BEO Bancorp Correlations
| BEOB Stock | USD 84.00 1.50 1.82% |
The current 90-days correlation between BEO Bancorp and CCSB Financial Corp is -0.01 (i.e., Good diversification). The correlation of BEO Bancorp 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.
BEO Bancorp Correlation With Market
Significant diversification
The correlation between BEO Bancorp and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BEO Bancorp and DJI in the same portfolio, assuming nothing else is changed.
BEO |
The ability to find closely correlated positions to BEO Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BEO Bancorp 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 BEO Bancorp - 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 BEO Bancorp to buy it.
Moving together with BEO Pink Sheet
| 0.75 | CIHKY | China Merchants Bank Earnings Call This Week | PairCorr |
| 0.87 | BBAS3 | Banco do Brasil | PairCorr |
| 0.73 | USB-PH | US Bancorp | PairCorr |
| 0.75 | BNPQY | BNP Paribas SA | PairCorr |
| 0.77 | BNPQF | BNP Paribas SA | PairCorr |
| 0.75 | EC | Ecopetrol SA ADR | PairCorr |
| 0.71 | BTT | Blackrock Municipal | PairCorr |
| 0.82 | FANUF | Fanuc | PairCorr |
| 0.61 | WZZAF | Wizz Air Holdings | PairCorr |
| 0.81 | HGBL | Heritage Global | PairCorr |
| 0.88 | TD | Toronto Dominion Bank | PairCorr |
| 0.88 | GLBXF | Globex Mining Enterprises | PairCorr |
| 0.79 | BLTH | American Battery Mat | PairCorr |
| 0.82 | SGAPY | Singapore Telecommunicatio | PairCorr |
Moving against BEO Pink Sheet
| 0.65 | IBN | ICICI Bank Limited Normal Trading | PairCorr |
| 0.63 | HDB | HDFC Bank Limited | PairCorr |
| 0.54 | PTAIY | Astra International Tbk | PairCorr |
| 0.52 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.39 | UHG | United Homes Group | PairCorr |
| 0.31 | BKRKY | Bank Rakyat | PairCorr |
| 0.63 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.61 | QMCO | Quantum Trending | PairCorr |
| 0.71 | BOWL | Bowlero Corp Symbol Change | PairCorr |
| 0.51 | CHNXF | ChitogenX | PairCorr |
Related Correlations Analysis
| 0.08 | -0.34 | -0.23 | -0.6 | CCFC | ||
| 0.08 | -0.72 | -0.72 | 0.24 | DWNX | ||
| -0.34 | -0.72 | 0.79 | 0.15 | FMFP | ||
| -0.23 | -0.72 | 0.79 | 0.17 | FCCT | ||
| -0.6 | 0.24 | 0.15 | 0.17 | BKUT | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between BEO Pink Sheet performing well and BEO Bancorp 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 BEO Bancorp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CCFC | 0.79 | 0.05 | 0.03 | (46.26) | 1.66 | 2.46 | 12.50 | |||
| DWNX | 0.12 | 0.04 | 0.00 | (2.01) | 0.00 | 0.57 | 1.56 | |||
| FMFP | 0.81 | (0.21) | 0.00 | 0.26 | 0.00 | 0.00 | 21.66 | |||
| FCCT | 0.61 | (0.09) | 0.00 | 0.58 | 0.00 | 2.78 | 8.86 | |||
| BKUT | 1.12 | 0.12 | 0.06 | (0.66) | 1.48 | 3.96 | 15.22 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in BEO Bancorp 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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BEO Bancorp Corporate Management
| Jeffery Bailey | CEO Pres | Profile | |
| Edward Sr | Ex Officer | Profile | |
| Mark Lemmon | CFO VP | Profile | |
| Rebecca Kindle | Ex COO | Profile | |
| John Qualls | Ex Officer | Profile | |
| Jill Martin | VP Mang | Profile |