FS Bancorp Correlations
| FXLG Stock | USD 33.30 0.21 0.63% |
The current 90-days correlation between FS Bancorp and Eastern Michigan Financial is 0.07 (i.e., Significant diversification). The correlation of FS Bancorp 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.
FS Bancorp Correlation With Market
Good diversification
The correlation between FS Bancorp and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FS Bancorp and DJI in the same portfolio, assuming nothing else is changed.
FXLG |
The ability to find closely correlated positions to FS Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FS Bancorp 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 FS Bancorp - 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 FS Bancorp to buy it.
Moving together with FXLG Pink Sheet
| 0.63 | CIHKY | China Merchants Bank Normal Trading | PairCorr |
| 0.75 | USB-PH | US Bancorp | PairCorr |
| 0.68 | COHG | Cheetah Oil Gas | PairCorr |
| 0.68 | FSTF | First State Financial | PairCorr |
| 0.64 | CHKP | Check Point Software Earnings Call This Week | PairCorr |
| 0.64 | LPTH | LightPath Technologies Earnings Call This Week | PairCorr |
| 0.88 | GILT | Gilat Satellite Networks | PairCorr |
| 0.83 | V | Visa Class A | PairCorr |
| 0.84 | MMM | 3M Company | PairCorr |
Moving against FXLG Pink Sheet
| 0.68 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.57 | IBN | ICICI Bank Limited | PairCorr |
| 0.45 | HDB | HDFC Bank Limited | PairCorr |
| 0.4 | RELIW | Reliance Global Group | PairCorr |
| 0.66 | HPQ | HP Inc | PairCorr |
| 0.61 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.58 | INTC | Intel | PairCorr |
| 0.43 | MRK | Merck Company Earnings Call This Week | PairCorr |
| 0.39 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.39 | KO | Coca Cola Earnings Call This Week | PairCorr |
| 0.31 | TRV | The Travelers Companies | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 FXLG Pink Sheet performing well and FS Bancorp 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 FS Bancorp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EFIN | 0.54 | 0.15 | 0.04 | 0.69 | 0.51 | 2.03 | 7.18 | |||
| STBI | 0.86 | (0.17) | 0.00 | (0.17) | 0.00 | 3.54 | 11.71 | |||
| GNRV | 1.54 | 0.28 | 0.05 | 0.97 | 2.08 | 5.28 | 12.29 | |||
| BORT | 0.26 | 0.03 | (0.04) | 0.85 | 0.34 | 0.64 | 5.62 | |||
| ASRV | 1.66 | (0.02) | 0.00 | (0.82) | 0.00 | 3.66 | 12.16 | |||
| FMAO | 1.93 | (0.02) | (0.01) | 0.07 | 2.53 | 3.84 | 18.35 | |||
| FIDS | 0.43 | (0.11) | 0.00 | (0.93) | 0.00 | 0.67 | 7.73 | |||
| PCLB | 1.16 | (0.20) | 0.00 | (1.15) | 0.00 | 4.80 | 8.12 | |||
| CYFL | 1.08 | 0.26 | 0.09 | 1.88 | 0.84 | 3.90 | 9.64 | |||
| APLO | 0.93 | (0.20) | 0.00 | (0.46) | 0.00 | 1.64 | 10.50 |
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FS Bancorp Corporate Management
| Lorelei White | Ex COO | Profile | |
| Mark Cowen | Exec Officer | Profile | |
| Joseph CPA | CEO Pres | Profile | |
| Stacy Merrifield | Ex CFO | Profile | |
| T Kempf | Ex Officer | Profile | |
| Frederic Brown | Treasurer Director | Profile | |
| Renea Boots | Exec Officer | Profile |