CCCB Bancorp Correlations

CCYY Stock

USD 5.60 0.00 0.00%

The current 90-days correlation between CCCB Bancorp and Greenville Federal Financial is 0.07 (i.e., Significant diversification). The correlation of CCCB 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. If the correlation is 0, the equities are not correlated; they are entirely random.

CCCB Bancorp Correlation With Market

Significant diversification

The correlation between CCCB Bancorp and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CCCB Bancorp and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to CCCB 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 CCCB 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 CCCB 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 CCCB Bancorp to buy it.

Moving against CCCB Pink Sheet

0.63	BNPQY	BNP Paribas SA	Pair Corr
0.57	BNPQF	BNP Paribas SA	Pair Corr
0.52	BBAS3	Banco do Brasil	Pair Corr
0.48	BBDC4	Banco Bradesco SA	Pair Corr
0.31	NTME	NetMed Inc	Pair Corr
0.4	AMIX	Autonomix Medical, Common	Pair Corr
0.31	AFFL	Affiliated Resources Corp	Pair Corr

Related Correlations Analysis

	CBTN	GVFF	FBTT	COSO	STBA	CFB	EFSC	FBMS	FBP	USB
CBTN		-0.11	-0.2	0.3	-0.22	-0.13	-0.64	-0.62	-0.18	-0.56	CBTN
GVFF	-0.11		0.46	-0.56	-0.4	-0.59	0.16	0.08	-0.19	0.41	GVFF
FBTT	-0.2	0.46		-0.24	0.0	-0.06	0.42	0.36	0.13	0.48	FBTT
COSO	0.3	-0.56	-0.24		0.27	0.41	-0.04	-0.03	0.05	-0.23	COSO
STBA	-0.22	-0.4	0.0	0.27		0.89	0.44	0.47	0.82	0.12	STBA
CFB	-0.13	-0.59	-0.06	0.41	0.89		0.45	0.5	0.69	0.13	CFB
EFSC	-0.64	0.16	0.42	-0.04	0.44	0.45		0.98	0.41	0.9	EFSC
FBMS	-0.62	0.08	0.36	-0.03	0.47	0.5	0.98		0.45	0.89	FBMS
FBP	-0.18	-0.19	0.13	0.05	0.82	0.69	0.41	0.45		0.23	FBP
USB	-0.56	0.41	0.48	-0.23	0.12	0.13	0.9	0.89	0.23		USB
	CBTN	GVFF	FBTT	COSO	STBA	CFB	EFSC	FBMS	FBP	USB

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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

FBMS	+ 0.98	EFSC
USB	+ 0.9	EFSC
CFB	+ 0.89	STBA
USB	+ 0.89	FBMS
FBP	+ 0.82	STBA
FBP	+ 0.69	CFB

High negative correlations

EFSC	- 0.64	CBTN
FBMS	- 0.62	CBTN
CFB	- 0.59	GVFF
COSO	- 0.56	GVFF
USB	- 0.56	CBTN
STBA	- 0.4	GVFF

Risk-Adjusted Indicators

There is a big difference between CCCB Pink Sheet performing well and CCCB 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 CCCB 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
CBTN	0.70	(0.02)	0.00	(0.16)	0.00	0.00	2.15	(2.10)	14.50
GVFF	0.51	0.05	0.00	0.33	0.00	0.00	2.94	(2.22)	9.03
FBTT	0.56	0.06	(0.01)	0.36	0.78	(2.41)	2.19	(1.56)	7.67
COSO	0.83	(0.01)	0.00	0.17	0.00	0.00	2.25	(1.60)	21.16
STBA	1.57	(0.15)	0.00	0.06	1.55	(1.91)	2.96	(2.36)	18.80
CFB	1.68	(0.20)	(0.03)	0.03	1.71	(2.20)	3.90	(3.00)	18.20
EFSC	1.53	0.04	0.12	0.14	1.36	(1.87)	3.19	(2.69)	19.91
FBMS	1.64	0.01	0.09	0.13	1.48	(2.08)	4.00	(3.51)	16.66
FBP	1.61	(0.21)	(0.02)	0.03	2.10	(1.70)	2.90	(3.55)	19.73
USB	1.35	0.07	0.12	0.16	1.18	(1.64)	2.86	(2.31)	10.98

Be your own money manager

Our tools can tell you how much better you can do entering a position in CCCB 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.

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CCCB Bancorp Corporate Management

Michael Fornof	Chief VP	Profile
James Kifer	CEO and President	Profile
Jerome Heffner	Treasurer Director	Profile
Fred Cherico	Independent Director	Profile

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