1ST SUMMIT Correlations
| FSMK Stock | USD 28.00 0.22 0.79% |
The current 90-days correlation between 1ST SUMMIT BANCORP and Oregon Pacific Bancorp is -0.26 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 1ST SUMMIT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 1ST SUMMIT BANCORP moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
1ST SUMMIT Correlation With Market
Good diversification
The correlation between 1ST SUMMIT BANCORP and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 1ST SUMMIT BANCORP and DJI in the same portfolio, assuming nothing else is changed.
1ST |
The ability to find closely correlated positions to 1ST SUMMIT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 1ST SUMMIT 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 1ST SUMMIT - 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 1ST SUMMIT BANCORP to buy it.
Moving together with 1ST Pink Sheet
| 0.72 | CIHKY | China Merchants Bank | PairCorr |
| 0.86 | USB-PH | US Bancorp | PairCorr |
| 0.86 | VRT | Vertiv Holdings | PairCorr |
| 0.83 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.87 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.67 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.7 | WMT | Walmart Aggressive Push | PairCorr |
| 0.89 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.7 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.61 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.67 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.81 | HPQ | HP Inc | PairCorr |
Moving against 1ST Pink Sheet
| 0.92 | BBAS3 | Banco do Brasil | PairCorr |
| 0.83 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.72 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.72 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.6 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.53 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.49 | BNPQY | BNP Paribas SA | PairCorr |
| 0.35 | BNPQF | BNP Paribas SA | 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 1ST Pink Sheet performing well and 1ST SUMMIT 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 1ST SUMMIT'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| APLO | 0.54 | (0.03) | 0.00 | 0.27 | 0.00 | 0.68 | 17.91 | |||
| ORPB | 0.55 | 0.00 | (0.05) | 0.12 | 0.73 | 1.91 | 7.67 | |||
| FBPA | 0.39 | (0.01) | 0.00 | 0.18 | 0.00 | 1.02 | 6.99 | |||
| WVFC | 0.25 | (0.01) | 0.00 | 0.32 | 0.00 | 0.80 | 3.89 | |||
| CTYP | 0.92 | 0.32 | 0.03 | (0.41) | 1.19 | 2.30 | 19.19 | |||
| CCFC | 0.47 | (0.18) | 0.00 | (1.97) | 0.00 | 0.60 | 7.12 | |||
| BKUT | 0.53 | 0.17 | 0.00 | 1.47 | 0.00 | 2.65 | 5.81 | |||
| DWNX | 0.12 | 0.00 | (0.18) | 0.18 | 0.19 | 0.49 | 1.47 | |||
| SMAL | 0.84 | 0.07 | (0.04) | (0.67) | 1.12 | 1.69 | 5.34 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in 1ST SUMMIT 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?
Run Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
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1ST SUMMIT Corporate Management
| Timothy Smith | VP Sec | Profile | |
| Michael Seigh | VP Treasurer | Profile | |
| Michael Paulman | VP | Profile | |
| Carol Myers | Ex Treasurer | Profile | |
| Elmer Laslo | CEO Pres | Profile | |
| Domenic Cagliuso | VP | Profile | |
| Polly Previte | VP | Profile |