| CGABL Stock | | | USD 18.13 0.13 0.72% |
The current 90-days correlation between Carlyle Group and Oxford Square Capital is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carlyle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if The Carlyle Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Carlyle Correlation With Market
Modest diversification
The correlation between The Carlyle Group and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Carlyle Group and DJI in the same portfolio, assuming nothing else is changed.
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