First Northern Correlations

FNRN Stock

USD 13.40 0.04 0.30%

The current 90-days correlation between First Northern Community and Malaga Financial is -0.06 (i.e., Good 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

Average diversification

The correlation between First Northern Community and DJI is 0.14 (i.e., Average 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.

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

0.74	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.62	IBM	International Business	Pair Corr
0.78	BAC	Bank of America	Pair Corr
0.8	AXP	American Express	Pair Corr
0.87	JNJ	Johnson Johnson	Pair Corr
0.63	TRV	The Travelers Companies	Pair Corr
0.61	MMM	3M Company	Pair Corr
0.7	AA	Alcoa Corp	Pair Corr
0.92	CSCO	Cisco Systems	Pair Corr

Moving against First OTC Stock

0.84	HD	Home Depot	Pair Corr
0.64	CMWCF	Cromwell Property	Pair Corr
0.61	T	ATT Inc	Pair Corr
0.57	HCMC	Healthier Choices	Pair Corr
0.43	BA	Boeing	Pair Corr
0.34	CVX	Chevron Corp	Pair Corr
0.32	DIS	Walt Disney	Pair Corr

Related Correlations Analysis

	MLGF	TSCFY	FIZN	EXSR	FFMH	MFGI	CBTN	FIEB	CCFN	TRUX
MLGF		0.0	0.48	0.78	0.77	0.73	0.63	-0.69	0.86	0.63	MLGF
TSCFY	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	TSCFY
FIZN	0.48	0.0		0.29	0.37	0.22	0.29	-0.2	0.41	0.22	FIZN
EXSR	0.78	0.0	0.29		0.9	0.93	0.61	-0.86	0.89	0.76	EXSR
FFMH	0.77	0.0	0.37	0.9		0.89	0.81	-0.8	0.89	0.66	FFMH
MFGI	0.73	0.0	0.22	0.93	0.89		0.51	-0.89	0.9	0.82	MFGI
CBTN	0.63	0.0	0.29	0.61	0.81	0.51		-0.46	0.63	0.28	CBTN
FIEB	-0.69	0.0	-0.2	-0.86	-0.8	-0.89	-0.46		-0.85	-0.8	FIEB
CCFN	0.86	0.0	0.41	0.89	0.89	0.9	0.63	-0.85		0.76	CCFN
TRUX	0.63	0.0	0.22	0.76	0.66	0.82	0.28	-0.8	0.76		TRUX
	MLGF	TSCFY	FIZN	EXSR	FFMH	MFGI	CBTN	FIEB	CCFN	TRUX

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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

MFGI	+ 0.93	EXSR
FFMH	+ 0.9	EXSR
CCFN	+ 0.9	MFGI
CCFN	+ 0.89	EXSR
MFGI	+ 0.89	FFMH
CCFN	+ 0.89	FFMH

High negative correlations

FIEB	- 0.89	MFGI
FIEB	- 0.86	EXSR
CCFN	- 0.85	FIEB
TRUX	- 0.8	FIEB
FIEB	- 0.8	FFMH
FIEB	- 0.69	MLGF

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
MLGF	1.09	0.14	0.07	0.29	1.23	(1.55)	3.56	(2.80)	12.28
TSCFY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FIZN	0.02	0.00	0.00	0.76	0.00	0.00	0.00	0.00	0.50
EXSR	1.08	0.24	0.08	(0.60)	1.22	(1.42)	2.06	(2.22)	13.18
FFMH	0.51	0.16	0.13	3.40	0.29	(0.71)	1.12	(0.80)	3.36
MFGI	0.82	0.22	0.11	0.94	0.87	(1.08)	1.57	(2.17)	4.97
CBTN	0.23	0.04	0.00	0.37	0.00	0.00	1.03	0.00	4.52
FIEB	0.22	(0.11)	0.00	2.18	0.00	0.00	0.00	(0.23)	6.00
CCFN	0.71	0.18	0.11	(1.61)	0.62	(1.11)	1.98	(1.37)	6.93
TRUX	1.06	0.13	0.05	0.54	1.32	(1.28)	2.75	(2.92)	9.79

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.

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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

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