First Northern Correlations
| FNRN Stock | USD 10.00 0.01 0.10% |
The current 90-days correlation between First Northern Community and Invesco High Income is 0.14 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Northern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Northern Community moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
First Northern Correlation With Market
Good diversification
The correlation between First Northern Community 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 First Northern Community and DJI in the same portfolio, assuming nothing else is changed.
First |
The ability to find closely correlated positions to First Northern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Northern 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 First Northern - 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 First Northern Community to buy it.
Moving together with First OTC Stock
| 0.66 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.76 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.75 | BKRKY | Bank Rakyat | PairCorr |
| 0.78 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.71 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against First OTC Stock
| 0.73 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.67 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.67 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.61 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.57 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.56 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.53 | SSNLF | Samsung Electronics | PairCorr |
| 0.53 | HPQ | HP Inc | PairCorr |
| 0.5 | WMT | Walmart Aggressive Push | PairCorr |
| 0.46 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.41 | PTAIF | PT Astra International | PairCorr |
| 0.39 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.38 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.32 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between First OTC Stock performing well and First Northern 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 First Northern'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IHTA | 0.24 | 0.05 | (0.12) | 2.51 | 0.25 | 0.68 | 2.03 | |||
| MHN | 0.37 | 0.00 | (0.14) | 0.16 | 0.63 | 0.75 | 2.69 | |||
| NXC | 0.44 | (0.04) | 0.00 | (2.93) | 0.00 | 0.94 | 2.82 | |||
| CXH | 0.33 | 0.02 | (0.22) | (0.04) | 0.42 | 0.62 | 2.10 | |||
| FMN | 0.49 | (0.06) | 0.00 | 0.57 | 0.00 | 1.07 | 5.10 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in First Northern 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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First Northern Corporate Management
Elected by the shareholders, the First Northern's board of directors comprises two types of representatives: First Northern inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Northern's management team and ensure that shareholders' interests are well served. First Northern'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, First Northern's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Terry Danelson | Ex Officer | Profile | |
| Libby Feyh | VP Director | Profile | |
| Cathleen Gorham | VP Administrator | Profile | |
| Jeffrey Adamski | Exec Officer | Profile | |
| Devon CamaraSoucy | IR Contact | Profile |