SuRo Capital Correlations

SSSSL Stock

USD 24.61 0.28 1.12%

The current 90-days correlation between SuRo Capital Corp and Synchronoss Technologies 8375 is -0.22 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SuRo Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SuRo Capital Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

SuRo Capital Correlation With Market

Good diversification

The correlation between SuRo Capital Corp and DJI is -0.17 (i.e., Good 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

0.7	DX	Dynex Capital	Pair Corr
0.63	VACH	Voyager Acquisition Corp	Pair Corr
0.66	DMYY	dMY Squared Technology	Pair Corr
0.72	VCIC	Vine Hill Capital	Pair Corr
0.89	RJF-PB	Raymond James Financial	Pair Corr

Moving against SuRo Stock

0.85	XP	Xp Inc Normal Trading	Pair Corr
0.81	O	Realty Income	Pair Corr
0.69	WY	Weyerhaeuser	Pair Corr
0.62	HR	Healthcare Realty Trust	Pair Corr
0.6	FR	First Industrial Realty Earnings Call This Week	Pair Corr
0.58	DHIL	Diamond Hill Investment	Pair Corr
0.58	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.52	WT	WisdomTree Earnings Call Today	Pair Corr
0.43	AC	Associated Capital Earnings Call This Week	Pair Corr
0.4	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.31	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.84	ADC-PA	Agree Realty	Pair Corr
0.82	PSEC-PA	Prospect Capital Earnings Call This Week	Pair Corr
0.8	VICI	VICI Properties	Pair Corr
0.71	VNO-PO	Vornado Realty Trust	Pair Corr
0.6	VINP	Vinci Partners Inves	Pair Corr
0.47	VNO-PL	Vornado Realty Trust	Pair Corr
0.44	VNO-PM	Vornado Realty Trust	Pair Corr
0.4	VNO-PN	Vornado Realty Trust	Pair Corr
0.39	VALU	Value Line	Pair Corr
0.35	TETEU	Technology Telecommunicatio	Pair Corr

Related Correlations Analysis

	SNCRL	GECCN	GECCO	GAINN	HROWL
SNCRL		0.57	0.61	0.8	0.79	SNCRL
GECCN	0.57		0.77	0.7	0.52	GECCN
GECCO	0.61	0.77		0.77	0.52	GECCO
GAINN	0.8	0.7	0.77		0.7	GAINN
HROWL	0.79	0.52	0.52	0.7		HROWL
	SNCRL	GECCN	GECCO	GAINN	HROWL

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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
SNCRL	0.36	0.01	(0.14)	0.14	0.39	(0.47)	0.79	(0.61)	2.86
GECCN	0.41	0.02	(0.11)	0.63	0.42	(0.53)	0.95	(0.92)	2.73
GECCO	0.24	0.02	(0.11)	(1.85)	0.32	(0.39)	0.61	(0.90)	2.89
GAINN	0.22	0.01	(0.23)	0.44	0.23	(0.28)	0.49	(0.45)	1.77
HROWL	0.24	0.02	(0.19)	0.65	0.26	(0.29)	0.61	(0.40)	1.98

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