Apollo Bancorp Correlations
| APLO Stock | USD 54.99 0.00 0.00% |
The current 90-days correlation between Apollo Bancorp and Commercial National Financial is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apollo Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apollo Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Apollo Bancorp Correlation With Market
Poor diversification
The correlation between Apollo Bancorp and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Apollo Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Apollo |
The ability to find closely correlated positions to Apollo 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 Apollo 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 Apollo 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 Apollo Bancorp to buy it.
Moving together with Apollo Pink Sheet
| 0.71 | CIHHF | China Merchants Bank | PairCorr |
| 0.61 | FITBP | Fifth Third Bancorp | PairCorr |
| 0.79 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.91 | MFG | Mizuho Financial | PairCorr |
| 0.74 | BBAS3 | Banco do Brasil | PairCorr |
| 0.86 | ITUB | Itau Unibanco Banco | PairCorr |
| 0.86 | PNC | PNC Financial Services | PairCorr |
| 0.87 | NNBR | NN Inc | PairCorr |
| 0.63 | FRFFF | Fairfax Financial | PairCorr |
| 0.76 | MEGI | MainStay CBRE Global | PairCorr |
| 0.89 | FRSB | First Resource Bank | PairCorr |
| 0.8 | GRBK | Green Brick Partners Earnings Call This Week | PairCorr |
| 0.9 | LAND | Gladstone Land Earnings Call This Week | PairCorr |
| 0.85 | TOGOF | TomaGold | PairCorr |
| 0.69 | GS | Goldman Sachs Group | PairCorr |
| 0.86 | BNEFF | Bonterra Energy Corp | PairCorr |
| 0.69 | MXCHY | Orbia Advance Corp | PairCorr |
| 0.62 | UMAC | Unusual Machines Tech Boost | PairCorr |
| 0.86 | JOE | St Joe Company Earnings Call This Week | PairCorr |
| 0.64 | PLSE | Pulse Biosciences | PairCorr |
| 0.69 | PRTS | CarPartsCom | PairCorr |
| 0.79 | MEEEF | Metal Energy Corp | PairCorr |
| 0.78 | BBDO | Banco Bradesco SA | PairCorr |
Moving against Apollo Pink Sheet
| 0.77 | HDB | HDFC Bank Limited | PairCorr |
| 0.75 | EQC | Equity Commonwealth | PairCorr |
| 0.65 | ROBOF | RoboGroup TEK | PairCorr |
| 0.57 | CIHKY | China Merchants Bank | PairCorr |
| 0.35 | CDIV | Cascadia Investments | PairCorr |
| 0.34 | JSHG | Joshua Gold Resources | PairCorr |
| 0.65 | AFIIQ | Armstrong Flooring | 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
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Risk-Adjusted Indicators
There is a big difference between Apollo Pink Sheet performing well and Apollo 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 Apollo 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CNAF | 0.72 | 0.16 | 0.08 | 2.60 | 0.70 | 2.21 | 5.35 | |||
| FRFC | 0.85 | 0.31 | 0.08 | (0.89) | 0.67 | 3.15 | 9.68 | |||
| WVFC | 1.08 | 0.15 | 0.03 | 0.75 | 1.65 | 3.66 | 11.84 | |||
| LKSB | 0.76 | 0.08 | 0.00 | 2.70 | 0.00 | 4.17 | 11.92 | |||
| SSBP | 1.26 | 0.39 | 0.06 | 31.95 | 1.42 | 4.46 | 13.73 | |||
| QNTO | 1.44 | 0.80 | 0.44 | (6.13) | 0.00 | 4.86 | 12.70 | |||
| CBHC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| UNIF | 0.36 | (0.17) | 0.00 | 1.63 | 0.00 | 0.26 | 4.10 | |||
| EFSG | 1.20 | 0.31 | 0.07 | 0.49 | 1.14 | 3.09 | 23.51 | |||
| PFSB | 0.75 | 0.37 | 0.26 | (1.60) | 0.00 | 1.97 | 8.87 |
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Apollo Bancorp Corporate Management
| Kirk Montgomery | VP Officer | Profile | |
| Carolyn Bash | Assistant Treasurer | Profile | |
| Robert CPA | Treasurer VP | Profile | |
| Thomas Backus | VP Lending | Profile | |
| Christopher Martin | VP Officer | Profile | |
| Julia Holmes | VP Sec | Profile |