Meta Financial Correlations
| CASH Stock | USD 74.30 0.46 0.62% |
The current 90-days correlation between Meta Financial Group and AmeriServ Financial is -0.08 (i.e., Good diversification). The correlation of Meta 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.
Meta Financial Correlation With Market
Very weak diversification
The correlation between Meta Financial Group and DJI is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Meta Financial Group and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Meta Stock
| 0.81 | AX | Axos Financial | PairCorr |
| 0.72 | RF | Regions Financial | PairCorr |
| 0.61 | EBMT | Eagle Bancorp Montana | PairCorr |
| 0.92 | EFSC | Enterprise Financial | PairCorr |
| 0.94 | EGBN | Eagle Bancorp | PairCorr |
| 0.74 | WSBC | WesBanco | PairCorr |
| 0.66 | FBNC | First Bancorp | PairCorr |
| 0.74 | FCBC | First Community Banc | PairCorr |
| 0.85 | FFBC | First Financial Bancorp | PairCorr |
| 0.7 | FFIN | First Financial Bank | PairCorr |
Moving against Meta Stock
| 0.67 | 601997 | Bank of Guiyang | PairCorr |
| 0.43 | 002142 | Bank of Ningbo | PairCorr |
| 0.32 | TFINP | Triumph Financial | PairCorr |
| 0.66 | FRMEP | First Merchants | 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 Meta Stock performing well and Meta 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 Meta 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ASRV | 1.52 | 0.16 | 0.04 | (0.79) | 1.87 | 2.92 | 8.63 | |||
| BYFC | 1.68 | (0.40) | 0.00 | (0.60) | 0.00 | 3.06 | 13.62 | |||
| HFBL | 2.17 | 0.45 | 0.10 | 1.37 | 3.11 | 6.25 | 21.76 | |||
| NSTS | 0.64 | 0.03 | (0.04) | 0.28 | 0.75 | 1.61 | 4.36 | |||
| CLST | 0.62 | 0.25 | 0.16 | 4.59 | 0.49 | 1.90 | 7.82 | |||
| STLE | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FSEA | 1.28 | 0.19 | 0.05 | 4.33 | 1.74 | 3.11 | 25.19 | |||
| TECTP | 0.75 | 0.10 | 0.01 | (0.52) | 1.20 | 1.91 | 9.74 | |||
| OPHC | 1.02 | (0.03) | (0.05) | 0.01 | 1.30 | 2.19 | 6.44 | |||
| BOTJ | 1.11 | 0.29 | 0.15 | 1.87 | 1.17 | 2.78 | 9.56 |
Meta Financial Corporate Management
| Jennifer Warren | Senior Officer | Profile | |
| Katie LeBrun | Co Director | Profile | |
| Nadia JD | Executive Officer | Profile | |
| Nadia Dombrowski | Executive Officer | Profile | |
| Brett Pharr | CEO Director | Profile | |
| Justin Schempp | Investor VP | Profile | |
| Sonja Theisen | Chief Accounting Officer | Profile |