Finward Bancorp Correlations
| FNWD Stock | USD 26.63 0.18 0.67% |
The current 90-days correlation between Finward Bancorp and First Community is 0.29 (i.e., Modest diversification). The correlation of Finward 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.
Finward Bancorp Correlation With Market
Significant diversification
The correlation between Finward Bancorp and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Finward Bancorp and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Finward Stock
Moving against Finward 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
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Risk-Adjusted Indicators
There is a big difference between Finward Stock performing well and Finward Bancorp 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 Finward 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FCCO | 1.17 | 0.18 | 0.15 | 0.32 | 0.80 | 2.96 | 9.17 | |||
| CWBC | 1.16 | 0.26 | 0.24 | 0.36 | 0.68 | 3.23 | 8.56 | |||
| FNWB | 1.79 | (0.41) | 0.00 | (0.25) | 0.00 | 3.90 | 13.72 | |||
| HFBL | 1.51 | 0.00 | (0.05) | 0.10 | 1.80 | 3.12 | 11.15 | |||
| FGBI | 2.17 | 0.11 | 0.00 | 0.79 | 2.60 | 5.40 | 20.57 | |||
| FDBC | 2.16 | 0.00 | 0.04 | 0.13 | 2.04 | 4.63 | 10.27 | |||
| FRST | 1.46 | 0.48 | 0.37 | 0.60 | 0.82 | 4.11 | 8.70 | |||
| MNSB | 1.32 | 0.30 | 0.19 | 0.59 | 0.92 | 3.72 | 9.87 |
Finward Bancorp Corporate Executives
Elected by the shareholders, the Finward Bancorp's board of directors comprises two types of representatives: Finward Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Finward. The board's role is to monitor Finward Bancorp's management team and ensure that shareholders' interests are well served. Finward 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, Finward Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Benjamin Schmitt | CFO VP | Profile | |
| Robert CPA | Executive COO | Profile | |
| Robert Lowry | Executive COO | Profile |