Bbh Intermediate Correlations

Mutual Funds . USA . 
Fund . Bbh Intermediate Municipal
BBINX Fund  USD 10.29  0.01  0.1%   
The current 90-days correlation between Bbh Intermediate Mun and Harbor Vertible Securities is -0.05 (i.e., Good diversification). The correlation of Bbh Intermediate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Bbh Intermediate Correlation With Market

Good diversification

The correlation between Bbh Intermediate Municipal and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bbh Intermediate Municipal and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bbh Intermediate Municipal. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Bbh Mutual Fund

  0.92VWITX Vanguard Intermediate-terPairCorr
  0.94VWIUX Vanguard IntermediatePairCorr
  0.86AFTEX Tax Exempt BondPairCorr
  0.91AFTFX Tax Exempt BondPairCorr
  0.88TEBCX Tax Exempt BondPairCorr
  0.91TEAFX Tax Exempt BondPairCorr
  0.91TFEBX Tax Exempt BondPairCorr
  0.93FLTMX Fidelity IntermediatePairCorr
  0.88MDNLX Blackrock NationalPairCorr
  0.84MFNLX Blackrock Natl MuniPairCorr
  0.66NHS Neuberger Berman HighPairCorr
  0.73DIEFX Destinations InternationalPairCorr
  0.72PZVNX Pzena International ValuePairCorr
  0.77SHDAX Legg Mason WesternPairCorr
  0.83PDVAX Diversified IncomePairCorr
  0.71REIFX Rems International RealPairCorr
  0.67BSIIX Blackrock StrategicPairCorr
  0.64TIERX Tiaa Cref InternationalPairCorr
  0.7EISAX Eagle International StockPairCorr
  0.84HWDCX Hartford WorldPairCorr
  0.65MISAX Victory TrivalentPairCorr

Moving against Bbh Mutual Fund

  0.38SHRMX Stone Ridge HighPairCorr

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   
CICVX
+ 0.97
HICSX
WEICX
+ 0.95
HICSX
CNSCX
+ 0.95
CICVX
CNSCX
+ 0.93
HICSX
WEICX
+ 0.9
CICVX
VICIX
+ 0.86
CNSCX
  
High negative correlations   
PCNBX
- 0.0
ARBOX
PCNBX
- 0.0
VICIX
PCNBX
- 0.0
WEICX
PCNBX
- 0.0
CNSCX
PCNBX
- 0.0
CICVX
PCNBX
- 0.0
HICSX

Risk-Adjusted Indicators

There is a big difference between Bbh Mutual Fund performing well and Bbh Intermediate Mutual Fund 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 Bbh Intermediate'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY