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Last Update: 08-Aug-2020, 07:00 CST

ELVT Correlation Report

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Correlation Plot    ExplainYTD: ELVT  -42.0 %  vs. SPX  3.7 % 
Elevate Credit Inc.

* Correlation: MODEST* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: MODEST* Risk: EXTREMELY HIGH

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.328

-1.687

6.91

-26

1.9

45.0
* Last 60 market days. ELVT relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankELVT CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.702 Subscribe first then Login to view complete reports now

0.514

-2.802

6.80
2
0.689 Subscribe first then Login to view complete reports now

0.632

0.615

4.73
3
0.684 Subscribe first then Login to view complete reports now

0.652

-0.646

3.40
4
2
0.674 Subscribe first then Login to view complete reports now

0.552

-0.249

4.02
5
1
0.673 CUK - Carnival Plc ADS ADS

0.615

-2.541

6.56
Least Correlated Non-ETF Securities:
RankELVT CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
28
0.000 Subscribe first then Login to view complete reports now

0.217

-2.688

5.15
2
131
0.000 Subscribe first then Login to view complete reports now

0.253

-0.888

5.86
3
42
0.000 Subscribe first then Login to view complete reports now

0.052

-0.538

4.66
4
1
0.000 Subscribe first then Login to view complete reports now

0.208

-3.125

6.92
5
92
-0.001 TSCO - Tractor Supply Company

0.071

-0.127

1.60
Most Anti-Correlated Non-ETF Securities:
RankELVT CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.518 Subscribe first then Login to view complete reports now

-0.048

0.043

-0.13
2
-0.415 Subscribe first then Login to view complete reports now

-0.535

0.040

-0.43
3
1
-0.370 Subscribe first then Login to view complete reports now

-0.376

0.060

-0.30
4
1
-0.368 Subscribe first then Login to view complete reports now

-0.005

2.020

-4.25
5
2
-0.361 USDAUD - US Dollar Australian Dollar

-0.473

0.001

-0.61




 

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