Salisbury Bancorp Correlations

Summary

SALDelisted Stock

USD 26.80 0.13 0.49%

The current 90-days correlation between Salisbury Bancorp and Oconee Federal Financial is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Salisbury Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Salisbury Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Salisbury Bancorp Correlation With Market

Significant diversification

The correlation between Salisbury Bancorp and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Salisbury Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Salisbury Stock

0.69	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.62	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr

Moving against Salisbury Stock

0.44	BKRKF	PT Bank Rakyat	Pair Corr
0.38	BKRKY	Bank Rakyat	Pair Corr
0.36	PPERF	Bank Mandiri Persero	Pair Corr
0.33	PPERY	Bank Mandiri Persero	Pair Corr
0.33	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.31	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Related Correlations Analysis

	OFED	CULL	HMNF	HFBL	FNWB	NBHC	CBU	BY	HBCP	HVBC
OFED		0.36	-0.34	-0.27	0.27	-0.71	-0.63	-0.52	-0.76	-0.25	OFED
CULL	0.36		-0.5	0.09	-0.08	-0.33	-0.37	-0.34	-0.43	-0.54	CULL
HMNF	-0.34	-0.5		-0.16	0.24	0.53	0.56	0.55	0.56	0.4	HMNF
HFBL	-0.27	0.09	-0.16		0.0	0.11	0.09	0.06	0.08	0.08	HFBL
FNWB	0.27	-0.08	0.24	0.0		0.11	0.22	0.27	0.05	0.31	FNWB
NBHC	-0.71	-0.33	0.53	0.11	0.11		0.95	0.94	0.95	0.19	NBHC
CBU	-0.63	-0.37	0.56	0.09	0.22	0.95		0.96	0.9	0.4	CBU
BY	-0.52	-0.34	0.55	0.06	0.27	0.94	0.96		0.9	0.32	BY
HBCP	-0.76	-0.43	0.56	0.08	0.05	0.95	0.9	0.9		0.24	HBCP
HVBC	-0.25	-0.54	0.4	0.08	0.31	0.19	0.4	0.32	0.24		HVBC
	OFED	CULL	HMNF	HFBL	FNWB	NBHC	CBU	BY	HBCP	HVBC

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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

BY	+ 0.96	CBU
CBU	+ 0.95	NBHC
HBCP	+ 0.95	NBHC
BY	+ 0.94	NBHC
HBCP	+ 0.9	CBU
HBCP	+ 0.9	BY

High negative correlations

HBCP	- 0.76	OFED
NBHC	- 0.71	OFED
CBU	- 0.63	OFED
HVBC	- 0.54	CULL
BY	- 0.52	OFED
HMNF	- 0.5	CULL

Risk-Adjusted Indicators

There is a big difference between Salisbury Stock performing well and Salisbury Bancorp 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 Salisbury Bancorp'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
OFED	2.13	(0.26)	0.00	(1.97)	0.00	0.00	3.48	(5.28)	12.66
CULL	0.51	(0.10)	0.00	0.74	0.00	0.00	1.18	(1.64)	4.73
HMNF	1.88	0.37	0.11	2.26	1.85	(2.37)	4.29	(3.19)	13.15
HFBL	1.56	(0.15)	0.00	(0.40)	0.00	0.00	3.75	(4.31)	17.43
FNWB	1.62	(0.02)	(0.03)	0.10	1.75	(1.87)	4.11	(2.82)	14.21
NBHC	1.57	(0.07)	0.03	0.09	1.61	(1.85)	2.63	(2.65)	17.62
CBU	1.64	(0.07)	0.05	0.10	1.63	(1.86)	2.99	(2.97)	18.34
BY	1.54	(0.08)	0.06	0.09	1.35	(2.05)	3.40	(2.51)	20.72
HBCP	1.59	0.00	0.05	0.13	1.74	(1.87)	3.67	(3.12)	10.19
HVBC	1.51	0.27	0.07	0.61	2.03	(1.59)	2.68	(4.11)	18.63

Salisbury Bancorp 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 Salisbury Bancorp stock to make a market-neutral strategy. Peer analysis of Salisbury Bancorp could also be used in its relative valuation, which is a method of valuing Salisbury Bancorp by comparing valuation metrics with similar companies.

Oconee Federal Financial Cullman Bancorp HMN Financial Home Federal Bancorp First Northwest Bancorp National Bank Holdings Community Bank System Byline Bancorp Home Bancorp HV Bancorp Lake Shore Bancorp Citizens Holding Magyar Bancorp American Airlines Group Alcoa Corp

Risk & Return

Correlation

Salisbury Bancorp Corporate Management

Todd Clinton	Chief Risk Officer and Executive VP	Profile
Stephen Scott	Ex COO	Profile
Todd Rubino	Ex Officer	Profile
Peter CPA	CFO VP	Profile
Shelly Humeston	IR Contact	Profile

Still Interested in Salisbury Bancorp?

Investing in delisted delisted stocks can be risky, as the 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.

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