Middlebury National Correlations
| MDVT Stock | USD 45.20 0.00 0.00% |
The current 90-days correlation between Middlebury National and Hocking Valley Bancshares is -0.11 (i.e., Good diversification). The correlation of Middlebury National 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Middlebury National Correlation With Market
Modest diversification
The correlation between Middlebury National and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Middlebury National and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Middlebury National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Middlebury National 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 Middlebury National - 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 Middlebury National to buy it.
Moving together with Middlebury Pink Sheet
| 0.76 | CIHHF | China Merchants Bank | PairCorr |
| 0.89 | MFG | Mizuho Financial | PairCorr |
| 0.8 | BRK-B | Berkshire Hathaway | PairCorr |
| 0.65 | EGP | EastGroup Properties | PairCorr |
| 0.63 | ULTA | Ulta Beauty | PairCorr |
| 0.84 | CX | Cemex SAB de Aggressive Push | PairCorr |
| 0.88 | HL | Hecla Mining Aggressive Push | PairCorr |
| 0.88 | APGE | Apogee Therapeutics, | PairCorr |
| 0.9 | RLMD | Relmada Therapeutics | PairCorr |
| 0.82 | GM | General Motors | PairCorr |
| 0.67 | CRRFY | Carrefour SA PK | PairCorr |
Moving against Middlebury Pink Sheet
| 0.69 | USB-PH | US Bancorp | PairCorr |
| 0.45 | IBN | ICICI Bank Limited | PairCorr |
| 0.44 | CYPS | Cyclo3pss | PairCorr |
| 0.35 | SWRM | Appswarm | PairCorr |
| 0.34 | WOLF | Wolfspeed, | 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 Middlebury Pink Sheet performing well and Middlebury National 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 Middlebury National'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HCKG | 2.25 | 0.51 | 0.00 | (1.21) | 0.00 | 1.85 | 61.14 | |||
| SCYT | 0.51 | 0.17 | 0.00 | 0.90 | 0.00 | 1.90 | 10.42 | |||
| HCBC | 1.64 | 0.26 | 0.11 | 1.30 | 1.44 | 4.65 | 12.19 | |||
| CYSM | 0.98 | 0.26 | 0.13 | 0.79 | 0.55 | 4.00 | 8.01 | |||
| PNBI | 0.58 | 0.14 | 0.01 | (0.17) | 1.00 | 1.37 | 14.17 | |||
| BHDB | 0.69 | 0.04 | 0.00 | 0.14 | 1.32 | 4.97 | 16.43 | |||
| HFBA | 0.40 | 0.16 | 0.00 | (0.50) | 0.00 | 2.04 | 5.17 | |||
| WDFN | 0.80 | 0.05 | 0.00 | 0.23 | 1.14 | 1.87 | 9.31 | |||
| PCLB | 0.43 | (0.02) | 0.00 | (0.18) | 0.00 | 1.49 | 8.50 | |||
| CDAB | 0.39 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 20.41 |
Be your own money manager
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Middlebury National Corporate Management
| Linda Harmon | Pres Director | Profile | |
| Stacey Brown | Treasurer | Profile | |
| Caroline Carpenter | Ex Director | Profile | |
| Lawrence II | S Director | Profile |