Katahdin Bankshares Correlations
| KTHN Stock | USD 25.85 0.00 0.00% |
The current 90-days correlation between Katahdin Bankshares Corp and Morningstar Unconstrained Allocation is -0.2 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Katahdin Bankshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Katahdin Bankshares Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Katahdin Bankshares Correlation With Market
Good diversification
The correlation between Katahdin Bankshares Corp and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Katahdin Bankshares Corp and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Katahdin Bankshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Katahdin Bankshares 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 Katahdin Bankshares - 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 Katahdin Bankshares Corp to buy it.
Moving together with Katahdin OTC Stock
| 0.74 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.77 | MZHOF | Mizuho Financial | PairCorr |
| 0.81 | PYPL | PayPal Holdings | PairCorr |
| 0.86 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.82 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.85 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.84 | T | ATT Inc Earnings Call This Week | PairCorr |
| 0.87 | CSCO | Cisco Systems | PairCorr |
Moving against Katahdin OTC Stock
| 0.92 | BKRKY | Bank Rakyat | PairCorr |
| 0.92 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.9 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.89 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.87 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.84 | PTBRY | Bank Negara Indonesia | PairCorr |
| 0.83 | PBCRY | Bank Central Asia | PairCorr |
| 0.73 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.68 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.61 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.56 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
| 0.53 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.4 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | 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 Katahdin OTC Stock performing well and Katahdin Bankshares 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 Katahdin Bankshares' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 444859BR2 | 1.38 | (0.01) | 0.00 | 0.17 | 0.00 | 5.93 | 16.62 | |||
| BRRAY | 1.92 | 0.69 | 0.00 | 1.12 | 0.00 | 2.08 | 36.64 | |||
| MSTSX | 0.48 | (0.03) | 0.00 | (0.53) | 0.00 | 1.21 | 2.80 | |||
| LBHIX | 0.10 | (0.02) | 0.00 | (0.39) | 0.00 | 0.24 | 0.94 | |||
| VIASP | 0.76 | 0.15 | 0.09 | (0.95) | 1.05 | 2.00 | 6.28 | |||
| XTWO | 0.08 | (0.02) | 0.00 | (1.37) | 0.00 | 0.12 | 0.53 | |||
| KNF | 1.52 | 0.20 | 0.07 | 1.08 | 2.06 | 2.77 | 12.52 | |||
| 70082LAB3 | 0.63 | 0.11 | 0.09 | 0.85 | 0.81 | 1.75 | 6.86 | |||
| AMPL | 4.84 | (0.03) | 0.00 | (0.01) | 0.00 | 9.17 | 36.78 |
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Katahdin Bankshares Corporate Management
Elected by the shareholders, the Katahdin Bankshares' board of directors comprises two types of representatives: Katahdin Bankshares inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Katahdin. The board's role is to monitor Katahdin Bankshares' management team and ensure that shareholders' interests are well served. Katahdin Bankshares' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Katahdin Bankshares' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Matthew Nightingale | Treasurer VP | Profile | |
| Krista CFMP | Ex Officer | Profile | |
| David Cambridge | VP Officer | Profile | |
| Aaron Cannan | VP Officer | Profile | |
| Jon Prescott | CEO Pres | Profile | |
| Bradley CMT | VP Consultant | Profile | |
| William Lucy | Ex Services | Profile |