Citizens Northern Correlations
| CZNC Stock | USD 20.73 0.32 1.57% |
The correlation of Citizens Northern 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.
Citizens Northern Correlation With Market
Very weak diversification
The correlation between Citizens Northern Corp and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Citizens Northern Corp and DJI in the same portfolio, assuming nothing else is changed.
Citizens |
Moving together with Citizens Stock
| 0.68 | NU | Nu Holdings | PairCorr |
| 0.68 | WF | Woori Financial Group | PairCorr |
| 0.66 | TECTP | Tectonic Financial | PairCorr |
| 0.76 | TFC-PI | Truist Financial | PairCorr |
| 0.85 | TFC-PO | Truist Financial | PairCorr |
| 0.76 | TFC-PR | Truist Financial | PairCorr |
| 0.72 | EBTC | Enterprise Bancorp | PairCorr |
| 0.69 | CFG-PE | Citizens Financial | PairCorr |
| 0.72 | CFG-PH | Citizens Financial Group, | PairCorr |
| 0.73 | EFSC | Enterprise Financial | PairCorr |
| 0.63 | KEY-PJ | KeyCorp | PairCorr |
| 0.69 | KEY-PL | KeyCorp | PairCorr |
| 0.86 | BANC-PF | Banc of California | PairCorr |
| 0.79 | ESSA | ESSA Bancorp | PairCorr |
| 0.8 | WSBCP | WesBanco | PairCorr |
Moving against Citizens Stock
| 0.55 | WAFDP | Washington Federal | PairCorr |
| 0.54 | WAFD | Washington Federal | PairCorr |
| 0.51 | EFSI | Eagle Financial Services | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Citizens Stock performing well and Citizens Northern 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 Citizens Northern'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CVCY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AMNB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PWOD | 1.32 | (0.19) | 0.00 | (0.27) | 0.00 | 2.55 | 7.86 | |||
| CHMG | 1.28 | (0.15) | 0.00 | (0.38) | 0.00 | 1.94 | 19.34 | |||
| EBTC | 1.37 | (0.05) | 0.00 | (0.11) | 0.00 | 3.10 | 8.01 |
Citizens Northern Corporate Executives
Elected by the shareholders, the Citizens Northern's board of directors comprises two types of representatives: Citizens Northern inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Citizens. The board's role is to monitor Citizens Northern's management team and ensure that shareholders' interests are well served. Citizens Northern'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, Citizens Northern's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Hughes | CFO, Executive VP, Treasurer, Member of Executive Committee, Member of Asset Liability Committee, CFO of Citizens and Northern Bank and Executive VP of Citizens and Northern Bank | Profile |