InBankshares Corp Correlations

OTC Stocks . USA . 
Stock . InBankshares Corp
INBC Stock  USD 8.00  0.19  2.43%   
The correlation of InBankshares Corp 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.

InBankshares Corp Correlation With Market

Average diversification

The correlation between InBankshares Corp and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding InBankshares Corp and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to InBankshares Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InBankshares Corp 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 InBankshares Corp - 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 InBankshares Corp to buy it.

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Moving against InBankshares OTC Stock

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  0.71T ATT Inc Fiscal Year End 22nd of January 2025 PairCorr
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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   
FHN
+ 0.99
ZION
KEY
+ 0.98
ZION
FHN
+ 0.97
KEY
KEY
+ 0.87
WAL
ZION
+ 0.8
WAL
FHN
+ 0.8
WAL
  
High negative correlations   
FRCB
- 0.47
WAL
FRCB
- 0.3
KEY
FRCB
- 0.27
ZION
FHN
- 0.26
FRCB

Risk-Adjusted Indicators

There is a big difference between InBankshares OTC Stock performing well and InBankshares Corp 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 InBankshares Corp'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in InBankshares Corp 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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InBankshares Corp Corporate Management

Elected by the shareholders, the InBankshares Corp's board of directors comprises two types of representatives: InBankshares Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of InBankshares. The board's role is to monitor InBankshares Corp's management team and ensure that shareholders' interests are well served. InBankshares Corp'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, InBankshares Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward SrCEO PresProfile
Daniel PattenEx CFOProfile
Mark ChristianEx COOProfile
Brian KrepsEVP PresProfile
Christine JohnsonVP ControllerProfile
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