CSB Bancorp Correlations
| CSBB Stock | USD 53.59 0.09 0.17% |
The current 90-days correlation between CSB Bancorp and QNB Corp is -0.15 (i.e., Good diversification). The correlation of CSB 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.
CSB Bancorp Correlation With Market
Good diversification
The correlation between CSB Bancorp and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CSB Bancorp and DJI in the same portfolio, assuming nothing else is changed.
CSB |
The ability to find closely correlated positions to CSB 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 CSB 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 CSB 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 CSB Bancorp to buy it.
Moving together with CSB Pink Sheet
| 0.66 | SMFG | Sumitomo Mitsui Financial Normal Trading | PairCorr |
| 0.67 | SMFNF | Sumitomo Mitsui Financial Normal Trading | PairCorr |
| 0.62 | JPM | JPMorgan Chase | PairCorr |
| 0.67 | BAC | Bank of America | PairCorr |
| 0.79 | AA | Alcoa Corp Earnings Call This Week | PairCorr |
| 0.71 | BA | Boeing Sell-off Trend | PairCorr |
| 0.67 | DIS | Walt Disney | PairCorr |
Moving against CSB Pink Sheet
Related Correlations Analysis
Risk-Adjusted Indicators
There is a big difference between CSB Pink Sheet performing well and CSB 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 CSB 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| QNBC | 0.45 | (0.01) | 0.00 | 1.70 | 0.00 | 1.10 | 3.14 | |||
| CMTV | 0.92 | 0.36 | 0.20 | 1.72 | 0.54 | 1.70 | 18.97 | |||
| EMYB | 0.35 | 0.10 | 0.04 | 1.07 | 0.00 | 1.17 | 3.63 | |||
| ENBP | 0.97 | 0.29 | 0.10 | (1.40) | 0.90 | 2.62 | 12.40 | |||
| MSWV | 0.57 | 0.18 | 0.08 | (7.97) | 0.39 | 1.82 | 4.76 | |||
| FGFH | 0.50 | 0.33 | 0.67 | 6.23 | 0.00 | 1.53 | 4.72 | |||
| CNBN | 1.29 | 0.23 | 0.08 | 0.28 | 1.86 | 3.85 | 23.42 | |||
| SBKO | 0.48 | 0.18 | 0.07 | (0.53) | 0.24 | 1.33 | 6.91 | |||
| ARBV | 0.47 | 0.18 | 0.13 | 4.79 | 0.00 | 1.91 | 5.70 | |||
| MNAT | 0.49 | 0.05 | (0.01) | 0.32 | 0.71 | 0.97 | 4.73 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in CSB 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.Did you try this?
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Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
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CSB Bancorp Corporate Management
| Brett Gallion | COO VP | Profile | |
| Ashley Vaughn | VP Officer | Profile | |
| Broc Martin | Assistant Officer | Profile | |
| Julie Jones | VP HR | Profile | |
| Pamela CPA | Financial VP | Profile | |
| Stephen Kilpatrick | First Officer | Profile |