Velocity Financial Correlations
| VEL Stock | USD 16.94 0.18 1.05% |
The current 90-days correlation between Velocity Financial Llc and Guild Holdings Co is 0.05 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Velocity Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Velocity Financial Llc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Velocity Financial Correlation With Market
Good diversification
The correlation between Velocity Financial Llc and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Velocity Financial Llc and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Velocity Stock
| 0.77 | DHIL | Diamond Hill Investment | PairCorr |
| 0.85 | DX | Dynex Capital | PairCorr |
| 0.62 | LX | Lexinfintech Holdings | PairCorr |
| 0.71 | WD | Walker Dunlop | PairCorr |
| 0.76 | WU | Western Union | PairCorr |
| 0.63 | VRTS | Virtus Investment | PairCorr |
Moving against Velocity Stock
| 0.55 | DIST | Distoken Acquisition | PairCorr |
| 0.65 | EMCGR | Embrace Change Acqui | PairCorr |
| 0.43 | DMYY | dMY Squared Technology | PairCorr |
| 0.39 | DYCQ | DT Cloud Acquisition | PairCorr |
| 0.39 | EMCGW | Embrace Change Acqui | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Velocity Stock performing well and Velocity Financial 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 Velocity Financial'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GHLD | 2.59 | 0.17 | 0.09 | 37.18 | 3.09 | 5.11 | 24.49 | |||
| OCN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| COOP | 2.02 | 0.11 | 0.11 | (0.33) | 2.65 | 5.01 | 24.21 | |||
| ECPG | 2.89 | (0.29) | 0.00 | (0.29) | 0.00 | 4.43 | 24.66 | |||
| CNF | 3.48 | (0.57) | 0.00 | (6.41) | 0.00 | 10.00 | 24.79 | |||
| HMPT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SNFCA | 1.90 | (0.24) | 0.00 | (2.69) | 0.00 | 3.72 | 14.15 | |||
| PFSI | 1.72 | (0.26) | 0.00 | 0.68 | 0.00 | 3.45 | 11.09 | |||
| UWMC | 2.38 | (0.43) | 0.00 | 0.67 | 0.00 | 4.53 | 19.07 |
Velocity Financial Corporate Management
| Roland JD | General Officer | Profile | |
| Graham Comley | Chief LLC | Profile | |
| Dorika Beckett | Independent Director | Profile | |
| Roland Kelly | General Officer | Profile | |
| Joy Schaefer | Independent Director | Profile |