Sturgis Bancorp Correlations
| STBIDelisted Stock | USD 20.00 0.00 0.00% |
The current 90-days correlation between Sturgis Bancorp and FS Bancorp is -0.07 (i.e., Good diversification). The correlation of Sturgis Bancorp 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.
Sturgis Bancorp Correlation With Market
Average diversification
The correlation between Sturgis Bancorp and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sturgis Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Sturgis |
The ability to find closely correlated positions to Sturgis Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sturgis Bancorp 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 Sturgis Bancorp - 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 Sturgis Bancorp to buy it.
Moving together with Sturgis OTC Stock
Moving against Sturgis OTC Stock
| 0.65 | CFG-PH | Citizens Financial Group, | PairCorr |
| 0.61 | DB | Deutsche Bank AG Normal Trading | PairCorr |
| 0.58 | ECBK | ECB Bancorp | PairCorr |
| 0.45 | EBMT | Eagle Bancorp Montana Fiscal Year End 28th of January 2025 | PairCorr |
| 0.38 | VBFC | Village Bank | PairCorr |
| 0.36 | KB | KB Financial Group | PairCorr |
| 0.65 | TFINP | Triumph Financial | PairCorr |
| 0.51 | KEY-PK | KeyCorp | PairCorr |
| 0.49 | KEY-PL | KeyCorp | PairCorr |
| 0.49 | WAFDP | Washington Federal | PairCorr |
| 0.48 | WSBCP | WesBanco | PairCorr |
| 0.34 | ESSA | ESSA Bancorp | PairCorr |
| 0.32 | KEY-PJ | KeyCorp | PairCorr |
| 0.32 | WMPN | William Penn Bancorp | PairCorr |
| 0.31 | EVBN | Evans Bancorp | 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
|
Risk-Adjusted Indicators
There is a big difference between Sturgis OTC Stock performing well and Sturgis Bancorp 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 Sturgis 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FXLG | 0.22 | 0.03 | (0.06) | 0.78 | 0.20 | 1.17 | 2.63 | |||
| EFIN | 0.75 | 0.21 | 0.05 | 1.43 | 0.80 | 2.78 | 7.36 | |||
| GNRV | 1.51 | 0.39 | 0.02 | (0.17) | 2.34 | 5.54 | 18.72 | |||
| BORT | 0.42 | 0.04 | (0.04) | 0.42 | 0.52 | 0.80 | 4.78 | |||
| KLIB | 1.04 | 0.00 | (0.03) | 0.09 | 1.76 | 2.47 | 22.66 | |||
| BKUTK | 1.16 | 0.28 | 0.08 | 2.86 | 1.06 | 3.57 | 9.47 | |||
| CNBZ | 0.25 | (0.14) | 0.00 | 90.97 | 0.00 | 0.00 | 3.11 | |||
| OXBC | 0.27 | 0.04 | (0.06) | 0.32 | 0.22 | 0.73 | 3.49 | |||
| CCFC | 0.48 | (0.15) | 0.00 | (1.47) | 0.00 | 0.82 | 7.12 | |||
| DWNX | 0.11 | 0.00 | 0.00 | 0.35 | 0.00 | 0.49 | 1.47 |
View Sturgis Bancorp Related Equities
| Risk & Return | Correlation |
Sturgis Bancorp Corporate Management
Elected by the shareholders, the Sturgis Bancorp's board of directors comprises two types of representatives: Sturgis Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sturgis. The board's role is to monitor Sturgis Bancorp's management team and ensure that shareholders' interests are well served. Sturgis Bancorp'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, Sturgis Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jason Hyska | VP Lending | Profile | |
| Heather Myers | Co Sec | Profile | |
| Steven Gage | Pres Bank | Profile | |
| Robert Burch | VP | Profile |
Still Interested in Sturgis 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.