Bank of San Correlations

BSFO Stock

USD 31.00 0.50 1.64%

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

Bank of San Correlation With Market

Significant diversification

The correlation between Bank of San and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bank of San and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Bank OTC Stock

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0.57	BBDC4	Banco Bradesco SA	Pair Corr
0.53	BNPQY	BNP Paribas SA	Pair Corr
0.52	BNPQF	BNP Paribas SA	Pair Corr
0.51	CIHKY	China Merchants Bank Earnings Call This Week	Pair Corr
0.44	USB-PH	US Bancorp	Pair Corr
0.69	HGBL	Heritage Global	Pair Corr
0.65	FANUF	Fanuc	Pair Corr
0.64	TENX	Tenax Therapeutics Earnings Call This Week	Pair Corr
0.62	GLBXF	Globex Mining Enterprises	Pair Corr
0.61	TD	Toronto Dominion Bank	Pair Corr
0.58	BLTH	American Battery Mat	Pair Corr
0.56	BTT	Blackrock Municipal	Pair Corr
0.55	EC	Ecopetrol SA ADR	Pair Corr
0.49	STTDF	Standard Uranium Earnings Call This Week	Pair Corr
0.4	AONNY	Aeon Co	Pair Corr
0.38	WZZAF	Wizz Air Holdings	Pair Corr
0.64	DVRNF	Deveron Corp	Pair Corr
0.61	CIMO	Chimera Investment	Pair Corr
0.58	SGAPY	Singapore Telecommunicatio	Pair Corr
0.53	BACQU	Bleichroeder Acquisition	Pair Corr
0.46	BJCHY	Beijing Capital Inte Earnings Call This Week	Pair Corr
0.39	CLLNY	Cellnex Telecom SA	Pair Corr

Related Correlations Analysis

	FISB	PBKC	LBNW	SMAL	WBZB	NACB	CIWV	BOID	CMHF	LWCL
FISB		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	FISB
PBKC	0.0		0.47	0.59	0.0	-0.42	0.85	0.7	0.84	0.13	PBKC
LBNW	0.0	0.47		0.32	0.0	-0.41	0.53	0.29	0.52	-0.06	LBNW
SMAL	0.0	0.59	0.32		0.0	-0.52	0.81	0.91	0.81	-0.21	SMAL
WBZB	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	WBZB
NACB	0.0	-0.42	-0.41	-0.52	0.0		-0.61	-0.52	-0.51	0.17	NACB
CIWV	0.0	0.85	0.53	0.81	0.0	-0.61		0.88	0.95	-0.02	CIWV
BOID	0.0	0.7	0.29	0.91	0.0	-0.52	0.88		0.92	-0.1	BOID
CMHF	0.0	0.84	0.52	0.81	0.0	-0.51	0.95	0.92		0.07	CMHF
LWCL	0.0	0.13	-0.06	-0.21	0.0	0.17	-0.02	-0.1	0.07		LWCL
	FISB	PBKC	LBNW	SMAL	WBZB	NACB	CIWV	BOID	CMHF	LWCL

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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

CMHF	+ 0.95	CIWV
CMHF	+ 0.92	BOID
BOID	+ 0.91	SMAL
BOID	+ 0.88	CIWV
CIWV	+ 0.85	PBKC
CMHF	+ 0.84	PBKC

High negative correlations

CIWV	- 0.61	NACB
BOID	- 0.52	NACB
NACB	- 0.52	SMAL
CMHF	- 0.51	NACB
NACB	- 0.42	PBKC
NACB	- 0.41	LBNW

Risk-Adjusted Indicators

There is a big difference between Bank OTC Stock performing well and Bank of San OTC Stock 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 Bank of San'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
FISB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PBKC	0.35	0.04	0.00	0.44	0.00	0.00	1.56	0.00	4.52
LBNW	0.46	(0.01)	0.00	(0.02)	0.00	0.00	1.09	(0.90)	13.71
SMAL	0.86	0.04	0.07	(0.61)	1.29	(1.42)	2.53	(2.09)	12.35
WBZB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NACB	1.22	(0.26)	0.00	0.53	0.00	0.00	2.36	(2.96)	16.27
CIWV	1.81	0.59	0.17	0.75	1.46	(4.43)	6.63	(3.45)	19.90
BOID	1.55	0.65	0.42	0.94	0.43	(3.55)	1.99	(1.95)	41.86
CMHF	0.61	0.27	0.29	0.94	0.00	(1.59)	2.29	(0.88)	5.97
LWCL	0.56	0.10	0.09	(1.40)	0.58	(3.84)	3.16	(1.61)	8.15

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bank of San 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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Bank of San Corporate Management

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

Wendy Ross	Pres Founder	Profile
Felix Miranda	Ex Mang	Profile
Jennifer Corr	CFO VP	Profile
Samuel Clonmell	VP	Profile
Tim Rosenthal	VP	Profile
Lia Economopoulos	VP	Profile
Michael Vivo	Ex Officer	Profile

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