Mid Southern Correlations
| MSVBDelisted Stock | USD 12.70 0.06 0.47% |
The current 90-days correlation between Mid Southern Bancorp and Home Federal Bancorp is 0.08 (i.e., Significant diversification). The correlation of Mid Southern 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.
Mid Southern Correlation With Market
Good diversification
The correlation between Mid Southern Bancorp and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mid Southern Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Mid |
The ability to find closely correlated positions to Mid Southern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mid Southern 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 Mid Southern - 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 Mid Southern Bancorp to buy it.
Moving together with Mid OTC Stock
| 0.65 | AX | Axos Financial | PairCorr |
| 0.7 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.72 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.62 | VBTX | Veritex Holdings Fiscal Year End 28th of January 2025 | PairCorr |
| 0.71 | EBTC | Enterprise Bancorp | PairCorr |
| 0.67 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
| 0.82 | BANC-PF | Banc of California | PairCorr |
| 0.69 | EVBN | Evans Bancorp | PairCorr |
| 0.68 | WSBCP | WesBanco | PairCorr |
| 0.76 | WNEB | Western New England Fiscal Year End 28th of January 2025 | PairCorr |
Moving against Mid OTC Stock
| 0.7 | NU | Nu Holdings | PairCorr |
| 0.61 | TFC-PO | Truist Financial | PairCorr |
| 0.61 | CFG-PE | Citizens Financial | PairCorr |
| 0.6 | TFC-PR | Truist Financial | PairCorr |
| 0.54 | KEY-PI | KeyCorp | PairCorr |
| 0.46 | WF | Woori Financial Group | PairCorr |
| 0.45 | KB | KB Financial Group | PairCorr |
| 0.41 | CFG-PH | Citizens Financial Group, | PairCorr |
| 0.74 | FCAP | First Capital | PairCorr |
| 0.72 | WAFDP | Washington Federal | 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 Mid OTC Stock performing well and Mid Southern 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 Mid Southern'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CWBC | 1.08 | (0.11) | 0.00 | (0.06) | 0.00 | 2.53 | 11.26 | |||
| HMNF | 1.88 | 0.39 | 0.16 | 4.63 | 1.85 | 4.29 | 13.15 | |||
| FFNW | 0.68 | (0.10) | 0.00 | (0.56) | 0.00 | 1.36 | 4.32 | |||
| CFBK | 2.02 | 0.21 | 0.08 | 0.13 | 2.62 | 6.00 | 17.90 | |||
| HFBL | 1.69 | 0.03 | 0.01 | 0.08 | 2.51 | 4.70 | 17.43 | |||
| HVBC | 1.51 | 0.35 | 0.11 | (0.68) | 2.03 | 2.68 | 18.63 | |||
| OFED | 2.13 | (0.26) | 0.00 | (0.36) | 0.00 | 3.48 | 12.66 | |||
| CULL | 0.51 | (0.12) | 0.00 | (49.15) | 0.00 | 1.18 | 4.73 | |||
| SMAL | 0.76 | 0.07 | 0.03 | (6.78) | 0.93 | 1.69 | 5.33 |
Mid Southern Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mid Southern otc stock to make a market-neutral strategy. Peer analysis of Mid Southern could also be used in its relative valuation, which is a method of valuing Mid Southern by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Mid Southern Corporate Management
Elected by the shareholders, the Mid Southern's board of directors comprises two types of representatives: Mid Southern inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mid. The board's role is to monitor Mid Southern's management team and ensure that shareholders' interests are well served. Mid Southern's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mid Southern's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James III | Exec Officer | Profile | |
| Alexander Babey | CEO Pres | Profile | |
| Erica Schmidt | Corp VP | Profile | |
| Robert DeRossett | Chief Officer | Profile |
Still Interested in Mid Southern Bancorp?
Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.