Crazy Woman Correlations

CRZYDelisted Stock  USD 23.50  0.50  2.17%   
The current 90-days correlation between Crazy Woman Creek and AMB Financial Corp is 0.13 (i.e., Average diversification). The correlation of Crazy Woman 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Crazy Woman Correlation With Market

Good diversification

The correlation between Crazy Woman Creek and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crazy Woman Creek and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Crazy Woman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crazy Woman 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 Crazy Woman - 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 Crazy Woman Creek to buy it.

Moving together with Crazy Pink Sheet

  0.81FRCCL First Republic BankPairCorr

Moving against Crazy Pink Sheet

  0.76CFG-PH Citizens Financial Group,PairCorr
  0.71ECBK ECB BancorpPairCorr
  0.68EBMT Eagle Bancorp Montana Fiscal Year End 28th of January 2025 PairCorr
  0.65VBNK VersaBankPairCorr
  0.63VBFC Village BankPairCorr
  0.54KB KB Financial GroupPairCorr
  0.52TECTP Tectonic FinancialPairCorr
  0.51RF Regions Financial Fiscal Year End 17th of January 2025 PairCorr
  0.49VBTX Veritex Holdings Fiscal Year End 28th of January 2025 PairCorr
  0.4PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr
  0.4EFSC Enterprise Financial Fiscal Year End 27th of January 2025 PairCorr
  0.39AX Axos FinancialPairCorr
  0.34BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.62WMPN William Penn BancorpPairCorr
  0.57EGBN Eagle Bancorp Fiscal Year End 22nd of January 2025 PairCorr
  0.57WASH Washington Trust Bancorp Fiscal Year End 22nd of January 2025 PairCorr
  0.55TFINP Triumph FinancialPairCorr
  0.53KEY-PL KeyCorpPairCorr
  0.53WSBCP WesBancoPairCorr
  0.49WABC Westamerica Bancorporation Fiscal Year End 16th of January 2025 PairCorr
  0.47EQBK Equity Bancshares, Fiscal Year End 22nd of January 2025 PairCorr
  0.46KEY-PK KeyCorpPairCorr
  0.42ESSA ESSA BancorpPairCorr
  0.36EVBN Evans BancorpPairCorr
  0.35KEY-PJ KeyCorpPairCorr

Related Correlations Analysis

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   
FFDFHCBC
FNFIFFWC
FFWCFFDF
FNFIAMFC
  
High negative correlations   
FFWCAMFC
FFDFAMFC
HCBCAMFC
FNFIHCBC
FNFIFFDF
FFWCHCBC

Risk-Adjusted Indicators

There is a big difference between Crazy Pink Sheet performing well and Crazy Woman 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 Crazy Woman'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.

Crazy Woman Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Crazy Woman pink sheet to make a market-neutral strategy. Peer analysis of Crazy Woman could also be used in its relative valuation, which is a method of valuing Crazy Woman by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Crazy Woman Corporate Management

Still Interested in Crazy Woman Creek?

Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.