SLM Corp Correlations
SLM Stock | USD 29.26 0.90 3.17% |
The current 90-days correlation between SLM Corp and FirstCash is -0.11 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SLM Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SLM Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
SLM Corp Correlation With Market
Significant diversification
The correlation between SLM Corp and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SLM Corp and DJI in the same portfolio, assuming nothing else is changed.
SLM |
Moving together with SLM Stock
0.83 | V | Visa Class A | PairCorr |
0.66 | AC | Associated Capital | PairCorr |
0.73 | DX | Dynex Capital | PairCorr |
0.75 | LX | Lexinfintech Holdings Earnings Call Today | PairCorr |
0.71 | MA | Mastercard | PairCorr |
0.64 | PT | Pintec Technology | PairCorr |
0.69 | XP | Xp Inc | PairCorr |
0.8 | DOMH | Dominari Holdings | PairCorr |
0.85 | GCMGW | GCM Grosvenor | PairCorr |
0.63 | VMCA | Valuence Merger Corp | PairCorr |
0.75 | EMCGU | Embrace Change Acqui | PairCorr |
Moving against SLM Stock
0.72 | WD | Walker Dunlop | PairCorr |
0.63 | DHIL | Diamond Hill Investment | PairCorr |
0.61 | WT | WisdomTree | PairCorr |
0.52 | LC | LendingClub Corp Sell-off Trend | PairCorr |
0.45 | BX | Blackstone Group Normal Trading | PairCorr |
0.76 | VRTS | Virtus Investment | PairCorr |
0.6 | LGHLW | Lion Financial Group | PairCorr |
0.59 | WULF | Terawulf Earnings Call Today | 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 SLM Stock performing well and SLM Corp 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 SLM Corp'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
IX | 0.98 | 0.00 | 0.00 | (0.09) | 0.00 | 1.82 | 7.70 | |||
FCFS | 1.01 | 0.20 | 0.17 | 0.27 | 1.23 | 2.41 | 6.71 | |||
MFIN | 1.79 | 0.00 | 0.00 | (0.09) | 0.00 | 3.26 | 12.76 | |||
OPRT | 3.67 | 0.86 | 0.16 | 0.36 | 3.90 | 12.20 | 29.43 | |||
EZPW | 1.23 | 0.25 | 0.23 | 0.39 | 1.06 | 3.45 | 10.95 | |||
NAVI | 1.50 | (0.03) | 0.00 | (0.13) | 0.00 | 2.47 | 9.49 | |||
ENVA | 1.69 | 0.03 | 0.00 | (0.07) | 0.00 | 3.54 | 8.86 | |||
AGM | 1.10 | (0.04) | 0.00 | (0.15) | 0.00 | 2.62 | 10.51 | |||
SLMBP | 0.29 | 0.04 | 0.37 | 0.33 | 0.20 | 0.90 | 1.90 | |||
AGM-A | 1.46 | (0.05) | 0.00 | (0.19) | 0.00 | 3.13 | 16.56 |
SLM Corp Corporate Management
Munish Pahwa | Chief VP | Profile | |
Richard Nelson | Chief VP | Profile | |
Daniel Kennedy | Ex COO | Profile | |
Brian Cronin | VP Relations | Profile | |
William Wolf | Executive Officer | Profile | |
Tim Morrison | Sr Relations | Profile |