Woodlands Financial Correlations

WDFN Stock

USD 23.00 1.00 4.55%

The current 90-days correlation between Woodlands Financial and Eastern Michigan Financial is -0.1 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Woodlands Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Woodlands Financial Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Woodlands Financial Correlation With Market

Average diversification

The correlation between Woodlands Financial Services and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Woodlands Financial Services and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Woodlands Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Woodlands Financial 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 Woodlands Financial - 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 Woodlands Financial Services to buy it.

Moving together with Woodlands Pink Sheet

0.77	BBAS3	Banco do Brasil	Pair Corr
0.8	USB-PH	US Bancorp	Pair Corr
0.63	T	ATT Inc Aggressive Push	Pair Corr
0.8	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.63	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.61	JNJ	Johnson Johnson	Pair Corr
0.7	IBM	International Business	Pair Corr
0.84	MMM	3M Company	Pair Corr

Moving against Woodlands Pink Sheet

0.57	IBN	ICICI Bank Limited	Pair Corr
0.54	PBCRY	Bank Central Asia	Pair Corr
0.43	HDB	HDFC Bank Limited Normal Trading	Pair Corr
0.34	PPERF	Bank Mandiri Persero	Pair Corr
0.47	AA	Alcoa Corp	Pair Corr
0.33	MSFT	Microsoft	Pair Corr

Related Correlations Analysis

	EFIN	CEFC	MIFF	APLO	CTYP	FBPA	CCFC	BKUT	DWNX	FIDS
EFIN		0.64	-0.48	0.89	-0.05	0.62	0.38	-0.33	0.77	-0.64	EFIN
CEFC	0.64		-0.2	0.61	0.26	0.36	-0.12	-0.21	0.42	-0.45	CEFC
MIFF	-0.48	-0.2		-0.56	0.4	-0.27	-0.56	0.58	-0.37	0.41	MIFF
APLO	0.89	0.61	-0.56		-0.19	0.66	0.49	-0.46	0.78	-0.61	APLO
CTYP	-0.05	0.26	0.4	-0.19		-0.24	-0.65	0.58	-0.1	-0.2	CTYP
FBPA	0.62	0.36	-0.27	0.66	-0.24		0.33	-0.3	0.5	-0.33	FBPA
CCFC	0.38	-0.12	-0.56	0.49	-0.65	0.33		-0.5	0.55	-0.35	CCFC
BKUT	-0.33	-0.21	0.58	-0.46	0.58	-0.3	-0.5		-0.16	0.11	BKUT
DWNX	0.77	0.42	-0.37	0.78	-0.1	0.5	0.55	-0.16		-0.7	DWNX
FIDS	-0.64	-0.45	0.41	-0.61	-0.2	-0.33	-0.35	0.11	-0.7		FIDS
	EFIN	CEFC	MIFF	APLO	CTYP	FBPA	CCFC	BKUT	DWNX	FIDS

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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

APLO	+ 0.89	EFIN
DWNX	+ 0.78	APLO
DWNX	+ 0.77	EFIN
FBPA	+ 0.66	APLO
CEFC	+ 0.64	EFIN
FBPA	+ 0.62	EFIN

High negative correlations

FIDS	- 0.7	DWNX
CCFC	- 0.65	CTYP
FIDS	- 0.64	EFIN
FIDS	- 0.61	APLO
CCFC	- 0.56	MIFF
APLO	- 0.56	MIFF

Risk-Adjusted Indicators

There is a big difference between Woodlands Pink Sheet performing well and Woodlands Financial 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 Woodlands Financial'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
EFIN	1.36	0.28	0.08	(1.33)	1.94	(1.89)	2.21	(3.44)	17.01
CEFC	1.15	0.05	0.02	0.21	1.51	(1.52)	1.52	(3.11)	10.28
MIFF	0.40	0.06	0.00	(0.55)	0.00	0.00	0.91	(1.16)	8.97
APLO	0.96	0.25	0.11	4.70	0.87	(1.68)	1.45	(2.31)	13.95
CTYP	1.30	0.07	0.01	0.31	2.79	(4.83)	3.10	(3.33)	25.17
FBPA	0.82	0.08	0.04	(0.33)	1.05	(1.59)	2.41	(2.16)	6.83
CCFC	0.79	0.05	0.01	(5.41)	1.66	(4.41)	2.46	(1.89)	12.50
BKUT	1.07	0.10	0.03	(4.46)	1.48	(3.31)	3.48	(3.99)	15.22
DWNX	0.10	0.03	0.00	(1.26)	0.00	0.00	0.34	(0.10)	1.56
FIDS	0.63	0.02	0.01	(0.12)	0.84	(3.47)	1.05	(2.17)	16.93

Be your own money manager

Our tools can tell you how much better you can do entering a position in Woodlands Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Woodlands Financial Corporate Management

Joseph Farley	VP Treasurer	Profile
Brian Brooking	VP Sec	Profile
Matthew Gaugler	VP Officer	Profile
Jon Conklin	CEO Pres	Profile

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