Oxford Square Correlations

OXSQG Stock

USD 23.17 0.10 0.43%

The current 90-days correlation between Oxford Square Capital and Oshidori International Holdings is -0.01 (i.e., Good diversification). The correlation of Oxford Square 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.

Oxford Square Correlation With Market

Average diversification

The correlation between Oxford Square Capital and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oxford Square Capital and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Square Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Moving together with Oxford Stock

0.69	AB	AllianceBernstein	Pair Corr
0.74	AC	Associated Capital	Pair Corr
0.64	BN	Brookfield Corp	Pair Corr
0.65	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.81	CG	Carlyle Group	Pair Corr
0.67	LC	LendingClub Corp	Pair Corr
0.67	LX	Lexinfintech Holdings Buyout Trend	Pair Corr
0.67	MA	Mastercard	Pair Corr
0.71	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.68	QD	Qudian Inc	Pair Corr
0.68	SF	Stifel Financial Fiscal Year End 22nd of January 2025	Pair Corr
0.64	TW	Tradeweb Markets Normal Trading	Pair Corr
0.64	VCTR	Victory Capital Holdings	Pair Corr
0.76	DYCQ	DT Cloud Acquisition	Pair Corr

Moving against Oxford Stock

0.51	RC	Ready Capital Corp	Pair Corr
0.37	PT	Pintec Technology	Pair Corr
0.74	BRKHU	BurTech Acquisition Corp	Pair Corr
0.58	XP	Xp Inc	Pair Corr
0.57	WU	Western Union	Pair Corr
0.47	BRACU	Broad Capital Acquisition	Pair Corr
0.35	TETEW	Technology Telecommunicatio	Pair Corr

Related Correlations Analysis

	ATLCL	GECCO	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF
ATLCL		0.44	0.0	0.44	0.57	0.65	0.5	0.66	0.74	0.22	ATLCL
GECCO	0.44		0.0	0.21	0.24	0.47	0.13	0.4	0.45	0.19	GECCO
AQUI	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	AQUI
MSTSX	0.44	0.21	0.0		0.5	-0.08	0.72	0.1	0.1	0.51	MSTSX
LBHIX	0.57	0.24	0.0	0.5		0.49	0.79	0.59	0.4	-0.24	LBHIX
VIASP	0.65	0.47	0.0	-0.08	0.49		0.34	0.88	0.74	-0.31	VIASP
RRTLX	0.5	0.13	0.0	0.72	0.79	0.34		0.47	0.22	-0.04	RRTLX
OSHDF	0.66	0.4	0.0	0.1	0.59	0.88	0.47		0.68	-0.26	OSHDF
70082LAB3	0.74	0.45	0.0	0.1	0.4	0.74	0.22	0.68		0.06	70082LAB3
SITKF	0.22	0.19	0.0	0.51	-0.24	-0.31	-0.04	-0.26	0.06		SITKF
	ATLCL	GECCO	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	70082LAB3	SITKF

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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

OSHDF	+ 0.88	VIASP
RRTLX	+ 0.79	LBHIX
70082LAB3	+ 0.74	ATLCL
70082LAB3	+ 0.74	VIASP
RRTLX	+ 0.72	MSTSX
70082LAB3	+ 0.68	OSHDF

High negative correlations

SITKF	- 0.31	VIASP
SITKF	- 0.26	OSHDF
SITKF	- 0.24	LBHIX
VIASP	- 0.08	MSTSX
SITKF	- 0.04	RRTLX
SITKF	- 0.0	AQUI

Risk-Adjusted Indicators

There is a big difference between Oxford Stock performing well and Oxford Square 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 Oxford Square'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
ATLCL	0.48	0.04	(0.02)	0.94	0.54	(0.52)	0.97	(1.02)	2.80
GECCO	0.27	0.06	(0.02)	(0.36)	0.12	(0.50)	1.28	(0.62)	2.43
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSTSX	0.44	0.03	(0.05)	1.68	0.43	(0.58)	1.21	(0.84)	2.80
LBHIX	0.10	0.00	(0.23)	0.02	0.03	(0.25)	0.24	(0.24)	0.71
VIASP	0.73	0.11	0.04	(0.98)	1.09	(0.80)	2.00	(1.20)	6.28
RRTLX	0.22	0.00	(0.18)	0.10	0.22	(0.24)	0.48	(0.47)	1.36
OSHDF	39.65	21.33	0.00	(0.96)	0.00	0.00	0.00	0.00	1,329
70082LAB3	0.66	0.08	0.02	19.46	0.95	(0.79)	1.75	(0.78)	6.86
SITKF	5.33	0.52	0.07	0.91	5.04	(8.22)	14.29	(9.09)	30.02

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