Susquehanna Community Correlations
| SQCF Stock | USD 11.90 0.05 0.42% |
The current 90-days correlation between Susquehanna Community and CCFNB Bancorp is 0.28 (i.e., Modest diversification). The correlation of Susquehanna Community 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.
Susquehanna Community Correlation With Market
Modest diversification
The correlation between Susquehanna Community Financia and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Susquehanna Community Financia and DJI in the same portfolio, assuming nothing else is changed.
Susquehanna |
The ability to find closely correlated positions to Susquehanna Community could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Susquehanna Community 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 Susquehanna Community - 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 Susquehanna Community Financial to buy it.
Moving together with Susquehanna Pink Sheet
| 0.61 | PBCRF | PT Bank Central | PairCorr |
| 0.77 | PBCRY | Bank Central Asia | PairCorr |
| 0.74 | HPQ | HP Inc Sell-off Trend | PairCorr |
| 0.71 | MSFT | Microsoft | PairCorr |
| 0.62 | AA | Alcoa Corp | PairCorr |
Moving against Susquehanna Pink Sheet
| 0.87 | BNPQF | BNP Paribas SA | PairCorr |
| 0.85 | BNPQY | BNP Paribas SA | PairCorr |
| 0.84 | CIHKY | China Merchants Bank | PairCorr |
| 0.79 | BBAS3 | Banco do Brasil | PairCorr |
| 0.67 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.66 | CIHHF | China Merchants Bank | PairCorr |
| 0.37 | USB-PH | US Bancorp | PairCorr |
| 0.77 | CVX | Chevron Corp | PairCorr |
| 0.76 | TRV | The Travelers Companies | PairCorr |
| 0.72 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.72 | JNJ | Johnson Johnson | PairCorr |
| 0.72 | MMM | 3M Company | PairCorr |
| 0.71 | T | ATT Inc Aggressive Push | PairCorr |
| 0.63 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.52 | IBM | International Business | PairCorr |
| 0.5 | MCD | McDonalds | PairCorr |
| 0.47 | INTC | Intel | 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 Susquehanna Pink Sheet performing well and Susquehanna Community 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 Susquehanna Community'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CCFN | 1.19 | 0.00 | 0.01 | (0.17) | 1.90 | 2.46 | 8.93 | |||
| MIFF | 0.40 | 0.05 | 0.00 | (0.55) | 0.00 | 0.91 | 8.97 | |||
| WDFN | 1.36 | 0.24 | 0.07 | 0.58 | 1.89 | 4.55 | 17.95 | |||
| PWOD | 1.22 | (0.02) | 0.00 | (0.05) | 0.00 | 2.71 | 7.86 | |||
| MYBF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MSWV | 0.45 | (0.04) | 0.00 | (0.21) | 0.00 | 0.81 | 6.74 | |||
| WAYN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FKYS | 1.83 | 0.01 | 0.01 | (0.06) | 2.39 | 4.41 | 16.74 | |||
| FIDS | 0.63 | 0.01 | 0.02 | (0.12) | 0.84 | 1.05 | 16.93 |
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Susquehanna Community Corporate Management
| Rodney Smith | Treasurer VP | Profile | |
| William II | Chief VP | Profile | |
| Christopher Sullivan | Sr VP | Profile | |
| Lorraine Barone | VP Mang | Profile | |
| Belinda Diefenbach | Corp VP | Profile |