Eagle Point Correlations

ECCF Stock

25.01 0.04 0.16%

The current 90-days correlation between Eagle Point Credit and Portillos is 0.15 (i.e., Average diversification). The correlation of Eagle Point 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.

Eagle Point Correlation With Market

Significant diversification

The correlation between Eagle Point Credit and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eagle Point Credit and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Point Credit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Eagle Stock

0.83	OCCIM	OFS Credit ,	Pair Corr
0.85	OCCIN	OFS Credit	Pair Corr
0.84	OCCIO	OFS Credit	Pair Corr
0.73	GECCO	Great Elm Capital	Pair Corr
0.79	ATCO-PD	Atlas Corp	Pair Corr
0.85	ATCO-PH	Atlas Corp	Pair Corr
0.84	PFG	Principal Financial	Pair Corr
0.69	OAK-PA	Oaktree Capital Group	Pair Corr
0.76	OAK-PB	Oaktree Capital Group	Pair Corr
0.9	GAINN	Gladstone Investment	Pair Corr
0.75	V	Visa Class A	Pair Corr
0.74	BK	Bank of New York	Pair Corr
0.87	DB	Deutsche Bank AG	Pair Corr
0.88	GL	Globe Life	Pair Corr

Moving against Eagle Stock

0.81	INV	Innventure, Upward Rally	Pair Corr
0.7	APO-PA	Apollo Global Management	Pair Corr
0.65	DHIL	Diamond Hill Investment	Pair Corr
0.64	PSEC-PA	Prospect Capital	Pair Corr
0.64	BX	Blackstone Group Normal Trading	Pair Corr
0.59	AX	Axos Financial	Pair Corr
0.46	ARES-PB	Ares Management Corp	Pair Corr
0.46	AAMI	Acadian Asset Management Symbol Change	Pair Corr
0.34	ECF-PA	Ellsworth Growth	Pair Corr
0.83	LC	LendingClub Corp Sell-off Trend	Pair Corr
0.77	WT	WisdomTree	Pair Corr
0.71	CM	Canadian Imperial Bank	Pair Corr
0.67	WD	Walker Dunlop	Pair Corr
0.55	RY	Royal Bank	Pair Corr
0.48	MC	Moelis	Pair Corr
0.47	CG	Carlyle Group Normal Trading	Pair Corr
0.46	KB	KB Financial Group	Pair Corr

Related Correlations Analysis

	PTLO	NWE	SWX	ZM	ARCO	SMC	WEN	TME
PTLO		0.49	0.85	-0.09	0.63	0.82	-0.66	0.49	PTLO
NWE	0.49		0.52	-0.61	0.37	0.2	-0.21	0.57	NWE
SWX	0.85	0.52		-0.06	0.81	0.73	-0.42	0.71	SWX
ZM	-0.09	-0.61	-0.06		-0.12	0.12	-0.04	-0.24	ZM
ARCO	0.63	0.37	0.81	-0.12		0.41	-0.14	0.77	ARCO
SMC	0.82	0.2	0.73	0.12	0.41		-0.72	0.24	SMC
WEN	-0.66	-0.21	-0.42	-0.04	-0.14	-0.72		0.02	WEN
TME	0.49	0.57	0.71	-0.24	0.77	0.24	0.02		TME
	PTLO	NWE	SWX	ZM	ARCO	SMC	WEN	TME

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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

SWX	+ 0.85	PTLO
SMC	+ 0.82	PTLO
ARCO	+ 0.81	SWX
TME	+ 0.77	ARCO
SMC	+ 0.73	SWX
TME	+ 0.71	SWX

High negative correlations

WEN	- 0.72	SMC
WEN	- 0.66	PTLO
ZM	- 0.61	NWE
WEN	- 0.42	SWX
TME	- 0.24	ZM
WEN	- 0.21	NWE

Risk-Adjusted Indicators

There is a big difference between Eagle Stock performing well and Eagle Point 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 Eagle Point'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
PTLO	2.93	0.52	0.16	0.32	2.90	(3.53)	8.12	(5.47)	22.46
NWE	1.13	0.17	0.13	0.43	1.49	(1.13)	2.32	(2.57)	7.16
SWX	1.13	0.11	0.09	0.08	1.40	(1.20)	2.38	(2.36)	6.10
ZM	1.27	(0.09)	0.00	(0.21)	0.00	0.00	2.44	(3.01)	16.58
ARCO	1.68	0.12	0.06	0.13	2.11	(1.77)	4.05	(3.21)	9.29
SMC	1.75	0.11	0.04	0.03	2.51	(1.65)	3.39	(3.39)	15.74
WEN	1.21	(0.13)	0.00	(0.62)	0.00	0.00	3.46	(2.70)	7.39
TME	2.58	0.27	0.12	(0.74)	2.71	(3.03)	6.56	(4.39)	21.82

Eagle Point Corporate Executives

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

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