Oxford Square Correlations
| OXSQLDelisted Stock | USD 25.00 0.00 0.00% |
The current 90-days correlation between Oxford Square Capital and Oxford Square Capital is -0.17 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oxford Square moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oxford Square Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Oxford Square Correlation With Market
Significant diversification
The correlation between Oxford Square Capital and DJI is 0.05 (i.e., Significant 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.
Oxford |
Moving together with Oxford Stock
| 0.77 | SSNLF | Samsung Electronics | PairCorr |
| 0.79 | PTAIF | PT Astra International | PairCorr |
| 0.79 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.71 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.9 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.64 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.88 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.79 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.78 | T | ATT Inc Aggressive Push | PairCorr |
| 0.81 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.85 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.85 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
Moving against Oxford Stock
| 0.95 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.93 | BKRKY | Bank Rakyat | PairCorr |
| 0.93 | KO | Coca Cola Sell-off Trend | PairCorr |
| 0.91 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.89 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.83 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.78 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.78 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.65 | PBCRY | Bank Central Asia | PairCorr |
| 0.49 | PBCRF | PT Bank Central | PairCorr |
Related Correlations Analysis
| 0.91 | 0.76 | 0.27 | 0.03 | OXSQZ | ||
| 0.91 | 0.78 | 0.42 | 0.07 | OXLCM | ||
| 0.76 | 0.78 | 0.13 | -0.18 | GECCM | ||
| 0.27 | 0.42 | 0.13 | 0.75 | RILYZ | ||
| 0.03 | 0.07 | -0.18 | 0.75 | RILYG | ||
| 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
| High negative correlations
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OXSQZ | 0.22 | 0.03 | (0.26) | (0.55) | 0.14 | 0.53 | 1.23 | |||
| OXLCM | 0.07 | 0.01 | (1.21) | (0.67) | 0.00 | 0.16 | 0.41 | |||
| GECCM | 0.28 | 0.04 | (0.18) | (0.06) | 0.42 | 0.60 | 3.56 | |||
| RILYZ | 3.32 | 0.12 | 0.03 | 0.23 | 4.79 | 5.35 | 37.57 | |||
| RILYG | 3.16 | 0.05 | 0.02 | 0.16 | 3.94 | 6.11 | 38.41 |
Oxford Square Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Oxford Square stock to make a market-neutral strategy. Peer analysis of Oxford Square could also be used in its relative valuation, which is a method of valuing Oxford Square by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Oxford Square Capital?
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