Bain Capital Correlations

BCSF Stock

USD 16.81 0.07 0.42%

The current 90-days correlation between Bain Capital Specialty and BlackRock TCP Capital is 0.5 (i.e., Very weak diversification). The correlation of Bain 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.

Bain Capital Correlation With Market

Very weak diversification

The correlation between Bain Capital Specialty and DJI is 0.51 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bain Capital Specialty and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bain Capital Specialty. 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 Bain Stock

0.67	AC	Associated Capital	Pair Corr
0.71	BN	Brookfield Corp	Pair Corr
0.66	BX	Blackstone Group Normal Trading	Pair Corr
0.69	CG	Carlyle Group	Pair Corr
0.75	MA	Mastercard	Pair Corr
0.61	MC	Moelis	Pair Corr
0.66	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.71	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.63	TW	Tradeweb Markets	Pair Corr
0.66	VCTR	Victory Capital Holdings Normal Trading	Pair Corr
0.65	DYCQ	DT Cloud Acquisition	Pair Corr

Moving against Bain Stock

0.47	PT	Pintec Technology	Pair Corr
0.51	XP	Xp Inc	Pair Corr
0.39	WU	Western Union	Pair Corr
0.32	DMYY	dMY Squared Technology	Pair Corr
0.63	BRACU	Broad Capital Acquisition	Pair Corr
0.58	BRKHU	BurTech Acquisition Corp	Pair Corr
0.52	BRKHW	BurTech Acquisition Corp	Pair Corr
0.44	PFTAU	Portage Fintech Acqu	Pair Corr

Related Correlations Analysis

	TCPC	TPVG	TSLX	GBDC	NMFC	FDUS	CGBD	AEF	KTF	AMK
TCPC		0.83	0.28	-0.07	0.28	0.65	-0.61	-0.73	-0.19	-0.31	TCPC
TPVG	0.83		0.01	0.13	0.09	0.85	-0.56	-0.55	0.06	-0.38	TPVG
TSLX	0.28	0.01		-0.1	0.61	0.02	0.23	-0.27	-0.01	-0.14	TSLX
GBDC	-0.07	0.13	-0.1		-0.54	0.5	0.49	0.28	0.58	-0.05	GBDC
NMFC	0.28	0.09	0.61	-0.54		-0.1	-0.05	-0.12	-0.23	-0.01	NMFC
FDUS	0.65	0.85	0.02	0.5	-0.1		-0.21	-0.36	0.3	-0.47	FDUS
CGBD	-0.61	-0.56	0.23	0.49	-0.05	-0.21		0.68	0.52	0.03	CGBD
AEF	-0.73	-0.55	-0.27	0.28	-0.12	-0.36	0.68		0.38	0.19	AEF
KTF	-0.19	0.06	-0.01	0.58	-0.23	0.3	0.52	0.38		-0.08	KTF
AMK	-0.31	-0.38	-0.14	-0.05	-0.01	-0.47	0.03	0.19	-0.08		AMK
	TCPC	TPVG	TSLX	GBDC	NMFC	FDUS	CGBD	AEF	KTF	AMK

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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

FDUS	+ 0.85	TPVG
TPVG	+ 0.83	TCPC
AEF	+ 0.68	CGBD
FDUS	+ 0.65	TCPC
NMFC	+ 0.61	TSLX
KTF	+ 0.58	GBDC

High negative correlations

AEF	- 0.73	TCPC
CGBD	- 0.61	TCPC
CGBD	- 0.56	TPVG
AEF	- 0.55	TPVG
NMFC	- 0.54	GBDC
AMK	- 0.47	FDUS

Risk-Adjusted Indicators

There is a big difference between Bain Stock performing well and Bain 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 Bain 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
TCPC	1.15	(0.09)	(0.05)	0.04	1.36	(1.25)	2.62	(2.05)	11.22
TPVG	1.16	0.11	0.06	0.25	1.20	(1.33)	3.33	(2.20)	11.85
TSLX	0.60	(0.01)	(0.13)	0.08	0.69	(0.66)	1.08	(1.04)	3.65
GBDC	0.60	0.00	(0.07)	0.12	0.65	(0.69)	1.42	(1.26)	4.60
NMFC	0.64	(0.07)	0.00	(0.07)	0.00	0.00	1.93	(1.11)	4.41
FDUS	0.54	0.07	(0.01)	0.33	0.45	(0.60)	1.20	(0.92)	3.15
CGBD	0.84	0.03	(0.06)	0.27	1.04	(0.85)	1.50	(1.71)	4.68
AEF	0.95	(0.04)	(0.09)	0.03	1.13	(1.14)	2.52	(2.08)	6.33
KTF	0.43	0.04	(0.13)	(0.91)	0.49	(0.52)	1.12	(0.61)	3.40
AMK	0.20	0.04	(0.29)	0.88	0.00	(0.24)	0.52	(0.41)	1.49

Bain Capital Corporate Executives

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

Sally Dornaus

Chief Financial Officer

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