Navient Corp Correlations

NAVI Stock  USD 14.13  0.26  1.81%   
The current 90-days correlation between Navient Corp and FirstCash is 0.3 (i.e., Weak diversification). The correlation of Navient Corp 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.

Navient Corp Correlation With Market

Very weak diversification

The correlation between Navient Corp and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Navient Corp and DJI in the same portfolio, assuming nothing else is changed.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navient Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in Navient Stock please use our How to Invest in Navient Corp guide.

Moving together with Navient Stock

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Moving against Navient Stock

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Risk-Adjusted Indicators

There is a big difference between Navient Stock performing well and Navient Corp 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 Navient Corp'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.

Navient Corp Corporate Management

Mike SmithSenior OfficerProfile
Patricia ChristelVP CEOProfile
Robert CrawfordSenior ControllerProfile
Mark HeleenChief Legal Officer and Corporate SecretaryProfile
Paul HartwickVice CommunicationsProfile
Joe CFACFO VPProfile
Judah HollandSenior InitiativesProfile