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.69 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
| 0.66 | ECBK | ECB Bancorp | PairCorr |
| 0.65 | CFG-PH | Citizens Financial Group, | PairCorr |
| 0.63 | AX | Axos Financial | PairCorr |
| 0.62 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.61 | VBFC | Village Bank | PairCorr |
| 0.58 | KB | KB Financial Group | PairCorr |
| 0.46 | VABK | Virginia National | PairCorr |
| 0.84 | WSBCP | WesBanco | PairCorr |
| 0.81 | EVBN | Evans Bancorp | PairCorr |
| 0.81 | WMPN | William Penn Bancorp | PairCorr |
| 0.75 | EQBK | Equity Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.72 | ESSA | ESSA Bancorp | PairCorr |
| 0.71 | KEY-PL | KeyCorp | PairCorr |
| 0.67 | KEY-PK | KeyCorp | PairCorr |
| 0.66 | WASH | Washington Trust Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.62 | WABC | Westamerica Bancorporation Fiscal Year End 16th of January 2025 | PairCorr |
| 0.58 | WNEB | Western New England Fiscal Year End 28th of January 2025 | PairCorr |
| 0.55 | KEY-PJ | KeyCorp | PairCorr |
| 0.5 | TFINP | Triumph Financial | PairCorr |
| 0.46 | BANC-PF | Banc of California | 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
|
Risk-Adjusted Indicators
There is a big difference between AMB Pink Sheet performing well and AMB 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 AMB 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FCCO | 1.23 | 0.15 | 0.10 | 0.28 | 1.02 | 3.05 | 10.76 | |||
| CWBC | 1.03 | (0.03) | 0.00 | 0.10 | 1.12 | 2.53 | 9.14 | |||
| FFNW | 0.59 | (0.06) | 0.00 | (0.05) | 0.00 | 1.36 | 4.32 | |||
| FNWB | 1.62 | (0.02) | (0.03) | 0.10 | 1.75 | 4.11 | 14.21 | |||
| HFBL | 1.56 | (0.17) | 0.00 | (0.27) | 0.00 | 3.75 | 17.43 | |||
| HTBK | 1.40 | (0.17) | (0.02) | 0.05 | 1.41 | 2.93 | 17.09 | |||
| LKFN | 1.68 | (0.12) | 0.01 | 0.07 | 1.69 | 3.84 | 14.38 | |||
| HFWA | 1.49 | (0.04) | 0.06 | 0.11 | 1.58 | 2.91 | 19.67 | |||
| GABC | 1.30 | (0.04) | 0.05 | 0.11 | 1.20 | 2.72 | 16.97 | |||
| MBWM | 1.80 | (0.15) | 0.02 | 0.07 | 2.00 | 3.92 | 22.73 |
AMB 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 AMB Financial pink sheet to make a market-neutral strategy. Peer analysis of AMB Financial could also be used in its relative valuation, which is a method of valuing AMB Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
AMB Financial Corporate Executives
Elected by the shareholders, the AMB Financial's board of directors comprises two types of representatives: AMB Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AMB. The board's role is to monitor AMB Financial's management team and ensure that shareholders' interests are well served. AMB 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, AMB Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven Bohn | CFO, VP, CFO of American Savings Bank and VP of American Savings Bank | Profile |
Still Interested in AMB Financial Corp?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.