SSB Bancorp Correlations

SSBP Stock

USD 14.10 1.09 8.38%

The current 90-days correlation between SSB Bancorp and Enterprise Financial Services is -0.09 (i.e., Good diversification). The correlation of SSB Bancorp 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.

SSB Bancorp Correlation With Market

Poor diversification

The correlation between SSB Bancorp and DJI is 0.69 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SSB Bancorp and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with SSB Pink Sheet

0.67	CIHHF	China Merchants Bank	Pair Corr
0.68	BBDC4	Banco Bradesco SA	Pair Corr
0.76	BBAS3	Banco do Brasil	Pair Corr
0.76	MFG	Mizuho Financial	Pair Corr
0.8	ITUB	Itau Unibanco Banco	Pair Corr
0.72	PNC	PNC Financial Services	Pair Corr
0.71	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.69	SAR	Saratoga Investment Corp	Pair Corr
0.75	ALFVF	Alfa Laval AB	Pair Corr
0.7	ESCA	Escalade Incorporated	Pair Corr
0.83	TDY	Teledyne Technologies	Pair Corr
0.67	MBINN	Merchants Bancorp	Pair Corr
0.81	ADEA	ADEIA P	Pair Corr
0.64	WEJTY	Webjet Limited	Pair Corr
0.66	BHB	Bar Harbor Bankshares	Pair Corr
0.7	SOJE	Southern Company	Pair Corr
0.78	GEL	Genesis Energy LP	Pair Corr
0.87	TRP	TC Energy Corp	Pair Corr
0.82	DREUF	Dream Industrial Real	Pair Corr
0.74	NTRSO	Northern Trust	Pair Corr
0.73	GL-PD	Globe Life 425	Pair Corr

Moving against SSB Pink Sheet

0.74	JD	JD Inc Adr Earnings Call This Week	Pair Corr
0.65	ACN	Accenture plc	Pair Corr
0.61	HDB	HDFC Bank Limited	Pair Corr
0.56	AMZN	Amazon Inc	Pair Corr
0.35	CIHKY	China Merchants Bank	Pair Corr
0.55	TTCM	Tautachrome	Pair Corr

Related Correlations Analysis

	QNTO	EFSG	APLO	CNAF	FRFC	WVFC	LKSB	WOBK	RBNK	HVLM
QNTO		0.59	0.86	0.74	0.61	0.92	0.32	0.8	0.74	0.91	QNTO
EFSG	0.59		0.58	0.35	0.8	0.52	-0.06	0.38	0.6	0.44	EFSG
APLO	0.86	0.58		0.67	0.74	0.81	0.04	0.8	0.73	0.81	APLO
CNAF	0.74	0.35	0.67		0.35	0.65	0.39	0.55	0.61	0.7	CNAF
FRFC	0.61	0.8	0.74	0.35		0.55	-0.16	0.51	0.72	0.48	FRFC
WVFC	0.92	0.52	0.81	0.65	0.55		0.38	0.84	0.69	0.91	WVFC
LKSB	0.32	-0.06	0.04	0.39	-0.16	0.38		0.39	0.15	0.48	LKSB
WOBK	0.8	0.38	0.8	0.55	0.51	0.84	0.39		0.67	0.92	WOBK
RBNK	0.74	0.6	0.73	0.61	0.72	0.69	0.15	0.67		0.69	RBNK
HVLM	0.91	0.44	0.81	0.7	0.48	0.91	0.48	0.92	0.69		HVLM
	QNTO	EFSG	APLO	CNAF	FRFC	WVFC	LKSB	WOBK	RBNK	HVLM

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

WVFC	+ 0.92	QNTO
HVLM	+ 0.92	WOBK
HVLM	+ 0.91	QNTO
HVLM	+ 0.91	WVFC
APLO	+ 0.86	QNTO
WOBK	+ 0.84	WVFC

High negative correlations

LKSB	- 0.16	FRFC
LKSB	- 0.06	EFSG

Risk-Adjusted Indicators

There is a big difference between SSB Pink Sheet performing well and SSB Bancorp 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 SSB Bancorp'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
QNTO	1.23	0.57	0.26	3.59	0.41	(1.92)	4.77	(1.83)	13.50
EFSG	1.20	0.31	0.07	0.50	1.14	(4.34)	3.09	(1.93)	23.51
APLO	0.99	0.42	0.00	(2.09)	0.00	0.00	2.27	0.00	18.55
CNAF	1.12	0.21	0.06	(1.44)	1.40	(1.29)	2.75	(2.73)	7.16
FRFC	0.82	0.28	0.06	(0.83)	0.67	(2.53)	3.15	(1.91)	9.68
WVFC	1.17	0.28	0.06	2.87	1.55	(1.96)	3.87	(3.00)	11.84
LKSB	0.76	0.08	0.00	2.87	0.00	0.00	4.17	0.00	11.92
WOBK	1.12	0.25	0.00	0.60	0.00	0.00	6.05	(0.12)	22.56
RBNK	0.49	0.17	0.00	(1.95)	0.00	0.00	2.08	0.00	9.97
HVLM	0.65	0.28	0.00	0.61	0.00	0.00	0.00	0.00	20.04

Be your own money manager

Our tools can tell you how much better you can do entering a position in SSB Bancorp 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 Crypto Correlations Now

Crypto Correlations

Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins

All Next

Launch Module

SSB Bancorp Corporate Management

Daniel IV	CEO Pres	Profile
Peter Stires	VP Lending	Profile
Benjamin Contrucci	Chief Officer	Profile
Frances Amorose	Accounting Sec	Profile

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