Auburn National Correlations

AUBN Stock

USD 21.65 0.30 1.41%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Auburn National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Auburn National Bancorporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Auburn National Correlation With Market

Good diversification

The correlation between Auburn National Bancorp. and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Auburn National Bancorp. and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auburn National Bancorporation. 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 together with Auburn Stock

0.61	EFSI	Eagle Financial Services	Pair Corr
0.71	WAFD	Washington Federal	Pair Corr
0.66	WAFDP	Washington Federal	Pair Corr

Moving against Auburn Stock

0.73	TFC-PO	Truist Financial	Pair Corr
0.7	TFC-PI	Truist Financial	Pair Corr
0.69	WF	Woori Financial Group	Pair Corr
0.67	TECTP	Tectonic Financial	Pair Corr
0.66	TFC-PR	Truist Financial	Pair Corr
0.62	EBMT	Eagle Bancorp Montana	Pair Corr
0.61	DB	Deutsche Bank AG	Pair Corr
0.46	NU	Nu Holdings	Pair Corr
0.46	CFG-PE	Citizens Financial	Pair Corr
0.44	EBTC	Enterprise Bancorp	Pair Corr
0.43	VBFC	Village Bank	Pair Corr
0.76	BANC-PF	Banc of California	Pair Corr
0.76	WSBCP	WesBanco	Pair Corr
0.64	KEY-PL	KeyCorp	Pair Corr
0.57	CFG-PH	Citizens Financial Group,	Pair Corr
0.57	KEY-PI	KeyCorp	Pair Corr
0.56	KEY-PJ	KeyCorp	Pair Corr
0.51	KEY-PK	KeyCorp	Pair Corr
0.47	ESSA	ESSA Bancorp	Pair Corr
0.45	EFSC	Enterprise Financial	Pair Corr
0.44	WNEB	Western New England	Pair Corr

Related Correlations Analysis

	CULL	HFBL	HMNF	LNKB	HVBC	AFBI	BCAL	BCML	CWBC	OFED
CULL		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	CULL
HFBL	0.0		0.0	-0.1	0.0	-0.26	-0.14	0.14	-0.05	0.0	HFBL
HMNF	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	HMNF
LNKB	0.0	-0.1	0.0		0.0	0.24	0.72	0.45	0.62	0.0	LNKB
HVBC	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	HVBC
AFBI	0.0	-0.26	0.0	0.24	0.0		0.34	-0.1	0.26	0.0	AFBI
BCAL	0.0	-0.14	0.0	0.72	0.0	0.34		0.6	0.78	0.0	BCAL
BCML	0.0	0.14	0.0	0.45	0.0	-0.1	0.6		0.82	0.0	BCML
CWBC	0.0	-0.05	0.0	0.62	0.0	0.26	0.78	0.82		0.0	CWBC
OFED	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		OFED
	CULL	HFBL	HMNF	LNKB	HVBC	AFBI	BCAL	BCML	CWBC	OFED

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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

CWBC	+ 0.82	BCML
CWBC	+ 0.78	BCAL
BCAL	+ 0.72	LNKB
CWBC	+ 0.62	LNKB
BCML	+ 0.6	BCAL
BCML	+ 0.45	LNKB

High negative correlations

AFBI	- 0.26	HFBL
BCAL	- 0.14	HFBL
BCML	- 0.1	AFBI
LNKB	- 0.1	HFBL
CWBC	- 0.05	HFBL
OFED	- 0.0	CWBC

Risk-Adjusted Indicators

There is a big difference between Auburn Stock performing well and Auburn National 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 Auburn National'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
CULL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HFBL	1.62	0.14	0.05	0.40	2.10	(2.12)	5.67	(4.53)	13.32
HMNF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LNKB	1.45	(0.08)	0.00	(0.19)	0.00	0.00	3.37	(2.81)	8.31
HVBC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AFBI	1.18	(0.16)	0.00	(0.54)	0.00	0.00	2.53	(2.02)	22.46
BCAL	1.04	(0.14)	0.00	(0.21)	0.00	0.00	2.01	(2.38)	9.36
BCML	1.51	(0.03)	0.00	(0.04)	0.00	0.00	2.67	(2.95)	10.35
CWBC	0.95	(0.06)	0.00	(0.09)	0.00	0.00	2.45	(2.14)	6.01
OFED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Auburn National Corporate Executives

Elected by the shareholders, the Auburn National's board of directors comprises two types of representatives: Auburn National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Auburn. The board's role is to monitor Auburn National's management team and ensure that shareholders' interests are well served. Auburn National'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, Auburn National's outside directors are responsible for providing unbiased perspectives on the board's policies.

David Hedges

CFO and Executive VP

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