Correlation Between Atlanticus Holdings and Regional Management
Can any of the company-specific risk be diversified away by investing in both Atlanticus Holdings and Regional Management at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Atlanticus Holdings and Regional Management into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Atlanticus Holdings and Regional Management Corp, you can compare the effects of market volatilities on Atlanticus Holdings and Regional Management and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Atlanticus Holdings with a short position of Regional Management. Check out your portfolio center. Please also check ongoing floating volatility patterns of Atlanticus Holdings and Regional Management.
Diversification Opportunities for Atlanticus Holdings and Regional Management
0.55 | Correlation Coefficient |
Very weak diversification
The 3 months correlation between Atlanticus and Regional is 0.55. Overlapping area represents the amount of risk that can be diversified away by holding Atlanticus Holdings and Regional Management Corp in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Regional Management Corp and Atlanticus Holdings is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Atlanticus Holdings are associated (or correlated) with Regional Management. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Regional Management Corp has no effect on the direction of Atlanticus Holdings i.e., Atlanticus Holdings and Regional Management go up and down completely randomly.
Pair Corralation between Atlanticus Holdings and Regional Management
Given the investment horizon of 90 days Atlanticus Holdings is expected to generate 1.17 times more return on investment than Regional Management. However, Atlanticus Holdings is 1.17 times more volatile than Regional Management Corp. It trades about 0.14 of its potential returns per unit of risk. Regional Management Corp is currently generating about 0.02 per unit of risk. If you would invest 5,476 in Atlanticus Holdings on October 10, 2025 and sell it today you would earn a total of 1,373 from holding Atlanticus Holdings or generate 25.07% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Weak |
| Accuracy | 100.0% |
| Values | Daily Returns |
Atlanticus Holdings vs. Regional Management Corp
Performance |
| Timeline |
| Atlanticus Holdings |
| Regional Management Corp |
Atlanticus Holdings and Regional Management Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Atlanticus Holdings and Regional Management
The main advantage of trading using opposite Atlanticus Holdings and Regional Management positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Atlanticus Holdings position performs unexpectedly, Regional Management can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Regional Management will offset losses from the drop in Regional Management's long position.| Atlanticus Holdings vs. Lexinfintech Holdings | Atlanticus Holdings vs. Barings BDC | Atlanticus Holdings vs. World Acceptance | Atlanticus Holdings vs. Nerdwallet |
| Regional Management vs. Atlanticus Holdings | Regional Management vs. Runway Growth Finance | Regional Management vs. First Bank | Regional Management vs. Carter Bank and |
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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