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Table 1 Spearman correlation between the centrality measures and the out of sample risk and Sharpe ratio

From: Partial correlation financial networks

Sharpe RatioDegreeEigenvector
Correlation0.1560.148
Partial Correlation0.1290.131
Risk  
Correlation-0.189-0.175
Partial Correlation-0.145-0.156
  1. In all situations there is a positive relationship between centrality and Sharpe ratio, and a negative relationship between centrality and out of sample risk. All relationships are statistically significant at p<0.05 but the correlation is relatively mild