Oportun Financial Correlations
OPRT Stock | USD 6.17 0.26 4.40% |
The current 90-days correlation between Oportun Financial Corp and Medallion Financial Corp is 0.05 (i.e., Significant diversification). The correlation of Oportun Financial 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.
Oportun Financial Correlation With Market
Weak diversification
The correlation between Oportun Financial Corp and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oportun Financial Corp and DJI in the same portfolio, assuming nothing else is changed.
Oportun |
Moving together with Oportun Stock
0.85 | V | Visa Class A | PairCorr |
0.71 | MA | Mastercard | PairCorr |
0.8 | BBDC | Barings BDC | PairCorr |
0.76 | COOP | Mr Cooper Group | PairCorr |
0.72 | AC | Associated Capital | PairCorr |
0.72 | BK | Bank of New York | PairCorr |
0.62 | DB | Deutsche Bank AG | PairCorr |
0.71 | GL | Globe Life | PairCorr |
Moving against Oportun Stock
0.77 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
0.6 | BX | Blackstone Group | PairCorr |
0.55 | CODI | Compass Diversified | PairCorr |
0.53 | SYF | Synchrony Financial | PairCorr |
0.53 | DHIL | Diamond Hill Investment | PairCorr |
0.51 | AX | Axos Financial | PairCorr |
0.39 | SOFI | SoFi Technologies Aggressive Push | PairCorr |
0.77 | WD | Walker Dunlop | PairCorr |
0.7 | LC | LendingClub Corp | PairCorr |
0.62 | KB | KB Financial Group | PairCorr |
0.6 | EG | Everest Group | PairCorr |
0.54 | CM | Canadian Imperial Bank | PairCorr |
0.42 | IX | Orix Corp Ads | PairCorr |
0.41 | CG | Carlyle Group Normal Trading | PairCorr |
0.38 | RY | Royal Bank | PairCorr |
0.36 | PX | P10 Inc | PairCorr |
0.34 | SF | Stifel Financial | PairCorr |
0.32 | MC | Moelis Normal Trading | PairCorr |
0.31 | RF | Regions Financial | PairCorr |
Related Correlations Analysis
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Oportun Stock performing well and Oportun Financial 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 Oportun Financial'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SLM | 1.39 | 0.22 | 0.13 | 0.14 | 1.45 | 3.36 | 8.92 | |||
IX | 0.95 | 0.04 | 0.00 | (0.02) | 0.00 | 1.82 | 7.70 | |||
FCFS | 0.95 | 0.19 | 0.16 | 0.26 | 1.16 | 2.41 | 6.71 | |||
MFIN | 1.64 | (0.12) | 0.00 | (0.19) | 0.00 | 2.74 | 11.14 | |||
EZPW | 1.31 | 0.28 | 0.23 | 0.44 | 1.12 | 3.45 | 10.95 | |||
NAVI | 1.52 | (0.07) | 0.00 | (0.13) | 0.00 | 2.47 | 9.49 | |||
ENVA | 1.67 | 0.08 | 0.00 | (0.02) | 0.00 | 3.54 | 8.86 | |||
MGI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Oportun Financial Corporate Management
Casey CPA | Global Finance | Profile | |
Stacy Newton | Chief Officer | Profile | |
Seher Banwari | VP Risk | Profile | |
Irfan Ganchi | Chief Officer | Profile | |
Ezra Garrett | Senior Impact | Profile | |
Sarah Livnat | VP Impact | Profile |