Prospect Capital Correlations
| PSEC Stock | USD 2.82 0.10 3.42% |
The current 90-days correlation between Prospect Capital and Destiny Tech100 is 0.08 (i.e., Significant diversification). The correlation of Prospect Capital 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.
Prospect Capital Correlation With Market
Very weak diversification
The correlation between Prospect Capital and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Prospect Capital and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Prospect Stock
| 0.72 | HHI | Henderson High Income | PairCorr |
| 0.78 | FT | Franklin Universal Closed | PairCorr |
| 0.76 | RA | Brookfield Real Assets | PairCorr |
| 0.79 | WT | WisdomTree | PairCorr |
| 0.74 | MNG | MG Plc | PairCorr |
| 0.78 | VCTR | Victory Capital Holdings | PairCorr |
| 0.77 | SSSS-P | Shooting Star Acquisition | PairCorr |
| 0.7 | MNTN | Schiehallion Fund | PairCorr |
Moving against Prospect Stock
| 0.72 | MFG | Magellan Financial | PairCorr |
| 0.67 | NP | Neptune Insurance | PairCorr |
| 0.58 | 55O1 | Apollo Investment Corp Earnings Call This Week | PairCorr |
| 0.42 | BX | Blackstone Group | PairCorr |
| 0.4 | DMYY | dMY Squared Technology | PairCorr |
| 0.68 | TIP | Teaminvest Private | PairCorr |
| 0.65 | ATY | Athelney Trust plc | PairCorr |
| 0.55 | M9X | WhiteHorse Finance Earnings Call This Week | PairCorr |
| 0.32 | VRTS | Virtus Investment | PairCorr |
Related Correlations Analysis
| -0.52 | 0.4 | 0.78 | -0.64 | -0.47 | TONX | ||
| -0.52 | -0.49 | -0.66 | 0.61 | 0.16 | KOYN | ||
| 0.4 | -0.49 | 0.44 | -0.25 | 0.18 | MLCI | ||
| 0.78 | -0.66 | 0.44 | -0.61 | -0.28 | STEX | ||
| -0.64 | 0.61 | -0.25 | -0.61 | 0.4 | OACC | ||
| -0.47 | 0.16 | 0.18 | -0.28 | 0.4 | DXYZ | ||
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Prospect Stock performing well and Prospect Capital 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 Prospect Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TONX | 4.75 | (0.76) | 0.00 | (0.35) | 0.00 | 9.95 | 38.35 | |||
| KOYN | 0.09 | 0.00 | (0.38) | 0.85 | 0.00 | 0.20 | 1.10 | |||
| MLCI | 2.17 | (0.56) | 0.00 | (95.74) | 0.00 | 3.34 | 17.60 | |||
| STEX | 4.91 | (0.75) | 0.00 | (0.48) | 0.00 | 10.99 | 27.75 | |||
| OACC | 0.18 | 0.00 | (0.20) | (0.22) | 0.17 | 0.47 | 1.03 | |||
| DXYZ | 3.93 | 0.34 | 0.08 | 0.27 | 4.46 | 7.96 | 29.64 |
Prospect Capital Corporate Management
| Jonathan JD | Deputy Counsel | Profile | |
| Bart JD | Managing Director | Profile | |
| Jonathan Li | Deputy Counsel | Profile | |
| David Belzer | Managing Director | Profile | |
| Trisha Blackman | Head Administration | Profile | |
| Al Faella | Chief Officer | Profile |