MidCap Financial Correlations

MFIC Stock

USD 11.11 0.14 1.24%

The current 90-days correlation between MidCap Financial Inv and Capital Southwest is 0.69 (i.e., Poor diversification). The correlation of MidCap Financial 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.

MidCap Financial Correlation With Market

Good diversification

The correlation between MidCap Financial Investment and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MidCap Financial Investment and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with MidCap Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MidCap Financial Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with MidCap Stock

0.67

55O1

Apollo Investment Corp

Pair Corr

Moving against MidCap Stock

0.52	WT	WisdomTree	Pair Corr
0.48	PX	P10 Inc Symbol Change	Pair Corr
0.4	FT	Franklin Universal Closed	Pair Corr
0.38	DHIL	Diamond Hill Investment	Pair Corr
0.34	HHI	Henderson High Income	Pair Corr
0.56	MNTN	Schiehallion Fund	Pair Corr
0.53	ALPN	Alpine Select AG	Pair Corr
0.48	MNG	MG Plc	Pair Corr
0.44	VCTR	Victory Capital Holdings Normal Trading	Pair Corr
0.43	SSSS-P	Shooting Star Acquisition	Pair Corr
0.4	MIGO	Migo Opportunities Trust	Pair Corr
0.34	TEK	Tekcapital plc	Pair Corr
0.31	JLEN	JLEN Environmental Assets	Pair Corr
0.47	XOX-P	Planet X Capital	Pair Corr
0.45	SII	Sprott Inc	Pair Corr
0.42	KUB1	Konsortium AG	Pair Corr
0.42	8KF	ICHIYOSHI SECS LTD	Pair Corr
0.37	RNT	REINET INVESTMENTS SCA	Pair Corr
0.35	PCFT	Polar Capital Global Earnings Call This Week	Pair Corr

Related Correlations Analysis

	CSWC	GSBD	NMFC	PSEC	PFLT	HRZN	VRTS	CGBD	KBDC	BCSF
CSWC		-0.07	-0.42	0.64	0.78	0.8	0.01	0.63	-0.15	0.22	CSWC
GSBD	-0.07		0.39	-0.15	0.09	0.1	-0.02	0.32	0.57	0.27	GSBD
NMFC	-0.42	0.39		-0.37	-0.03	-0.3	0.66	0.37	0.73	0.59	NMFC
PSEC	0.64	-0.15	-0.37		0.42	0.79	-0.13	0.2	-0.31	0.0	PSEC
PFLT	0.78	0.09	-0.03	0.42		0.7	0.38	0.75	0.14	0.31	PFLT
HRZN	0.8	0.1	-0.3	0.79	0.7		0.0	0.49	-0.07	0.08	HRZN
VRTS	0.01	-0.02	0.66	-0.13	0.38	0.0		0.48	0.4	0.35	VRTS
CGBD	0.63	0.32	0.37	0.2	0.75	0.49	0.48		0.55	0.77	CGBD
KBDC	-0.15	0.57	0.73	-0.31	0.14	-0.07	0.4	0.55		0.62	KBDC
BCSF	0.22	0.27	0.59	0.0	0.31	0.08	0.35	0.77	0.62		BCSF
	CSWC	GSBD	NMFC	PSEC	PFLT	HRZN	VRTS	CGBD	KBDC	BCSF

Please upgrade your account to get full access to Macroaxis premium features

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

HRZN	+ 0.8	CSWC
HRZN	+ 0.79	PSEC
PFLT	+ 0.78	CSWC
BCSF	+ 0.77	CGBD
CGBD	+ 0.75	PFLT
KBDC	+ 0.73	NMFC

High negative correlations

NMFC	- 0.42	CSWC
PSEC	- 0.37	NMFC
KBDC	- 0.31	PSEC
HRZN	- 0.3	NMFC
PSEC	- 0.15	GSBD
KBDC	- 0.15	CSWC

Risk-Adjusted Indicators

There is a big difference between MidCap Stock performing well and MidCap Financial 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 MidCap Financial'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
CSWC	0.77	0.16	0.13	0.33	0.74	(0.87)	2.11	(1.29)	6.19
GSBD	0.86	(0.04)	0.00	(0.02)	0.00	0.00	1.88	(1.91)	4.38
NMFC	1.05	(0.20)	0.00	(0.25)	0.00	0.00	2.64	(1.98)	8.09
PSEC	1.56	0.14	0.06	0.27	1.71	(1.85)	4.67	(3.18)	10.69
PFLT	0.91	(0.09)	0.00	(0.08)	0.00	0.00	1.95	(1.79)	6.18
HRZN	0.93	0.04	0.02	0.13	1.05	(0.99)	2.52	(1.85)	4.90
VRTS	1.56	(0.26)	0.00	(0.26)	0.00	0.00	3.06	(3.84)	11.95
CGBD	1.01	0.02	(0.01)	0.09	1.21	(1.07)	2.23	(2.09)	5.52
KBDC	1.07	(0.03)	(0.04)	0.01	1.25	(1.20)	2.84	(2.31)	6.04
BCSF	1.06	0.00	(0.02)	0.07	1.35	(1.07)	2.90	(2.13)	6.32

MidCap Financial Corporate Management

Ryan Giudice	VP Officer	Profile
Patrick Ryan	Chief AIM	Profile
Kristin JD	Secretary Officer	Profile
Elizabeth Besen	Investor Manager	Profile
Kristin Hester	Secretary Officer	Profile
Gregory Hunt	CFO Treasurer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC