Citizens Community Correlations

CZWI Stock

USD 14.51 0.01 0.07%

The correlation of Citizens Community 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 Community Correlation With Market

Very weak diversification

The correlation between Citizens Community Bancorp and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Citizens Community 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 Citizens Community Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Moving together with Citizens Stock

0.89	AX	Axos Financial	Pair Corr
0.81	BY	Byline Bancorp	Pair Corr
0.65	PB	Prosperity Bancshares	Pair Corr
0.79	RF	Regions Financial	Pair Corr
0.85	VBNK	VersaBank	Pair Corr
0.89	VBTX	Veritex Holdings	Pair Corr
0.9	EGBN	Eagle Bancorp	Pair Corr
0.83	WAFD	Washington Federal	Pair Corr
0.75	EQBK	Equity Bancshares,	Pair Corr
0.8	WAFDP	Washington Federal	Pair Corr
0.61	TFINP	Triumph Financial	Pair Corr
0.89	EVBN	Evans Bancorp	Pair Corr
0.76	WMPN	William Penn Bancorp	Pair Corr

Moving against Citizens Stock

0.84	VBFC	Village Bank	Pair Corr
0.82	DB	Deutsche Bank AG	Pair Corr
0.72	TECTP	Tectonic Financial	Pair Corr
0.5	EBMT	Eagle Bancorp Montana	Pair Corr
0.38	TFC-PO	Truist Financial	Pair Corr
0.31	WF	Woori Financial Group	Pair Corr
0.31	TFC-PR	Truist Financial	Pair Corr
0.64	WSBCP	WesBanco	Pair Corr
0.59	KEY-PI	KeyCorp	Pair Corr
0.54	KEY-PL	KeyCorp	Pair Corr
0.53	BANC-PF	Banc of California	Pair Corr
0.35	KEY-PJ	KeyCorp	Pair Corr
0.32	KEY-PK	KeyCorp	Pair Corr

Related Correlations Analysis

	HMNF	HFBL	FFNW	FNWB	FCAP	CWBC	QCRH	FNCB	BSRR	OFED
HMNF		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	HMNF
HFBL	0.0		-0.13	0.3	0.42	-0.15	-0.5	0.0	0.3	0.0	HFBL
FFNW	0.0	-0.13		0.0	0.13	0.1	0.03	0.0	0.18	0.0	FFNW
FNWB	0.0	0.3	0.0		0.02	0.25	-0.01	0.0	0.73	0.0	FNWB
FCAP	0.0	0.42	0.13	0.02		-0.55	-0.91	0.0	-0.1	0.0	FCAP
CWBC	0.0	-0.15	0.1	0.25	-0.55		0.66	0.0	0.57	0.0	CWBC
QCRH	0.0	-0.5	0.03	-0.01	-0.91	0.66		0.0	0.17	0.0	QCRH
FNCB	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	FNCB
BSRR	0.0	0.3	0.18	0.73	-0.1	0.57	0.17	0.0		0.0	BSRR
OFED	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		OFED
	HMNF	HFBL	FFNW	FNWB	FCAP	CWBC	QCRH	FNCB	BSRR	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

BSRR	+ 0.73	FNWB
QCRH	+ 0.66	CWBC
BSRR	+ 0.57	CWBC
FCAP	+ 0.42	HFBL
FNWB	+ 0.3	HFBL
BSRR	+ 0.3	HFBL

High negative correlations

QCRH	- 0.91	FCAP
CWBC	- 0.55	FCAP
QCRH	- 0.5	HFBL
CWBC	- 0.15	HFBL
FFNW	- 0.13	HFBL
BSRR	- 0.1	FCAP

Risk-Adjusted Indicators

There is a big difference between Citizens Stock performing well and Citizens Community 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 Community'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
HMNF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HFBL	1.62	0.12	0.04	0.38	2.08	(2.18)	5.67	(4.53)	13.32
FFNW	0.97	0.07	0.06	(0.91)	0.98	(1.14)	1.17	(1.77)	16.29
FNWB	1.17	0.00	0.00	0.00	1.45	(1.39)	2.68	(2.76)	9.99
FCAP	1.23	0.37	0.20	0.64	1.25	(1.38)	3.26	(2.28)	10.37
CWBC	1.01	(0.17)	0.00	(0.19)	0.00	0.00	2.45	(2.17)	6.01
QCRH	0.94	(0.26)	0.00	(0.31)	0.00	0.00	1.67	(2.16)	6.00
FNCB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BSRR	1.51	(0.07)	0.00	(0.05)	0.00	0.00	2.92	(3.08)	11.56
OFED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Citizens Community Corporate Executives

Elected by the shareholders, the Citizens Community's board of directors comprises two types of representatives: Citizens Community 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 Community's management team and ensure that shareholders' interests are well served. Citizens Community'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 Community's outside directors are responsible for providing unbiased perspectives on the board's policies.

James Broucek

CFO of Corporation abd Bank

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