Isabella Bank Correlations
| ISBA Stock | USD 50.30 0.30 0.60% |
The current 90-days correlation between Isabella Bank and Colony Bankcorp is 0.35 (i.e., Weak diversification). The correlation of Isabella Bank 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.
Isabella Bank Correlation With Market
Average diversification
The correlation between Isabella Bank 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 Isabella Bank and DJI in the same portfolio, assuming nothing else is changed.
Isabella |
The ability to find closely correlated positions to Isabella Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Isabella Bank 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 Isabella Bank - 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 Isabella Bank to buy it.
Moving together with Isabella OTC Stock
| 0.73 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.83 | BAC | Bank of America | PairCorr |
| 0.76 | AXP | American Express | PairCorr |
| 0.85 | JNJ | Johnson Johnson | PairCorr |
| 0.75 | TRV | The Travelers Companies | PairCorr |
| 0.88 | AA | Alcoa Corp | PairCorr |
| 0.79 | CSCO | Cisco Systems | PairCorr |
| 0.72 | JPM | JPMorgan Chase Earnings Call This Week | PairCorr |
Moving against Isabella OTC Stock
| 0.85 | CMWCF | Cromwell Property | PairCorr |
| 0.75 | HD | Home Depot | PairCorr |
| 0.67 | T | ATT Inc | PairCorr |
| 0.41 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.33 | HCMC | Healthier Choices | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between Isabella OTC Stock performing well and Isabella Bank 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 Isabella Bank'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CBAN | 1.12 | 0.07 | 0.00 | 1.84 | 1.56 | 2.41 | 9.25 | |||
| PLBC | 0.88 | 0.01 | (0.01) | 0.08 | 0.94 | 2.75 | 5.11 | |||
| WSBF | 0.96 | 0.07 | 0.04 | 0.15 | 1.06 | 2.54 | 6.37 | |||
| FNLC | 1.15 | 0.03 | 0.03 | 0.10 | 1.25 | 3.20 | 5.79 | |||
| JMSB | 1.65 | 0.00 | (0.02) | 0.07 | 2.14 | 3.37 | 15.99 | |||
| CZNC | 0.91 | 0.02 | (0.01) | 0.10 | 1.22 | 1.69 | 7.23 | |||
| BCML | 1.32 | 0.02 | 0.00 | 0.10 | 1.54 | 3.10 | 9.92 | |||
| FSBW | 1.23 | 0.01 | (0.01) | 0.09 | 1.25 | 3.28 | 10.30 | |||
| MBCN | 1.78 | 0.21 | 0.10 | 0.29 | 1.73 | 3.95 | 21.64 | |||
| FINW | 1.41 | (0.16) | 0.00 | (1.37) | 0.00 | 3.15 | 13.40 |
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Isabella Bank Corporate Management
Elected by the shareholders, the Isabella Bank's board of directors comprises two types of representatives: Isabella Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Isabella. The board's role is to monitor Isabella Bank's management team and ensure that shareholders' interests are well served. Isabella Bank'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, Isabella Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Douglas McFarlane | Pres Inc | Profile | |
| Miles Coffland | Assistant Auditing | Profile | |
| Neil McDonnell | Chief Officer | Profile | |
| Jennifer Gill | VP Controller | Profile | |
| Michael Prisby | VP Treasurer | Profile | |
| Debra Campbell | IR Contact | Profile |