Capital One Correlations

Preferred Stocks . USA . 
Preferred Stock . Capital One Financial
COF-PJ Preferred Stock  USD 18.66  0.05  0.27%   
The current 90-days correlation between Capital One Financial and Capital One Financial is 0.85 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Capital One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capital One Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Capital One Correlation With Market

Very weak diversification

The correlation between Capital One Financial and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Capital One Financial and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Capital One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capital One when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Capital One - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Capital One Financial to buy it.

Moving together with Capital Preferred Stock

  0.82IX Orix Corp AdsPairCorr
  0.87LC LendingClub Corp Earnings Call This WeekPairCorr
  0.85QD Qudian IncPairCorr
  0.93SYF-PA Synchrony FinancialPairCorr
  0.87SYF-PB Synchrony FinancialPairCorr
  0.86ENVA Enova International Earnings Call TomorrowPairCorr
  0.79WRLD World Acceptance Earnings Call TomorrowPairCorr
  0.86FINV FinVolution GroupPairCorr
  0.87BFH Bread Financial Holdings Earnings Call TodayPairCorr
  0.84FOA Finance of America Normal TradingPairCorr
  0.74NNI Nelnet IncPairCorr
  0.86OMF OneMain Holdings Earnings Call This WeekPairCorr
  0.64SLM SLM CorpPairCorr
  0.87SYF Synchrony FinancialPairCorr
  0.72GDOT Green DotPairCorr
  0.69XYF X Financial ClassPairCorr
  0.77LMFA LM Funding America TrendingPairCorr
  0.79LPRO Open Lending CorpPairCorr
  0.67MFIN Medallion Financial Corp Earnings Call This WeekPairCorr
  0.86NAVI Navient CorpPairCorr
  0.79OBDC Blue Owl CapitalPairCorr

Moving against Capital Preferred Stock

  0.72DXF Eason TechnologyPairCorr
  0.66WU Western Union Earnings Call This WeekPairCorr
  0.32LX Lexinfintech Holdings Sell-off TrendPairCorr
  0.54NISN Nisun InternationalPairCorr
  0.44ATLCP Atlanticus Holdings CorpPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Capital Preferred Stock performing well and Capital One 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 Capital One'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Capital One without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

Capital One Corporate Management

Sanjiv YajnikPres ServicesProfile
Jeff NorrisGlobal SVPProfile
Richard FairbankChairman, FounderProfile
Tatiana SteadDirector CommunicationsProfile
Michael WassmerPres CardProfile
JD IIIChief CEOProfile
Robert AlexanderChief OfficerProfile
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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY