Apollo Bancorp Correlations
| APLO Stock | USD 34.33 0.01 0.03% |
The current 90-days correlation between Apollo Bancorp and The Farmers Bank is -0.05 (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
Average diversification
The correlation between Apollo Bancorp and DJI is 0.19 (i.e., Average 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
| 0.86 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.77 | BBAS3 | Banco do Brasil | PairCorr |
| 0.68 | BNPQY | BNP Paribas SA | PairCorr |
| 0.66 | BNPQF | BNP Paribas SA | PairCorr |
Moving against Apollo Pink Sheet
| 0.89 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.84 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.7 | LGCY | Legacy Education | PairCorr |
| 0.62 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.52 | AAPL | Apple Inc | PairCorr |
| 0.49 | USB-PH | US Bancorp | PairCorr |
| 0.35 | MSFT | Microsoft Aggressive Push | PairCorr |
| 0.86 | TSLA | Tesla Inc Aggressive Push | PairCorr |
| 0.85 | ZVIA | Zevia Pbc | PairCorr |
| 0.83 | TATT | Tat Techno | PairCorr |
| 0.8 | ACHR | Archer Aviation | PairCorr |
| 0.71 | WMT | Walmart | PairCorr |
| 0.7 | OPFI | OppFi Inc | PairCorr |
| 0.69 | KODK | Eastman Kodak | PairCorr |
| 0.68 | MUFG | Mitsubishi UFJ Financial Sell-off Trend | PairCorr |
| 0.66 | MITQ | Moving iMage Technologies | PairCorr |
| 0.61 | HBI | Hanesbrands Sell-off Trend | PairCorr |
| 0.57 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.55 | META | Meta Platforms | PairCorr |
| 0.49 | ITCI | Intracellular Th Trending | PairCorr |
| 0.38 | PAGP | Plains GP Holdings Sell-off Trend | PairCorr |
| 0.36 | MO | Altria Group | PairCorr |
| 0.88 | CLS | Celestica | PairCorr |
| 0.79 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.79 | JBL | Jabil Circuit | PairCorr |
| 0.76 | FSK | FS KKR Capital | PairCorr |
| 0.74 | RUM | Rumble Inc Buyout Trend | PairCorr |
| 0.7 | BKYI | BIO Key International | 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 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FBPA | 0.37 | 0.07 | 0.07 | (8.95) | 0.39 | 1.78 | 6.99 | |||
| BKUT | 0.91 | 0.32 | 0.13 | 3.82 | 0.61 | 1.79 | 13.93 | |||
| DWNX | 0.19 | 0.01 | 0.02 | (0.44) | 0.21 | 0.49 | 1.65 | |||
| CCFC | 0.73 | (0.28) | 0.00 | (10.66) | 0.00 | 0.60 | 14.18 | |||
| BEOB | 0.99 | 0.20 | 0.08 | (2.03) | 1.09 | 1.70 | 6.73 | |||
| FMFP | 1.19 | (0.44) | 0.00 | (21.16) | 0.00 | 0.82 | 14.87 | |||
| FCCT | 0.42 | (0.05) | 0.00 | 0.15 | 0.00 | 1.13 | 6.52 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Apollo 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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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 |