Sterling Capital Correlations

Mutual Funds . USA . 
Fund . Sterling Capital Behavioral
BCVCX Fund  USD 29.80  0.02  0.07%   
The current 90-days correlation between Sterling Capital Beh and Calvert High Yield is -0.1 (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

Very poor diversification

The correlation between Sterling Capital Behavioral and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sterling Capital Behavioral 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 Behavioral. 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 main economic indicators.

Moving together with Sterling Mutual Fund

  0.82BAEIX Sterling Capital EquityPairCorr
  0.82STREX Sterling Capital EquityPairCorr
  0.88STRAX Stralem EquityPairCorr
  0.76STRMX Sterling Capital MidPairCorr
  1.0BBISX Sterling Capital BehPairCorr
  0.83BBTGX Sterling Capital BehPairCorr
  0.77OVEIX Sterling Capital MidPairCorr
  0.75OVECX Sterling Capital MidPairCorr
  0.77OVEAX Sterling Capital MidPairCorr
  0.8BCEGX Sterling Capital EquityPairCorr

Related Correlations Analysis

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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.

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