Citizens Holding Correlations

Summary

CIZNDelisted Stock

USD 11.95 0.15 1.27%

The current 90-days correlation between Citizens Holding and Oconee Federal Financial is -0.1 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Citizens Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citizens Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Citizens Holding Correlation With Market

Average diversification

The correlation between Citizens Holding and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Citizens Holding and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving against Citizens Stock

0.8	CFG-PH	Citizens Financial Group,	Pair Corr
0.76	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.76	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.74	VBNK	VersaBank Normal Trading	Pair Corr
0.74	ECBK	ECB Bancorp	Pair Corr
0.7	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.7	TECTP	Tectonic Financial	Pair Corr
0.68	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.66	EBTC	Enterprise Bancorp	Pair Corr
0.61	KB	KB Financial Group	Pair Corr
0.56	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.54	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.49	DB	Deutsche Bank AG	Pair Corr
0.47	AX	Axos Financial	Pair Corr
0.47	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.74	WMPN	William Penn Bancorp	Pair Corr
0.73	WSBCP	WesBanco	Pair Corr
0.68	WASH	Washington Trust Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.67	KEY-PK	KeyCorp	Pair Corr
0.65	KEY-PL	KeyCorp	Pair Corr
0.65	TFINP	Triumph Financial	Pair Corr
0.65	EVBN	Evans Bancorp	Pair Corr
0.64	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.59	KEY-PJ	KeyCorp	Pair Corr
0.57	ESSA	ESSA Bancorp	Pair Corr
0.48	WABC	Westamerica Bancorporation Fiscal Year End 16th of January 2025	Pair Corr
0.33	WCFB	WCF Bancorp	Pair Corr
0.31	WNEB	Western New England Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	OFED	HMNF	HFBL	HVBC	LSBK	CWBC	CULL	MGYR	FFNW	FNWB
OFED		-0.34	-0.15	-0.25	-0.77	0.35	0.36	-0.37	0.05	0.49	OFED
HMNF	-0.34		-0.1	0.4	0.3	0.17	-0.5	0.51	-0.05	0.05	HMNF
HFBL	-0.15	-0.1		0.03	0.18	-0.04	0.11	0.09	-0.06	0.02	HFBL
HVBC	-0.25	0.4	0.03		0.42	0.25	-0.54	0.69	-0.46	-0.21	HVBC
LSBK	-0.77	0.3	0.18	0.42		-0.25	-0.45	0.45	-0.27	-0.37	LSBK
CWBC	0.35	0.17	-0.04	0.25	-0.25		-0.17	0.48	-0.21	0.5	CWBC
CULL	0.36	-0.5	0.11	-0.54	-0.45	-0.17		-0.69	0.09	-0.06	CULL
MGYR	-0.37	0.51	0.09	0.69	0.45	0.48	-0.69		-0.37	0.14	MGYR
FFNW	0.05	-0.05	-0.06	-0.46	-0.27	-0.21	0.09	-0.37		0.28	FFNW
FNWB	0.49	0.05	0.02	-0.21	-0.37	0.5	-0.06	0.14	0.28		FNWB
	OFED	HMNF	HFBL	HVBC	LSBK	CWBC	CULL	MGYR	FFNW	FNWB

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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

MGYR	+ 0.69	HVBC
MGYR	+ 0.51	HMNF
FNWB	+ 0.5	CWBC
FNWB	+ 0.49	OFED
MGYR	+ 0.48	CWBC
MGYR	+ 0.45	LSBK

High negative correlations

LSBK	- 0.77	OFED
MGYR	- 0.69	CULL
CULL	- 0.54	HVBC
CULL	- 0.5	HMNF
FFNW	- 0.46	HVBC
CULL	- 0.45	LSBK

Risk-Adjusted Indicators

There is a big difference between Citizens Stock performing well and Citizens Holding 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 Citizens Holding'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
OFED	2.13	(0.22)	0.00	1.09	0.00	0.00	3.48	(5.28)	12.66
HMNF	1.88	0.38	0.13	2.31	1.85	(2.37)	4.29	(3.19)	13.15
HFBL	1.75	0.01	(0.01)	0.11	2.40	(3.13)	3.82	(4.31)	21.70
HVBC	1.51	0.31	0.08	1.20	2.03	(1.59)	2.68	(4.11)	18.63
LSBK	1.15	0.09	0.02	0.33	1.25	(1.59)	3.69	(2.95)	8.55
CWBC	1.03	0.03	0.04	0.12	1.08	(1.11)	2.53	(2.16)	9.14
CULL	0.51	(0.12)	0.00	(5.70)	0.00	0.00	1.18	(1.64)	4.73
MGYR	0.62	0.10	0.02	0.68	0.55	(0.74)	1.63	(1.22)	3.88
FFNW	0.61	(0.02)	(0.11)	0.02	0.76	(0.67)	1.65	(1.13)	4.32
FNWB	1.55	0.05	0.00	0.17	1.69	(1.77)	4.11	(2.82)	14.21

Citizens Holding 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 Citizens Holding stock to make a market-neutral strategy. Peer analysis of Citizens Holding could also be used in its relative valuation, which is a method of valuing Citizens Holding by comparing valuation metrics with similar companies.

Oconee Federal Financial HMN Financial Home Federal Bancorp HV Bancorp Lake Shore Bancorp Community West Bancshares Cullman Bancorp Magyar Bancorp First Financial Northwest First Northwest Bancorp First Capital American Airlines Group Alcoa Corp Apple Inc Best Buy Co

Risk & Return

Correlation

Citizens Holding Corporate Management

Phillip Branch	CFO Treasurer	Profile
Mark Taylor	Sec	Profile
Gregory Cronin	Pres Director	Profile
Gregory McKee	CEO Pres	Profile

Still Interested in Citizens Holding?

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