Oxford Lane Correlations

OXLC Stock  USD 5.08  0.02  0.40%   
The current 90-days correlation between Oxford Lane Capital and Capital Southwest is 0.27 (i.e., Modest diversification). The correlation of Oxford Lane 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.

Oxford Lane Correlation With Market

Weak diversification

The correlation between Oxford Lane Capital and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oxford Lane 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 Oxford Lane 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 bureau of economic analysis.

Moving together with Oxford Stock

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Moving against Oxford Stock

  0.47LU Lufax HoldingPairCorr
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  0.45PWUPW PowerUp Acquisition CorpPairCorr
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Related Correlations Analysis

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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   
CLMCRF
PSECCSWC
ECCCSWC
PSECECC
GOFCRF
RACRF
  
High negative correlations   
PSECCLM
CLMCSWC
PSECCRF
ECCCLM
CRFCSWC
PSECRA

Risk-Adjusted Indicators

There is a big difference between Oxford Stock performing well and Oxford Lane 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 Oxford Lane'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.

Oxford Lane Corporate Management

Fabian GiudiciHead TechnologyProfile
Gerald CumminsChief Compliance OfficerProfile
Vincent GurreraController FinanceProfile
Debdeep MajiManaging MangProfile
Joseph KupkaLLC FundsProfile