FNB Bancorp Correlations

FBIP Stock

USD 101.20 0.00 0.00%

The current 90-days correlation between FNB Bancorp and South Atlantic Bancshares is 0.08 (i.e., Significant diversification). The correlation of FNB 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.

FNB Bancorp Correlation With Market

Average diversification

The correlation between FNB Bancorp 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 FNB Bancorp and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with FNB Pink Sheet

0.71	BBDC4	Banco Bradesco SA	Pair Corr
0.65	BBAS3	Banco do Brasil	Pair Corr

Moving against FNB Pink Sheet

0.51	USB-PH	US Bancorp	Pair Corr
0.48	BNPQY	BNP Paribas SA	Pair Corr
0.58	26442TAG2	US26442TAG22	Pair Corr
0.5	SWRM	Appswarm	Pair Corr
0.41	RGC	Regencell Bioscience Trending	Pair Corr

Related Correlations Analysis

	SABK	TYCB	PLQC	TRCY	MCBI	LYBC	BKGM	OCNB	INBC	FXLG
SABK		-0.64	0.09	0.42	0.82	0.53	0.0	0.0	-0.31	0.63	SABK
TYCB	-0.64		0.13	-0.41	-0.6	-0.44	0.0	0.0	0.2	-0.34	TYCB
PLQC	0.09	0.13		-0.07	0.15	-0.08	0.0	0.0	0.02	0.24	PLQC
TRCY	0.42	-0.41	-0.07		0.58	0.9	0.0	0.0	-0.24	0.06	TRCY
MCBI	0.82	-0.6	0.15	0.58		0.66	0.0	0.0	-0.12	0.59	MCBI
LYBC	0.53	-0.44	-0.08	0.9	0.66		0.0	0.0	-0.16	0.26	LYBC
BKGM	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	BKGM
OCNB	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	OCNB
INBC	-0.31	0.2	0.02	-0.24	-0.12	-0.16	0.0	0.0		0.17	INBC
FXLG	0.63	-0.34	0.24	0.06	0.59	0.26	0.0	0.0	0.17		FXLG
	SABK	TYCB	PLQC	TRCY	MCBI	LYBC	BKGM	OCNB	INBC	FXLG

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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

LYBC	+ 0.9	TRCY
MCBI	+ 0.82	SABK
LYBC	+ 0.66	MCBI
FXLG	+ 0.63	SABK
FXLG	+ 0.59	MCBI
MCBI	+ 0.58	TRCY

High negative correlations

TYCB	- 0.64	SABK
MCBI	- 0.6	TYCB
LYBC	- 0.44	TYCB
TRCY	- 0.41	TYCB
FXLG	- 0.34	TYCB
INBC	- 0.31	SABK

Risk-Adjusted Indicators

There is a big difference between FNB Pink Sheet performing well and FNB 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 FNB 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
SABK	0.70	0.12	0.06	(7.08)	0.63	(1.08)	1.84	(1.45)	6.02
TYCB	0.54	0.00	0.00	0.05	0.00	0.00	1.98	(0.87)	10.99
PLQC	0.02	(0.01)	0.00	1.71	0.00	0.00	0.00	0.00	1.53
TRCY	1.11	0.37	0.20	2.36	0.76	(1.84)	3.44	(1.95)	13.08
MCBI	0.66	0.19	0.14	0.67	0.48	(1.08)	2.56	(1.12)	6.43
LYBC	0.40	0.15	0.12	1.34	0.25	(0.53)	1.09	(0.69)	4.81
BKGM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
OCNB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
INBC	0.69	0.00	(0.02)	0.03	0.99	(2.10)	2.18	(2.14)	7.06
FXLG	0.39	0.04	(0.03)	(0.79)	0.44	(0.56)	0.96	(0.92)	3.32

Be your own money manager

Our tools can tell you how much better you can do entering a position in FNB 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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FNB Bancorp Corporate Management

Jaclyn Bogert	VP HR	Profile
Charles Siegfried	Chief Officer	Profile
Barry Pflueger	Ex Management	Profile
Milissa Lenahan	VP Operations	Profile
Ryan Morris	Head Officer	Profile
Donna Wengiel	S Director	Profile
Daniel Schaffer	Pres CEO	Profile

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