GCM Grosvenor Correlations

GCMG Stock

USD 12.33 0.09 0.74%

The current 90-days correlation between GCM Grosvenor and CBH is -0.11 (i.e., Good diversification). The correlation of GCM Grosvenor 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.

GCM Grosvenor Correlation With Market

Weak diversification

The correlation between GCM Grosvenor and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GCM Grosvenor and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GCM Grosvenor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more detail on how to invest in GCM Stock please use our How to Invest in GCM Grosvenor guide.

Moving together with GCM Stock

0.71	V	Visa Class A	Pair Corr
0.76	DIST	Distoken Acquisition	Pair Corr
0.82	AB	AllianceBernstein	Pair Corr
0.79	AC	Associated Capital	Pair Corr
0.87	BN	Brookfield Corp	Pair Corr
0.91	BX	Blackstone Group Normal Trading	Pair Corr
0.87	CG	Carlyle Group	Pair Corr
0.72	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.7	LC	LendingClub Corp	Pair Corr
0.72	LX	Lexinfintech Holdings	Pair Corr
0.83	MA	Mastercard	Pair Corr
0.72	MC	Moelis	Pair Corr
0.82	MS	Morgan Stanley Sell-off Trend	Pair Corr
0.86	PX	P10 Inc	Pair Corr
0.81	QD	Qudian Inc	Pair Corr
0.87	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.76	TW	Tradeweb Markets Normal Trading	Pair Corr
0.7	WT	WisdomTree	Pair Corr
0.85	VCTR	Victory Capital Holdings Sell-off Trend	Pair Corr
0.67	VIRT	Virtu Financial Normal Trading	Pair Corr
0.77	DYCQ	DT Cloud Acquisition	Pair Corr
0.73	VRTS	Virtus Investment	Pair Corr

Moving against GCM Stock

0.45	PT	Pintec Technology	Pair Corr
0.66	XP	Xp Inc	Pair Corr
0.59	WU	Western Union	Pair Corr
0.48	RM	Regional Management Corp	Pair Corr
0.83	BRACU	Broad Capital Acquisition	Pair Corr
0.76	BRKHU	BurTech Acquisition Corp	Pair Corr
0.55	BRKHW	BurTech Acquisition Corp	Pair Corr
0.54	PFTAU	Portage Fintech Acqu	Pair Corr

Related Correlations Analysis

	CBH	CXH	IHTA	EOT	NXC	FMN	MHN	IHIT	JHAA
CBH		0.18	0.94	0.15	-0.27	-0.57	-0.02	-0.48	0.92	CBH
CXH	0.18		0.17	0.67	0.6	0.53	0.79	-0.55	0.11	CXH
IHTA	0.94	0.17		0.23	-0.26	-0.56	-0.02	-0.6	0.81	IHTA
EOT	0.15	0.67	0.23		0.68	0.55	0.79	-0.78	-0.02	EOT
NXC	-0.27	0.6	-0.26	0.68		0.85	0.85	-0.45	-0.32	NXC
FMN	-0.57	0.53	-0.56	0.55	0.85		0.78	-0.15	-0.57	FMN
MHN	-0.02	0.79	-0.02	0.79	0.85	0.78		-0.58	-0.12	MHN
IHIT	-0.48	-0.55	-0.6	-0.78	-0.45	-0.15	-0.58		-0.29	IHIT
JHAA	0.92	0.11	0.81	-0.02	-0.32	-0.57	-0.12	-0.29		JHAA
	CBH	CXH	IHTA	EOT	NXC	FMN	MHN	IHIT	JHAA

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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

IHTA	+ 0.94	CBH
JHAA	+ 0.92	CBH
FMN	+ 0.85	NXC
MHN	+ 0.85	NXC
JHAA	+ 0.81	IHTA
MHN	+ 0.79	CXH

High negative correlations

IHIT	- 0.78	EOT
IHIT	- 0.6	IHTA
IHIT	- 0.58	MHN
JHAA	- 0.57	FMN
FMN	- 0.57	CBH
FMN	- 0.56	IHTA

Risk-Adjusted Indicators

There is a big difference between GCM Stock performing well and GCM Grosvenor 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 GCM Grosvenor'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
CBH	0.13	0.04	(0.30)	(21.78)	0.00	(0.18)	0.22	(0.22)	0.78
CXH	0.31	0.02	(0.15)	0.39	0.38	(0.35)	0.62	(0.62)	2.10
IHTA	0.24	0.05	(0.08)	1.57	0.26	(0.30)	0.68	(0.28)	2.03
EOT	0.35	0.02	(0.18)	(1.09)	0.38	(0.41)	0.75	(0.86)	2.08
NXC	0.46	(0.03)	0.00	2.18	0.00	0.00	0.94	(0.94)	2.82
FMN	0.50	(0.06)	0.00	0.65	0.00	0.00	1.06	(1.49)	5.09
MHN	0.36	(0.01)	(0.14)	(0.59)	0.63	(0.32)	0.75	(1.03)	2.69
IHIT	0.46	(0.04)	0.00	0.55	0.00	0.00	1.07	(1.18)	2.70
JHAA	0.15	0.02	(0.37)	(6.00)	0.00	(0.20)	0.33	(0.22)	0.96

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