Oxford Square Correlations

OXSQ Stock

USD 2.61 0.04 1.51%

The current 90-days correlation between Oxford Square Capital and Horizon Technology Finance is 0.18 (i.e., Average diversification). The correlation of Oxford Square 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Oxford Square Correlation With Market

Average diversification

The correlation between Oxford Square Capital and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oxford Square 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 Square 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 state.

Moving together with Oxford Stock

0.65	LU	Lufax Holding	Pair Corr
0.7	WD	Walker Dunlop Normal Trading	Pair Corr
0.87	XP	Xp Inc	Pair Corr

Moving against Oxford Stock

0.82	DIST	Distoken Acquisition	Pair Corr
0.79	V	Visa Class A	Pair Corr
0.78	LX	Lexinfintech Holdings Buyout Trend	Pair Corr
0.77	LC	LendingClub Corp	Pair Corr
0.64	DX	Dynex Capital	Pair Corr
0.55	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.53	MA	Mastercard	Pair Corr
0.48	BN	Brookfield Corp	Pair Corr
0.44	MC	Moelis	Pair Corr
0.42	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.33	BX	Blackstone Group Earnings Call This Week	Pair Corr
0.74	PX	P10 Inc	Pair Corr
0.71	QD	Qudian Inc	Pair Corr
0.66	RM	Regional Management Corp Normal Trading	Pair Corr
0.63	DMYY	dMY Squared Technology	Pair Corr
0.54	VCTR	Victory Capital Holdings	Pair Corr
0.52	GCMGW	GCM Grosvenor	Pair Corr
0.73	VIRT	Virtu Financial Earnings Call This Week	Pair Corr
0.59	WINV	WinVest Acquisition Corp	Pair Corr
0.58	DYCQ	DT Cloud Acquisition	Pair Corr
0.58	EMCG	Embrace Change Acqui	Pair Corr
0.52	ESHA	ESH Acquisition Corp	Pair Corr
0.5	ENVA	Enova International	Pair Corr

Related Correlations Analysis

	ECC	CRF	CLM	GOF	HRZN	WHF	GLAD	PFLT	FDUS	MAIN
ECC		-0.27	-0.49	0.19	0.68	0.73	-0.66	0.62	-0.61	-0.56	ECC
CRF	-0.27		0.94	0.63	-0.46	-0.65	0.56	-0.38	0.67	0.48	CRF
CLM	-0.49	0.94		0.46	-0.62	-0.84	0.75	-0.48	0.82	0.66	CLM
GOF	0.19	0.63	0.46		-0.05	-0.06	-0.04	0.01	0.12	-0.15	GOF
HRZN	0.68	-0.46	-0.62	-0.05		0.7	-0.56	0.9	-0.54	-0.46	HRZN
WHF	0.73	-0.65	-0.84	-0.06	0.7		-0.88	0.55	-0.89	-0.82	WHF
GLAD	-0.66	0.56	0.75	-0.04	-0.56	-0.88		-0.4	0.97	0.97	GLAD
PFLT	0.62	-0.38	-0.48	0.01	0.9	0.55	-0.4		-0.38	-0.3	PFLT
FDUS	-0.61	0.67	0.82	0.12	-0.54	-0.89	0.97	-0.38		0.93	FDUS
MAIN	-0.56	0.48	0.66	-0.15	-0.46	-0.82	0.97	-0.3	0.93		MAIN
	ECC	CRF	CLM	GOF	HRZN	WHF	GLAD	PFLT	FDUS	MAIN

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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

FDUS	+ 0.97	GLAD
MAIN	+ 0.97	GLAD
CLM	+ 0.94	CRF
MAIN	+ 0.93	FDUS
PFLT	+ 0.9	HRZN
FDUS	+ 0.82	CLM

High negative correlations

FDUS	- 0.89	WHF
GLAD	- 0.88	WHF
WHF	- 0.84	CLM
MAIN	- 0.82	WHF
GLAD	- 0.66	ECC
WHF	- 0.65	CRF

Risk-Adjusted Indicators

There is a big difference between Oxford Stock performing well and Oxford Square 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 Square'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
ECC	0.63	(0.07)	0.00	(0.33)	0.00	0.00	1.98	(1.45)	3.51
CRF	1.04	0.11	0.04	0.27	2.04	(1.01)	2.04	(2.28)	10.79
CLM	0.88	0.16	0.07	0.45	1.65	(0.96)	1.81	(1.16)	9.60
GOF	0.43	0.00	(0.02)	0.04	0.68	(0.39)	0.85	(0.99)	2.83
HRZN	0.94	(0.13)	0.00	(0.56)	0.00	0.00	1.35	(2.27)	8.98
WHF	0.96	(0.14)	0.00	(1.58)	0.00	0.00	1.47	(2.15)	6.19
GLAD	0.92	0.34	0.28	2.57	0.73	(1.05)	2.13	(1.73)	4.15
PFLT	0.62	(0.03)	0.00	(0.09)	0.00	0.00	1.02	(1.31)	4.33
FDUS	0.64	0.20	0.23	1.85	0.52	(0.74)	1.38	(1.30)	4.32
MAIN	0.65	0.26	0.30	1.21	0.36	(0.76)	1.58	(1.31)	3.43

Oxford Square Corporate Management

Fabian Giudici	Head Technology	Profile
Gerald Cummins	Chief Compliance Officer	Profile
Vincent Gurrera	Controller Finance	Profile
Debdeep Maji	Sr Management	Profile
Kristin Paul	Director Operations	Profile
Joseph Kupka	Managing Director	Profile

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