Trinity Capital Correlations
| TRIN Stock | USD 15.41 0.15 0.96% |
The current 90-days correlation between Trinity Capital and Mount Logan Capital is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trinity Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trinity Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Trinity Capital Correlation With Market
Very poor diversification
The correlation between Trinity Capital and DJI is 0.81 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trinity Capital and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Trinity Stock
| 0.69 | DHIL | Diamond Hill Investment | PairCorr |
| 0.67 | SPT6 | Beta Systems Software | PairCorr |
| 0.85 | HHI | Henderson High Income | PairCorr |
| 0.81 | BK | Bank of New York | PairCorr |
| 0.7 | FT | Franklin Universal Closed | PairCorr |
| 0.73 | PX | P10 Inc Symbol Change | PairCorr |
| 0.63 | RA | Brookfield Real Assets | PairCorr |
| 0.95 | WT | WisdomTree | PairCorr |
| 0.62 | TEK | Tekcapital plc | PairCorr |
| 0.86 | JLEN | JLEN Environmental Assets | PairCorr |
| 0.92 | MNG | MG Plc | PairCorr |
| 0.85 | MIGO | Migo Opportunities Trust | PairCorr |
| 0.82 | VCTR | Victory Capital Holdings Normal Trading | PairCorr |
| 0.93 | MNTN | Schiehallion Fund | PairCorr |
| 0.7 | DBAN | Deutsche Beteiligungs | PairCorr |
| 0.64 | SCGL | Sealand Capital Galaxy | PairCorr |
Moving against Trinity Stock
| 0.68 | 55O1 | Apollo Investment Corp | PairCorr |
| 0.71 | MFG | Magellan Financial Earnings Call Tomorrow | PairCorr |
| 0.68 | TIP | Teaminvest Private | PairCorr |
| 0.5 | DYCQ | DT Cloud Acquisition | PairCorr |
| 0.49 | OEQ | Orion Equities | PairCorr |
Related Correlations Analysis
| -0.37 | 0.22 | 0.75 | -0.56 | -0.61 | TONX | ||
| -0.37 | -0.39 | -0.55 | 0.51 | 0.19 | KOYN | ||
| 0.22 | -0.39 | 0.15 | 0.04 | 0.22 | MLCI | ||
| 0.75 | -0.55 | 0.15 | -0.49 | -0.42 | STEX | ||
| -0.56 | 0.51 | 0.04 | -0.49 | 0.5 | OACC | ||
| -0.61 | 0.19 | 0.22 | -0.42 | 0.5 | 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
|
Risk-Adjusted Indicators
There is a big difference between Trinity Stock performing well and Trinity 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 Trinity 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 | 4.85 | (0.57) | 0.00 | (0.20) | 0.00 | 11.52 | 38.35 | |||
| KOYN | 0.09 | 0.00 | (0.38) | (0.16) | 0.06 | 0.20 | 1.10 | |||
| MLCI | 2.01 | (0.34) | 0.00 | (0.26) | 0.00 | 3.63 | 17.60 | |||
| STEX | 4.95 | (0.81) | 0.00 | (0.38) | 0.00 | 10.99 | 27.75 | |||
| OACC | 0.19 | (0.01) | (0.21) | (3.37) | 0.20 | 0.47 | 1.04 | |||
| DXYZ | 3.94 | 0.34 | 0.08 | 0.29 | 4.50 | 7.96 | 29.64 |
Trinity Capital Corporate Executives
Elected by the shareholders, the Trinity Capital's board of directors comprises two types of representatives: Trinity Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trinity. The board's role is to monitor Trinity Capital's management team and ensure that shareholders' interests are well served. Trinity Capital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Trinity Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael CPA | CFO Treasurer | Profile |