Cnb Community Correlations
CNBBDelisted Stock | USD 41.01 0.00 0.00% |
The current 90-days correlation between Cnb Community Bancorp and OptimumBank Holdings is -0.02 (i.e., Good diversification). The correlation of Cnb Community 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.
Cnb Community Correlation With Market
Very good diversification
The correlation between Cnb Community Bancorp and DJI is -0.32 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cnb Community Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Cnb |
The ability to find closely correlated positions to Cnb Community could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cnb Community 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 Cnb Community - 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 Cnb Community Bancorp to buy it.
Moving against Cnb OTC Stock
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Cnb OTC Stock performing well and Cnb Community OTC Stock 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 Cnb Community'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 | ||
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OPHC | 1.21 | 0.14 | 0.02 | (2.51) | 1.44 | 2.75 | 16.79 | |||
FBAK | 1.18 | 0.22 | 0.07 | 0.91 | 1.67 | 2.50 | 11.46 | |||
TRST | 1.30 | (0.01) | 0.07 | 0.10 | 1.29 | 2.73 | 17.64 | |||
INTR | 2.29 | (0.70) | 0.00 | (1.24) | 0.00 | 3.90 | 17.47 | |||
ALPIB | 0.54 | 0.29 | 0.20 | (1.29) | 0.00 | 1.81 | 4.36 | |||
MSVB | 1.98 | 0.19 | 0.03 | 1.25 | 2.34 | 6.12 | 14.99 | |||
SFBC | 0.95 | 0.00 | (0.06) | 0.10 | 1.12 | 2.75 | 5.99 | |||
AGRPF | 0.15 | 0.06 | 0.00 | 1.03 | 0.00 | 0.00 | 5.05 | |||
AOZOF | 1.62 | (0.63) | 0.00 | 0.43 | 0.00 | 0.00 | 42.84 | |||
SRNN | 0.21 | 0.00 | 0.00 | 0.45 | 0.00 | 1.35 | 4.97 |
View Cnb Community Related Equities
Risk & Return | Correlation |
Cnb Community Corporate Management
Elected by the shareholders, the Cnb Community's board of directors comprises two types of representatives: Cnb Community inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cnb. The board's role is to monitor Cnb Community's management team and ensure that shareholders' interests are well served. Cnb Community's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cnb Community's outside directors are responsible for providing unbiased perspectives on the board's policies.
CPA CPA | Chief Officer | Profile | |
David Arnett | Assistant Officer | Profile | |
Abba Reeve | Assistant Controller | Profile | |
Christopher JD | VP Officer | Profile | |
Amber Yoder | Marketing Officer | Profile | |
Melissa Stroede | VP Officer | Profile | |
Joshua Royal | Compliance VP | Profile |
Still Interested in Cnb Community Bancorp?
Investing in delisted otcs can be risky, as the otc stock 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.