Federal Agricultural Correlations
| AGM-PD Preferred Stock | 23.19 0.18 0.78% |
The current 90-days correlation between Federal Agricultural and Capital One Financial is 0.3 (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
Significant diversification
The correlation between Federal Agricultural Mortgage and DJI is 0.06 (i.e., Significant 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.
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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 Preferred Stock
| 0.89 | AGM-PG | Federal Agricultural | PairCorr |
| 0.9 | AGM-PF | Federal Agricultural | PairCorr |
| 0.91 | AGM-PE | Federal Agricultural | PairCorr |
| 0.65 | DB | Deutsche Bank AG | PairCorr |
Moving against Federal Preferred Stock
| 0.63 | L | Loews Corp | PairCorr |
| 0.55 | ATLCP | Atlanticus Holdings Corp | PairCorr |
| 0.53 | V | Visa Class A | PairCorr |
| 0.51 | DHIL | Diamond Hill Investment | PairCorr |
| 0.45 | SYF-PB | Synchrony Financial | PairCorr |
| 0.43 | DIST | Distoken Acquisition | PairCorr |
| 0.36 | QCCO | QC Holdings | PairCorr |
| 0.64 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.62 | AX | Axos Financial | PairCorr |
| 0.61 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.41 | GS | Goldman Sachs Group Sell-off Trend | PairCorr |
| 0.34 | FG | FG Annuities Life | PairCorr |
| 0.31 | LC | LendingClub Corp | PairCorr |
| 0.31 | MC | Moelis | PairCorr |
Related Correlations Analysis
| 0.96 | 0.92 | 0.91 | 0.9 | COF-PI | ||
| 0.96 | 0.89 | 0.93 | 0.88 | COF-PJ | ||
| 0.92 | 0.89 | 0.95 | 0.92 | CFG-PE | ||
| 0.91 | 0.93 | 0.95 | 0.93 | WFC-PZ | ||
| 0.9 | 0.88 | 0.92 | 0.93 | EQH-PA | ||
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Risk-Adjusted Indicators
There is a big difference between Federal Preferred 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| COF-PI | 0.67 | (0.02) | (0.12) | 0.00 | 0.94 | 1.54 | 4.54 | |||
| COF-PJ | 0.64 | (0.04) | 0.00 | (0.32) | 0.00 | 1.20 | 4.18 | |||
| CFG-PE | 0.79 | (0.06) | 0.00 | (0.11) | 0.00 | 1.59 | 3.86 | |||
| WFC-PZ | 0.58 | (0.05) | 0.00 | (0.29) | 0.00 | 1.44 | 3.99 | |||
| EQH-PA | 0.59 | (0.05) | 0.00 | (0.20) | 0.00 | 1.22 | 3.27 |
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.Did you try this?
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Federal Agricultural Corporate Management
| 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 |