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Last Update: 06-Dec-2024, 18:03 CST

SLM Correlation Report

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Correlation Plot    ExplainYTD: SLM  41.2 %  vs. SPX  27.7 % 
SLM Corporation

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

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

0.204

-0.027

3.47

0

0.1

53.3
* Last 60 market days. SLM relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankSLM CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.719 Subscribe first then Login to view complete reports now

0.311

-0.081

2.71
2
1
0.711 Subscribe first then Login to view complete reports now

0.362

0.091

2.15
3
3
0.706 Subscribe first then Login to view complete reports now

0.288

-0.201

2.75
4
8
0.695 Subscribe first then Login to view complete reports now

0.341

-0.283

2.70
5
6
0.685 HWC - Hancock Whitney Corporation

0.392

-0.235

2.82
Least Correlated Non-ETF Securities:
RankSLM CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
133
0.000 Subscribe first then Login to view complete reports now

0.111

-0.575

3.70
2
167
0.000 Subscribe first then Login to view complete reports now

0.079

0.139

8.44
3
589
0.000 Subscribe first then Login to view complete reports now

0.184

-0.845

7.03
4
82
0.000 Subscribe first then Login to view complete reports now

0.136

-0.949

4.93
5
150
0.000 TASK - TaskUs Inc.

0.345

-0.309

3.84
Most Anti-Correlated Non-ETF Securities:
RankSLM CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
1
-0.343 Subscribe first then Login to view complete reports now

0.036

-0.016

0.39
2
5
-0.329 Subscribe first then Login to view complete reports now

0.099

-1.294

4.76
3
1
-0.305 Subscribe first then Login to view complete reports now

0.143

-0.028

4.63
4
3
-0.293 Subscribe first then Login to view complete reports now

-0.115

0.746

-8.52
5
2
-0.271 ACRS - Aclaris Therapeutics Inc.

0.233

0.296

7.37




 

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