SHF Holdings Correlations

SHFS Stock

USD 0.44 0.04 8.33%

The current 90-days correlation between SHF Holdings and First Community is -0.13 (i.e., Good diversification). The correlation of SHF Holdings 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.

SHF Holdings Correlation With Market

Significant diversification

The correlation between SHF Holdings and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SHF Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SHF Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

For more information on how to buy SHF Stock please use our How to Invest in SHF Holdings guide.

Moving against SHF Stock

0.34	VABK	Virginia National	Pair Corr
0.37	WAFDP	Washington Federal	Pair Corr
0.33	WASH	Washington Trust Bancorp	Pair Corr
0.32	WAFD	Washington Federal	Pair Corr
0.38	FBLA	FB Bancorp, Common	Pair Corr

Related Correlations Analysis

	FNWD	NFBK	CWBC	FCCO	LNKB	FIDS	MIFF	CEFC	PCLB
FNWD		0.86	0.8	0.18	0.51	0.92	-0.7	-0.82	0.0	FNWD
NFBK	0.86		0.88	0.44	0.33	0.81	-0.78	-0.81	0.0	NFBK
CWBC	0.8	0.88		0.58	0.46	0.74	-0.73	-0.71	0.0	CWBC
FCCO	0.18	0.44	0.58		0.28	0.06	-0.42	-0.04	0.0	FCCO
LNKB	0.51	0.33	0.46	0.28		0.35	-0.15	-0.35	0.0	LNKB
FIDS	0.92	0.81	0.74	0.06	0.35		-0.71	-0.83	0.0	FIDS
MIFF	-0.7	-0.78	-0.73	-0.42	-0.15	-0.71		0.54	0.0	MIFF
CEFC	-0.82	-0.81	-0.71	-0.04	-0.35	-0.83	0.54		0.0	CEFC
PCLB	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		PCLB
	FNWD	NFBK	CWBC	FCCO	LNKB	FIDS	MIFF	CEFC	PCLB

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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

FIDS	+ 0.92	FNWD
CWBC	+ 0.88	NFBK
NFBK	+ 0.86	FNWD
FIDS	+ 0.81	NFBK
CWBC	+ 0.8	FNWD
FIDS	+ 0.74	CWBC

High negative correlations

CEFC	- 0.83	FIDS
CEFC	- 0.82	FNWD
CEFC	- 0.81	NFBK
MIFF	- 0.78	NFBK
MIFF	- 0.73	CWBC
MIFF	- 0.71	FIDS

Risk-Adjusted Indicators

There is a big difference between SHF Stock performing well and SHF Holdings 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 SHF Holdings' 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
FNWD	0.95	(0.25)	0.00	(0.86)	0.00	0.00	2.12	(2.79)	8.51
NFBK	1.49	(0.21)	0.00	(0.20)	0.00	0.00	3.61	(2.55)	10.63
CWBC	1.04	(0.05)	0.00	(0.04)	0.00	0.00	2.52	(2.16)	6.95
FCCO	1.14	0.12	0.07	0.20	1.36	(1.26)	3.86	(2.28)	8.95
LNKB	1.35	(0.02)	(0.01)	0.00	1.58	(1.44)	3.44	(2.93)	6.57
FIDS	0.52	(0.10)	0.00	(0.43)	0.00	0.00	2.19	(2.17)	7.73
MIFF	1.18	0.09	0.02	(1.19)	1.76	(2.51)	3.32	(3.72)	11.64
CEFC	1.07	0.18	0.05	(0.36)	1.39	(1.75)	3.79	(3.43)	10.33
PCLB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

SHF Holdings Corporate Management

Donald Emmi	Chief Officer	Profile
Sundie Seefried	Founder CEO	Profile
Tyler Beuerlein	Chief Officer	Profile
Paul Penney	Chief Officer	Profile
James MBA	Chief Officer	Profile

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