SuRo Capital Correlations

SSSS Stock

USD 6.34 0.15 2.42%

The current 90-days correlation between SuRo Capital Corp and Putnam Managed Municipal is -0.2 (i.e., Good diversification). The correlation of SuRo 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. If the correlation is 0, the equities are not correlated; they are entirely random.

SuRo Capital Correlation With Market

Average diversification

The correlation between SuRo Capital Corp and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SuRo Capital 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 SuRo Capital 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 state.

Moving together with SuRo Stock

0.8	V	Visa Class A	Pair Corr
0.88	MA	Mastercard	Pair Corr
0.81	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.84	ENVA	Enova International	Pair Corr
0.81	FDUS	Fidus Investment Corp	Pair Corr
0.82	AGM	Federal Agricultural	Pair Corr
0.81	AMP	Ameriprise Financial Fiscal Year End 22nd of January 2025	Pair Corr
0.85	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.83	COF	Capital One Financial Sell-off Trend	Pair Corr
0.83	DFS	Discover Financial Fiscal Year End 15th of January 2025	Pair Corr
0.92	FRHC	Freedom Holding Corp	Pair Corr
0.7	NMR	Nomura Holdings ADR	Pair Corr
0.81	SLM	SLM Corp Sell-off Trend	Pair Corr
0.89	SYF	Synchrony Financial Fiscal Year End 28th of January 2025	Pair Corr
0.66	IPXXU	Inflection Point Acq	Pair Corr
0.9	IREN	Iris Energy	Pair Corr
0.62	LRFC	Logan Ridge Finance	Pair Corr
0.87	MFIN	Medallion Financial Corp Normal Trading	Pair Corr
0.77	OPRT	Oportun Financial Corp	Pair Corr
0.84	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.61	RAND	Rand Capital Corp Normal Trading	Pair Corr
0.82	RWAY	Runway Growth Finance Normal Trading	Pair Corr
0.79	ALLY	Ally Financial Fiscal Year End 17th of January 2025	Pair Corr
0.61	ALTI	Alvarium Tiedemann	Pair Corr
0.86	APAM	Artisan Partners Asset Fiscal Year End 4th of February 2025	Pair Corr

Moving against SuRo Stock

0.68	WU	Western Union	Pair Corr
0.63	FCFS	FirstCash	Pair Corr
0.51	PT	Pintec Technology	Pair Corr
0.78	ORGN	Origin Materials	Pair Corr
0.61	GROW	US Global Investors	Pair Corr
0.57	MCVT	Mill City Ventures	Pair Corr
0.48	PFLT	PennantPark Floating Rate	Pair Corr

Related Correlations Analysis

	BSIG	MUC	PMM	ICMB	PX	TCPC	TPVG	TSLX	GBDC	NMFC
BSIG		-0.51	-0.51	0.4	0.89	0.81	0.84	0.49	0.73	-0.19	BSIG
MUC	-0.51		0.92	0.24	-0.26	-0.13	-0.18	0.27	-0.35	0.75	MUC
PMM	-0.51	0.92		0.18	-0.33	-0.19	-0.25	0.23	-0.4	0.63	PMM
ICMB	0.4	0.24	0.18		0.6	0.56	0.45	0.68	0.46	0.42	ICMB
PX	0.89	-0.26	-0.33	0.6		0.87	0.87	0.7	0.73	0.1	PX
TCPC	0.81	-0.13	-0.19	0.56	0.87		0.94	0.76	0.68	0.29	TCPC
TPVG	0.84	-0.18	-0.25	0.45	0.87	0.94		0.62	0.6	0.25	TPVG
TSLX	0.49	0.27	0.23	0.68	0.7	0.76	0.62		0.59	0.51	TSLX
GBDC	0.73	-0.35	-0.4	0.46	0.73	0.68	0.6	0.59		-0.1	GBDC
NMFC	-0.19	0.75	0.63	0.42	0.1	0.29	0.25	0.51	-0.1		NMFC
	BSIG	MUC	PMM	ICMB	PX	TCPC	TPVG	TSLX	GBDC	NMFC

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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

TPVG	+ 0.94	TCPC
PMM	+ 0.92	MUC
PX	+ 0.89	BSIG
TCPC	+ 0.87	PX
TPVG	+ 0.87	PX
TPVG	+ 0.84	BSIG

High negative correlations

PMM	- 0.51	BSIG
MUC	- 0.51	BSIG
GBDC	- 0.4	PMM
GBDC	- 0.35	MUC
PX	- 0.33	PMM
PX	- 0.26	MUC

Risk-Adjusted Indicators

There is a big difference between SuRo Stock performing well and SuRo 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 SuRo 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
BSIG	1.36	0.20	0.18	0.19	1.11	(1.51)	3.12	(2.14)	9.55
MUC	0.39	(0.03)	0.00	(0.49)	0.00	0.00	0.80	(0.99)	2.49
PMM	0.50	(0.05)	0.00	(1.04)	0.00	0.00	0.97	(1.13)	3.50
ICMB	1.11	0.11	0.02	0.79	1.12	(1.44)	3.93	(1.88)	8.23
PX	1.32	0.31	0.22	0.37	1.05	(1.58)	3.51	(2.32)	10.20
TCPC	1.15	0.05	0.05	0.13	1.06	(1.43)	2.08	(1.96)	11.22
TPVG	1.29	0.04	0.02	0.13	1.42	(1.42)	3.33	(2.27)	12.51
TSLX	0.59	0.01	(0.07)	0.11	0.64	(0.70)	1.20	(1.04)	3.64
GBDC	0.59	0.01	(0.04)	0.10	0.70	(0.65)	1.45	(1.24)	4.60
NMFC	0.66	(0.06)	0.00	(0.05)	0.00	0.00	1.93	(1.11)	4.41

SuRo Capital Corporate Management

Sandra Linn	Investor Relation	Profile
Evan Schlossman	Investor	Profile
Allison CPA	Treasurer, CFO	Profile
William Lee	Investor	Profile
Jazelyn Jose	Finance Associate	Profile

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