Community Investors Correlations
| CIBNDelisted Stock | USD 17.00 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Community Investors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Community Investors Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Community Investors Correlation With Market
Good diversification
The correlation between Community Investors Bancorp and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Community Investors Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Community |
The ability to find closely correlated positions to Community Investors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Community Investors 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 Community Investors - 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 Community Investors Bancorp to buy it.
Moving together with Community Pink Sheet
| 0.69 | AX | Axos Financial | PairCorr |
| 0.69 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.67 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.68 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
| 0.69 | VBNK | VersaBank Fiscal Year End 11th of December 2024 | PairCorr |
| 0.66 | VBTX | Veritex Holdings Normal Trading | PairCorr |
| 0.63 | TECTP | Tectonic Financial | PairCorr |
| 0.61 | EBTC | Enterprise Bancorp | PairCorr |
| 0.71 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
| 0.73 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.73 | WABC | Westamerica Bancorporation Fiscal Year End 16th of January 2025 | PairCorr |
| 0.71 | WASH | Washington Trust Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.67 | WCFB | WCF Bancorp Downward Rally | PairCorr |
| 0.7 | EQBK | Equity Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.65 | WMPN | William Penn Bancorp | PairCorr |
Moving against Community Pink Sheet
| 0.7 | CFG-PE | Citizens Financial | PairCorr |
| 0.68 | TFC-PO | Truist Financial | PairCorr |
| 0.66 | TFC-PR | Truist Financial | PairCorr |
| 0.36 | WAFDP | Washington Federal | 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 Community Pink Sheet performing well and Community Investors 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 Community Investors' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CBBI | 1.01 | 0.10 | (0.02) | (0.34) | 1.65 | 2.32 | 9.36 | |||
| CIBH | 1.60 | 0.64 | 0.20 | (2.73) | 0.84 | 4.63 | 27.31 | |||
| CRZY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| UBAB | 0.83 | 0.16 | 0.07 | 0.43 | 0.77 | 2.49 | 6.24 | |||
| UNIF | 1.65 | (0.48) | 0.00 | (3.58) | 0.00 | 3.55 | 13.43 | |||
| COSO | 0.83 | (0.02) | 0.00 | 0.16 | 0.00 | 2.25 | 21.16 | |||
| BSFO | 0.24 | 0.04 | 0.00 | 0.48 | 0.00 | 1.03 | 4.06 | |||
| PBAM | 0.88 | 0.18 | 0.09 | 0.62 | 0.71 | 2.37 | 7.65 | |||
| FOTB | 0.50 | 0.17 | 0.00 | (1.46) | 0.00 | 1.72 | 6.24 |
Community Investors 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 Community Investors pink sheet to make a market-neutral strategy. Peer analysis of Community Investors could also be used in its relative valuation, which is a method of valuing Community Investors by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Community Investors Corporate Management
| Monica Sack | VP Officer | Profile | |
| Eric Savidge | VP Market | Profile | |
| Bradley Murtiff | CEO Pres | Profile | |
| Brandy Hoepf | VP Portfolio | Profile | |
| Andrea Thomas | VP Officer | Profile | |
| Steven Crall | VP CFO | Profile | |
| Kathy Young | VP COO | Profile |
Still Interested in Community Investors Bancorp?
Investing in delisted pink sheets can be risky, as the pink sheet 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.