Village Bank Correlations

VBFC Stock

USD 77.90 0.00 0.00%

The current 90-days correlation between Village Bank and Oconee Federal Financial is -0.01 (i.e., Good diversification). The correlation of Village Bank 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.

Village Bank Correlation With Market

Average diversification

The correlation between Village Bank and and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Village Bank and 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 Village Bank and. 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.

Moving together with Village Stock

0.68	KB	KB Financial Group	Pair Corr
0.62	RF	Regions Financial Fiscal Year End 17th of January 2025	Pair Corr
0.67	VBNK	VersaBank Normal Trading	Pair Corr
0.63	VBTX	Veritex Holdings Fiscal Year End 28th of January 2025	Pair Corr
0.7	EBMT	Eagle Bancorp Montana Fiscal Year End 28th of January 2025	Pair Corr
0.79	ECBK	ECB Bancorp	Pair Corr
0.76	CFG-PH	Citizens Financial Group,	Pair Corr
0.67	EGBN	Eagle Bancorp Fiscal Year End 22nd of January 2025	Pair Corr
0.66	KEY-PK	KeyCorp	Pair Corr
0.64	TFINP	Triumph Financial	Pair Corr
0.69	EWBC	East West Bancorp Fiscal Year End 28th of January 2025	Pair Corr
0.68	WSBCP	WesBanco	Pair Corr
0.74	WMPN	William Penn Bancorp	Pair Corr

Moving against Village Stock

0.45	TFC-PO	Truist Financial	Pair Corr
0.36	TFC-PI	Truist Financial	Pair Corr
0.34	TFC-PR	Truist Financial	Pair Corr
0.44	WBBW	Westbury Bancorp	Pair Corr
0.38	FRCIL	First Republic Bank	Pair Corr

Related Correlations Analysis

	OFED	PMHG	WMPN	PBHC	HVBC	HMNF	MGYR	CULL	HFBL	CWBC
OFED		-0.53	-0.8	-0.73	-0.25	-0.34	-0.37	0.36	-0.15	0.35	OFED
PMHG	-0.53		0.8	0.45	0.69	0.7	0.72	-0.51	0.0	0.24	PMHG
WMPN	-0.8	0.8		0.74	0.49	0.53	0.64	-0.42	0.17	0.01	WMPN
PBHC	-0.73	0.45	0.74		0.15	0.43	0.48	-0.42	0.04	0.03	PBHC
HVBC	-0.25	0.69	0.49	0.15		0.4	0.69	-0.54	0.03	0.25	HVBC
HMNF	-0.34	0.7	0.53	0.43	0.4		0.51	-0.5	-0.1	0.17	HMNF
MGYR	-0.37	0.72	0.64	0.48	0.69	0.51		-0.69	0.09	0.48	MGYR
CULL	0.36	-0.51	-0.42	-0.42	-0.54	-0.5	-0.69		0.11	-0.17	CULL
HFBL	-0.15	0.0	0.17	0.04	0.03	-0.1	0.09	0.11		-0.04	HFBL
CWBC	0.35	0.24	0.01	0.03	0.25	0.17	0.48	-0.17	-0.04		CWBC
	OFED	PMHG	WMPN	PBHC	HVBC	HMNF	MGYR	CULL	HFBL	CWBC

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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

WMPN	+ 0.8	PMHG
PBHC	+ 0.74	WMPN
MGYR	+ 0.72	PMHG
HMNF	+ 0.7	PMHG
HVBC	+ 0.69	PMHG
MGYR	+ 0.69	HVBC

High negative correlations

WMPN	- 0.8	OFED
PBHC	- 0.73	OFED
CULL	- 0.69	MGYR
CULL	- 0.54	HVBC
PMHG	- 0.53	OFED
CULL	- 0.51	PMHG

Risk-Adjusted Indicators

There is a big difference between Village Stock performing well and Village Bank 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 Village Bank'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
OFED	2.13	(0.22)	0.00	1.09	0.00	0.00	3.48	(5.28)	12.66
PMHG	1.00	0.24	0.06	2.98	1.03	(2.06)	4.02	(1.64)	11.00
WMPN	0.84	0.08	0.03	0.23	0.81	(1.02)	2.23	(1.43)	6.97
PBHC	1.50	0.20	0.05	1.04	1.60	(2.05)	3.59	(2.49)	22.14
HVBC	1.51	0.31	0.08	1.20	2.03	(1.59)	2.68	(4.11)	18.63
HMNF	1.88	0.38	0.13	2.31	1.85	(2.37)	4.29	(3.19)	13.15
MGYR	0.62	0.10	0.02	0.68	0.55	(0.74)	1.63	(1.22)	3.88
CULL	0.51	(0.12)	0.00	(5.70)	0.00	0.00	1.18	(1.64)	4.73
HFBL	1.75	0.01	(0.01)	0.11	2.40	(3.13)	3.82	(4.31)	21.70
CWBC	1.03	0.03	0.04	0.12	1.08	(1.11)	2.53	(2.16)	9.14

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