Old Market Correlations

OMCC Stock

5.95 0.05 0.85%

The current 90-days correlation between Old Market Capital and Synchrony Financial is -0.15 (i.e., Good diversification). The correlation of Old Market 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.

Old Market Correlation With Market

Good diversification

The correlation between Old Market Capital and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Old Market Capital and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Market Capital. 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.

Moving against Old Stock

0.51	L	Loews Corp	Pair Corr
0.38	SYF-PB	Synchrony Financial	Pair Corr
0.54	AX	Axos Financial	Pair Corr
0.54	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.44	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr
0.41	LC	LendingClub Corp	Pair Corr
0.4	NU	Nu Holdings	Pair Corr
0.37	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr

Related Correlations Analysis

	SYF-PA	SYF-PB	ENVA	EZPW	WRLD	FCFS	FINV	AGM	COF	DFS
SYF-PA		0.4	0.26	-0.48	0.29	-0.25	0.45	0.0	0.33	0.34	SYF-PA
SYF-PB	0.4		0.84	0.36	0.52	-0.57	0.15	0.75	0.85	0.84	SYF-PB
ENVA	0.26	0.84		0.6	0.45	-0.66	0.4	0.84	0.94	0.97	ENVA
EZPW	-0.48	0.36	0.6		0.15	-0.36	0.06	0.62	0.52	0.53	EZPW
WRLD	0.29	0.52	0.45	0.15		0.06	-0.19	0.44	0.3	0.4	WRLD
FCFS	-0.25	-0.57	-0.66	-0.36	0.06		-0.6	-0.37	-0.76	-0.71	FCFS
FINV	0.45	0.15	0.4	0.06	-0.19	-0.6		0.07	0.45	0.46	FINV
AGM	0.0	0.75	0.84	0.62	0.44	-0.37	0.07		0.81	0.8	AGM
COF	0.33	0.85	0.94	0.52	0.3	-0.76	0.45	0.81		0.96	COF
DFS	0.34	0.84	0.97	0.53	0.4	-0.71	0.46	0.8	0.96		DFS
	SYF-PA	SYF-PB	ENVA	EZPW	WRLD	FCFS	FINV	AGM	COF	DFS

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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

DFS	+ 0.97	ENVA
DFS	+ 0.96	COF
COF	+ 0.94	ENVA
COF	+ 0.85	SYF-PB
ENVA	+ 0.84	SYF-PB
DFS	+ 0.84	SYF-PB

High negative correlations

COF	- 0.76	FCFS
DFS	- 0.71	FCFS
FCFS	- 0.66	ENVA
FINV	- 0.6	FCFS
FCFS	- 0.57	SYF-PB
EZPW	- 0.48	SYF-PA

Risk-Adjusted Indicators

There is a big difference between Old Stock performing well and Old Market 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 Old Market'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
SYF-PA	0.87	0.05	(0.02)	0.25	0.91	(0.93)	1.65	(1.36)	4.65
SYF-PB	0.40	0.03	(0.07)	0.25	0.52	(0.40)	0.87	(1.02)	2.39
ENVA	1.70	0.13	0.13	0.16	1.66	(1.94)	3.13	(3.16)	13.01
EZPW	1.20	(0.02)	(0.03)	0.08	1.30	(1.43)	3.43	(2.54)	6.51
WRLD	1.65	(0.12)	(0.01)	0.04	1.77	(1.91)	3.37	(3.22)	13.63
FCFS	1.12	(0.28)	0.00	(0.22)	0.00	0.00	2.31	(2.42)	9.46
FINV	1.93	0.17	0.05	0.43	2.42	(1.95)	3.81	(4.74)	13.22
AGM	1.27	0.11	0.03	0.47	1.23	(1.46)	2.77	(2.24)	12.03
COF	1.70	0.41	0.21	(3.09)	1.19	(2.25)	5.23	(2.39)	18.23
DFS	1.96	0.16	0.21	0.15	1.47	(2.46)	4.04	(2.77)	24.36

Old Market Corporate Executives

Elected by the shareholders, the Old Market's board of directors comprises two types of representatives: Old Market inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Old. The board's role is to monitor Old Market's management team and ensure that shareholders' interests are well served. Old Market'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, Old Market's outside directors are responsible for providing unbiased perspectives on the board's policies.

Charles Krebs

CFO Secretary

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