Savi Financial Correlations
| SVVB Stock | USD 15.10 0.00 0.00% |
The current 90-days correlation between Savi Financial and Summit Bank Group is 0.01 (i.e., Significant diversification). The correlation of Savi 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.
Savi Financial Correlation With Market
Good diversification
The correlation between Savi Financial and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Savi Financial and DJI in the same portfolio, assuming nothing else is changed.
Savi |
The ability to find closely correlated positions to Savi 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 Savi 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 Savi 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 Savi Financial to buy it.
Moving together with Savi Pink Sheet
| 0.64 | USB-PH | US Bancorp | PairCorr |
| 0.88 | WMT | Walmart Aggressive Push | PairCorr |
| 0.8 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.72 | MNPR | Monopar Therapeutics Trending | PairCorr |
| 0.74 | TGNA | Tegna Inc | PairCorr |
| 0.88 | EXCH | Exchange Bankshares | PairCorr |
| 0.75 | JPM | JPMorgan Chase | PairCorr |
| 0.72 | BAC | Bank of America | PairCorr |
Moving against Savi Pink Sheet
| 0.88 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.86 | DPSTF | Deutsche Post AG | PairCorr |
| 0.84 | BNPQY | BNP Paribas SA | PairCorr |
| 0.84 | BNPQF | BNP Paribas SA | PairCorr |
| 0.83 | HNHPF | Hon Hai Precision | PairCorr |
| 0.73 | BBAS3 | Banco do Brasil | PairCorr |
| 0.63 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.61 | VLKAF | Volkswagen AG | PairCorr |
| 0.58 | VLKPF | Volkswagen AG VZO | PairCorr |
| 0.54 | VWAPY | Volkswagen AG Pref | PairCorr |
| 0.48 | CIHHF | China Merchants Bank | PairCorr |
| 0.84 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.73 | PFE | Pfizer Inc Earnings Call This Week | PairCorr |
| 0.73 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.67 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.63 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.6 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.57 | HPQ | HP Inc | PairCorr |
Related Correlations Analysis
| -0.18 | 0.6 | 0.69 | 0.58 | 0.2 | SBKO | ||
| -0.18 | -0.29 | -0.4 | -0.21 | 0.07 | BKSC | ||
| 0.6 | -0.29 | 0.66 | 0.19 | 0.35 | PWBK | ||
| 0.69 | -0.4 | 0.66 | 0.51 | 0.01 | CBWA | ||
| 0.58 | -0.21 | 0.19 | 0.51 | 0.13 | MNBO | ||
| 0.2 | 0.07 | 0.35 | 0.01 | 0.13 | ORBN | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
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Risk-Adjusted Indicators
There is a big difference between Savi Pink Sheet performing well and Savi Financial 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 Savi 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SBKO | 1.16 | 0.20 | 0.04 | (0.36) | 1.97 | 2.71 | 36.21 | |||
| BKSC | 1.36 | (0.04) | 0.00 | 0.27 | 0.00 | 2.77 | 6.92 | |||
| PWBK | 0.97 | 0.04 | 0.00 | (0.28) | 1.87 | 2.75 | 20.12 | |||
| CBWA | 0.44 | 0.20 | 0.41 | (29.96) | 0.00 | 1.88 | 5.80 | |||
| MNBO | 0.34 | 0.06 | 0.00 | (0.25) | 0.00 | 2.04 | 7.32 | |||
| ORBN | 1.05 | (0.07) | 0.00 | (0.43) | 0.00 | 2.58 | 6.66 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Savi 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?
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Savi Financial Corporate Management
| Andrew Wilkens | VP Mang | Profile | |
| Bruce NMLS | VP Mang | Profile | |
| Michal Cann | Pres Chairman | Profile | |
| Robert Woods | S Treasurer | Profile |