Chicago Atlantic Correlations

LIEN Stock

12.23 0.42 3.32%

The current 90-days correlation between Chicago Atlantic BDC, and Prospect Capital is 0.09 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chicago Atlantic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chicago Atlantic BDC, moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Chicago Atlantic Correlation With Market

Good diversification

The correlation between Chicago Atlantic BDC, and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chicago Atlantic BDC, and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Chicago Atlantic BDC,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with Chicago Stock

0.62	OCCIN	OFS Credit	Pair Corr
0.66	OCCIO	OFS Credit	Pair Corr
0.61	ATCO-PD	Atlas Corp	Pair Corr
0.62	ATCO-PH	Atlas Corp	Pair Corr
0.62	APO-PA	Apollo Global Management	Pair Corr
0.72	AB	AllianceBernstein Normal Trading	Pair Corr
0.77	AC	Associated Capital	Pair Corr
0.74	BK	Bank of New York Fiscal Year End 10th of January 2025	Pair Corr
0.83	CG	Carlyle Group	Pair Corr

Moving against Chicago Stock

0.54	OAK-PB	Oaktree Capital Group	Pair Corr
0.53	GGN-PB	GAMCO Global Gold	Pair Corr
0.47	OAK-PA	Oaktree Capital Group	Pair Corr
0.39	BCGWW	Binah Capital Group,	Pair Corr
0.49	GGT-PE	The Gabelli Multimedia	Pair Corr
0.39	SVVC	Firsthand Technology	Pair Corr
0.75	IX	Orix Corp Ads	Pair Corr
0.41	EG	Everest Group	Pair Corr
0.4	LU	Lufax Holding	Pair Corr
0.36	HG	Hamilton Insurance Group,	Pair Corr

Related Correlations Analysis

	PSEC-PA	STT-PG	OCCIM	OCCIN	OCCIO	GECCO	ATCO-PD	ATCO-PH	INV	PFG
PSEC-PA		0.66	-0.31	-0.26	-0.3	-0.31	-0.22	-0.3	0.05	0.61	PSEC-PA
STT-PG	0.66		-0.51	-0.43	-0.31	-0.61	-0.32	-0.32	-0.32	0.76	STT-PG
OCCIM	-0.31	-0.51		0.29	0.06	0.25	0.3	0.28	0.0	-0.47	OCCIM
OCCIN	-0.26	-0.43	0.29		0.74	0.48	0.68	0.75	0.08	-0.38	OCCIN
OCCIO	-0.3	-0.31	0.06	0.74		0.56	0.57	0.63	0.07	-0.29	OCCIO
GECCO	-0.31	-0.61	0.25	0.48	0.56		0.58	0.41	0.55	-0.58	GECCO
ATCO-PD	-0.22	-0.32	0.3	0.68	0.57	0.58		0.77	0.22	-0.33	ATCO-PD
ATCO-PH	-0.3	-0.32	0.28	0.75	0.63	0.41	0.77		-0.05	-0.36	ATCO-PH
INV	0.05	-0.32	0.0	0.08	0.07	0.55	0.22	-0.05		-0.34	INV
PFG	0.61	0.76	-0.47	-0.38	-0.29	-0.58	-0.33	-0.36	-0.34		PFG
	PSEC-PA	STT-PG	OCCIM	OCCIN	OCCIO	GECCO	ATCO-PD	ATCO-PH	INV	PFG

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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

ATCO-PH	+ 0.77	ATCO-PD
PFG	+ 0.76	STT-PG
ATCO-PH	+ 0.75	OCCIN
OCCIO	+ 0.74	OCCIN
ATCO-PD	+ 0.68	OCCIN
STT-PG	+ 0.66	PSEC-PA

High negative correlations

GECCO	- 0.61	STT-PG
PFG	- 0.58	GECCO
OCCIM	- 0.51	STT-PG
PFG	- 0.47	OCCIM
OCCIN	- 0.43	STT-PG
PFG	- 0.38	OCCIN

Risk-Adjusted Indicators

There is a big difference between Chicago Stock performing well and Chicago Atlantic 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 Chicago Atlantic'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
PSEC-PA	1.39	(0.17)	0.00	(0.51)	0.00	0.00	3.17	(3.44)	10.33
STT-PG	0.37	(0.07)	0.00	(0.79)	0.00	0.00	0.66	(0.69)	2.92
OCCIM	0.21	0.04	0.07	(0.96)	0.00	(0.26)	0.52	(0.32)	1.05
OCCIN	0.24	0.02	(0.01)	(0.49)	0.25	(0.31)	0.60	(0.63)	1.64
OCCIO	0.39	0.04	0.03	0.48	0.35	(0.45)	0.99	(0.69)	2.53
GECCO	0.28	0.04	0.04	(0.97)	0.21	(0.49)	1.28	(0.65)	2.51
ATCO-PD	0.36	0.00	(0.04)	(0.11)	0.44	(0.39)	0.85	(0.75)	2.04
ATCO-PH	0.33	0.00	(0.04)	(0.01)	0.45	(0.33)	0.72	(0.83)	2.27
INV	4.75	0.52	0.09	1.49	5.00	(5.26)	12.77	(9.17)	34.95
PFG	0.99	(0.17)	0.00	(0.10)	0.00	0.00	2.07	(2.22)	9.84

Chicago Atlantic Corporate Management

Umesh Mahajan	Chief Officer	Profile
Andreas Bodmeier	Chief Officer	Profile
William Healy	Partner Formation	Profile
Roxanne Jenkins	Chief Secretary	Profile

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