SLR Investment Correlations

SLRC Stock

USD 16.89 0.11 0.65%

The current 90-days correlation between SLR Investment Corp and Horizon Technology Finance is 0.42 (i.e., Very weak diversification). The correlation of SLR Investment 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.

SLR Investment Correlation With Market

Very weak diversification

The correlation between SLR Investment Corp and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SLR Investment Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SLR Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with SLR Stock

0.86	V	Visa Class A	Pair Corr
0.66	MA	Mastercard	Pair Corr
0.7	PT	Pintec Technology	Pair Corr
0.61	GDST	Goldenstone Acquisition	Pair Corr
0.81	BBDC	Barings BDC	Pair Corr
0.82	COOP	Mr Cooper Group	Pair Corr
0.82	BK	Bank of New York	Pair Corr

Moving against SLR Stock

0.78	WD	Walker Dunlop	Pair Corr
0.75	ORGN	Origin Materials	Pair Corr
0.57	SYF	Synchrony Financial	Pair Corr
0.42	ECPG	Encore Capital Group	Pair Corr
0.79	BITF	Bitfarms	Pair Corr
0.77	PYPL	PayPal Holdings	Pair Corr
0.72	CODI	Compass Diversified	Pair Corr
0.6	AX	Axos Financial	Pair Corr
0.58	DHIL	Diamond Hill Investment	Pair Corr
0.44	SOFI	SoFi Technologies	Pair Corr
0.78	LC	LendingClub Corp	Pair Corr
0.65	CM	Canadian Imperial Bank	Pair Corr
0.62	BX	Blackstone Group	Pair Corr
0.54	KB	KB Financial Group	Pair Corr
0.41	CG	Carlyle Group	Pair Corr
0.4	EG	Everest Group	Pair Corr

Related Correlations Analysis

	HRZN	WHF	GLAD	PFLT	FDUS	CGBD	TSLX	HTGC	TCPC	TRIN
HRZN		0.72	0.37	0.84	0.83	0.05	0.88	0.62	0.3	0.82	HRZN
WHF	0.72		0.29	0.63	0.81	0.07	0.76	0.6	0.38	0.67	WHF
GLAD	0.37	0.29		0.38	0.59	0.88	0.23	0.84	0.71	0.05	GLAD
PFLT	0.84	0.63	0.38		0.75	-0.01	0.89	0.47	0.13	0.84	PFLT
FDUS	0.83	0.81	0.59	0.75		0.32	0.8	0.8	0.56	0.71	FDUS
CGBD	0.05	0.07	0.88	-0.01	0.32		-0.1	0.71	0.69	-0.25	CGBD
TSLX	0.88	0.76	0.23	0.89	0.8	-0.1		0.46	0.09	0.93	TSLX
HTGC	0.62	0.6	0.84	0.47	0.8	0.71	0.46		0.8	0.29	HTGC
TCPC	0.3	0.38	0.71	0.13	0.56	0.69	0.09	0.8		-0.07	TCPC
TRIN	0.82	0.67	0.05	0.84	0.71	-0.25	0.93	0.29	-0.07		TRIN
	HRZN	WHF	GLAD	PFLT	FDUS	CGBD	TSLX	HTGC	TCPC	TRIN

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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

TRIN	+ 0.93	TSLX
TSLX	+ 0.89	PFLT
TSLX	+ 0.88	HRZN
CGBD	+ 0.88	GLAD
PFLT	+ 0.84	HRZN
HTGC	+ 0.84	GLAD

High negative correlations

TRIN	- 0.25	CGBD
TSLX	- 0.1	CGBD
TRIN	- 0.07	TCPC
CGBD	- 0.01	PFLT

Risk-Adjusted Indicators

There is a big difference between SLR Stock performing well and SLR 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 SLR 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
HRZN	1.08	0.08	0.05	0.50	2.34	(1.07)	1.99	(1.27)	12.67
WHF	1.10	(0.01)	0.00	(0.10)	0.00	0.00	1.92	(2.50)	7.44
GLAD	1.06	0.04	0.05	0.00	1.40	(0.98)	2.28	(1.90)	5.90
PFLT	0.66	0.10	0.15	0.15	0.81	(0.70)	1.45	(1.28)	4.56
FDUS	0.80	0.06	0.08	0.03	1.00	(0.80)	1.62	(1.67)	4.07
CGBD	0.91	0.00	0.00	(0.07)	0.00	0.00	1.86	(1.87)	5.90
TSLX	0.72	0.17	0.22	0.37	0.71	(0.84)	1.73	(1.39)	4.64
HTGC	1.08	0.06	0.05	0.02	1.58	(1.02)	2.01	(2.87)	6.52
TCPC	1.22	(0.16)	0.00	(0.36)	0.00	0.00	2.28	(3.27)	13.22
TRIN	0.94	0.24	0.25	0.35	0.85	(1.04)	2.10	(1.70)	7.32

SLR Investment Corporate Executives

Elected by the shareholders, the SLR Investment's board of directors comprises two types of representatives: SLR Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SLR. The board's role is to monitor SLR Investment's management team and ensure that shareholders' interests are well served. SLR 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, SLR Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.

	Shiraz CPA	Treasurer CFO	Profile
	Richard Peteka	CFO, Treasurer and Secretary	Profile

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