Federal Home Correlations
| FMCC Stock | USD 3.08 0.16 5.48% |
The current 90-days correlation between Federal Home Loan and Greystone Housing Impact is -0.24 (i.e., Very good diversification). The correlation of Federal Home 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.
Federal Home Correlation With Market
Weak diversification
The correlation between Federal Home Loan and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federal Home Loan and DJI in the same portfolio, assuming nothing else is changed.
Federal |
The ability to find closely correlated positions to Federal Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federal Home 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 Federal Home - 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 Federal Home Loan to buy it.
Moving together with Federal OTC Stock
| 1.0 | FNMA | Federal National Mortgage | PairCorr |
| 0.8 | SNFCA | Security National Normal Trading | PairCorr |
| 0.63 | COOP | Mr Cooper Group | PairCorr |
| 0.79 | C | Citigroup Aggressive Push | PairCorr |
| 0.75 | L | Loews Corp | PairCorr |
| 0.82 | V | Visa Class A | PairCorr |
| 0.81 | DHIL | Diamond Hill Investment | PairCorr |
| 0.85 | AX | Axos Financial | PairCorr |
| 0.63 | BN | Brookfield Corp | PairCorr |
| 0.74 | BX | Blackstone Group Normal Trading | PairCorr |
| 0.86 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.63 | FG | FG Annuities Life | PairCorr |
| 0.86 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
Moving against Federal OTC Stock
| 0.82 | GHI | Greystone Housing Impact | PairCorr |
| 0.78 | RKT | Rocket Companies | PairCorr |
| 0.66 | UWMC | UWM Holdings Corp | PairCorr |
| 0.62 | GHLD | Guild Holdings | PairCorr |
| 0.59 | PAPL | Pineapple Financial | PairCorr |
| 0.59 | BETR | Better Home Finance | PairCorr |
| 0.46 | IX | Orix Corp Ads | PairCorr |
| 0.4 | EG | Everest Group | PairCorr |
Related Correlations Analysis
| -0.28 | 0.04 | 0.01 | -0.54 | -0.54 | ECPG | ||
| -0.28 | 0.71 | -0.72 | 0.5 | 0.3 | GHI | ||
| 0.04 | 0.71 | -0.83 | 0.26 | -0.12 | GHLD | ||
| 0.01 | -0.72 | -0.83 | -0.23 | 0.1 | SNFCA | ||
| -0.54 | 0.5 | 0.26 | -0.23 | 0.44 | TBCRF | ||
| -0.54 | 0.3 | -0.12 | 0.1 | 0.44 | CNF | ||
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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 Federal OTC Stock performing well and Federal Home 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 Federal Home'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ECPG | 1.33 | (0.15) | 0.00 | (0.03) | 0.00 | 3.27 | 9.26 | |||
| GHI | 1.35 | (0.18) | 0.00 | 4.00 | 0.00 | 3.13 | 11.65 | |||
| GHLD | 1.65 | (0.26) | 0.00 | 1.12 | 0.00 | 3.57 | 11.75 | |||
| SNFCA | 1.16 | 0.44 | 0.26 | 0.79 | 0.85 | 2.63 | 11.74 | |||
| TBCRF | 1.52 | 0.10 | 0.00 | (0.24) | 2.35 | 4.41 | 18.32 | |||
| CNF | 6.61 | 0.57 | 0.07 | 0.82 | 7.38 | 20.00 | 78.29 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Federal Home 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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Federal Home Corporate Management
Elected by the shareholders, the Federal Home's board of directors comprises two types of representatives: Federal Home inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Federal. The board's role is to monitor Federal Home's management team and ensure that shareholders' interests are well served. Federal Home'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, Federal Home's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jerry Weiss | Chief Admin. Officer and Executive VP | Profile | |
| Michael DeVito | CEO Director | Profile | |
| Christian Lown | Ex CFO | Profile | |
| Anil MBA | Ex Officer | Profile | |
| Heidi Mason | Exec Counsel | Profile | |
| Dennis Hermonstyne | VP Officer | Profile | |
| Jeffrey Markowitz | Sr Communications | Profile |