Fidus Investment Correlations

Stocks . USA . 
Stock . Fidus Investment Corp
FDUS Stock  USD 22.24  0.31  1.37%   
The current 90-days correlation between Fidus Investment Corp and Patria Investments is 0.23 (i.e., Modest diversification). The correlation of Fidus Investment 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.

Fidus Investment Correlation With Market

Average diversification

The correlation between Fidus Investment Corp and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fidus Investment Corp and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidus Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

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Moving against Fidus Stock

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Risk-Adjusted Indicators

There is a big difference between Fidus Stock performing well and Fidus Investment 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 Fidus Investment'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.

Fidus Investment Corporate Management

Amanda ArmstrongAccounting ManagerProfile
Matthew ShehornManaging DirectorProfile
Craig PetrushaManaging DirectorProfile
Andrew WorthManaging DirectorProfile
Thomas SteiglehnerManaging DirectorProfile
Michael MillerMD DevelopmentProfile
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