PB Financial Correlations

PBNC Stock

USD 56.25 0.25 0.45%

The current 90-days correlation between PB Financial and Kish Bancorp is -0.08 (i.e., Good diversification). The correlation of PB Financial 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.

PB Financial Correlation With Market

Average diversification

The correlation between PB Financial and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PB Financial and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to PB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PB Financial 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 PB Financial - 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 PB Financial to buy it.

Moving together with PBNC OTC Stock

0.78	MUFG	Mitsubishi UFJ Financial Normal Trading	Pair Corr
0.79	MBFJF	Mitsubishi UFJ Financial Normal Trading	Pair Corr
0.86	SMFG	Sumitomo Mitsui Financial Normal Trading	Pair Corr
0.86	SMFNF	Sumitomo Mitsui Financial Normal Trading	Pair Corr
0.61	KB	KB Financial Group	Pair Corr
0.82	MFG	Mizuho Financial	Pair Corr
0.8	MZHOF	Mizuho Financial Normal Trading	Pair Corr
0.69	JPM	JPMorgan Chase	Pair Corr
0.84	MRK	Merck Company	Pair Corr
0.67	BAC	Bank of America	Pair Corr
0.9	AA	Alcoa Corp Earnings Call This Week	Pair Corr
0.67	CAT	Caterpillar Sell-off Trend	Pair Corr
0.7	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.78	DD	Dupont De Nemours	Pair Corr
0.82	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr

Moving against PBNC OTC Stock

0.61	T	ATT Inc	Pair Corr
0.4	HD	Home Depot	Pair Corr

Related Correlations Analysis

	KISB	PONT	PBNK	TYFG	SOMC	PFLC	PRMY	CNBP	CBBI	TYBT
KISB		-0.06	-0.47	0.61	-0.36	0.44	0.38	0.45	-0.19	0.03	KISB
PONT	-0.06		0.05	-0.35	-0.29	-0.76	-0.69	-0.72	-0.52	0.36	PONT
PBNK	-0.47	0.05		-0.73	0.64	-0.51	-0.61	-0.53	0.18	0.26	PBNK
TYFG	0.61	-0.35	-0.73		-0.43	0.79	0.79	0.8	0.23	0.01	TYFG
SOMC	-0.36	-0.29	0.64	-0.43		-0.06	-0.17	-0.02	0.55	-0.1	SOMC
PFLC	0.44	-0.76	-0.51	0.79	-0.06		0.9	0.94	0.45	-0.32	PFLC
PRMY	0.38	-0.69	-0.61	0.79	-0.17	0.9		0.89	0.39	-0.16	PRMY
CNBP	0.45	-0.72	-0.53	0.8	-0.02	0.94	0.89		0.44	-0.26	CNBP
CBBI	-0.19	-0.52	0.18	0.23	0.55	0.45	0.39	0.44		0.03	CBBI
TYBT	0.03	0.36	0.26	0.01	-0.1	-0.32	-0.16	-0.26	0.03		TYBT
	KISB	PONT	PBNK	TYFG	SOMC	PFLC	PRMY	CNBP	CBBI	TYBT

Please upgrade your account to get full access to Macroaxis premium features

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

CNBP	+ 0.94	PFLC
PRMY	+ 0.9	PFLC
CNBP	+ 0.89	PRMY
CNBP	+ 0.8	TYFG
PFLC	+ 0.79	TYFG
PRMY	+ 0.79	TYFG

High negative correlations

PFLC	- 0.76	PONT
TYFG	- 0.73	PBNK
CNBP	- 0.72	PONT
PRMY	- 0.69	PONT
PRMY	- 0.61	PBNK
CNBP	- 0.53	PBNK

Risk-Adjusted Indicators

There is a big difference between PBNC OTC Stock performing well and PB Financial 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 PB Financial'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
KISB	0.58	0.11	0.01	(0.88)	0.64	(0.95)	1.19	(1.59)	6.59
PONT	0.03	(0.01)	0.00	0.56	0.00	0.00	0.00	0.00	1.44
PBNK	0.34	(0.09)	0.00	(3.61)	0.00	0.00	0.74	(1.04)	2.74
TYFG	0.38	0.10	0.02	1.06	0.32	(0.60)	1.10	(0.51)	4.20
SOMC	0.61	(0.04)	0.00	(0.35)	0.00	0.00	1.02	(1.79)	5.85
PFLC	0.56	0.13	0.05	1.61	0.57	(0.76)	1.24	(1.37)	3.79
PRMY	0.53	0.11	0.01	(1.67)	0.71	(1.09)	1.92	(1.38)	6.70
CNBP	0.90	0.50	0.00	(2.53)	0.00	0.00	2.19	0.00	14.02
CBBI	0.75	0.10	0.01	(21.50)	0.74	(1.06)	2.26	(1.49)	4.31
TYBT	0.69	0.12	0.00	3.87	0.00	0.00	1.43	(1.09)	23.40

Be your own money manager

Our tools can tell you how much better you can do entering a position in PB Financial 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?

Run Piotroski F Score Now

Piotroski F Score

Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals

All Next

Launch Module

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC