Federal National Correlations

OTC Stocks . USA . 
Stock . Federal National Mortgage
FNMAS Stock  USD 15.19  0.09  0.59%   
The current 90-days correlation between Federal National Mortgage and Loandepot is -0.05 (i.e., Good diversification). The correlation of Federal National 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Federal National Correlation With Market

Average diversification

The correlation between Federal National Mortgage 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 Federal National Mortgage and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Federal National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federal National 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 Federal National - 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 Federal National Mortgage to buy it.

Moving together with Federal OTC Stock

  0.73RKT Rocket CompaniesPairCorr
  0.99FMCCT Federal Home LoanPairCorr
  0.91COOP Mr Cooper Group Earnings Call This WeekPairCorr
  0.99FNMAT Federal National Mortgage Earnings Call This WeekPairCorr
  0.98FNMFN Federal National Mortgage Earnings Call This WeekPairCorr
  0.95FNMAN Federal National Mortgage Earnings Call This WeekPairCorr
  0.96FNMAM Federal National Mortgage Earnings Call This WeekPairCorr
  0.98FNMAI Federal National Mortgage Earnings Call This WeekPairCorr
  0.76MUFG Mitsubishi UFJ FinancialPairCorr
  0.67MBFJF Mitsubishi UFJ FinancialPairCorr
  0.76SMFG Sumitomo Mitsui FinancialPairCorr
  0.63SMFNF Sumitomo Mitsui FinancialPairCorr
  0.94KB KB Financial Group Earnings Call TodayPairCorr
  0.86MFG Mizuho FinancialPairCorr
  0.94SHG Shinhan Financial Earnings Call This WeekPairCorr
  0.89IBM International Business Earnings Call This WeekPairCorr
  0.89BAC Bank of AmericaPairCorr
  0.87AXP American ExpressPairCorr
  0.8DD Dupont De NemoursPairCorr
  0.65INTC Intel Earnings Call This WeekPairCorr
  0.9GE GE Aerospace Earnings Call TomorrowPairCorr
  0.79AA Alcoa CorpPairCorr
  0.92JPM JPMorgan ChasePairCorr
  0.88PFE Pfizer IncPairCorr
  0.82CVX Chevron CorpPairCorr
  0.88DIS Walt DisneyPairCorr

Moving against Federal OTC Stock

  0.38UWMC UWM Holdings CorpPairCorr
  0.51KO Coca Cola Earnings Call TomorrowPairCorr
  0.46PG Procter GamblePairCorr
  0.44VZ Verizon Communications Earnings Call TodayPairCorr

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   
HHSE
+ 0.74
LDI
LUDG
+ 0.41
TAKD
NAFS
+ 0.21
TAKD
HHSE
+ 0.08
DREM
DREM
+ 0.02
TAKD
NAFS
+ 0.02
LUDG
  
High negative correlations   
TAKD
- 0.56
LDI
LUDG
- 0.5
LDI
HHSE
- 0.39
LUDG
HHSE
- 0.36
TAKD
HHSE
- 0.22
NAFS
NAFS
- 0.16
LDI

Risk-Adjusted Indicators

There is a big difference between Federal OTC Stock performing well and Federal National 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 Federal National'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Federal National 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.

Did you try this?

Run Bond Analysis Now

   

Bond Analysis

Evaluate and analyze corporate bonds as a potential investment for your portfolios.
All  Next Launch Module

Federal National Corporate Management

Elected by the shareholders, the Federal National's board of directors comprises two types of representatives: Federal National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Federal. The board's role is to monitor Federal National's management team and ensure that shareholders' interests are well served. Federal National'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, Federal National's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ramon RichardsVP OfficerProfile
Nancy JardiniVP OfficerProfile
Pete BakelInvestor RelationsProfile
Ryan CFAEx OfficerProfile
Stergios TheologidesGen VPProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY