Correlation Between Oxford Lane and Ratos AB
Can any of the company-specific risk be diversified away by investing in both Oxford Lane and Ratos AB 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 Oxford Lane and Ratos AB into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Oxford Lane Capital and Ratos AB, you can compare the effects of market volatilities on Oxford Lane and Ratos AB 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 Oxford Lane with a short position of Ratos AB. Check out your portfolio center. Please also check ongoing floating volatility patterns of Oxford Lane and Ratos AB.
Diversification Opportunities for Oxford Lane and Ratos AB
-0.51 | Correlation Coefficient |
Excellent diversification
The 3 months correlation between Oxford and Ratos is -0.51. Overlapping area represents the amount of risk that can be diversified away by holding Oxford Lane Capital and Ratos AB in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Ratos AB and Oxford Lane 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 Oxford Lane Capital are associated (or correlated) with Ratos AB. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Ratos AB has no effect on the direction of Oxford Lane i.e., Oxford Lane and Ratos AB go up and down completely randomly.
Pair Corralation between Oxford Lane and Ratos AB
If you would invest 360.00 in Ratos AB on September 13, 2025 and sell it today you would earn a total of 0.00 from holding Ratos AB or generate 0.0% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Against |
| Strength | Very Weak |
| Accuracy | 1.59% |
| Values | Daily Returns |
Oxford Lane Capital vs. Ratos AB
Performance |
| Timeline |
| Oxford Lane Capital |
| Ratos AB |
Risk-Adjusted Performance
Weakest
Weak | Strong |
Oxford Lane and Ratos AB Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Oxford Lane and Ratos AB
The main advantage of trading using opposite Oxford Lane and Ratos AB positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Oxford Lane position performs unexpectedly, Ratos AB 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 Ratos AB will offset losses from the drop in Ratos AB's long position.| Oxford Lane vs. Central Securities | Oxford Lane vs. General American Investors | Oxford Lane vs. FS Credit Opportunities | Oxford Lane vs. Tri Continental Closed |
| Ratos AB vs. Guardian Capital Group | Ratos AB vs. Uniteds Limited | Ratos AB vs. Draper Esprit plc | Ratos AB vs. IOOF Holdings |
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Complementary Tools
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |