Carlyle Secured Correlations
| CGBD Stock | USD 16.67 0.06 0.36% |
The current 90-days correlation between Carlyle Secured Lending and Sixth Street Specialty is 0.34 (i.e., Weak diversification). The correlation of Carlyle Secured 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 Secured Correlation With Market
Average diversification
The correlation between Carlyle Secured Lending and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carlyle Secured Lending and DJI in the same portfolio, assuming nothing else is changed.
Carlyle |
Moving together with Carlyle Stock
| 0.64 | TW | Tradeweb Markets Normal Trading | PairCorr |
| 0.86 | PFLT | PennantPark Floating Rate Earnings Call This Week | PairCorr |
Moving against Carlyle Stock
| 0.7 | NMR | Nomura Holdings ADR | PairCorr |
| 0.39 | GROW | US Global Investors | PairCorr |
| 0.41 | RAND | Rand Capital Corp | PairCorr |
| 0.39 | ALTI | Alvarium Tiedemann | PairCorr |
| 0.37 | PPYAU | Papaya Growth Opportunity | PairCorr |
| 0.37 | AX | Axos Financial | PairCorr |
| 0.43 | IX | Orix Corp Ads | PairCorr |
| 0.41 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Carlyle Stock performing well and Carlyle Secured 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 Secured'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TSLX | 0.59 | (0.02) | (0.10) | 0.03 | 0.70 | 1.08 | 3.65 | |||
| GBDC | 0.61 | 0.04 | 0.00 | 0.17 | 0.64 | 1.48 | 3.41 | |||
| FDUS | 0.53 | 0.06 | 0.01 | 0.28 | 0.47 | 1.20 | 3.12 | |||
| NMFC | 0.62 | (0.09) | 0.00 | (0.18) | 0.00 | 1.52 | 4.41 | |||
| HTGC | 0.77 | 0.01 | (0.02) | 0.10 | 0.83 | 1.56 | 4.50 | |||
| TCPC | 1.15 | (0.05) | (0.02) | 0.04 | 1.36 | 2.62 | 11.22 | |||
| TRIN | 0.75 | 0.02 | (0.02) | 0.12 | 0.96 | 1.98 | 5.89 | |||
| TPVG | 1.17 | 0.08 | 0.04 | 0.18 | 1.26 | 3.33 | 11.85 |
Carlyle Secured Corporate Management
| Michael Hadley | VP Underwriting | Profile | |
| Inoki Suarez | Managing Strategies | Profile | |
| CFA CFA | VP MD | Profile | |
| Jason Zhao | TCG Associate | Profile | |
| Daniel CFA | Managing Credit | Profile | |
| Allison Rudary | Investor Head | Profile | |
| Desiree Annunziato | Principal Treasurer | Profile |