180 Degree Correlations
| TURN Stock | USD 3.92 0.05 1.29% |
The current 90-days correlation between 180 Degree Capital and Princeton Capital is 0.14 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 180 Degree moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 180 Degree Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
180 Degree Correlation With Market
Good diversification
The correlation between 180 Degree Capital 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 180 Degree Capital and DJI in the same portfolio, assuming nothing else is changed.
180 |
Moving together with 180 Stock
| 0.76 | AC | Associated Capital | PairCorr |
| 0.76 | BK | Bank of New York | PairCorr |
| 0.69 | MFIC | MidCap Financial Inv | PairCorr |
| 0.76 | GCMGW | GCM Grosvenor | PairCorr |
| 0.62 | VINP | Vinci Partners Inves | PairCorr |
| 0.8 | NMFC | New Mountain Finance | PairCorr |
| 0.7 | NTRS | Northern Trust | PairCorr |
| 0.63 | OCCIN | OFS Credit | PairCorr |
| 0.72 | FDUS | Fidus Investment Corp | PairCorr |
| 0.64 | ATCO-PD | Atlas Corp | PairCorr |
| 0.69 | ATCO-PH | Atlas Corp | PairCorr |
| 0.86 | BUR | Burford Capital | PairCorr |
Moving against 180 Stock
| 0.66 | MGLD | Marygold Companies | PairCorr |
| 0.38 | DHIL | Diamond Hill Investment | PairCorr |
| 0.36 | VRTS | Virtus Investment | PairCorr |
| 0.34 | PSEC-PA | Prospect Capital | PairCorr |
| 0.43 | BCG | Binah Capital Group, | PairCorr |
| 0.42 | FHI | Federated Investors | PairCorr |
| 0.41 | HPH | Highest Performances | 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 180 Stock performing well and 180 Degree 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 180 Degree'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PIAC | 2.01 | 0.18 | 0.00 | 0.02 | 0.00 | 0.00 | 57.79 | |||
| URNAF | 1.08 | 0.13 | 0.06 | (0.39) | 1.38 | 3.13 | 20.56 | |||
| BLRZF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AHFCF | 0.43 | (0.19) | 0.00 | (0.45) | 0.00 | 0.00 | 13.33 | |||
| PYCFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CXE | 0.59 | (0.02) | 0.00 | (0.30) | 0.00 | 0.82 | 4.08 | |||
| CBH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CXH | 0.38 | 0.00 | 0.00 | (0.11) | 0.00 | 0.76 | 2.37 | |||
| EOT | 0.47 | (0.03) | 0.00 | (0.20) | 0.00 | 1.01 | 2.87 |
180 Degree Corporate Management
| Robert III | VP Development | Profile | |
| Matthew CFA | Senior Analyst | Profile | |
| CFA CFA | Analyst | Profile | |
| Peter Boni | Senior Advisor | Profile |