Jeffersonville Bancorp Correlations

Summary

JFBCDelisted Stock

USD 18.45 0.00 0.00%

The current 90-days correlation between Jeffersonville Bancorp and Ottawa Savings Bancorp is -0.09 (i.e., Good diversification). The correlation of Jeffersonville 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.

Jeffersonville Bancorp Correlation With Market

Good diversification

The correlation between Jeffersonville Bancorp and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jeffersonville Bancorp and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Jeffersonville 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 Jeffersonville 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 Jeffersonville 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 Jeffersonville Bancorp to buy it.

Moving together with Jeffersonville OTC Stock

0.65	DB	Deutsche Bank AG	Pair Corr
0.71	EBMT	Eagle Bancorp Montana Normal Trading	Pair Corr
0.81	ECBK	ECB Bancorp	Pair Corr
0.85	CFG-PH	Citizens Financial Group,	Pair Corr
0.7	KEY-PK	KeyCorp	Pair Corr
0.71	KEY-PL	KeyCorp	Pair Corr
0.74	TFINP	Triumph Financial	Pair Corr
0.67	WSBCP	WesBanco	Pair Corr

Moving against Jeffersonville OTC Stock

0.4	TFC-PO	Truist Financial	Pair Corr
0.67	FRCIL	First Republic Bank	Pair Corr
0.65	WBBW	Westbury Bancorp	Pair Corr
0.52	FRCCL	First Republic Bank	Pair Corr
0.52	FRCHL	First Republic Bank	Pair Corr
0.51	FRCKL	First Republic Bank	Pair Corr
0.51	FRCML	First Republic Bank	Pair Corr
0.46	FRCLL	First Republic Bank	Pair Corr
0.34	WAFD	Washington Federal	Pair Corr

Related Correlations Analysis

	HRGG	OTTW	RBKB	BWBBP	BMRC	ATLO	AMNB	NBTB	FLIC	VLY
HRGG		-0.31	0.81	0.08	0.85	-0.22	0.5	0.51	0.79	0.89	HRGG
OTTW	-0.31		-0.65	-0.18	-0.18	0.33	-0.55	0.03	-0.29	-0.29	OTTW
RBKB	0.81	-0.65		0.22	0.6	-0.43	0.59	0.19	0.66	0.76	RBKB
BWBBP	0.08	-0.18	0.22		-0.15	-0.22	-0.15	-0.5	0.02	0.12	BWBBP
BMRC	0.85	-0.18	0.6	-0.15		-0.03	0.59	0.82	0.89	0.89	BMRC
ATLO	-0.22	0.33	-0.43	-0.22	-0.03		-0.36	0.36	0.06	-0.19	ATLO
AMNB	0.5	-0.55	0.59	-0.15	0.59	-0.36		0.41	0.6	0.57	AMNB
NBTB	0.51	0.03	0.19	-0.5	0.82	0.36	0.41		0.73	0.59	NBTB
FLIC	0.79	-0.29	0.66	0.02	0.89	0.06	0.6	0.73		0.88	FLIC
VLY	0.89	-0.29	0.76	0.12	0.89	-0.19	0.57	0.59	0.88		VLY
	HRGG	OTTW	RBKB	BWBBP	BMRC	ATLO	AMNB	NBTB	FLIC	VLY

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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

VLY	+ 0.89	HRGG
FLIC	+ 0.89	BMRC
VLY	+ 0.89	BMRC
VLY	+ 0.88	FLIC
BMRC	+ 0.85	HRGG
NBTB	+ 0.82	BMRC

High negative correlations

RBKB	- 0.65	OTTW
AMNB	- 0.55	OTTW
NBTB	- 0.5	BWBBP
ATLO	- 0.43	RBKB
AMNB	- 0.36	ATLO
OTTW	- 0.31	HRGG

Risk-Adjusted Indicators

There is a big difference between Jeffersonville OTC Stock performing well and Jeffersonville Bancorp 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 Jeffersonville 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
HRGG	0.77	0.22	0.11	0.54	0.25	(1.88)	2.59	(1.41)	8.97
OTTW	0.41	(0.04)	0.00	0.62	0.00	0.00	1.58	(1.53)	3.64
RBKB	1.25	0.24	0.11	0.88	1.11	(1.61)	4.15	(2.65)	9.98
BWBBP	1.37	0.02	(0.03)	0.17	1.70	(1.69)	3.91	(3.25)	11.03
BMRC	1.76	0.09	0.13	0.16	1.68	(2.14)	4.26	(3.64)	19.54
ATLO	1.49	(0.33)	0.00	(0.08)	0.00	0.00	3.08	(3.22)	10.80
AMNB	2.04	0.07	0.00	0.26	2.11	(2.30)	4.84	(2.96)	10.32
NBTB	1.43	(0.19)	(0.03)	0.03	1.64	(1.55)	2.51	(2.22)	17.43
FLIC	1.54	0.02	0.08	0.13	1.51	(1.74)	3.39	(2.48)	18.01
VLY	1.75	0.09	0.11	0.17	1.79	(2.05)	4.40	(3.44)	14.97

View Jeffersonville Bancorp Related Equities

Heritage NOLA Bancorp Ottawa Savings Bancorp Rhinebeck Bancorp Bridgewater Bancshares Depositary Bank of Marin Ames National American National Bankshares NBT Bancorp First of Long Valley National Bancorp Wintrust Financial Webster Financial Hancock Whitney Corp Fulton Financial US Bancorp

Risk & Return

Correlation

Jeffersonville Bancorp Corporate Management

Elected by the shareholders, the Jeffersonville Bancorp's board of directors comprises two types of representatives: Jeffersonville Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jeffersonville. The board's role is to monitor Jeffersonville Bancorp's management team and ensure that shareholders' interests are well served. Jeffersonville Bancorp'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, Jeffersonville Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.

Tatiana Hahn	Sr. VP, Chief Lending Officer of the First National Bank of Jeffersonville and Sr. VP of the First National Bank of Jeffersonville	Profile
Abigail Opper	VP Controller	Profile
Gilbert Weiss	Consultant Emeritus	Profile
Florence Horecky	VP Officer	Profile
Fred III	Corp Director	Profile

Still Interested in Jeffersonville Bancorp?

Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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