Security Federal Correlations

SFDL Stock

USD 30.00 2.50 9.09%

The current 90-days correlation between Security Federal and MF Bancorp is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Security Federal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Security Federal moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

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

Moving together with Security Pink Sheet

0.75	PAGP	Plains GP Holdings Sell-off Trend	Pair Corr
0.62	AROC	Archrock	Pair Corr

Moving against Security Pink Sheet

0.33

SHLS

Shoals Technologies

Pair Corr

Related Correlations Analysis

	MFBP	MNMB	MNBO	UBAB	HRBK	OSBK	MVLY	MSBC	NODB
MFBP		-0.51	0.46	0.25	0.51	0.65	0.34	-0.41	0.07	MFBP
MNMB	-0.51		-0.36	-0.55	-0.47	-0.67	-0.61	0.63	-0.33	MNMB
MNBO	0.46	-0.36		0.33	0.18	0.62	0.66	-0.58	-0.01	MNBO
UBAB	0.25	-0.55	0.33		0.7	0.52	0.56	-0.37	0.66	UBAB
HRBK	0.51	-0.47	0.18	0.7		0.59	0.26	-0.28	0.59	HRBK
OSBK	0.65	-0.67	0.62	0.52	0.59		0.72	-0.69	0.33	OSBK
MVLY	0.34	-0.61	0.66	0.56	0.26	0.72		-0.74	0.25	MVLY
MSBC	-0.41	0.63	-0.58	-0.37	-0.28	-0.69	-0.74		-0.22	MSBC
NODB	0.07	-0.33	-0.01	0.66	0.59	0.33	0.25	-0.22		NODB
	MFBP	MNMB	MNBO	UBAB	HRBK	OSBK	MVLY	MSBC	NODB

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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

MVLY	+ 0.72	OSBK
HRBK	+ 0.7	UBAB
MVLY	+ 0.66	MNBO
NODB	+ 0.66	UBAB
OSBK	+ 0.65	MFBP
MSBC	+ 0.63	MNMB

High negative correlations

MSBC	- 0.74	MVLY
MSBC	- 0.69	OSBK
OSBK	- 0.67	MNMB
MVLY	- 0.61	MNMB
MSBC	- 0.58	MNBO
UBAB	- 0.55	MNMB

Risk-Adjusted Indicators

There is a big difference between Security Pink Sheet performing well and Security Federal 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 Security Federal'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
MFBP	1.60	0.35	0.08	221.44	1.99	(2.72)	5.28	(4.12)	18.30
MNMB	0.74	(0.08)	0.00	(8.19)	0.00	0.00	1.29	(3.45)	11.13
MNBO	0.34	0.06	0.00	(0.24)	0.00	0.00	2.04	0.00	7.32
UBAB	1.16	0.15	0.08	0.76	1.38	(1.39)	2.48	(2.76)	9.51
HRBK	1.87	0.64	0.13	0.83	1.68	(4.75)	7.60	(2.23)	23.13
OSBK	0.19	0.07	0.00	(4.28)	0.00	0.00	0.75	0.00	3.63
MVLY	0.67	0.03	0.00	(0.15)	1.08	(2.04)	2.82	(1.84)	9.63
MSBC	0.76	0.14	0.00	0.32	0.00	0.00	3.50	(2.22)	7.79
NODB	0.42	0.10	0.06	1.85	0.54	(0.69)	1.78	(0.68)	7.08

Be your own money manager

Our tools can tell you how much better you can do entering a position in Security Federal 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.

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Security Federal Corporate Management

Robert EdD	S Director	Profile
Darrell Rains	Ex CFO	Profile
Beverly Nettles	VP Sec	Profile
Lesley Lampert	VP Officer	Profile
Anthony Ateca	Chief VP	Profile
Michael Strange	Exec Affairs	Profile

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