SAR SARATOGA INVESTMENT CORP. NEW

Last close: 12.96
504-day return: -23.58%
Median $/day: $2.0M
Relationships shown: 12

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

SAR vs PBDC

Both indexed to 100 at 2026-05-11.

SAR PBDC · range 64–108 · 2026-05-11 → 2026-11-06

Moves with SAR

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

PBDC Putnam BDC Income ETF

ρ +0.64beyond mkt +0.49holdout +0.70stable 100%robust

VPC Virtus Private Credit Strategy ETF

ρ +0.62beyond mkt +0.48holdout +0.69stable 100%robust

TCPC BlackRock TCP Capital Corp. Common Stock

ρ +0.56beyond mkt +0.44holdout +0.64stable 100%robust

FDUS Fidus Investment Corporation Common Stock

ρ +0.59beyond mkt +0.44holdout +0.62stable 100%robust

SLRC SLR Investment Corp. Common Stock

ρ +0.59beyond mkt +0.44holdout +0.61stable 100%robust

PFLT PennantPark Floating Rate Capital Ltd.

ρ +0.59beyond mkt +0.43holdout +0.67stable 100%robust

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

QVMT Invesco S&P 500 Concentrated QVM ETF

horizon 10dρ +0.53holdout +0.43stable 75%robust

PAL Proficient Auto Logistics, Inc. Common Stock

horizon 10dρ +0.52holdout +0.31stable 88%robust

IYZ iShares U.S. Telecommunications ETF

horizon 10dρ +0.41holdout +0.34stable 88%robust

FWRD Forward Air Corporation Common Stock

horizon 10dρ +0.36holdout +0.41stable 62%moderate

XRX Xerox Holdings Corporation Common Stock

horizon 5dρ +0.34holdout +0.36stable 75%robust

MCB Metropolitan Bank Holding Corp. Common Stock, $0.01 par value per share

horizon 5dρ +0.34holdout +0.25stable 88%robust

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

SEGG Sports Entertainment Gaming Global Corporation Common Stock

Δ -0.50recent -0.32prior +0.18beyond mkt +0.04

AIN Albany International Corp Class A

Δ -0.47recent -0.16prior +0.31beyond mkt +0.01

OPY Oppenheimer Holdings, Inc.

Δ -0.47recent -0.10prior +0.37beyond mkt +0.05

PAYO Payoneer Global Inc. Common Stock

Δ -0.46recent -0.15prior +0.30beyond mkt +0.02

HBAN Huntington Bancshares Incorporated Common Stock

Δ -0.44recent -0.03prior +0.41beyond mkt +0.02

MCB Metropolitan Bank Holding Corp. Common Stock, $0.01 par value per share

Δ -0.44recent -0.09prior +0.35beyond mkt -0.07

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
KBWD Invesco Exchange-Traded Fund Trust II Invesco KBW High Dividend Yield Financial ETF	+0.37	+0.57	18
VPC Virtus Private Credit Strategy ETF	+0.48	+0.62	26
MFIC MidCap Financial Investment Corporation Common Stock	+0.43	+0.59	26
PBDC Putnam BDC Income ETF	+0.49	+0.64	27
TCPC BlackRock TCP Capital Corp. Common Stock	+0.44	+0.56	27
FDUS Fidus Investment Corporation Common Stock	+0.44	+0.59	27