Affiliated Managers Correlations

MGRD Stock

USD 16.12 0.08 0.49%

The current 90-days correlation between Affiliated Managers and Oxford Square Capital is 0.1 (i.e., Average diversification). The correlation of Affiliated Managers 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.

Affiliated Managers Correlation With Market

Modest diversification

The correlation between Affiliated Managers Group, and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Affiliated Managers Group, and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Affiliated Stock

0.73	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.77	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.85	ADC-PA	Agree Realty	Pair Corr
0.78	VNO-PL	Vornado Realty Trust	Pair Corr
0.79	VNO-PO	Vornado Realty Trust	Pair Corr
0.68	PSEC-PA	Prospect Capital	Pair Corr
0.93	SCHW-PJ	Charles Schwab	Pair Corr
0.67	ILLRW	Triller Group Symbol Change	Pair Corr
0.66	ROCLU	Roth CH Acquisition	Pair Corr

Moving against Affiliated Stock

0.87	DSAQ	Direct Selling Acqui	Pair Corr
0.87	DTSQ	DT Cloud Star	Pair Corr
0.83	RJF-PB	Raymond James Financial	Pair Corr
0.8	MITT-PC	AG Mortgage Investment	Pair Corr
0.77	DPCS	DP Cap Acquisition	Pair Corr
0.64	DUET	DUET Acquisition Corp	Pair Corr
0.61	YHNAU	YHN Acquisition I	Pair Corr
0.55	NOVVU	Nova Vision Acquisition	Pair Corr
0.42	VACH	Voyager Acquisition Corp	Pair Corr
0.9	CEP	Cantor Equity Partners,	Pair Corr
0.87	EURK	Eureka Acquisition Corp	Pair Corr
0.85	AAM	AA Mission Acquisition	Pair Corr
0.85	CUB	Lionheart Holdings	Pair Corr
0.81	FRLAU	Fortune Rise Acquisition	Pair Corr
0.79	OCAXW	OCA Acquisition Corp	Pair Corr
0.78	FHLT	Future Health Esg	Pair Corr
0.77	ALF	Centurion Acquisition	Pair Corr
0.69	BSIIU	Black Spade Acquisition	Pair Corr
0.61	PFXNZ	PhenixFIN 525	Pair Corr
0.55	SSSSL	SuRo Capital Corp	Pair Corr

Related Correlations Analysis

	OXSQZ	ATLCL	OXSQG	OXLCZ
OXSQZ		0.73	0.49	0.75	OXSQZ
ATLCL	0.73		0.47	0.54	ATLCL
OXSQG	0.49	0.47		0.55	OXSQG
OXLCZ	0.75	0.54	0.55		OXLCZ
	OXSQZ	ATLCL	OXSQG	OXLCZ

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Risk-Adjusted Indicators

There is a big difference between Affiliated Stock performing well and Affiliated Managers 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 Affiliated Managers' 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
OXSQZ	0.23	0.01	(0.06)	0.23	0.25	(0.35)	0.61	(0.61)	1.54
ATLCL	0.47	0.00	(0.05)	0.02	0.57	(0.50)	0.81	(1.02)	2.80
OXSQG	0.35	0.03	(0.01)	(0.12)	0.39	(0.53)	0.71	(0.90)	2.51
OXLCZ	0.14	0.02	(0.08)	(0.29)	0.08	(0.16)	0.30	(0.34)	1.06

Affiliated Managers Corporate Management

Dwight Churchill	Independent Director	Profile
Karen Yerburgh	Independent Director	Profile
David Billings	General Counsel, Secretary	Profile
Tracy Palandjian	Independent Director	Profile
David Ryan	Additional Independent Director	Profile
Tracy Atkinson	Independent Director	Profile

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