SuRo Capital Correlations

SSSS Stock

USD 5.26 0.21 3.84%

The correlation of SuRo 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. If the correlation is 0, the equities are not correlated; they are entirely random.

SuRo Capital Correlation With Market

Significant diversification

The correlation between SuRo Capital Corp and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SuRo Capital Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SuRo Capital Corp. 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 SuRo Stock

0.73	AXP	American Express	Pair Corr
0.67	C	Citigroup Earnings Call This Week	Pair Corr
0.61	V	Visa Class A	Pair Corr
0.66	HG	Hamilton Insurance Group,	Pair Corr
0.69	LC	LendingClub Corp Downward Rally	Pair Corr
0.8	LX	Lexinfintech Holdings Downward Rally	Pair Corr
0.62	PX	P10 Inc	Pair Corr
0.7	QD	Qudian Inc	Pair Corr
0.83	RM	Regional Management Corp Earnings Call This Week	Pair Corr

Moving against SuRo Stock

0.72	KB	KB Financial Group Earnings Call This Week	Pair Corr
0.62	CB	Chubb	Pair Corr
0.32	EG	Everest Group Earnings Call This Week	Pair Corr
0.31	DHIL	Diamond Hill Investment	Pair Corr
0.85	XP	Xp Inc Normal Trading	Pair Corr
0.79	NU	Nu Holdings Aggressive Push	Pair Corr
0.66	WF	Woori Financial Group Earnings Call This Week	Pair Corr
0.57	WD	Walker Dunlop	Pair Corr
0.45	PSEC-PA	Prospect Capital Earnings Call This Week	Pair Corr
0.41	VABK	Virginia National	Pair Corr
0.41	VBNK	VersaBank Normal Trading	Pair Corr
0.32	TD	Toronto Dominion Bank Earnings Call This Week	Pair Corr

Related Correlations Analysis

	BSIG	MUC	PMM	ICMB	PX	TCPC	TPVG	TSLX	GBDC	NMFC
BSIG		-0.37	-0.36	0.64	0.5	0.5	0.43	0.53	0.33	0.26	BSIG
MUC	-0.37		0.91	-0.19	0.05	0.09	0.19	-0.34	-0.22	0.32	MUC
PMM	-0.36	0.91		-0.07	0.17	0.18	0.24	-0.14	-0.05	0.35	PMM
ICMB	0.64	-0.19	-0.07		0.81	0.76	0.62	0.75	0.55	0.64	ICMB
PX	0.5	0.05	0.17	0.81		0.87	0.85	0.71	0.58	0.73	PX
TCPC	0.5	0.09	0.18	0.76	0.87		0.86	0.74	0.73	0.81	TCPC
TPVG	0.43	0.19	0.24	0.62	0.85	0.86		0.55	0.54	0.73	TPVG
TSLX	0.53	-0.34	-0.14	0.75	0.71	0.74	0.55		0.86	0.57	TSLX
GBDC	0.33	-0.22	-0.05	0.55	0.58	0.73	0.54	0.86		0.62	GBDC
NMFC	0.26	0.32	0.35	0.64	0.73	0.81	0.73	0.57	0.62		NMFC
	BSIG	MUC	PMM	ICMB	PX	TCPC	TPVG	TSLX	GBDC	NMFC

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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

PMM	+ 0.91	MUC
TCPC	+ 0.87	PX
TPVG	+ 0.86	TCPC
GBDC	+ 0.86	TSLX
TPVG	+ 0.85	PX
PX	+ 0.81	ICMB

High negative correlations

MUC	- 0.37	BSIG
PMM	- 0.36	BSIG
TSLX	- 0.34	MUC
GBDC	- 0.22	MUC
ICMB	- 0.19	MUC
TSLX	- 0.14	PMM

Risk-Adjusted Indicators

There is a big difference between SuRo Stock performing well and SuRo 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 SuRo 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
BSIG	1.40	0.04	(0.01)	0.22	1.80	(1.43)	2.98	(3.40)	11.14
MUC	0.49	(0.05)	0.00	(0.19)	0.00	0.00	0.85	(1.08)	3.31
PMM	0.56	(0.02)	(0.09)	0.02	0.72	(0.65)	1.11	(1.42)	4.08
ICMB	0.93	0.07	(0.01)	0.54	0.95	(1.27)	3.19	(1.72)	8.09
PX	1.49	0.27	0.12	0.46	1.84	(1.60)	2.82	(2.70)	12.00
TCPC	1.30	0.20	0.07	1.78	1.43	(1.52)	2.66	(2.34)	14.32
TPVG	1.54	0.27	0.11	0.53	1.91	(1.75)	4.41	(2.40)	19.59
TSLX	0.60	0.12	0.06	0.63	0.47	(0.76)	1.59	(1.06)	4.04
GBDC	0.66	0.04	(0.05)	0.39	0.81	(0.70)	1.46	(1.72)	4.60
NMFC	0.77	0.02	(0.05)	0.29	1.06	(0.73)	1.90	(1.51)	4.25

SuRo Capital Corporate Management

Sandra Linn	Investor Relation	Profile
Evan Schlossman	Investor	Profile
Allison CPA	Treasurer, CFO	Profile
William Lee	Investor	Profile
Jazelyn Jose	Finance Associate	Profile

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