Gladstone Investment Correlations
| GAINL Stock | USD 25.75 0.07 0.27% |
The current 90-days correlation between Gladstone Investment and FARO Technologies is 0.03 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gladstone Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gladstone Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Gladstone Investment Correlation With Market
Significant diversification
The correlation between Gladstone Investment and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gladstone Investment and DJI in the same portfolio, assuming nothing else is changed.
Gladstone |
Moving together with Gladstone Stock
| 0.61 | DB | Deutsche Bank AG | PairCorr |
| 0.67 | LX | Lexinfintech Holdings Earnings Call This Week | PairCorr |
| 0.62 | DYCQ | DT Cloud Acquisition | PairCorr |
| 0.64 | VMCA | Valuence Merger Corp | PairCorr |
| 0.74 | EMCGU | Embrace Change Acqui | PairCorr |
Moving against Gladstone Stock
| 0.64 | DHIL | Diamond Hill Investment | PairCorr |
| 0.58 | LC | LendingClub Corp | PairCorr |
| 0.54 | WD | Walker Dunlop | PairCorr |
| 0.47 | RC | Ready Capital Corp | PairCorr |
| 0.38 | BX | Blackstone Group | PairCorr |
| 0.32 | TW | Tradeweb Markets | PairCorr |
| 0.73 | WT | WisdomTree | PairCorr |
| 0.7 | VRTS | Virtus Investment | PairCorr |
| 0.31 | LGHLW | Lion Financial Group | PairCorr |
Related Correlations Analysis
| 0.85 | 0.49 | 0.36 | -0.1 | 0.84 | 0.62 | ARW | ||
| 0.85 | 0.41 | 0.51 | -0.41 | 0.87 | 0.58 | ANY | ||
| 0.49 | 0.41 | -0.1 | 0.15 | 0.53 | 0.36 | WDC | ||
| 0.36 | 0.51 | -0.1 | -0.59 | 0.51 | 0.1 | WEN | ||
| -0.1 | -0.41 | 0.15 | -0.59 | -0.28 | -0.31 | FARO | ||
| 0.84 | 0.87 | 0.53 | 0.51 | -0.28 | 0.48 | RHP | ||
| 0.62 | 0.58 | 0.36 | 0.1 | -0.31 | 0.48 | RICK | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Gladstone Stock performing well and Gladstone Investment 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 Gladstone Investment'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARW | 1.14 | (0.13) | 0.00 | (0.28) | 0.00 | 2.24 | 6.90 | |||
| ANY | 3.58 | (1.51) | 0.00 | (1.73) | 0.00 | 6.86 | 18.19 | |||
| WDC | 2.13 | (0.12) | 0.00 | (0.20) | 0.00 | 4.74 | 13.32 | |||
| WEN | 1.18 | (0.14) | 0.00 | (0.59) | 0.00 | 3.46 | 7.39 | |||
| FARO | 2.77 | 0.35 | 0.11 | 0.17 | 2.65 | 4.78 | 22.69 | |||
| RHP | 1.17 | (0.19) | 0.00 | (0.32) | 0.00 | 2.22 | 7.57 | |||
| RICK | 1.53 | (0.15) | 0.00 | (0.87) | 0.00 | 2.95 | 15.54 |
Gladstone Investment Corporate Executives
Elected by the shareholders, the Gladstone Investment's board of directors comprises two types of representatives: Gladstone Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gladstone. The board's role is to monitor Gladstone Investment's management team and ensure that shareholders' interests are well served. Gladstone Investment'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, Gladstone Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.