Malaga Financial Correlations

MLGF Stock

USD 20.65 0.03 0.15%

The current 90-days correlation between Malaga Financial and MF Bancorp is -0.07 (i.e., Good diversification). The correlation of Malaga Financial 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.

Malaga Financial Correlation With Market

Significant diversification

The correlation between Malaga Financial and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Malaga Financial and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Malaga Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Malaga Financial 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 Malaga Financial - 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 Malaga Financial to buy it.

Moving against Malaga Pink Sheet

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Related Correlations Analysis

	MFBP	UBAB	HRBK	BFCC	SFDL	FNLC	TFIN	NBN	GCBC
MFBP		0.64	0.04	-0.16	-0.16	0.04	0.54	0.15	0.19	MFBP
UBAB	0.64		-0.01	-0.56	-0.33	0.12	0.68	0.54	0.51	UBAB
HRBK	0.04	-0.01		0.42	0.4	-0.34	-0.56	0.6	-0.33	HRBK
BFCC	-0.16	-0.56	0.42		0.65	-0.33	-0.7	-0.21	-0.37	BFCC
SFDL	-0.16	-0.33	0.4	0.65		-0.01	-0.35	0.09	-0.04	SFDL
FNLC	0.04	0.12	-0.34	-0.33	-0.01		0.38	-0.02	0.1	FNLC
TFIN	0.54	0.68	-0.56	-0.7	-0.35	0.38		0.1	0.66	TFIN
NBN	0.15	0.54	0.6	-0.21	0.09	-0.02	0.1		0.26	NBN
GCBC	0.19	0.51	-0.33	-0.37	-0.04	0.1	0.66	0.26		GCBC
	MFBP	UBAB	HRBK	BFCC	SFDL	FNLC	TFIN	NBN	GCBC

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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

TFIN	+ 0.68	UBAB
GCBC	+ 0.66	TFIN
SFDL	+ 0.65	BFCC
UBAB	+ 0.64	MFBP
NBN	+ 0.6	HRBK
TFIN	+ 0.54	MFBP

High negative correlations

TFIN	- 0.7	BFCC
TFIN	- 0.56	HRBK
BFCC	- 0.56	UBAB
GCBC	- 0.37	BFCC
TFIN	- 0.35	SFDL
FNLC	- 0.34	HRBK

Risk-Adjusted Indicators

There is a big difference between Malaga Pink Sheet performing well and Malaga Financial 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 Malaga Financial'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
MFBP	1.97	(0.02)	0.00	(0.18)	0.00	0.00	5.24	(3.46)	25.68
UBAB	0.93	(0.08)	0.00	(0.58)	0.00	0.00	2.18	(2.41)	9.51
HRBK	1.81	0.59	0.14	0.75	1.90	(3.87)	3.26	(1.89)	31.13
BFCC	0.29	0.00	0.09	(0.03)	0.37	(0.72)	0.85	(0.86)	3.59
SFDL	0.72	0.21	0.15	0.57	0.69	(1.78)	2.20	(1.24)	12.38
FNLC	1.22	(0.11)	0.00	(0.24)	0.00	0.00	2.33	(2.63)	7.41
TFIN	1.69	(0.58)	0.00	(0.64)	0.00	0.00	2.16	(4.31)	19.22
NBN	1.29	0.06	0.05	0.01	1.48	(1.45)	3.03	(2.56)	7.63
GCBC	1.15	(0.43)	0.00	(2.17)	0.00	0.00	2.11	(2.86)	5.30

Be your own money manager

Our tools can tell you how much better you can do entering a position in Malaga Financial 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.

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Malaga Financial Corporate Management

Jasna Penich	CFO VP	Profile
Jerry Donahue	Corp Director	Profile
David Iwasaka	VP Controller	Profile
John Tellenbach	VP Operations	Profile
Randy Bowers	Pres Chairman	Profile
Sacha Ohara	Sr Operations	Profile
Mark Bustamante	VP Officer	Profile

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