Lake Shore Correlations
| LSBK Stock | USD 15.89 0.09 0.57% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lake Shore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lake Shore Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Lake Shore Correlation With Market
Average diversification
The correlation between Lake Shore Bancorp and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lake Shore Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Lake |
Moving together with Lake Stock
| 0.75 | DB | Deutsche Bank AG | PairCorr |
| 0.74 | WF | Woori Financial Group | PairCorr |
| 0.83 | TECTP | Tectonic Financial | PairCorr |
| 0.68 | TFC-PO | Truist Financial | PairCorr |
| 0.72 | EBMT | Eagle Bancorp Montana | PairCorr |
| 0.62 | KEY-PJ | KeyCorp | PairCorr |
| 0.65 | KEY-PL | KeyCorp | PairCorr |
| 0.85 | BANC-PF | Banc of California | PairCorr |
| 0.82 | WSBCP | WesBanco | PairCorr |
Moving against Lake Stock
| 0.6 | AX | Axos Financial | PairCorr |
| 0.59 | KB | KB Financial Group | PairCorr |
| 0.54 | VBNK | VersaBank | PairCorr |
| 0.45 | RF | Regions Financial | PairCorr |
| 0.44 | VBTX | Veritex Holdings | PairCorr |
| 0.31 | VABK | Virginia National | PairCorr |
| 0.81 | EFSI | Eagle Financial Services | PairCorr |
| 0.72 | WAFDP | Washington Federal | PairCorr |
| 0.69 | WAFD | Washington Federal | PairCorr |
| 0.56 | EGBN | Eagle Bancorp | PairCorr |
| 0.42 | WABC | Westamerica Bancorporation | PairCorr |
| 0.38 | EVBN | Evans Bancorp | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Lake Stock performing well and Lake Shore 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 Lake Shore'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CULL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HMNF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HFBL | 1.61 | 0.16 | 0.07 | 0.48 | 2.06 | 5.67 | 13.32 | |||
| HVBC | 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 | |||
| CIZN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MGYR | 1.10 | 0.03 | 0.04 | 0.00 | 1.45 | 2.98 | 6.74 | |||
| CWBC | 0.99 | (0.21) | 0.00 | (0.33) | 0.00 | 2.28 | 6.01 |
Lake Shore Corporate Management
| Nicole May | Compliance Officer | Profile | |
| Eric Hohenstein | Corporate Secretary | Profile | |
| Wendy Harrington | Corporate Secretary | Profile | |
| Brenda Mikolajczak | Assistant Director | Profile | |
| Dylan Rubadeaux | Senior Officer | Profile |