EZCORP Correlations

EZPW Stock

USD 14.20 0.25 1.79%

The current 90-days correlation between EZCORP Inc and Upstart Holdings is 0.19 (i.e., Average diversification). The correlation of EZCORP 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.

EZCORP Correlation With Market

Modest diversification

The correlation between EZCORP Inc and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EZCORP Inc 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 EZCORP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with EZCORP Stock

0.78	V	Visa Class A	Pair Corr
0.64	AC	Associated Capital	Pair Corr
0.73	DB	Deutsche Bank AG Normal Trading	Pair Corr
0.83	DX	Dynex Capital	Pair Corr
0.74	LU	Lufax Holding	Pair Corr
0.81	LX	Lexinfintech Holdings	Pair Corr
0.61	MA	Mastercard	Pair Corr
0.69	PT	Pintec Technology	Pair Corr
0.81	XP	Xp Inc Normal Trading	Pair Corr
0.7	DMYY	dMY Squared Technology	Pair Corr
0.9	DOMH	Dominari Holdings	Pair Corr
0.69	GCMGW	GCM Grosvenor	Pair Corr
0.66	DYCQ	DT Cloud Acquisition	Pair Corr
0.72	VMCA	Valuence Merger Corp	Pair Corr
0.76	EMCGU	Embrace Change Acqui	Pair Corr

Moving against EZCORP Stock

0.71	LC	LendingClub Corp	Pair Corr
0.7	WD	Walker Dunlop	Pair Corr
0.62	BX	Blackstone Group Normal Trading	Pair Corr
0.61	WT	WisdomTree	Pair Corr
0.53	DHIL	Diamond Hill Investment	Pair Corr
0.47	RC	Ready Capital Corp	Pair Corr
0.45	CG	Carlyle Group	Pair Corr
0.41	PX	P10 Inc	Pair Corr
0.37	MC	Moelis	Pair Corr
0.36	SF	Stifel Financial	Pair Corr
0.78	VRTS	Virtus Investment	Pair Corr
0.7	WULF	Terawulf Upward Rally	Pair Corr
0.69	LGHLW	Lion Financial Group	Pair Corr
0.35	ECPG	Encore Capital Group	Pair Corr

Related Correlations Analysis

	V	PYPL	COF	UPST	MA	ALLY	SOFI	SYF	DFS
V		-0.67	0.54	0.12	0.93	0.33	-0.22	-0.33	0.5	V
PYPL	-0.67		0.18	0.4	-0.42	0.39	0.8	0.88	0.22	PYPL
COF	0.54	0.18		0.55	0.7	0.9	0.59	0.56	0.99	COF
UPST	0.12	0.4	0.55		0.36	0.62	0.69	0.59	0.48	UPST
MA	0.93	-0.42	0.7	0.36		0.53	0.03	-0.05	0.66	MA
ALLY	0.33	0.39	0.9	0.62	0.53		0.73	0.69	0.88	ALLY
SOFI	-0.22	0.8	0.59	0.69	0.03	0.73		0.92	0.6	SOFI
SYF	-0.33	0.88	0.56	0.59	-0.05	0.69	0.92		0.59	SYF
DFS	0.5	0.22	0.99	0.48	0.66	0.88	0.6	0.59		DFS
	V	PYPL	COF	UPST	MA	ALLY	SOFI	SYF	DFS

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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	COF
MA	+ 0.93	V
SYF	+ 0.92	SOFI
ALLY	+ 0.9	COF
SYF	+ 0.88	PYPL
DFS	+ 0.88	ALLY

High negative correlations

PYPL	- 0.67	V
MA	- 0.42	PYPL
SYF	- 0.33	V
SOFI	- 0.22	V
SYF	- 0.05	MA

Risk-Adjusted Indicators

There is a big difference between EZCORP Stock performing well and EZCORP 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 EZCORP'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
V	0.79	0.17	0.16	0.14	1.12	(0.76)	1.65	(2.42)	5.06
PYPL	1.77	(0.25)	0.00	(0.31)	0.00	0.00	3.05	(3.45)	16.97
COF	1.65	0.02	0.00	(0.08)	0.00	0.00	3.23	(3.85)	9.74
UPST	4.13	(0.31)	0.00	(0.26)	0.00	0.00	6.45	(8.31)	43.54
MA	0.86	0.08	0.08	0.00	1.19	(0.87)	2.03	(2.08)	6.59
ALLY	1.47	0.00	0.00	(0.10)	0.00	0.00	3.30	(3.67)	10.23
SOFI	3.35	(0.06)	0.00	(0.12)	0.00	0.00	6.15	(8.25)	19.68
SYF	1.65	(0.20)	0.00	(0.25)	0.00	0.00	2.93	(4.38)	7.84
DFS	1.88	0.00	0.00	(0.09)	0.00	0.00	3.70	(4.57)	11.21

EZCORP Corporate Management

Thomas Welch	Sr. VP, General Counsel and Secretary	Profile
John Powell	Chief Officer	Profile
Michael Croney	Chief Officer	Profile
Robert Hicks	Chief Officer	Profile
Nicole Swies	Chief Officer	Profile
Timothy Jugmans	Chief Officer	Profile
Ellen Bryant	Chief Secretary	Profile

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