OFS Capital Correlations

OFS Capital Correlation With Market

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OFS 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 census. For more information on how to buy OFS Stock please use our How to Invest in OFS Capital guide.

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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    SCM + 0.94 FDUS TPVG + 0.93 FDUS DHIL + 0.89 FDUS SCM + 0.88 DHIL TPVG + 0.87 SCM TPVG + 0.86 DHIL

High negative correlations    TPVG - 0.56 MRCC FDUS - 0.54 MRCC DHIL - 0.53 MRCC TPVG - 0.49 WHF FDUS - 0.45 WHF DHIL - 0.39 WHF

Risk-Adjusted Indicators

There is a big difference between OFS Stock performing well and OFS 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 OFS 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.