Bbh Select Correlations
| BBLIX Fund | USD 16.28 0.23 1.43% |
The current 90-days correlation between Bbh Select Series and Victory Incore Investment is 0.63 (i.e., Poor diversification). The correlation of Bbh Select 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 Select Correlation With Market
Very weak diversification
The correlation between Bbh Select Series and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bbh Select Series and DJI in the same portfolio, assuming nothing else is changed.
Bbh |
Moving together with Bbh Mutual Fund
| 0.75 | BBINX | Bbh Intermediate Mun | PairCorr |
| 0.72 | BBIIX | Bbh Intermediate Mun | PairCorr |
| 0.79 | BBMIX | Bbh Select Series | PairCorr |
| 0.73 | BBNIX | Bbh Income Fund | PairCorr |
| 0.76 | FAFGX | American Funds | PairCorr |
| 0.76 | FFAFX | American Funds | PairCorr |
| 0.75 | GFACX | Growth Fund | PairCorr |
| 0.76 | GFAFX | Growth Fund | PairCorr |
| 0.76 | CGFFX | Growth Fund | PairCorr |
| 0.75 | CGFCX | Growth Fund | PairCorr |
| 0.76 | CGFAX | Growth Fund | PairCorr |
| 0.76 | CGFEX | Growth Fund | PairCorr |
| 0.76 | RGAEX | Growth Fund | PairCorr |
| 0.84 | BRUFX | Bruce Fund Bruce | PairCorr |
| 0.72 | MDIJX | Mfs International | PairCorr |
| 0.75 | HLDRX | Hartford Emerging | PairCorr |
| 0.81 | POVSX | Putnam International | PairCorr |
| 0.65 | CLGAX | Future Scholar 529 | PairCorr |
| 0.67 | ECEMX | Parametric Emerging | PairCorr |
| 0.77 | MRSGX | Mfs Research Interna | PairCorr |
| 0.86 | MQGIX | Mfs International Growth | PairCorr |
| 0.77 | VPISX | Voya Index Solution | PairCorr |
Related Correlations Analysis
| 0.07 | 0.78 | 0.0 | 0.89 | 0.89 | VICIX | ||
| 0.07 | 0.4 | 0.0 | -0.09 | 0.28 | FLXIX | ||
| 0.78 | 0.4 | 0.0 | 0.8 | 0.95 | PCGYX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | PCNBX | ||
| 0.89 | -0.09 | 0.8 | 0.0 | 0.89 | FCVSX | ||
| 0.89 | 0.28 | 0.95 | 0.0 | 0.89 | CNSDX | ||
| 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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Bbh Mutual Fund performing well and Bbh Select 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 Select'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VICIX | 0.30 | (0.03) | 0.00 | (0.16) | 0.00 | 0.50 | 2.02 | |||
| FLXIX | 0.11 | 0.01 | 0.11 | 0.04 | 0.09 | 0.19 | 0.87 | |||
| PCGYX | 0.52 | (0.03) | 0.00 | (0.10) | 0.00 | 0.93 | 3.14 | |||
| PCNBX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FCVSX | 0.68 | (0.10) | 0.00 | (0.26) | 0.00 | 0.97 | 5.06 | |||
| CNSDX | 0.52 | (0.05) | 0.00 | (0.17) | 0.00 | 0.83 | 3.12 |