Correlation Between Ratos AB and Oxford Lane
Can any of the company-specific risk be diversified away by investing in both Ratos AB and Oxford Lane 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 Ratos AB and Oxford Lane into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Ratos AB and Oxford Lane Capital, you can compare the effects of market volatilities on Ratos AB and Oxford Lane 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 Ratos AB with a short position of Oxford Lane. Check out your portfolio center. Please also check ongoing floating volatility patterns of Ratos AB and Oxford Lane.
Diversification Opportunities for Ratos AB and Oxford Lane
-0.51 | Correlation Coefficient |
Excellent diversification
The 3 months correlation between Ratos and Oxford is -0.51. Overlapping area represents the amount of risk that can be diversified away by holding Ratos AB and Oxford Lane Capital in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Oxford Lane Capital and Ratos AB 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 Ratos AB are associated (or correlated) with Oxford Lane. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Oxford Lane Capital has no effect on the direction of Ratos AB i.e., Ratos AB and Oxford Lane go up and down completely randomly.
Pair Corralation between Ratos AB and Oxford Lane
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 |
Ratos AB vs. Oxford Lane Capital
Performance |
| Timeline |
| Ratos AB |
Risk-Adjusted Performance
Weakest
Weak | Strong |
| Oxford Lane Capital |
Ratos AB and Oxford Lane Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Ratos AB and Oxford Lane
The main advantage of trading using opposite Ratos AB and Oxford Lane positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Ratos AB position performs unexpectedly, Oxford Lane 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 Oxford Lane will offset losses from the drop in Oxford Lane's long position.| Ratos AB vs. Guardian Capital Group | Ratos AB vs. Uniteds Limited | Ratos AB vs. Draper Esprit plc | Ratos AB vs. IOOF Holdings |
| Oxford Lane vs. Central Securities | Oxford Lane vs. General American Investors | Oxford Lane vs. FS Credit Opportunities | Oxford Lane vs. Tri Continental Closed |
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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