Golub Capital Correlations
| GBDC Stock | USD 15.12 0.03 0.20% |
The current 90-days correlation between Golub Capital BDC and New Mountain Finance is 0.61 (i.e., Poor diversification). The correlation of Golub Capital 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.
Golub Capital Correlation With Market
Very weak diversification
The correlation between Golub Capital BDC and DJI is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Golub Capital BDC and DJI in the same portfolio, assuming nothing else is changed.
Golub |
Moving together with Golub Stock
| 0.77 | V | Visa Class A | PairCorr |
| 0.8 | MA | Mastercard Sell-off Trend | PairCorr |
| 0.69 | MS | Morgan Stanley | PairCorr |
| 0.75 | COF | Capital One Financial | PairCorr |
| 0.67 | OPFI | OppFi Inc | PairCorr |
| 0.71 | ALLY | Ally Financial Normal Trading | PairCorr |
| 0.79 | COOP | Mr Cooper Group | PairCorr |
| 0.82 | C | Citigroup Aggressive Push | PairCorr |
| 0.71 | AC | Associated Capital | PairCorr |
| 0.84 | BK | Bank of New York | PairCorr |
| 0.62 | GL | Globe Life | PairCorr |
| 0.8 | GS | Goldman Sachs Group | PairCorr |
Moving against Golub Stock
| 0.69 | VEL | Velocity Financial Llc | PairCorr |
| 0.36 | WD | Walker Dunlop | PairCorr |
| 0.36 | DHIL | Diamond Hill Investment | PairCorr |
| 0.69 | VALU | Value Line | PairCorr |
| 0.49 | EG | Everest Group | PairCorr |
Related Correlations Analysis
| 0.69 | 0.6 | 0.68 | 0.56 | 0.09 | 0.38 | TCPC | ||
| 0.69 | 0.49 | 0.28 | 0.32 | -0.1 | 0.07 | CGBD | ||
| 0.6 | 0.49 | 0.71 | 0.88 | 0.65 | 0.68 | TPVG | ||
| 0.68 | 0.28 | 0.71 | 0.84 | 0.67 | 0.81 | NMFC | ||
| 0.56 | 0.32 | 0.88 | 0.84 | 0.8 | 0.81 | FDUS | ||
| 0.09 | -0.1 | 0.65 | 0.67 | 0.8 | 0.76 | TSLX | ||
| 0.38 | 0.07 | 0.68 | 0.81 | 0.81 | 0.76 | WHF | ||
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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 Golub Stock performing well and Golub Capital 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 Golub Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TCPC | 1.22 | (0.16) | 0.00 | (0.36) | 0.00 | 2.28 | 13.22 | |||
| CGBD | 0.91 | 0.00 | 0.00 | (0.07) | 0.00 | 1.86 | 5.90 | |||
| TPVG | 1.44 | (0.02) | 0.00 | (0.09) | 0.00 | 3.25 | 11.80 | |||
| NMFC | 0.72 | 0.00 | 0.00 | (0.06) | 0.00 | 1.30 | 3.51 | |||
| FDUS | 0.80 | 0.06 | 0.08 | 0.03 | 1.00 | 1.62 | 4.07 | |||
| TSLX | 0.72 | 0.17 | 0.22 | 0.37 | 0.71 | 1.73 | 4.64 | |||
| WHF | 1.10 | (0.01) | 0.00 | (0.10) | 0.00 | 1.92 | 7.44 |
Golub Capital Corporate Management
| Gregory Cashman | Managing Capital | Profile | |
| Matthew Benton | Chief Officer | Profile | |
| Stefano Robertson | Managing Director | Profile | |
| Craig Petrusha | Principal | Profile |