Carlyle Secured Correlations

CGBD Stock

USD 16.97 0.08 0.47%

The current 90-days correlation between Carlyle Secured Lending and Blackrock Muniholdings Closed is 0.18 (i.e., Average diversification). The correlation of Carlyle Secured 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.

Carlyle Secured Correlation With Market

Very weak diversification

The correlation between Carlyle Secured Lending and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carlyle Secured Lending 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 Carlyle Secured Lending. 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

0.61	PT	Pintec Technology	Pair Corr
0.61	QD	Qudian Inc	Pair Corr
0.85	VRTS	Virtus Investment	Pair Corr
0.85	WRLD	World Acceptance	Pair Corr
0.74	WULF	Terawulf Downward Rally	Pair Corr

Moving against Carlyle Stock

0.42	LC	LendingClub Corp Buyout Trend	Pair Corr
0.4	MA	Mastercard	Pair Corr
0.82	EZPW	EZCORP Inc Fiscal Year End 20th of November 2024	Pair Corr
0.57	VIRT	Virtu Financial Fiscal Year End 23rd of January 2025	Pair Corr
0.53	TW	Tradeweb Markets	Pair Corr
0.5	ENVA	Enova International	Pair Corr
0.36	RM	Regional Management Corp	Pair Corr
0.34	GCMGW	GCM Grosvenor	Pair Corr
0.31	ECPG	Encore Capital Group	Pair Corr
0.64	FCFS	FirstCash	Pair Corr
0.52	FINV	FinVolution Group Normal Trading	Pair Corr

Related Correlations Analysis

	MHD	DTF	JHS	CXH	MYD	MUI	MQY	MYI	MUE	MVF
MHD		0.86	0.88	0.94	0.98	0.82	0.97	0.96	0.94	0.93	MHD
DTF	0.86		0.92	0.94	0.92	0.93	0.82	0.86	0.86	0.9	DTF
JHS	0.88	0.92		0.95	0.92	0.87	0.9	0.92	0.91	0.91	JHS
CXH	0.94	0.94	0.95		0.97	0.9	0.94	0.95	0.93	0.95	CXH
MYD	0.98	0.92	0.92	0.97		0.86	0.96	0.97	0.95	0.95	MYD
MUI	0.82	0.93	0.87	0.9	0.86		0.79	0.83	0.81	0.86	MUI
MQY	0.97	0.82	0.9	0.94	0.96	0.79		0.98	0.96	0.93	MQY
MYI	0.96	0.86	0.92	0.95	0.97	0.83	0.98		0.97	0.94	MYI
MUE	0.94	0.86	0.91	0.93	0.95	0.81	0.96	0.97		0.94	MUE
MVF	0.93	0.9	0.91	0.95	0.95	0.86	0.93	0.94	0.94		MVF
	MHD	DTF	JHS	CXH	MYD	MUI	MQY	MYI	MUE	MVF

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Risk-Adjusted Indicators

There is a big difference between Carlyle Stock performing well and Carlyle Secured 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 Secured'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
MHD	0.33	0.07	(0.05)	0.82	0.27	(0.37)	0.72	(0.59)	2.56
DTF	0.28	0.04	(0.20)	6.28	0.21	(0.35)	0.64	(0.54)	1.70
JHS	0.36	0.09	(0.01)	0.61	0.19	(0.44)	0.91	(0.62)	2.91
CXH	0.33	0.05	(0.11)	0.59	0.26	(0.39)	0.76	(0.63)	1.89
MYD	0.38	0.08	(0.02)	0.67	0.33	(0.45)	0.82	(0.61)	2.63
MUI	0.18	0.04	(0.25)	1.12	0.00	(0.24)	0.40	(0.32)	1.05
MQY	0.31	0.10	0.01	0.84	0.00	(0.37)	0.79	(0.57)	2.13
MYI	0.32	0.11	0.03	0.95	0.00	(0.40)	1.03	(0.45)	2.66
MUE	0.35	0.10	(0.03)	(2.47)	0.19	(0.40)	0.85	(0.67)	2.54
MVF	0.42	0.08	(0.03)	0.93	0.38	(0.50)	0.85	(0.95)	2.29

Carlyle Secured Corporate Management

Michael Hadley	VP Underwriting	Profile
Inoki Suarez	Managing Strategies	Profile
CFA CFA	VP MD	Profile
Jason Zhao	TCG Associate	Profile
Allison Rudary	Investor Head	Profile
Desiree Annunziato	Principal Treasurer	Profile

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