HCB Financial Correlations
| HCBN Stock | USD 30.00 0.00 0.00% |
The current 90-days correlation between HCB Financial Corp and Huntington Bancshares Incorporated is -0.08 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HCB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HCB Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
HCB Financial Correlation With Market
Good diversification
The correlation between HCB Financial Corp and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding HCB Financial Corp and DJI in the same portfolio, assuming nothing else is changed.
HCB |
The ability to find closely correlated positions to HCB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HCB Financial 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 HCB Financial - 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 HCB Financial Corp to buy it.
Moving together with HCB Pink Sheet
| 0.65 | USB-PH | US Bancorp | PairCorr |
| 0.75 | PNC | PNC Financial Services Sell-off Trend | PairCorr |
| 0.7 | AAC | Ares Acquisition | PairCorr |
| 0.69 | ARTE | Artemis Strategic | PairCorr |
| 0.66 | TRCA | Twin Ridge Capital | PairCorr |
| 0.73 | APAC | Stonebridge Acquisition Symbol Change | PairCorr |
| 0.8 | WMT | Walmart Aggressive Push | PairCorr |
| 0.63 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.66 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.73 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.9 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.71 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.63 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
Moving against HCB Pink Sheet
| 0.76 | BNPQY | BNP Paribas SA | PairCorr |
| 0.7 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.65 | BBAS3 | Banco do Brasil | PairCorr |
| 0.55 | CVI | CVR Energy | PairCorr |
| 0.74 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.72 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.7 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.6 | BA | Boeing Fiscal Year End 29th of January 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 HCB Pink Sheet performing well and HCB Financial 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 HCB Financial'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HBAN | 1.26 | 0.08 | 0.18 | 0.17 | 0.88 | 2.75 | 14.20 | |||
| KEY | 1.41 | (0.06) | 0.08 | 0.10 | 1.37 | 2.99 | 19.76 | |||
| PNC | 1.13 | 0.07 | 0.13 | 0.17 | 0.88 | 2.54 | 9.52 | |||
| RF | 1.15 | 0.05 | 0.13 | 0.15 | 0.92 | 2.38 | 14.81 | |||
| CMA | 1.43 | 0.15 | 0.16 | 0.21 | 1.33 | 3.23 | 14.10 | |||
| FITB | 1.05 | 0.00 | 0.07 | 0.13 | 0.99 | 2.23 | 10.60 | |||
| NYCB | 2.67 | 0.14 | 0.01 | 0.83 | 3.28 | 7.58 | 16.72 | |||
| ZION | 1.63 | 0.02 | 0.12 | 0.13 | 1.47 | 3.51 | 20.65 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in HCB Financial 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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HCB Financial Corporate Management
| Julie Palmatier | VP Director | Profile | |
| Timothy Tierney | VP Banking | Profile | |
| Kimberly Finkbeiner | VP Operations | Profile | |
| Mark Kolanowski | CEO Pres | Profile | |
| Randoulph CFP | VP Management | Profile | |
| Khaja Ahmed | VP Credit | Profile | |
| Richard Zwiernikowski | VP CFO | Profile |