Southern Missouri Correlations
| SMBC Stock | USD 53.24 0.04 0.08% |
The current 90-days correlation between Southern Missouri Bancorp and Investar Holding Corp is 0.73 (i.e., Poor diversification). The correlation of Southern Missouri 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.
Southern Missouri Correlation With Market
Poor diversification
The correlation between Southern Missouri Bancorp and DJI is 0.6 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Southern Missouri Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Southern |
Moving together with Southern Stock
| 0.73 | AX | Axos Financial | PairCorr |
| 0.97 | BY | Byline Bancorp | PairCorr |
| 0.77 | PB | Prosperity Bancshares | PairCorr |
| 0.76 | RF | Regions Financial Normal Trading | PairCorr |
| 0.71 | VBNK | VersaBank | PairCorr |
| 0.85 | VBTX | Veritex Holdings | PairCorr |
| 0.78 | EBTC | Enterprise Bancorp | PairCorr |
| 0.8 | EFSC | Enterprise Financial | PairCorr |
| 0.78 | EGBN | Eagle Bancorp | PairCorr |
| 0.67 | WASH | Washington Trust Bancorp | PairCorr |
| 0.9 | EQBK | Equity Bancshares, | PairCorr |
| 0.75 | ESSA | ESSA Bancorp | PairCorr |
| 0.76 | TFINP | Triumph Financial | PairCorr |
| 0.87 | EVBN | Evans Bancorp | PairCorr |
| 0.89 | WMPN | William Penn Bancorp | PairCorr |
| 0.62 | WNEB | Western New England | PairCorr |
Moving against Southern Stock
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Southern Stock performing well and Southern Missouri 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 Southern Missouri'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CRZBF | 1.82 | 0.81 | 0.00 | 4.50 | 0.00 | 6.15 | 19.07 | |||
| OFED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ISTR | 1.38 | (0.38) | 0.00 | (0.41) | 0.00 | 2.07 | 7.38 | |||
| CBAN | 1.26 | (0.05) | 0.00 | (0.04) | 0.00 | 2.85 | 10.65 | |||
| CULL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TCFC | 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 | |||
| WNEB | 1.05 | (0.04) | 0.00 | (0.05) | 0.00 | 2.44 | 8.20 | |||
| IROQ | 1.32 | 0.07 | 0.04 | 0.19 | 1.59 | 2.85 | 10.54 | |||
| OPOF | 1.04 | 0.28 | 0.16 | 0.93 | 1.18 | 2.16 | 10.44 |
Southern Missouri Corporate Management
| Richard Windes | Executive Officer | Profile | |
| Christopher Roberts | Executive Region | Profile | |
| Daniel CPA | Market Director | Profile | |
| Martin Weishaar | Executive Officer | Profile |