Oxford Lane Correlations

OXLC Stock

USD 5.25 0.02 0.38%

The current 90-days correlation between Oxford Lane Capital and Capital Southwest is -0.16 (i.e., Good diversification). The correlation of Oxford Lane 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.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Lane Capital. 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 economic analysis.

Moving together with Oxford Stock

0.85	V	Visa Class A	Pair Corr
0.86	MA	Mastercard	Pair Corr
0.9	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.88	ENVA	Enova International	Pair Corr
0.67	FDUS	Fidus Investment Corp	Pair Corr
0.85	AGM	Federal Agricultural	Pair Corr
0.88	AMP	Ameriprise Financial Fiscal Year End 22nd of January 2025	Pair Corr
0.77	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.9	COF	Capital One Financial Fiscal Year End 23rd of January 2025	Pair Corr
0.89	DFS	Discover Financial Fiscal Year End 15th of January 2025	Pair Corr
0.86	FRHC	Freedom Holding Corp	Pair Corr
0.72	NMR	Nomura Holdings ADR	Pair Corr
0.66	SLM	SLM Corp Normal Trading	Pair Corr
0.89	SYF	Synchrony Financial Fiscal Year End 28th of January 2025	Pair Corr
0.78	IREN	Iris Energy	Pair Corr
0.86	MFIN	Medallion Financial Corp Normal Trading	Pair Corr
0.63	OPRT	Oportun Financial Corp	Pair Corr
0.77	PYPL	PayPal Holdings	Pair Corr
0.65	RMCO	Royalty Management	Pair Corr
0.77	ALLY	Ally Financial Fiscal Year End 17th of January 2025	Pair Corr
0.69	ALTI	Alvarium Tiedemann	Pair Corr
0.83	APAM	Artisan Partners Asset Fiscal Year End 4th of February 2025	Pair Corr

Moving against Oxford Stock

0.89	WU	Western Union	Pair Corr
0.74	FCFS	FirstCash	Pair Corr
0.59	PT	Pintec Technology	Pair Corr
0.84	ORGN	Origin Materials	Pair Corr
0.62	GROW	US Global Investors	Pair Corr
0.62	MCVT	Mill City Ventures	Pair Corr
0.61	PFLT	PennantPark Floating Rate	Pair Corr

Related Correlations Analysis

	CSWC	XFLT	CRF	CLM	GOF	RA	ECC	SCM	PSEC
CSWC		-0.67	-0.72	-0.78	-0.6	-0.1	0.56	-0.18	0.81	CSWC
XFLT	-0.67		0.85	0.87	0.75	0.07	-0.65	0.51	-0.66	XFLT
CRF	-0.72	0.85		0.99	0.88	0.39	-0.52	0.55	-0.81	CRF
CLM	-0.78	0.87	0.99		0.86	0.32	-0.59	0.53	-0.85	CLM
GOF	-0.6	0.75	0.88	0.86		0.4	-0.36	0.64	-0.72	GOF
RA	-0.1	0.07	0.39	0.32	0.4		0.03	0.08	-0.25	RA
ECC	0.56	-0.65	-0.52	-0.59	-0.36	0.03		-0.15	0.52	ECC
SCM	-0.18	0.51	0.55	0.53	0.64	0.08	-0.15		-0.31	SCM
PSEC	0.81	-0.66	-0.81	-0.85	-0.72	-0.25	0.52	-0.31		PSEC
	CSWC	XFLT	CRF	CLM	GOF	RA	ECC	SCM	PSEC

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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

CLM	+ 0.99	CRF
GOF	+ 0.88	CRF
CLM	+ 0.87	XFLT
GOF	+ 0.86	CLM
CRF	+ 0.85	XFLT
PSEC	+ 0.81	CSWC

High negative correlations

PSEC	- 0.85	CLM
PSEC	- 0.81	CRF
CLM	- 0.78	CSWC
PSEC	- 0.72	GOF
CRF	- 0.72	CSWC
XFLT	- 0.67	CSWC

Risk-Adjusted Indicators

There is a big difference between Oxford Stock performing well and Oxford Lane 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 Oxford Lane'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
CSWC	0.81	(0.20)	0.00	(0.24)	0.00	0.00	1.39	(1.72)	8.58
XFLT	0.37	0.02	(0.06)	0.29	0.86	(0.39)	0.87	(0.58)	5.89
CRF	0.88	0.16	0.05	0.36	1.76	(0.97)	1.94	(1.32)	10.78
CLM	0.79	0.21	0.08	0.46	1.41	(0.97)	1.82	(0.76)	9.47
GOF	0.36	0.05	(0.07)	0.50	0.44	(0.37)	0.98	(0.58)	3.00
RA	0.36	0.02	(0.14)	0.21	0.38	(0.41)	0.83	(0.83)	2.06
ECC	0.55	(0.07)	0.00	(0.28)	0.00	0.00	1.30	(1.51)	3.33
SCM	0.49	0.06	(0.05)	1.11	0.63	(0.55)	1.23	(1.30)	4.52
PSEC	1.29	(0.22)	0.00	(0.73)	0.00	0.00	2.36	(2.53)	17.15

Oxford Lane Corporate Management

Gerald Cummins	Chief Compliance Officer	Profile
Vincent Gurrera	Controller Finance	Profile
Debdeep Maji	Managing Mang	Profile
Joseph Kupka	LLC Funds	Profile
Christian Mascarinas	LLC Funds	Profile

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