Teb Bancorp Correlations

TBBA Stock

USD 6.96 0.00 0.00%

The current 90-days correlation between Teb Bancorp and HMN Financial is -0.05 (i.e., Good diversification). The correlation of Teb 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.

Teb Bancorp Correlation With Market

Significant diversification

The correlation between Teb Bancorp and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Teb Bancorp and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Teb 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 Teb 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 Teb 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 Teb Bancorp to buy it.

Moving against Teb Pink Sheet

0.53	HNHPF	Hon Hai Precision	Pair Corr
0.52	BBDC4	Banco Bradesco SA	Pair Corr
0.36	DPSTF	Deutsche Post AG	Pair Corr
0.33	BBAS3	Banco do Brasil	Pair Corr
0.69	XOM	Exxon Mobil Corp Earnings Call This Week	Pair Corr
0.62	HPQ	HP Inc	Pair Corr
0.62	AA	Alcoa Corp	Pair Corr
0.6	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.57	VZ	Verizon Communications Aggressive Push	Pair Corr
0.53	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.37	PG	Procter Gamble	Pair Corr

Related Correlations Analysis

	HMNF	SFBC	FNWD	FRAF	CWBC	ALPIB	MSVB	AGRPF	AOZOF	ISTR
HMNF		-0.27	-0.57	0.04	-0.19	0.33	0.45	0.0	-0.05	-0.3	HMNF
SFBC	-0.27		0.31	0.09	0.33	0.03	-0.29	0.0	-0.07	0.29	SFBC
FNWD	-0.57	0.31		0.38	0.47	-0.55	-0.8	0.0	-0.33	0.62	FNWD
FRAF	0.04	0.09	0.38		0.69	0.03	-0.62	0.0	-0.47	0.64	FRAF
CWBC	-0.19	0.33	0.47	0.69		0.32	-0.67	0.0	-0.19	0.9	CWBC
ALPIB	0.33	0.03	-0.55	0.03	0.32		0.37	0.0	0.46	0.13	ALPIB
MSVB	0.45	-0.29	-0.8	-0.62	-0.67	0.37		0.0	0.55	-0.77	MSVB
AGRPF	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	AGRPF
AOZOF	-0.05	-0.07	-0.33	-0.47	-0.19	0.46	0.55	0.0		-0.1	AOZOF
ISTR	-0.3	0.29	0.62	0.64	0.9	0.13	-0.77	0.0	-0.1		ISTR
	HMNF	SFBC	FNWD	FRAF	CWBC	ALPIB	MSVB	AGRPF	AOZOF	ISTR

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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

ISTR	+ 0.9	CWBC
CWBC	+ 0.69	FRAF
ISTR	+ 0.64	FRAF
ISTR	+ 0.62	FNWD
AOZOF	+ 0.55	MSVB
CWBC	+ 0.47	FNWD

High negative correlations

MSVB	- 0.8	FNWD
ISTR	- 0.77	MSVB
MSVB	- 0.67	CWBC
MSVB	- 0.62	FRAF
FNWD	- 0.57	HMNF
ALPIB	- 0.55	FNWD

Risk-Adjusted Indicators

There is a big difference between Teb Pink Sheet performing well and Teb 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 Teb 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
HMNF	1.88	0.38	0.15	1.36	1.85	(2.37)	4.29	(3.19)	13.15
SFBC	0.95	(0.03)	0.00	0.61	0.00	0.00	3.30	(2.06)	7.41
FNWD	0.96	(0.22)	0.00	(0.97)	0.00	0.00	2.12	(2.54)	8.51
FRAF	1.09	0.15	0.09	0.42	1.04	(1.32)	4.60	(2.17)	11.12
CWBC	1.10	0.00	(0.02)	0.04	1.38	(1.17)	2.53	(2.11)	11.26
ALPIB	0.47	0.19	0.15	6.44	0.23	(0.75)	1.72	(0.58)	6.44
MSVB	1.98	0.22	0.05	(0.42)	2.34	(2.62)	6.12	(3.92)	14.99
AGRPF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AOZOF	3.42	(1.94)	0.00	(0.57)	0.00	0.00	0.00	0.00	42.84
ISTR	1.62	(0.06)	0.00	(0.12)	0.00	0.00	3.16	(3.28)	17.96

Be your own money manager

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

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Teb Bancorp Corporate Management

Lauren Poppen	Treasurer VP	Profile
William Behm	VP Officer	Profile
Jennifer Provancher	CEO Chairperson	Profile
Thomas Sattler	Ex Director	Profile
Erin Arneson	Co Sec	Profile
John Udvare	Chief Officer	Profile

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