Carlyle Correlations

CG Stock

USD 52.79 1.56 3.05%

The current 90-days correlation between Carlyle Group and Brookfield Asset Management is 0.53 (i.e., Very weak diversification). The correlation of Carlyle 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.

Carlyle Correlation With Market

Poor diversification

The correlation between Carlyle Group and DJI is 0.7 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carlyle Group 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 Carlyle Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Carlyle Stock

0.93	AC	Associated Capital	Pair Corr
0.79	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.71	MC	Moelis	Pair Corr
0.91	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.94	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.89	TW	Tradeweb Markets Normal Trading	Pair Corr
0.66	VIRT	Virtu Financial Normal Trading	Pair Corr
0.83	WAVS	Western Acquisition	Pair Corr
0.95	AMP	Ameriprise Financial Fiscal Year End 22nd of January 2025	Pair Corr
0.91	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.87	EVR	Evercore Partners	Pair Corr
0.89	FRHC	Freedom Holding Corp	Pair Corr
0.77	IPXXU	Inflection Point Acq	Pair Corr
0.84	LRFC	Logan Ridge Finance	Pair Corr
0.71	PNNT	PennantPark Investment	Pair Corr
0.82	RMCO	Royalty Management	Pair Corr
0.9	APAM	Artisan Partners Asset Fiscal Year End 4th of February 2025	Pair Corr
0.89	SEIC	SEI Investments	Pair Corr
0.93	STEP	Stepstone Group	Pair Corr
0.76	SVII	Spring Valley Acquisition	Pair Corr
0.81	C	Citigroup Aggressive Push	Pair Corr
0.66	V	Visa Class A	Pair Corr
0.92	AB	AllianceBernstein	Pair Corr
0.96	BK	Bank of New York Fiscal Year End 10th of January 2025	Pair Corr
0.93	BN	Brookfield Corp	Pair Corr
0.9	BX	Blackstone Group Normal Trading	Pair Corr

Moving against Carlyle Stock

0.79	GROW	US Global Investors	Pair Corr
0.67	XP	Xp Inc Downward Rally	Pair Corr
0.66	PT	Pintec Technology	Pair Corr
0.71	RAND	Rand Capital Corp	Pair Corr
0.89	IX	Orix Corp Ads	Pair Corr
0.61	HG	Hamilton Insurance Group,	Pair Corr
0.41	EG	Everest Group	Pair Corr

Related Correlations Analysis

	APO	BX	BAM	ARES	KKR	OWL	HLNE	BLK	TCPC	TPVG
APO		0.93	0.95	0.93	0.98	0.94	0.99	0.97	-0.11	0.23	APO
BX	0.93		0.97	0.91	0.96	0.89	0.93	0.93	-0.07	0.28	BX
BAM	0.95	0.97		0.93	0.96	0.91	0.96	0.95	-0.22	0.14	BAM
ARES	0.93	0.91	0.93		0.94	0.97	0.95	0.94	-0.32	-0.01	ARES
KKR	0.98	0.96	0.96	0.94		0.92	0.98	0.96	-0.08	0.28	KKR
OWL	0.94	0.89	0.91	0.97	0.92		0.94	0.94	-0.26	0.0	OWL
HLNE	0.99	0.93	0.96	0.95	0.98	0.94		0.98	-0.2	0.16	HLNE
BLK	0.97	0.93	0.95	0.94	0.96	0.94	0.98		-0.21	0.15	BLK
TCPC	-0.11	-0.07	-0.22	-0.32	-0.08	-0.26	-0.2	-0.21		0.82	TCPC
TPVG	0.23	0.28	0.14	-0.01	0.28	0.0	0.16	0.15	0.82		TPVG
	APO	BX	BAM	ARES	KKR	OWL	HLNE	BLK	TCPC	TPVG

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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

HLNE	+ 0.99	APO
KKR	+ 0.98	APO
HLNE	+ 0.98	KKR
BLK	+ 0.98	HLNE
BLK	+ 0.97	APO
BAM	+ 0.97	BX

High negative correlations

TCPC	- 0.32	ARES
TCPC	- 0.26	OWL
TCPC	- 0.22	BAM
TCPC	- 0.21	BLK
TCPC	- 0.2	HLNE
TCPC	- 0.11	APO

Risk-Adjusted Indicators

There is a big difference between Carlyle Stock performing well and Carlyle 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 Carlyle'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
APO	1.52	0.45	0.40	0.32	0.89	(2.05)	3.46	(2.19)	12.00
BX	1.23	0.39	0.32	0.35	0.74	(1.43)	3.21	(1.88)	8.48
BAM	1.09	0.42	0.41	0.50	0.39	(1.32)	3.63	(1.52)	6.27
ARES	1.27	0.16	0.12	0.21	1.28	(1.46)	2.98	(2.55)	7.35
KKR	1.27	0.22	0.24	0.20	0.95	(1.59)	2.94	(1.76)	11.31
OWL	1.57	0.31	0.20	0.24	1.59	(1.76)	3.66	(2.80)	12.59
HLNE	1.30	0.33	0.27	0.28	1.06	(1.51)	2.85	(2.34)	10.18
BLK	0.83	0.20	0.18	0.34	0.65	(0.87)	2.03	(1.63)	5.71
TCPC	1.15	(0.05)	(0.02)	0.04	1.36	(1.25)	2.62	(2.05)	11.22
TPVG	1.17	0.08	0.04	0.18	1.26	(1.32)	3.33	(2.20)	11.85

Carlyle Corporate Management

Amit Jain	Managing Advisors	Profile
Deborah Polites	Chief Officer	Profile
Sanket Patel	Principal CFO	Profile
Bruce Larson	Senior Advisor	Profile
Christopher Finn	Senior Advisor	Profile
MBA CFA	Chief Solutions	Profile
Charles Andrews	Chief Officer	Profile

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