Federal Home Correlations
| FMCKJ Stock | USD 11.09 0.17 1.51% |
The current 90-days correlation between Federal Home Loan and Federal National Mortgage is 0.97 (i.e., Almost no diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Federal Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Federal Home Loan moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Federal Home Correlation With Market
Poor diversification
The correlation between Federal Home Loan and DJI is 0.6 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Federal Home Loan and DJI in the same portfolio, assuming nothing else is changed.
Federal |
The ability to find closely correlated positions to Federal Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federal Home 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 Federal Home - 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 Federal Home Loan to buy it.
Moving together with Federal OTC Stock
| 1.0 | FMCCT | Federal Home Loan | PairCorr |
| 0.73 | COOP | Mr Cooper Group | PairCorr |
| 0.99 | FNMAS | Federal National Mortgage | PairCorr |
| 0.99 | FNMAT | Federal National Mortgage | PairCorr |
| 1.0 | FNMFN | Federal National Mortgage | PairCorr |
| 0.98 | FNMAN | Federal National Mortgage | PairCorr |
| 1.0 | FNMAM | Federal National Mortgage | PairCorr |
| 0.71 | PBMRF | PT Bumi Resources | PairCorr |
| 0.76 | BBAI | BigBearai Holdings | PairCorr |
| 0.65 | APLD | Applied Blockchain Buyout Trend | PairCorr |
| 0.96 | IONQ | IONQ Inc | PairCorr |
| 0.95 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.77 | SOUN | SoundHound AI Aggressive Push | PairCorr |
| 0.79 | INMD | InMode | PairCorr |
| 0.73 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.88 | LUNR | Intuitive Machines | PairCorr |
| 0.85 | AVTE | Aerovate Therapeutics | PairCorr |
| 0.84 | PYPL | PayPal Holdings | PairCorr |
Moving against Federal OTC Stock
| 0.89 | RKT | Rocket Companies | PairCorr |
| 0.74 | UWMC | UWM Holdings Corp | PairCorr |
| 0.7 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.67 | PBCRF | PT Bank Central | PairCorr |
| 0.51 | IQ | iQIYI Inc Aggressive Push | PairCorr |
| 0.33 | WD | Walker Dunlop | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Federal OTC Stock performing well and Federal Home 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 Federal Home'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FNMAJ | 3.48 | 1.15 | 0.76 | 0.26 | 1.41 | 6.18 | 77.94 | |||
| FNMAT | 3.43 | 1.36 | 0.61 | 0.48 | 1.56 | 5.54 | 78.95 | |||
| FNMAM | 3.15 | 1.04 | 0.83 | 0.27 | 0.46 | 8.27 | 62.71 | |||
| FNMAG | 3.33 | 1.19 | 1.03 | 0.27 | 0.00 | 6.47 | 75.71 | |||
| FNMFM | 4.06 | 0.82 | 0.19 | 0.22 | 3.06 | 8.62 | 74.91 | |||
| FMCKP | 3.73 | 1.02 | 0.51 | 0.24 | 0.88 | 9.74 | 76.43 | |||
| FMCCO | 3.76 | 1.04 | 0.36 | 0.25 | 2.04 | 9.21 | 71.14 | |||
| FMCKK | 3.68 | 1.04 | 0.61 | 0.24 | 1.30 | 5.61 | 77.57 | |||
| FMCCL | 4.15 | 1.07 | 0.35 | 0.24 | 2.41 | 9.01 | 82.02 | |||
| FMCKO | 4.09 | 1.18 | 0.48 | 0.27 | 2.14 | 9.56 | 71.65 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Federal Home 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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Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
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Federal Home Corporate Management
Elected by the shareholders, the Federal Home's board of directors comprises two types of representatives: Federal Home inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Federal. The board's role is to monitor Federal Home's management team and ensure that shareholders' interests are well served. Federal Home'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, Federal Home's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jerry Weiss | Chief Admin. Officer and Executive VP | Profile | |
| Michael DeVito | CEO Director | Profile | |
| Christian Lown | Ex CFO | Profile | |
| Anil MBA | Ex Officer | Profile | |
| Heidi Mason | Exec Counsel | Profile | |
| Dennis Hermonstyne | VP Officer | Profile | |
| Jeffrey Markowitz | Sr Communications | Profile |