TC Bancshares Correlations

Summary

TCBCDelisted Stock

USD 13.41 0.41 3.15%

The current 90-days correlation between TC Bancshares and Cullman Bancorp is -0.14 (i.e., Good diversification). The correlation of TC Bancshares 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.

TC Bancshares Correlation With Market

Good diversification

The correlation between TC Bancshares and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TC Bancshares and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving against TCBC Stock

0.45	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.4	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.4	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.4	EBTC	Enterprise Bancorp	Pair Corr
0.39	AX	Axos Financial	Pair Corr
0.36	EFSC	Enterprise Financial Fiscal Year End 27th of January 2025	Pair Corr
0.35	TECTP	Tectonic Financial	Pair Corr
0.31	VBNK	VersaBank Normal Trading	Pair Corr
0.36	WAFD	Washington Federal	Pair Corr
0.33	EQBK	Equity Bancshares, Fiscal Year End 22nd of January 2025	Pair Corr
0.33	WNEB	Western New England Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	CULL	HMNF	HFBL	HVBC	LSBK	PTRS	CWBC	FFNW	FCCO	FNWB
CULL		-0.5	0.11	-0.54	-0.45	0.09	-0.17	0.09	-0.41	-0.06	CULL
HMNF	-0.5		-0.1	0.4	0.3	-0.07	0.17	-0.05	0.51	0.05	HMNF
HFBL	0.11	-0.1		0.03	0.18	0.15	-0.04	-0.06	0.08	0.02	HFBL
HVBC	-0.54	0.4	0.03		0.42	-0.26	0.25	-0.46	0.29	-0.21	HVBC
LSBK	-0.45	0.3	0.18	0.42		-0.31	-0.25	-0.27	0.58	-0.37	LSBK
PTRS	0.09	-0.07	0.15	-0.26	-0.31		0.39	-0.09	0.08	0.31	PTRS
CWBC	-0.17	0.17	-0.04	0.25	-0.25	0.39		-0.21	0.34	0.5	CWBC
FFNW	0.09	-0.05	-0.06	-0.46	-0.27	-0.09	-0.21		-0.31	0.28	FFNW
FCCO	-0.41	0.51	0.08	0.29	0.58	0.08	0.34	-0.31		-0.15	FCCO
FNWB	-0.06	0.05	0.02	-0.21	-0.37	0.31	0.5	0.28	-0.15		FNWB
	CULL	HMNF	HFBL	HVBC	LSBK	PTRS	CWBC	FFNW	FCCO	FNWB

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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

FCCO	+ 0.58	LSBK
FCCO	+ 0.51	HMNF
FNWB	+ 0.5	CWBC
LSBK	+ 0.42	HVBC
HVBC	+ 0.4	HMNF
CWBC	+ 0.39	PTRS

High negative correlations

HVBC	- 0.54	CULL
HMNF	- 0.5	CULL
FFNW	- 0.46	HVBC
LSBK	- 0.45	CULL
FCCO	- 0.41	CULL
FNWB	- 0.37	LSBK

Risk-Adjusted Indicators

There is a big difference between TCBC Stock performing well and TC Bancshares 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 TC Bancshares' 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
CULL	0.51	(0.12)	0.00	(5.70)	0.00	0.00	1.18	(1.64)	4.73
HMNF	1.88	0.38	0.13	2.31	1.85	(2.37)	4.29	(3.19)	13.15
HFBL	1.75	0.01	(0.01)	0.11	2.40	(3.13)	3.82	(4.31)	21.70
HVBC	1.51	0.31	0.08	1.20	2.03	(1.59)	2.68	(4.11)	18.63
LSBK	1.15	0.09	0.02	0.33	1.25	(1.59)	3.69	(2.95)	8.55
PTRS	2.10	(0.10)	0.00	(0.42)	0.00	0.00	4.94	(4.32)	21.25
CWBC	1.03	0.03	0.04	0.12	1.08	(1.11)	2.53	(2.16)	9.14
FFNW	0.61	(0.02)	(0.11)	0.02	0.76	(0.67)	1.65	(1.13)	4.32
FCCO	1.35	0.21	0.09	1.07	1.14	(1.62)	4.19	(2.28)	11.05
FNWB	1.55	0.05	0.00	0.17	1.69	(1.77)	4.11	(2.82)	14.21

TC Bancshares Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TC Bancshares stock to make a market-neutral strategy. Peer analysis of TC Bancshares could also be used in its relative valuation, which is a method of valuing TC Bancshares by comparing valuation metrics with similar companies.

Cullman Bancorp HMN Financial Home Federal Bancorp HV Bancorp Lake Shore Bancorp Partners Bancorp Community West Bancshares First Financial Northwest First Community First Northwest Bancorp Oconee Federal Financial Magyar Bancorp American Airlines Group Alcoa Corp Apple Inc

Risk & Return

Correlation

TC Bancshares Corporate Management

Nathan Higdon	Senior VP	Profile
Jami Porter	VP Officer	Profile
Linda Bergman	Senior Retail	Profile
Trapper Griffith	VP Lending	Profile
Sara Aldridge	Senior Manager	Profile

Still Interested in TC Bancshares?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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