Carlyle Correlations

CGABL Stock

USD 20.16 0.07 0.35%

The current 90-days correlation between Carlyle Group and Hancock Whitney is 0.08 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carlyle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if The Carlyle Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Carlyle Correlation With Market

Modest diversification

The correlation between The Carlyle Group and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Carlyle Group and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Carlyle Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving together with Carlyle Stock

0.63	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.91	ADC-PA	Agree Realty Earnings Call This Week	Pair Corr
0.92	VNO-PL	Vornado Realty Trust	Pair Corr
0.92	VNO-PM	Vornado Realty Trust	Pair Corr
0.92	VNO-PN	Vornado Realty Trust	Pair Corr
0.93	VNO-PO	Vornado Realty Trust	Pair Corr
0.86	RJF-PB	Raymond James Financial Earnings Call This Week	Pair Corr
0.87	PSEC-PA	Prospect Capital	Pair Corr
0.82	DSAQ	Direct Selling Acqui	Pair Corr
0.85	MITT-PA	AG Mortgage Investment	Pair Corr
0.84	MITT-PB	AG Mortgage Investment	Pair Corr
0.93	MITT-PC	AG Mortgage Investment	Pair Corr
0.93	SCHW-PJ	Charles Schwab	Pair Corr
0.86	SCHW-PD	Charles Schwab	Pair Corr
0.85	CDR-PB	Cedar Realty Trust	Pair Corr
0.8	CDR-PC	Cedar Realty Trust	Pair Corr
0.86	SSSSL	SuRo Capital Corp	Pair Corr
0.84	OCAXW	OCA Acquisition Corp	Pair Corr
0.87	BFS-PD	Saul Centers	Pair Corr
0.9	BFS-PE	Saul Centers	Pair Corr
0.81	NREF-PA	NexPoint Real Estate	Pair Corr
0.72	FHLT	Future Health Esg	Pair Corr

Moving against Carlyle Stock

0.87	ECRO	Ecc Cap Corp	Pair Corr
0.51	BRACR	Broad Capital Acquisition	Pair Corr
0.47	HHGCR	HHG Capital	Pair Corr
0.41	HHGCW	HHG Capital	Pair Corr

Related Correlations Analysis

	KKRS	AEFC	SOJE	SOJD	HWCPZ
KKRS		0.95	0.96	0.98	0.93	KKRS
AEFC	0.95		0.92	0.96	0.92	AEFC
SOJE	0.96	0.92		0.94	0.94	SOJE
SOJD	0.98	0.96	0.94		0.92	SOJD
HWCPZ	0.93	0.92	0.94	0.92		HWCPZ
	KKRS	AEFC	SOJE	SOJD	HWCPZ

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Carlyle Stock performing well and Carlyle 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 Carlyle'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
KKRS	0.57	0.08	0.01	0.60	0.79	(0.56)	1.16	(1.69)	3.25
AEFC	0.50	0.09	0.00	(58.34)	0.55	(0.55)	1.40	(1.37)	3.58
SOJE	0.49	0.07	0.01	0.34	0.64	(0.53)	0.98	(1.29)	2.96
SOJD	0.54	0.07	(0.01)	0.50	0.56	(0.59)	1.02	(1.34)	2.96
HWCPZ	0.54	0.12	0.06	0.94	0.50	(0.60)	1.04	(1.29)	5.21

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC