Sterling Capital Correlations

Mutual Funds . USA . 
Fund . Sterling Capital Equity
BCEGX Fund  USD 21.75  0.16  0.73%   
The current 90-days correlation between Sterling Capital Equity and Delaware Investments Ultrashort is -0.01 (i.e., Good diversification). The correlation of Sterling Capital 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.

Sterling Capital Correlation With Market

Modest diversification

The correlation between Sterling Capital Equity and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sterling Capital Equity 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 Sterling Capital Equity. 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 price.

Moving together with Sterling Mutual Fund

  0.98STSOX Sterling Capital StrattonPairCorr
  0.97STSNX Sterling Capital StrattonPairCorr
  0.75STREX Sterling Capital EquityPairCorr
  0.9STRBX Sterling Capital BehPairCorr
  0.97STRNX Sterling Capital StrattonPairCorr
  0.75STRMX Sterling Capital MidPairCorr
  0.97STRLX Sterling Capital StrattonPairCorr
  0.97SCSIX Sentinel Multi AssetPairCorr
  0.99OVECX Sterling Capital MidPairCorr
  0.76OVEAX Sterling Capital MidPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Sterling Mutual Fund performing well and Sterling Capital 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 Sterling Capital'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