Capital Southwest Correlations

CSWCZ Stock

25.76 0.09 0.35%

The current 90-days correlation between Capital Southwest and Marine Products is -0.18 (i.e., Good diversification). The correlation of Capital Southwest 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.

Capital Southwest Correlation With Market

Good diversification

The correlation between Capital Southwest and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capital Southwest 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 Capital Southwest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Capital Stock please use our How to Invest in Capital Southwest guide.

Moving together with Capital Stock

0.63	V	Visa Class A	Pair Corr
0.67	DIST	Distoken Acquisition	Pair Corr
0.76	AB	AllianceBernstein	Pair Corr
0.73	AC	Associated Capital	Pair Corr
0.61	BN	Brookfield Corp	Pair Corr
0.72	BX	Blackstone Group Normal Trading	Pair Corr
0.73	CG	Carlyle Group	Pair Corr
0.61	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.7	LC	LendingClub Corp	Pair Corr
0.65	LX	Lexinfintech Holdings	Pair Corr
0.71	MA	Mastercard	Pair Corr
0.73	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.66	PX	P10 Inc	Pair Corr
0.72	QD	Qudian Inc	Pair Corr
0.72	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.63	TW	Tradeweb Markets	Pair Corr
0.7	VCTR	Victory Capital Holdings Normal Trading	Pair Corr
0.74	DYCQ	DT Cloud Acquisition	Pair Corr
0.65	VRTS	Virtus Investment	Pair Corr

Moving against Capital Stock

0.47	PT	Pintec Technology	Pair Corr
0.68	RM	Regional Management Corp	Pair Corr
0.67	WU	Western Union	Pair Corr
0.56	XP	Xp Inc	Pair Corr
0.42	DMYY	dMY Squared Technology	Pair Corr
0.35	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.78	BRKHU	BurTech Acquisition Corp	Pair Corr
0.5	BRACU	Broad Capital Acquisition	Pair Corr
0.41	PFTAU	Portage Fintech Acqu	Pair Corr
0.41	PFTAW	Portage Fintech Acqu	Pair Corr

Related Correlations Analysis

	MPX	HP	SONO	FIZZ	DKDRF	RIG	LTH	XPOF
MPX		0.62	0.71	0.73	0.46	0.19	0.33	0.33	MPX
HP	0.62		0.62	0.51	0.36	0.16	0.25	0.23	HP
SONO	0.71	0.62		0.81	0.69	-0.01	-0.03	0.38	SONO
FIZZ	0.73	0.51	0.81		0.71	0.11	-0.01	0.52	FIZZ
DKDRF	0.46	0.36	0.69	0.71		-0.11	-0.36	0.66	DKDRF
RIG	0.19	0.16	-0.01	0.11	-0.11		0.11	0.12	RIG
LTH	0.33	0.25	-0.03	-0.01	-0.36	0.11		0.04	LTH
XPOF	0.33	0.23	0.38	0.52	0.66	0.12	0.04		XPOF
	MPX	HP	SONO	FIZZ	DKDRF	RIG	LTH	XPOF

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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

FIZZ	+ 0.81	SONO
FIZZ	+ 0.73	MPX
SONO	+ 0.71	MPX
DKDRF	+ 0.71	FIZZ
DKDRF	+ 0.69	SONO
XPOF	+ 0.66	DKDRF

High negative correlations

LTH	- 0.36	DKDRF
RIG	- 0.11	DKDRF
LTH	- 0.03	SONO
LTH	- 0.01	FIZZ
RIG	- 0.01	SONO

Risk-Adjusted Indicators

There is a big difference between Capital Stock performing well and Capital Southwest 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 Capital Southwest'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
MPX	1.19	0.02	0.04	0.13	1.29	(1.42)	2.93	(2.16)	9.43
HP	2.00	0.02	0.03	0.13	2.43	(2.08)	3.70	(4.82)	12.16
SONO	2.01	0.17	0.08	0.25	2.21	(2.16)	4.04	(3.52)	10.40
FIZZ	0.90	0.04	(0.03)	0.23	1.06	(0.92)	2.13	(1.89)	6.35
DKDRF	0.97	0.29	0.00	(0.73)	0.00	0.00	3.29	(0.96)	17.09
RIG	2.58	(0.21)	0.00	(0.03)	0.00	0.00	5.19	(5.66)	14.43
LTH	1.58	(0.07)	(0.02)	0.06	2.05	(1.66)	3.14	(2.43)	13.48
XPOF	2.92	0.06	0.02	0.17	3.25	(3.13)	5.96	(5.55)	35.52

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