NSTS Bancorp Correlations

NSTS Stock

USD 12.14 0.16 1.30%

The correlation of NSTS 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. If the correlation is 0, the equities are not correlated; they are entirely random.

NSTS Bancorp Correlation With Market

Good diversification

The correlation between NSTS Bancorp and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NSTS Bancorp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with NSTS Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NSTS Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy NSTS Stock please use our How to Invest in NSTS Bancorp guide.

Moving together with NSTS Stock

0.66	KB	KB Financial Group	Pair Corr
0.72	EBTC	Enterprise Bancorp	Pair Corr

Moving against NSTS Stock

0.45	EBMT	Eagle Bancorp Montana	Pair Corr
0.42	TFC-PI	Truist Financial	Pair Corr
0.4	ECBK	ECB Bancorp	Pair Corr
0.61	WAFDP	Washington Federal	Pair Corr
0.45	WSBK	Winchester Bancorp,	Pair Corr

Related Correlations Analysis

	CULL	HFBL	PBKC	LBNW	CFSB	PBBK	BCOW	TCBS	BLFY
CULL		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	CULL
HFBL	0.0		0.3	0.57	0.38	0.58	-0.15	0.45	-0.1	HFBL
PBKC	0.0	0.3		0.45	0.87	0.73	-0.34	0.7	-0.12	PBKC
LBNW	0.0	0.57	0.45		0.51	0.79	-0.26	0.59	-0.02	LBNW
CFSB	0.0	0.38	0.87	0.51		0.73	-0.41	0.75	-0.44	CFSB
PBBK	0.0	0.58	0.73	0.79	0.73		-0.21	0.8	-0.07	PBBK
BCOW	0.0	-0.15	-0.34	-0.26	-0.41	-0.21		-0.25	0.37	BCOW
TCBS	0.0	0.45	0.7	0.59	0.75	0.8	-0.25		-0.15	TCBS
BLFY	0.0	-0.1	-0.12	-0.02	-0.44	-0.07	0.37	-0.15		BLFY
	CULL	HFBL	PBKC	LBNW	CFSB	PBBK	BCOW	TCBS	BLFY

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

CFSB	+ 0.87	PBKC
TCBS	+ 0.8	PBBK
PBBK	+ 0.79	LBNW
TCBS	+ 0.75	CFSB
PBBK	+ 0.73	PBKC
PBBK	+ 0.73	CFSB

High negative correlations

BLFY	- 0.44	CFSB
BCOW	- 0.41	CFSB
BCOW	- 0.34	PBKC
BCOW	- 0.26	LBNW
TCBS	- 0.25	BCOW
BCOW	- 0.21	PBBK

Risk-Adjusted Indicators

There is a big difference between NSTS Stock performing well and NSTS 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 NSTS 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
CULL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HFBL	1.50	0.07	(0.03)	9.21	1.74	(2.06)	3.12	(2.98)	11.15
PBKC	0.39	0.15	0.00	2.76	0.00	0.00	1.85	0.00	7.15
LBNW	0.62	0.21	0.00	1.04	0.00	0.00	2.08	(0.38)	8.89
CFSB	2.21	1.16	1.03	(3.82)	0.00	(2.77)	2.55	(1.39)	67.55
PBBK	1.58	0.32	0.07	6.89	1.84	(2.25)	4.35	(2.13)	24.45
BCOW	1.44	(0.01)	0.00	0.23	0.00	0.00	4.18	(4.58)	12.03
TCBS	0.80	(0.03)	(0.07)	0.07	1.18	(0.95)	1.78	(2.08)	6.76
BLFY	1.34	(0.06)	(0.04)	0.08	1.67	(1.34)	3.15	(2.74)	7.88

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