Capital One Correlations

COF Stock

USD 192.01 0.72 0.38%

The current 90-days correlation between Capital One Financial and Mastercard is 0.54 (i.e., Very weak diversification). The correlation of Capital One 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.

Capital One Correlation With Market

Poor diversification

The correlation between Capital One Financial and DJI is 0.74 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capital One Financial and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capital One Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Moving together with Capital Stock

0.89	V	Visa Class A	Pair Corr
0.9	DIST	Distoken Acquisition	Pair Corr
0.89	MA	Mastercard	Pair Corr
0.61	GCMGW	GCM Grosvenor	Pair Corr
0.78	DYCQ	DT Cloud Acquisition	Pair Corr
0.65	ROCLW	Roth CH Acquisition	Pair Corr
0.8	EMCG	Embrace Change Acqui	Pair Corr
0.82	ESHA	ESH Acquisition Corp	Pair Corr
0.76	EVGR	Evergreen Corp	Pair Corr
0.7	ANSCW	Agriculture Natural	Pair Corr
0.64	WTMA	Welsbach Technology	Pair Corr

Moving against Capital Stock

0.82	WU	Western Union Sell-off Trend	Pair Corr
0.58	BRACU	Broad Capital Acquisition	Pair Corr
0.54	PT	Pintec Technology	Pair Corr
0.44	RC	Ready Capital Corp	Pair Corr
0.42	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.78	BRKHU	BurTech Acquisition Corp	Pair Corr
0.47	EARN	Ellington Residential	Pair Corr
0.47	BRKHW	BurTech Acquisition Corp	Pair Corr
0.32	PFTAU	Portage Fintech Acqu	Pair Corr
0.32	DISTW	Distoken Acquisition	Pair Corr
0.88	TGAAU	Target Global Acquisition	Pair Corr
0.73	ARR	ARMOUR Residential REIT	Pair Corr
0.5	CIM	Chimera Investment	Pair Corr

Related Correlations Analysis

	MA	V	PYPL	ALLY	AXP	SYF	DFS	UPST	SOFI
MA		0.83	0.86	-0.02	0.9	0.91	0.89	0.89	0.9	MA
V	0.83		0.65	0.19	0.78	0.89	0.9	0.86	0.89	V
PYPL	0.86	0.65		0.04	0.91	0.86	0.85	0.86	0.85	PYPL
ALLY	-0.02	0.19	0.04		0.14	0.29	0.3	0.29	0.22	ALLY
AXP	0.9	0.78	0.91	0.14		0.92	0.93	0.9	0.9	AXP
SYF	0.91	0.89	0.86	0.29	0.92		0.99	0.95	0.96	SYF
DFS	0.89	0.9	0.85	0.3	0.93	0.99		0.95	0.95	DFS
UPST	0.89	0.86	0.86	0.29	0.9	0.95	0.95		0.97	UPST
SOFI	0.9	0.89	0.85	0.22	0.9	0.96	0.95	0.97		SOFI
	MA	V	PYPL	ALLY	AXP	SYF	DFS	UPST	SOFI

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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

DFS	+ 0.99	SYF
SOFI	+ 0.97	UPST
SOFI	+ 0.96	SYF
UPST	+ 0.95	SYF
UPST	+ 0.95	DFS
SOFI	+ 0.95	DFS

High negative correlations

ALLY

- 0.02

Risk-Adjusted Indicators

There is a big difference between Capital Stock performing well and Capital One 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 Capital One'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
MA	0.70	0.08	0.06	0.24	0.68	(0.78)	1.70	(1.33)	5.05
V	0.83	0.14	0.09	0.31	1.05	(0.95)	2.23	(1.30)	7.73
PYPL	1.38	0.17	0.11	0.28	1.50	(1.51)	3.52	(2.75)	10.05
ALLY	1.54	(0.29)	0.00	(0.02)	0.00	0.00	2.84	(2.91)	19.33
AXP	1.23	0.05	0.10	0.16	1.11	(1.34)	2.83	(2.19)	9.79
SYF	1.71	0.13	0.23	0.17	1.20	(2.11)	4.38	(2.58)	23.07
DFS	1.97	0.09	0.21	0.16	1.45	(2.56)	4.04	(2.77)	24.36
UPST	4.07	0.71	0.26	0.33	3.52	(5.30)	7.37	(5.57)	56.41
SOFI	2.51	1.00	0.46	0.67	1.71	(3.19)	7.21	(2.94)	17.87

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