Home Federal Correlations
| HFBL Stock | USD 13.21 0.33 2.56% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Home Federal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Home Federal Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Home Federal Correlation With Market
Average diversification
The correlation between Home Federal Bancorp and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Home Federal Bancorp and DJI in the same portfolio, assuming nothing else is changed.
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Moving against Home Stock
| 0.42 | VABK | Virginia National | PairCorr |
| 0.39 | AX | Axos Financial | PairCorr |
| 0.48 | WAFD | Washington Federal | PairCorr |
| 0.48 | WAFDP | Washington Federal | PairCorr |
| 0.41 | WABC | Westamerica Bancorporation | PairCorr |
| 0.37 | EGBN | Eagle Bancorp | PairCorr |
| 0.31 | EFSI | Eagle Financial Services | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | HMNF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | OFED | ||
| 0.0 | 0.0 | 0.0 | 0.0 | -0.3 | 0.0 | CWBC | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | CULL | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | HVBC | ||
| 0.0 | 0.0 | -0.3 | 0.0 | 0.0 | 0.0 | LSBK | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | CIZN | ||
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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 Home Stock performing well and Home Federal 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 Home Federal'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 | |||
| OFED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CWBC | 0.99 | (0.21) | 0.00 | (0.33) | 0.00 | 2.28 | 6.01 | |||
| CULL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HVBC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LSBK | 1.63 | 0.33 | 0.16 | 0.63 | 1.61 | 3.62 | 21.68 | |||
| CIZN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Home Federal Corporate Management
| David Barber | Sr. VP of Mortgage Lending - Home Federal Bank | Profile | |
| Matthew Sawrie | Sr. VP of Commercial Lending - Home Federal Bank | Profile | |
| John Batson | Senior Manager | Profile | |
| Dawn FitzgeraldWilliams | Senior Secretary | Profile | |
| Donna Lewis | Senior Bank | Profile |