Mr Cooper Correlations
| COOP Stock | USD 104.19 1.40 1.33% |
The current 90-days correlation between Mr Cooper Group and Encore Capital Group is 0.29 (i.e., Modest diversification). The correlation of Mr Cooper 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Mr Cooper Correlation With Market
Very weak diversification
The correlation between Mr Cooper Group and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mr Cooper Group and DJI in the same portfolio, assuming nothing else is changed.
COOP |
Moving together with COOP Stock
| 0.92 | V | Visa Class A | PairCorr |
| 0.87 | MA | Mastercard Sell-off Trend | PairCorr |
| 0.61 | COF | Capital One Financial | PairCorr |
| 0.78 | IVR | Invesco Mortgage Capital | PairCorr |
| 0.82 | ORC | Orchid Island Capital | PairCorr |
| 0.81 | TWO | Two Harbors Investments | PairCorr |
| 0.61 | OPFI | OppFi Inc | PairCorr |
| 0.61 | BBUC | Brookfield Business Corp | PairCorr |
| 0.68 | C | Citigroup Aggressive Push | PairCorr |
| 0.69 | AC | Associated Capital | PairCorr |
| 0.96 | BK | Bank of New York | PairCorr |
Moving against COOP Stock
| 0.55 | DHIL | Diamond Hill Investment | PairCorr |
| 0.55 | VEL | Velocity Financial Llc | PairCorr |
| 0.53 | WD | Walker Dunlop | PairCorr |
| 0.52 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.5 | ABR | Arbor Realty Trust | PairCorr |
| 0.53 | LC | LendingClub Corp Sell-off Trend | PairCorr |
| 0.51 | WT | WisdomTree | PairCorr |
| 0.49 | EG | Everest Group | PairCorr |
| 0.31 | CM | Canadian Imperial Bank | PairCorr |
Related Correlations Analysis
| -0.28 | -0.2 | -0.24 | 0.61 | -0.69 | VEL | ||
| -0.28 | 0.23 | 0.34 | -0.44 | 0.35 | SNFCA | ||
| -0.2 | 0.23 | 0.5 | -0.27 | 0.54 | ECPG | ||
| -0.24 | 0.34 | 0.5 | -0.3 | 0.52 | PFSI | ||
| 0.61 | -0.44 | -0.27 | -0.3 | -0.73 | GHLD | ||
| -0.69 | 0.35 | 0.54 | 0.52 | -0.73 | CNF | ||
| 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 COOP Stock performing well and Mr Cooper 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 Mr Cooper'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VEL | 0.94 | (0.11) | 0.00 | (0.54) | 0.00 | 1.37 | 10.96 | |||
| SNFCA | 1.40 | 0.04 | 0.00 | (0.03) | 0.00 | 2.92 | 8.29 | |||
| ECPG | 1.83 | (0.39) | 0.00 | (0.37) | 0.00 | 2.78 | 25.24 | |||
| PFSI | 1.48 | 0.05 | 0.00 | (0.03) | 0.00 | 3.14 | 12.76 | |||
| GHLD | 1.91 | 0.18 | 0.09 | 0.15 | 1.98 | 4.43 | 13.33 | |||
| CNF | 3.91 | 0.10 | 0.03 | 0.40 | 5.00 | 9.76 | 29.27 |
Mr Cooper Corporate Executives
Elected by the shareholders, the Mr Cooper's board of directors comprises two types of representatives: Mr Cooper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of COOP. The board's role is to monitor Mr Cooper's management team and ensure that shareholders' interests are well served. Mr Cooper's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mr Cooper's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kurt Johnson | Executive CFO | Profile | |
| Jeff Carroll | Senior CTO | Profile |