Farmers Correlations
| FMBL Stock | USD 5,650 45.00 0.80% |
The current 90-days correlation between Farmers And Merchants and First National Bank is -0.01 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Farmers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Farmers And Merchants moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Farmers Correlation With Market
Weak diversification
The correlation between Farmers And Merchants and DJI is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Farmers And Merchants and DJI in the same portfolio, assuming nothing else is changed.
Farmers |
The ability to find closely correlated positions to Farmers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Farmers 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 Farmers - 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 Farmers And Merchants to buy it.
Moving together with Farmers OTC Stock
| 0.82 | HD | Home Depot | PairCorr |
| 0.86 | WMT | Walmart Aggressive Push | PairCorr |
| 0.89 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.92 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.84 | HPQ | HP Inc | PairCorr |
| 0.74 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.69 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.78 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.88 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.96 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.69 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
Moving against Farmers OTC Stock
| 0.81 | MULN | Mullen Automotive | PairCorr |
| 0.78 | SGD | Safe and Green | PairCorr |
| 0.78 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.78 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.77 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.76 | QLGN | Qualigen Therapeutics Trending | PairCorr |
| 0.53 | PG | Procter Gamble | PairCorr |
| 0.36 | AHT | Ashford Hospitality Trust | PairCorr |
Related Correlations Analysis
| 0.78 | -0.01 | 0.54 | 0.14 | FBAK | ||
| 0.78 | 0.1 | 0.38 | 0.21 | FMCB | ||
| -0.01 | 0.1 | -0.26 | 0.11 | EXSR | ||
| 0.54 | 0.38 | -0.26 | 0.03 | FINN | ||
| 0.14 | 0.21 | 0.11 | 0.03 | MCHB | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Farmers OTC Stock performing well and Farmers 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 Farmers' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FBAK | 1.29 | 0.17 | 0.06 | 0.38 | 1.73 | 2.50 | 9.59 | |||
| FMCB | 0.52 | 0.15 | 0.02 | 24.94 | 0.71 | 0.57 | 16.73 | |||
| EXSR | 1.11 | 0.04 | (0.03) | 0.36 | 1.54 | 3.76 | 11.08 | |||
| FINN | 0.97 | 0.05 | (0.05) | (0.13) | 1.29 | 1.58 | 5.51 | |||
| MCHB | 0.06 | 0.02 | 0.00 | 14.08 | 0.00 | 0.00 | 1.96 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Farmers 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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Farmers Corporate Executives
Elected by the shareholders, the Farmers' board of directors comprises two types of representatives: Farmers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Farmers. The board's role is to monitor Farmers' management team and ensure that shareholders' interests are well served. Farmers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Farmers' outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Hinrichs | CFO and Executive VP | Profile | |
| Melissa Lanfre | COO and Executive VP | Profile |