Consumer Portfolio Correlations

Stocks . USA . 
Stock . Consumer Portfolio Services
CPSS Stock  USD 9.03  0.36  4.15%   
The current 90-days correlation between Consumer Portfolio and Atlanticus Holdings Corp is 0.18 (i.e., Average diversification). The correlation of Consumer Portfolio 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.

Consumer Portfolio Correlation With Market

Very weak diversification

The correlation between Consumer Portfolio Services and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Consumer Portfolio Services 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 Consumer Portfolio Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Consumer Stock

  0.89ECPG Encore Capital GroupPairCorr
  0.92AXP American ExpressPairCorr
  0.79CNF CNFinance HoldingsPairCorr
  0.71COF Capital One FinancialPairCorr
  0.73DFS Discover FinancialPairCorr
  0.94SYF Synchrony FinancialPairCorr
  0.82PYPL PayPal HoldingsPairCorr
  0.85SOFI SoFi TechnologiesPairCorr
  0.61CODI Compass DiversifiedPairCorr
  0.66UPST Upstart HoldingsPairCorr
  0.62C CitigroupPairCorr
  0.82AX Axos FinancialPairCorr
  0.85BN Brookfield CorpPairCorr
  0.9BX Blackstone GroupPairCorr
  0.75BY Byline BancorpPairCorr
  0.92CG Carlyle GroupPairCorr
  0.88CM Canadian Imperial BankPairCorr
  0.69FG FG Annuities LifePairCorr
  0.7GS Goldman Sachs GroupPairCorr
  0.81KB KB Financial GroupPairCorr
  0.74LC LendingClub CorpPairCorr

Moving against Consumer Stock

  0.45L Loews CorpPairCorr
  0.86CB ChubbPairCorr
  0.8TW Tradeweb MarketsPairCorr
  0.76DB Deutsche Bank AGPairCorr
  0.76LU Lufax HoldingPairCorr
  0.67LX Lexinfintech Holdings Buyout TrendPairCorr
  0.66HG Hamilton Insurance Group,PairCorr
  0.47GL Globe LifePairCorr
  0.37TD Toronto Dominion BankPairCorr

Related Correlations Analysis

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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   
NNI
+ 0.8
ATLCP
SLMBP
+ 0.78
ATLCP
WRLD
+ 0.74
ENVA
FCFS
+ 0.71
NNI
FCFS
+ 0.6
WRLD
FCFS
+ 0.59
ATLCP
  
High negative correlations   
SLMBP
- 0.59
MCVT
FCFS
- 0.57
AIHS
AGM-A
- 0.55
FCFS
AIHS
- 0.55
ATLCP
AIHS
- 0.48
NNI
NNI
- 0.37
MCVT

Risk-Adjusted Indicators

There is a big difference between Consumer Stock performing well and Consumer Portfolio 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 Consumer Portfolio'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ATLCP  0.51  0.03  0.09  0.50  0.56 
(0.57)
 1.33 
(1.07)
 3.04 
MCVT  4.72  0.14  0.03  30.82  5.23 
(6.92)
 13.57 
(11.30)
 53.86 
NNI  0.94  0.14  0.13  0.10  0.98 
(1.06)
 1.54 
(1.71)
 11.61 
AIHS  2.75  0.22  0.05  0.47  3.40 
(3.35)
 7.00 
(6.54)
 23.64 
ENVA  1.66  0.13  0.05  0.04  1.95 
(1.75)
 3.54 
(3.21)
 8.86 
IX  0.91  0.06  0.04  0.05  1.52 
(0.89)
 1.82 
(2.17)
 7.70 
WRLD  1.87  0.37  0.14  0.17  2.05 
(1.97)
 3.94 
(3.34)
 22.17 
FCFS  0.87  0.25  0.23  0.43  0.85 
(0.98)
 2.21 
(1.75)
 6.71 
SLMBP  0.30  0.07  0.27  0.46  0.07 
(0.38)
 0.90 
(0.50)
 1.90 
AGM-A  1.56 (0.15) 0.00 (0.24) 0.00 
 0.00 
 2.49 
(4.60)
 16.56 

Consumer Portfolio Corporate Executives

Elected by the shareholders, the Consumer Portfolio's board of directors comprises two types of representatives: Consumer Portfolio inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Consumer. The board's role is to monitor Consumer Portfolio's management team and ensure that shareholders' interests are well served. Consumer Portfolio'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, Consumer Portfolio's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey FritzCFO, Principal Accounting Officer and Executive VPProfile
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