AMB Financial Correlations
| AMFC Stock | USD 32.60 0.05 0.15% |
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
Poor diversification
The correlation between AMB Financial Corp and DJI is 0.74 (i.e., Poor 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
| 0.79 | COHG | Cheetah Oil Gas | PairCorr |
| 0.83 | BFDE | Bedford Energy | PairCorr |
| 0.72 | MRK | Merck Company Earnings Call This Week | PairCorr |
| 0.77 | WMT | Walmart Common Stock Aggressive Push | PairCorr |
| 0.82 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.93 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.83 | BA | Boeing Sell-off Trend | PairCorr |
| 0.84 | CAT | Caterpillar | PairCorr |
| 0.64 | PFE | Pfizer Inc Earnings Call This Week | PairCorr |
Moving against AMB Pink Sheet
| 0.84 | HPQ | HP Inc | PairCorr |
| 0.74 | T | ATT Inc Earnings Call This Week | PairCorr |
| 0.72 | MSFT | Microsoft | PairCorr |
| 0.59 | FSTF | First State Financial | PairCorr |
| 0.49 | MMM | 3M Company | PairCorr |
Related Correlations Analysis
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ELMA | 0.13 | 0.01 | 0.00 | (0.13) | 0.00 | 0.53 | 1.69 | |||
| CNBZ | 0.65 | 0.35 | 0.00 | (0.58) | 0.00 | 0.00 | 19.58 | |||
| HVLM | 0.10 | 0.04 | 0.00 | 1.50 | 0.00 | 0.00 | 2.01 | |||
| FSBH | 1.83 | 0.91 | 0.00 | (0.98) | 0.00 | 1.27 | 55.52 | |||
| BKUTK | 1.13 | 0.09 | 0.03 | 0.41 | 1.34 | 2.51 | 8.53 | |||
| EFSG | 0.94 | 0.29 | 0.00 | 0.52 | 0.00 | 0.27 | 24.02 | |||
| JFWV | 0.33 | 0.13 | 0.00 | (0.95) | 0.00 | 1.87 | 5.69 | |||
| FBPA | 0.47 | 0.11 | 0.00 | (0.46) | 0.00 | 1.88 | 11.25 | |||
| WOBK | 0.79 | 0.29 | 0.00 | 1.69 | 0.00 | 3.99 | 13.20 | |||
| RBNK | 0.79 | 0.35 | 0.00 | 3.03 | 0.00 | 4.00 | 9.97 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in AMB Financial 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 Portfolio Anywhere Now
Portfolio AnywhereTrack or share privately all of your investments from the convenience of any device |
| All Next | Launch Module |
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 |