Federal Agricultural Correlations

A35 Stock

EUR 178.00 3.00 1.71%

The current 90-days correlation between Federal Agricultural and WILLIS LEASE FIN is 0.34 (i.e., Weak diversification). The correlation of Federal Agricultural 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.

Federal Agricultural Correlation With Market

Good diversification

The correlation between Federal Agricultural Mortgage and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federal Agricultural Mortgage and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Federal Stock

0.61	3V64	Visa Inc	Pair Corr
0.78	M4I	Mastercard	Pair Corr
0.7	M4I	Mastercard	Pair Corr
0.69	DC7	Discover Financial	Pair Corr

Related Correlations Analysis

	WIJ	UN3	07M	UR3	37H	TF7A	TF7A	LWF
WIJ		0.38	-0.69	0.58	-0.22	-0.28	-0.3	0.65	WIJ
UN3	0.38		0.01	0.42	-0.1	-0.01	0.07	0.09	UN3
07M	-0.69	0.01		-0.69	0.38	0.64	0.72	-0.7	07M
UR3	0.58	0.42	-0.69		-0.61	-0.55	-0.58	0.63	UR3
37H	-0.22	-0.1	0.38	-0.61		0.22	0.32	-0.25	37H
TF7A	-0.28	-0.01	0.64	-0.55	0.22		0.88	-0.36	TF7A
TF7A	-0.3	0.07	0.72	-0.58	0.32	0.88		-0.43	TF7A
LWF	0.65	0.09	-0.7	0.63	-0.25	-0.36	-0.43		LWF
	WIJ	UN3	07M	UR3	37H	TF7A	TF7A	LWF

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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

TF7A	+ 0.88	TF7A
TF7A	+ 0.72	07M
LWF	+ 0.65	WIJ
TF7A	+ 0.64	07M
LWF	+ 0.63	UR3
UR3	+ 0.58	WIJ

High negative correlations

LWF	- 0.7	07M
UR3	- 0.69	07M
07M	- 0.69	WIJ
37H	- 0.61	UR3
TF7A	- 0.58	UR3
TF7A	- 0.55	UR3

Risk-Adjusted Indicators

There is a big difference between Federal Stock performing well and Federal Agricultural 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 Federal Agricultural'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
WIJ	2.25	(0.14)	0.00	(0.50)	0.00	0.00	5.68	(4.14)	24.13
UN3	2.44	(0.04)	0.00	(0.08)	0.00	0.00	5.60	(4.87)	16.14
07M	2.77	0.34	0.05	(2.88)	3.26	(6.44)	9.09	(7.69)	19.09
UR3	1.88	(0.23)	0.00	(2.23)	0.00	0.00	3.69	(4.15)	14.00
37H	1.30	0.13	0.11	(1.73)	1.41	(1.41)	3.00	(2.60)	10.04
TF7A	1.34	0.04	0.04	(0.19)	1.64	(1.39)	3.31	(2.72)	8.11
TF7A	1.15	0.02	0.04	(0.10)	1.40	(1.19)	2.54	(2.21)	6.73
LWF	1.48	0.02	0.01	0.03	1.75	(2.34)	2.80	(3.33)	16.34

Be your own money manager

Our tools can tell you how much better you can do entering a position in Federal Agricultural 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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Federal Agricultural Corporate Management

Elected by the shareholders, the Federal Agricultural's board of directors comprises two types of representatives: Federal Agricultural inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Federal. The board's role is to monitor Federal Agricultural's management team and ensure that shareholders' interests are well served. Federal Agricultural's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Federal Agricultural's outside directors are responsible for providing unbiased perspectives on the board's policies.

Michelle Nichols	Director Compliance	Profile
Megan MurrayPelaez	Director Communications	Profile
Zachary Carpenter	Exec Officer	Profile
Gregory Ramsey	Controller VP	Profile
Aparna Ramesh	Ex CFO	Profile
Marc Crady	VP Officer	Profile
Jalpa Nazareth	Director Strategy	Profile

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