Crescent Capital Correlations

CCAP Stock

USD 14.54 0.13 0.90%

The current 90-days correlation between Crescent Capital BDC and BlackRock TCP Capital is 0.46 (i.e., Very weak diversification). The correlation of Crescent Capital 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Crescent Capital Correlation With Market

Modest diversification

The correlation between Crescent Capital BDC and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crescent Capital BDC and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Crescent Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Capital BDC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Crescent Stock

0.81

PSEC

Prospect Capital

Pair Corr

Moving against Crescent Stock

0.66	TPVG	Triplepoint Venture	Pair Corr
0.64	TSLX	Sixth Street Specialty	Pair Corr
0.62	MAIN	Main Street Capital	Pair Corr
0.6	GAIN	Gladstone Investment	Pair Corr
0.58	GS	Goldman Sachs Group	Pair Corr
0.57	OPFI	OppFi Inc	Pair Corr
0.56	ALLY	Ally Financial	Pair Corr
0.55	C	Citigroup Aggressive Push	Pair Corr
0.52	CSWC	Capital Southwest	Pair Corr
0.52	L	Loews Corp Earnings Call This Week	Pair Corr
0.51	BK	Bank of New York	Pair Corr
0.5	GLAD	Gladstone Capital	Pair Corr
0.5	HTGC	Hercules Capital	Pair Corr
0.5	ARCC	Ares Capital Earnings Call This Week	Pair Corr
0.5	AC	Associated Capital	Pair Corr
0.49	SCM	Stellus Capital Inve	Pair Corr
0.48	AXP	American Express	Pair Corr
0.47	PFLT	PennantPark Floating Rate	Pair Corr
0.45	COF	Capital One Financial Earnings Call Today	Pair Corr
0.45	DHIL	Diamond Hill Investment	Pair Corr
0.44	PYPL	PayPal Holdings Earnings Call This Week	Pair Corr
0.44	BN	Brookfield Corp	Pair Corr
0.43	AX	Axos Financial Earnings Call This Week	Pair Corr
0.73	TD	Toronto Dominion Bank	Pair Corr
0.7	KB	KB Financial Group	Pair Corr
0.64	IX	Orix Corp Ads	Pair Corr
0.63	RY	Royal Bank	Pair Corr
0.6	CM	Canadian Imperial Bank	Pair Corr
0.56	HG	Hamilton Insurance Group,	Pair Corr
0.56	MS	Morgan Stanley	Pair Corr
0.51	DB	Deutsche Bank AG Earnings Call This Week	Pair Corr
0.5	CG	Carlyle Group Earnings Call This Week	Pair Corr
0.49	SF	Stifel Financial Earnings Call Today	Pair Corr
0.47	RF	Regions Financial Normal Trading	Pair Corr

Related Correlations Analysis

	TCPC	TPVG	TSLX	GBDC	NMFC	FDUS	CGBD	WHF	MRCC	PTMN
TCPC		0.92	0.92	0.92	0.96	0.89	-0.28	-0.59	-0.74	0.66	TCPC
TPVG	0.92		0.98	0.89	0.87	0.93	-0.1	-0.49	-0.56	0.64	TPVG
TSLX	0.92	0.98		0.9	0.9	0.97	-0.1	-0.5	-0.57	0.75	TSLX
GBDC	0.92	0.89	0.9		0.93	0.93	-0.08	-0.5	-0.64	0.64	GBDC
NMFC	0.96	0.87	0.9	0.93		0.89	-0.25	-0.58	-0.73	0.7	NMFC
FDUS	0.89	0.93	0.97	0.93	0.89		0.03	-0.45	-0.54	0.77	FDUS
CGBD	-0.28	-0.1	-0.1	-0.08	-0.25	0.03		0.57	0.55	0.07	CGBD
WHF	-0.59	-0.49	-0.5	-0.5	-0.58	-0.45	0.57		0.85	-0.29	WHF
MRCC	-0.74	-0.56	-0.57	-0.64	-0.73	-0.54	0.55	0.85		-0.36	MRCC
PTMN	0.66	0.64	0.75	0.64	0.7	0.77	0.07	-0.29	-0.36		PTMN
	TCPC	TPVG	TSLX	GBDC	NMFC	FDUS	CGBD	WHF	MRCC	PTMN

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

TSLX	+ 0.98	TPVG
FDUS	+ 0.97	TSLX
NMFC	+ 0.96	TCPC
FDUS	+ 0.93	TPVG
NMFC	+ 0.93	GBDC
FDUS	+ 0.93	GBDC

High negative correlations

MRCC	- 0.74	TCPC
MRCC	- 0.73	NMFC
MRCC	- 0.64	GBDC
WHF	- 0.59	TCPC
WHF	- 0.58	NMFC
MRCC	- 0.57	TSLX

Risk-Adjusted Indicators

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

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TCPC	1.15	0.19	0.08	0.61	1.10	(1.33)	2.55	(1.91)	10.54
TPVG	1.54	0.39	0.12	(1.54)	1.52	(1.74)	3.59	(2.70)	11.08
TSLX	0.78	0.39	0.19	(1.81)	0.63	(0.91)	1.74	(1.66)	4.63
GBDC	0.83	0.10	0.02	0.35	1.01	(0.86)	1.90	(1.89)	5.07
NMFC	0.92	0.14	0.07	0.40	0.85	(1.08)	2.29	(1.82)	6.31
FDUS	0.87	0.34	0.18	(2.03)	0.66	(1.02)	1.87	(1.30)	5.04
CGBD	1.02	0.07	(0.06)	(0.10)	1.49	(1.10)	2.09	(3.15)	6.80
WHF	0.94	(0.05)	0.00	(0.14)	0.00	0.00	2.14	(2.24)	6.24
MRCC	1.20	(0.12)	0.00	0.91	0.00	0.00	2.08	(2.20)	6.93
PTMN	0.98	0.15	0.02	1.81	0.82	(1.20)	2.26	(1.70)	8.53

Crescent Capital Corporate Management

Daniel McMahon	Senior Relations	Profile
Gerhard Lombard	Chief Officer	Profile
Erik Barrios	Chief Officer	Profile
Raymond Barrios	Managing Director	Profile
George JD	Secretary Counsel	Profile
Kirill Bouek	Controller	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC