Republic Bank Correlations
| RBAZDelisted Stock | USD 21.55 0.00 0.00% |
The current 90-days correlation between Republic Bank and Susquehanna Community Financial is -0.06 (i.e., Good diversification). The correlation of Republic 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Republic Bank Correlation With Market
Very poor diversification
The correlation between Republic Bank and DJI is 0.81 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Republic Bank and DJI in the same portfolio, assuming nothing else is changed.
Republic |
The ability to find closely correlated positions to Republic 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 Republic 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 Republic 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 Republic Bank to buy it.
Moving together with Republic Pink Sheet
| 0.76 | CIHHF | China Merchants Bank | PairCorr |
| 0.85 | MFG | Mizuho Financial Earnings Call This Week | PairCorr |
| 0.63 | ITUB | Itau Unibanco Banco Aggressive Push | PairCorr |
| 0.93 | PNC | PNC Financial Services | PairCorr |
| 0.8 | HRMY | Harmony Biosciences | PairCorr |
| 0.86 | AA | Alcoa Corp | PairCorr |
| 0.87 | WMT | Walmart Common Stock Sell-off Trend | PairCorr |
| 0.78 | CAT | Caterpillar Earnings Call This Week | PairCorr |
| 0.7 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.62 | BAC | Bank of America | PairCorr |
Moving against Republic Pink Sheet
| 0.69 | HDB | HDFC Bank Limited Sell-off Trend | PairCorr |
| 0.48 | IBN | ICICI Bank Limited Earnings Call Today | PairCorr |
| 0.39 | BKLRF | Berkeley Energy | PairCorr |
| 0.78 | T | ATT Inc Earnings Call This Week | PairCorr |
| 0.72 | MSFT | Microsoft Earnings Call This Week | PairCorr |
| 0.68 | HPQ | HP Inc | 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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Republic Pink Sheet performing well and Republic Bank 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 Republic 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NUBC | 0.75 | 0.26 | 0.10 | 37.05 | 0.62 | 2.06 | 7.91 | |||
| PSBP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SQCF | 0.87 | 0.06 | 0.00 | 0.30 | 1.13 | 1.73 | 6.80 | |||
| CFOK | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CMUV | 0.28 | 0.11 | 0.00 | 15.92 | 0.00 | 0.88 | 5.90 | |||
| TSBA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CSKL | 0.77 | 0.14 | 0.00 | 1.12 | 0.00 | 2.63 | 10.93 | |||
| MIFF | 0.60 | (0.03) | 0.00 | 1.58 | 0.00 | 1.85 | 6.48 | |||
| MNBP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FCCT | 0.40 | 0.20 | 0.00 | (2.50) | 0.00 | 1.44 | 6.60 |
Republic Bank Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Republic Bank pink sheet to make a market-neutral strategy. Peer analysis of Republic Bank could also be used in its relative valuation, which is a method of valuing Republic Bank by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Republic Bank Corporate Management
| Frank Smith | VP Operations | Profile | |
| Angela Whitney | VP Officer | Profile | |
| Abigail Thomas | Assistant Mang | Profile | |
| Brian Ruisinger | CEO Pres | Profile | |
| Rae Lajoie | Controller | Profile | |
| Amy Blunt | Chief VP | Profile | |
| Christine Haugen | Ex CFO | Profile |
Still Interested in Republic Bank?
Investing in delisted pink sheets can be risky, as the pink sheet 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.