Blue Owl Correlations

OWL Stock

USD 26.01 0.20 0.77%

The current 90-days correlation between Blue Owl Capital and Affiliated Managers Group is 0.6 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Owl moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Owl Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Blue Owl Correlation With Market

Average diversification

The correlation between Blue Owl Capital and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Blue Owl 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 Blue Owl 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 housing.

Moving together with Blue Stock

0.79	AXP	American Express	Pair Corr
0.76	C	Citigroup Earnings Call This Week	Pair Corr
0.67	L	Loews Corp Earnings Call This Week	Pair Corr
0.78	V	Visa Class A	Pair Corr
0.64	AB	AllianceBernstein Earnings Call This Week	Pair Corr
0.81	BK	Bank of New York	Pair Corr
0.7	BN	Brookfield Corp Earnings Call This Week	Pair Corr
0.83	CG	Carlyle Group Earnings Call This Week	Pair Corr
0.65	DB	Deutsche Bank AG	Pair Corr
0.63	GL	Globe Life Earnings Call This Week	Pair Corr
0.77	GS	Goldman Sachs Group	Pair Corr
0.69	HG	Hamilton Insurance Group,	Pair Corr
0.64	LX	Lexinfintech Holdings Downward Rally	Pair Corr
0.78	MA	Mastercard	Pair Corr
0.63	MC	Moelis Earnings Call This Week	Pair Corr
0.7	MS	Morgan Stanley	Pair Corr
0.68	PX	P10 Inc	Pair Corr
0.71	RM	Regional Management Corp Earnings Call This Week	Pair Corr

Moving against Blue Stock

0.5	PSEC-PA	Prospect Capital Earnings Call This Week	Pair Corr
0.49	VALU	Value Line	Pair Corr
0.35	XP	Xp Inc Normal Trading	Pair Corr

Related Correlations Analysis

	APO	KKR	AMG	ARCC	CG	ARES	HLNE	VINP	PX	DHIL
APO		0.75	-0.09	0.4	0.5	0.52	-0.06	0.15	0.81	0.28	APO
KKR	0.75		0.16	0.64	0.87	0.7	0.14	0.2	0.76	0.25	KKR
AMG	-0.09	0.16		0.04	0.24	0.12	0.28	0.31	-0.09	0.12	AMG
ARCC	0.4	0.64	0.04		0.8	0.95	-0.55	-0.42	0.63	-0.48	ARCC
CG	0.5	0.87	0.24	0.8		0.83	-0.06	0.05	0.65	-0.06	CG
ARES	0.52	0.7	0.12	0.95	0.83		-0.53	-0.27	0.68	-0.45	ARES
HLNE	-0.06	0.14	0.28	-0.55	-0.06	-0.53		0.69	-0.18	0.85	HLNE
VINP	0.15	0.2	0.31	-0.42	0.05	-0.27	0.69		-0.2	0.62	VINP
PX	0.81	0.76	-0.09	0.63	0.65	0.68	-0.18	-0.2		0.05	PX
DHIL	0.28	0.25	0.12	-0.48	-0.06	-0.45	0.85	0.62	0.05		DHIL
	APO	KKR	AMG	ARCC	CG	ARES	HLNE	VINP	PX	DHIL

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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

ARES	+ 0.95	ARCC
CG	+ 0.87	KKR
DHIL	+ 0.85	HLNE
ARES	+ 0.83	CG
PX	+ 0.81	APO
CG	+ 0.8	ARCC

High negative correlations

HLNE	- 0.55	ARCC
HLNE	- 0.53	ARES
DHIL	- 0.48	ARCC
DHIL	- 0.45	ARES
VINP	- 0.42	ARCC
VINP	- 0.27	ARES

Risk-Adjusted Indicators

There is a big difference between Blue Stock performing well and Blue Owl 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 Blue Owl'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
APO	1.57	0.23	0.10	0.31	1.97	(1.61)	3.46	(3.19)	14.68
KKR	1.57	0.23	0.11	0.33	1.72	(1.76)	3.63	(3.13)	15.02
AMG	1.16	(0.04)	0.00	(0.10)	0.00	0.00	1.99	(2.16)	10.45
ARCC	0.59	0.15	0.14	0.68	0.46	(0.69)	1.46	(1.04)	3.63
CG	1.48	0.15	0.07	0.32	1.69	(1.63)	3.05	(3.17)	15.08
ARES	1.39	0.20	0.09	0.31	1.82	(1.36)	2.97	(3.46)	10.01
HLNE	1.55	(0.20)	0.00	(0.20)	0.00	0.00	3.44	(3.31)	13.54
VINP	1.14	(0.02)	(0.03)	0.03	1.62	(1.17)	2.23	(2.43)	8.48
PX	1.50	0.28	0.13	0.44	1.81	(1.63)	2.82	(2.70)	12.00
DHIL	1.10	(0.06)	0.00	(0.03)	0.00	0.00	2.30	(2.66)	10.59

Blue Owl Corporate Management

CPA CPA	Chief Officer	Profile
Marc Lipschultz	Co-President Co-Founder, Director	Profile
Andrew Laurino	Senior Managing Director	Profile
Chris Eby	Head Development	Profile

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