Middlebury National Correlations
| MDVT Stock | USD 35.00 2.05 6.22% |
The current 90-days correlation between Middlebury National and Banco Bradesco SA is -0.1 (i.e., Good diversification). The correlation of Middlebury National 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Middlebury National Correlation With Market
Good diversification
The correlation between Middlebury National and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Middlebury National and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Middlebury National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Middlebury National 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 Middlebury National - 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 Middlebury National to buy it.
Moving together with Middlebury Pink Sheet
| 0.72 | HDB | HDFC Bank Limited | PairCorr |
| 0.71 | USB-PH | US Bancorp | PairCorr |
| 0.81 | CNOBP | ConnectOne Bancorp | PairCorr |
| 0.64 | ESGLW | ESGL Holdings Limited | PairCorr |
| 0.71 | GLABF | Gemina Laboratories Earnings Call Today | PairCorr |
| 0.68 | RWAYL | MSCI ACWI exAUCONSUMER | PairCorr |
| 0.74 | CTRN | Citi Trends | PairCorr |
| 0.67 | BSIG | Brightsphere Investment | PairCorr |
| 0.91 | BKV | BKV Corporation | PairCorr |
| 0.61 | FBMS | First Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.71 | MAR | Marriott International | PairCorr |
| 0.73 | PETS | PetMed Express | PairCorr |
Moving against Middlebury Pink Sheet
| 0.92 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.78 | BNPQF | BNP Paribas SA | PairCorr |
| 0.77 | BNPQY | BNP Paribas SA | PairCorr |
| 0.76 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.74 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.71 | BBAS3 | Banco do Brasil | PairCorr |
| 0.69 | BKRKY | Bank Rakyat | PairCorr |
| 0.59 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.55 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.47 | CIHKY | China Merchants Bank Normal Trading | PairCorr |
| 0.36 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.32 | EC | Ecopetrol SA ADR | PairCorr |
| 0.69 | PBCRF | PT Bank Central | PairCorr |
| 0.67 | PBCRY | Bank Central Asia | PairCorr |
| 0.59 | BYDDY | BYD Co | PairCorr |
Related Correlations Analysis
| 0.93 | 0.71 | -0.11 | 0.95 | BBD | ||
| 0.93 | 0.66 | -0.17 | 0.96 | ITUB | ||
| 0.71 | 0.66 | 0.25 | 0.75 | LLDTF | ||
| -0.11 | -0.17 | 0.25 | -0.07 | DB | ||
| 0.95 | 0.96 | 0.75 | -0.07 | BSBR | ||
| 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 Middlebury Pink Sheet performing well and Middlebury National 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 Middlebury National'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BBD | 1.69 | (0.42) | 0.00 | (0.65) | 0.00 | 2.75 | 10.65 | |||
| ITUB | 1.41 | (0.39) | 0.00 | (2.54) | 0.00 | 2.39 | 10.08 | |||
| LLDTF | 2.27 | (0.22) | 0.00 | 6.38 | 0.00 | 5.48 | 23.61 | |||
| DB | 1.21 | 0.01 | (0.01) | (1.07) | 1.46 | 2.99 | 6.86 | |||
| BSBR | 1.63 | (0.47) | 0.00 | 5.64 | 0.00 | 2.20 | 10.10 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Middlebury National 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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Middlebury National Corporate Management
| Linda Harmon | Pres Director | Profile | |
| Stacey Brown | Treasurer | Profile | |
| Caroline Carpenter | Ex Director | Profile | |
| Lawrence II | S Director | Profile |