Eagle Point Correlations
| ECCF Stock | 24.88 0.02 0.08% |
The current 90-days correlation between Eagle Point Credit and Blackstone Group is -0.05 (i.e., Good diversification). The correlation of Eagle Point 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.
Eagle Point Correlation With Market
Good diversification
The correlation between Eagle Point Credit and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eagle Point Credit and DJI in the same portfolio, assuming nothing else is changed.
Eagle |
Moving together with Eagle Stock
Moving against Eagle Stock
| 0.51 | SVVC | Firsthand Technology | PairCorr |
| 0.39 | IX | Orix Corp Ads | PairCorr |
| 0.32 | EG | Everest Group | PairCorr |
| 0.32 | HG | Hamilton Insurance Group, | 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
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Risk-Adjusted Indicators
There is a big difference between Eagle Stock performing well and Eagle Point 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 Eagle Point'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BX | 1.23 | 0.53 | 0.31 | (3.01) | 0.74 | 3.21 | 8.48 | |||
| BLK | 0.83 | 0.19 | 0.16 | 0.35 | 0.66 | 2.03 | 5.71 | |||
| APO | 1.52 | 0.45 | 0.40 | 0.34 | 0.89 | 3.46 | 12.83 | |||
| IVSBF | 1.21 | (0.22) | 0.00 | (0.24) | 0.00 | 2.88 | 9.37 | |||
| IVSXF | 0.62 | (0.08) | 0.00 | 0.31 | 0.00 | 0.00 | 12.30 | |||
| BK | 0.80 | 0.21 | 0.22 | 0.36 | 0.54 | 2.10 | 4.87 | |||
| AMP | 0.99 | 0.25 | 0.26 | 0.25 | 0.69 | 2.18 | 13.90 | |||
| ARES | 1.29 | 0.17 | 0.13 | 0.23 | 1.27 | 2.98 | 7.35 |
Eagle Point Corporate Executives
Elected by the shareholders, the Eagle Point's board of directors comprises two types of representatives: Eagle Point inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eagle. The board's role is to monitor Eagle Point's management team and ensure that shareholders' interests are well served. Eagle Point'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, Eagle Point's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kenneth CPA | CFO COO | Profile |