Blackhawk Bancorp Correlations
| BHWBDelisted Stock | USD 33.50 0.00 0.00% |
The current 90-days correlation between Blackhawk Bancorp and Bank of Utica is -0.17 (i.e., Good diversification). The correlation of Blackhawk 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.
Blackhawk Bancorp Correlation With Market
Good diversification
The correlation between Blackhawk Bancorp and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blackhawk Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Blackhawk |
Moving together with Blackhawk OTC BB Equity
| 0.7 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.72 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.76 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.69 | WMT | Walmart Aggressive Push | PairCorr |
| 0.75 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
Moving against Blackhawk OTC BB Equity
| 0.75 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.74 | BKRKY | Bank Rakyat | PairCorr |
| 0.73 | PBCRY | Bank Central Asia | PairCorr |
| 0.65 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.65 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.62 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.56 | PBCRF | PT Bank Central | PairCorr |
| 0.54 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.41 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.32 | MSFT | Microsoft Aggressive Push | PairCorr |
Related Correlations Analysis
| -0.84 | 0.78 | 0.58 | -0.5 | -0.41 | CCFC | ||
| -0.84 | -0.85 | -0.41 | 0.38 | 0.3 | BKUT | ||
| 0.78 | -0.85 | 0.27 | -0.26 | -0.45 | FMFP | ||
| 0.58 | -0.41 | 0.27 | -0.43 | -0.37 | BEOB | ||
| -0.5 | 0.38 | -0.26 | -0.43 | 0.32 | FCCT | ||
| -0.41 | 0.3 | -0.45 | -0.37 | 0.32 | DWNX | ||
| 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 Blackhawk OTC BB Equity performing well and Blackhawk 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 Blackhawk 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CCFC | 0.47 | (0.18) | 0.00 | (1.97) | 0.00 | 0.60 | 7.12 | |||
| BKUT | 0.53 | 0.17 | 0.00 | 1.47 | 0.00 | 2.65 | 5.81 | |||
| FMFP | 0.95 | (0.26) | 0.00 | 0.38 | 0.00 | 0.00 | 14.87 | |||
| BEOB | 0.36 | (0.04) | 0.00 | (1.08) | 0.00 | 0.72 | 5.57 | |||
| FCCT | 0.23 | (0.01) | 0.00 | (0.09) | 0.00 | 0.00 | 7.04 | |||
| DWNX | 0.12 | 0.00 | (0.18) | 0.18 | 0.19 | 0.49 | 1.47 |
Blackhawk Bancorp 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 Blackhawk Bancorp otc bb equity to make a market-neutral strategy. Peer analysis of Blackhawk Bancorp could also be used in its relative valuation, which is a method of valuing Blackhawk Bancorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Blackhawk Bancorp Corporate Management
| Jeanine Woyner | VP HR | Profile | |
| Tammy Zurfluh | VP Banking | Profile | |
| Andy Williams | Sr Banking | Profile | |
| Matthew McDonnell | VP CFO | Profile | |
| Todd James | CEO Chairman | Profile | |
| Stephanie Meier | VP Communications | Profile | |
| Mathew Reynolds | VP Banking | Profile |
Still Interested in Blackhawk Bancorp?
Investing in delisted otcs can be risky, as the otc bb equity 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.