Brandes Core Correlations
BCPAX Fund | USD 8.31 0.01 0.12% |
The current 90-days correlation between Brandes E Plus and Calvert Bond Portfolio is 0.13 (i.e., Average diversification). The correlation of Brandes Core 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.
Brandes Core Correlation With Market
Average diversification
The correlation between Brandes E Plus and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brandes E Plus and DJI in the same portfolio, assuming nothing else is changed.
Brandes |
Moving together with Brandes Mutual Fund
0.93 | BCPRX | Brandes E Plus | PairCorr |
0.92 | BCPIX | Brandes E Plus | PairCorr |
0.77 | BEMIX | Brandes Emerging Markets | PairCorr |
0.76 | BEMCX | Brandes Emerging Markets | PairCorr |
0.77 | BEMAX | Brandes Emerging Markets | PairCorr |
0.73 | BEMRX | Brandes Emerging Markets | PairCorr |
0.83 | BGEAX | Brandes Global Equity | PairCorr |
0.8 | BGVIX | Brandes Global Equity | PairCorr |
0.86 | BGVCX | Brandes Global Equity | PairCorr |
0.88 | BIERX | Brandes International | PairCorr |
0.88 | BIECX | Brandes International | PairCorr |
0.86 | BIEAX | Brandes International | PairCorr |
0.91 | BIIEX | Brandes International | PairCorr |
0.87 | BINCX | Brandes International | PairCorr |
0.78 | BISMX | Brandes International | PairCorr |
0.87 | BISAX | Brandes International | PairCorr |
0.78 | BISRX | Brandes International | PairCorr |
0.9 | SMARX | Brandes Separately | PairCorr |
0.9 | MWTNX | Metropolitan West Total | PairCorr |
0.91 | MWTSX | Metropolitan West Total | PairCorr |
0.92 | PTTPX | Pimco Total Return | PairCorr |
0.92 | PTRRX | Total Return | PairCorr |
0.92 | PTRAX | Total Return | PairCorr |
0.92 | PTTRX | Total Return | PairCorr |
0.93 | FIWGX | Strategic Advisers | PairCorr |
0.94 | DODIX | Dodge Income | PairCorr |
0.91 | MWTIX | Metropolitan West Total | PairCorr |
0.93 | MWTRX | Metropolitan West Total | PairCorr |
0.81 | VTISX | Vanguard Total Inter | PairCorr |
0.81 | VTSNX | Vanguard Total Inter | PairCorr |
0.81 | VTPSX | Vanguard Total Inter | PairCorr |
Related Correlations Analysis
1.0 | 0.95 | 0.96 | 0.96 | CSBCX | ||
1.0 | 0.94 | 0.96 | 0.94 | BMOPX | ||
0.95 | 0.94 | 0.97 | 0.93 | CBOCX | ||
0.96 | 0.96 | 0.97 | 0.92 | URIBX | ||
0.96 | 0.94 | 0.93 | 0.92 | ABNCX | ||
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Risk-Adjusted Indicators
There is a big difference between Brandes Mutual Fund performing well and Brandes Core 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 Brandes Core'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
CSBCX | 0.23 | 0.00 | 0.29 | (0.10) | 0.25 | 0.49 | 1.42 | |||
BMOPX | 0.24 | 0.00 | 0.26 | (0.18) | 0.27 | 0.55 | 1.36 | |||
CBOCX | 0.17 | 0.00 | 0.41 | (0.05) | 0.16 | 0.40 | 0.81 | |||
URIBX | 0.24 | (0.01) | 0.28 | 0.12 | 0.25 | 0.55 | 1.45 | |||
ABNCX | 0.15 | 0.01 | 0.47 | 0.28 | 0.11 | 0.30 | 0.90 |