Merchants Bancorp Correlations
| MBINO Preferred Stock | USD 25.41 0.01 0.04% |
The current 90-days correlation between Merchants Bancorp and Merchants Bancorp PR is 0.07 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Merchants Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Merchants Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Merchants Bancorp Correlation With Market
Good diversification
The correlation between Merchants Bancorp and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Merchants Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Merchants |
The ability to find closely correlated positions to Merchants 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 Merchants 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 Merchants 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 Merchants Bancorp to buy it.
Moving together with Merchants Preferred Stock
| 0.66 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
| 0.73 | VABK | Virginia National | PairCorr |
| 0.73 | VBNK | VersaBank Fiscal Year End 11th of December 2024 | PairCorr |
| 0.77 | VBTX | Veritex Holdings Normal Trading | PairCorr |
| 0.74 | TECTP | Tectonic Financial | PairCorr |
| 0.87 | EBMT | Eagle Bancorp Montana Fiscal Year End 28th of January 2025 | PairCorr |
| 0.73 | EBTC | Enterprise Bancorp | PairCorr |
| 0.82 | ECBK | ECB Bancorp | PairCorr |
| 0.83 | CFG-PH | Citizens Financial Group, | PairCorr |
| 0.73 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.79 | KEY-PJ | KeyCorp | PairCorr |
| 0.89 | KEY-PK | KeyCorp | PairCorr |
| 0.92 | KEY-PL | KeyCorp | PairCorr |
| 0.61 | WASH | Washington Trust Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.65 | EQBK | Equity Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.77 | ESSA | ESSA Bancorp | PairCorr |
| 0.71 | TFINP | Triumph Financial | PairCorr |
| 0.88 | EVBN | Evans Bancorp | PairCorr |
| 0.91 | WSBCP | WesBanco | PairCorr |
| 0.76 | WMPN | William Penn Bancorp | PairCorr |
Moving against Merchants Preferred Stock
| 0.53 | WF | Woori Financial Group | PairCorr |
| 0.91 | FRCIL | First Republic Bank | PairCorr |
| 0.83 | FRCHL | First Republic Bank | PairCorr |
| 0.82 | FRCCL | First Republic Bank | PairCorr |
| 0.82 | FRCKL | First Republic Bank | PairCorr |
| 0.82 | FRCML | First Republic Bank | PairCorr |
| 0.77 | FRCLL | First Republic Bank | PairCorr |
| 0.49 | WBBW | Westbury Bancorp | PairCorr |
Related Correlations Analysis
| 0.64 | -0.07 | 0.35 | 0.27 | MBINP | ||
| 0.64 | -0.03 | 0.58 | 0.59 | MBNKP | ||
| -0.07 | -0.03 | 0.61 | 0.61 | NTRSO | ||
| 0.35 | 0.58 | 0.61 | 0.89 | VLYPO | ||
| 0.27 | 0.59 | 0.61 | 0.89 | VLYPP | ||
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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 Merchants Preferred Stock performing well and Merchants 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 Merchants 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MBINP | 1.66 | 0.14 | (0.02) | (0.11) | 2.16 | 3.55 | 11.23 | |||
| MBNKP | 0.58 | 0.09 | (0.05) | (0.41) | 0.73 | 1.46 | 4.46 | |||
| NTRSO | 0.70 | 0.01 | (0.11) | (0.01) | 1.03 | 1.53 | 5.86 | |||
| VLYPO | 0.51 | 0.07 | (0.06) | 3.63 | 0.65 | 1.26 | 3.28 | |||
| VLYPP | 0.59 | 0.10 | 0.01 | 0.55 | 0.52 | 1.80 | 4.06 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Merchants Bancorp 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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Merchants Bancorp Corporate Management
| John Macke | Ex CFO | Profile | |
| Michael Dunlap | CEO Pres | Profile | |
| Michael MBA | Pres Corp | Profile | |
| Vickie Vandivier | VP Officer | Profile | |
| Scott Evans | Pres COO | Profile | |
| Kevin Langford | Sr Officer | Profile | |
| Tami Durle | Ma Reporting | Profile |