Carillon Chartwell Correlations

BERGX Fund

13.55 0.02 0.15%

The current 90-days correlation between Carillon Chartwell Real and Fidelity Advisor Energy is 0.35 (i.e., Weak diversification). The correlation of Carillon Chartwell 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.

Carillon Chartwell Correlation With Market

Very weak diversification

The correlation between Carillon Chartwell Real and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carillon Chartwell Real 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 Carillon Chartwell Real. 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 Carillon Mutual Fund

0.85	CWFCX	Carillon Chartwell Short	Pair Corr
0.96	CWFAX	Chartwell Short Duration	Pair Corr
0.96	CWFRX	Carillon Chartwell Short	Pair Corr
0.68	SCCIX	Scout E Bond	Pair Corr
0.79	SUBTX	Carillon Reams Uncon	Pair Corr
0.89	SUBDX	Carillon Reams Uncon	Pair Corr
0.89	SUBFX	Scout Unconstrained Bond	Pair Corr
0.89	SUBEX	Carillon Reams Uncon	Pair Corr
0.85	SCPEX	Carillon Reams Core	Pair Corr
0.86	SCPDX	Carillon Reams Core	Pair Corr
0.86	SCPWX	Carillon Reams Core	Pair Corr
0.86	SCPZX	Scout E Plus	Pair Corr
0.89	BERSX	Carillon Chartwell Real	Pair Corr
1.0	BERIX	Berwyn Income	Pair Corr
0.89	BERHX	Carillon Chartwell Real	Pair Corr

Moving against Carillon Mutual Fund

0.6	CWSGX	Chartwell Small Cap	Pair Corr
0.6	CWSAX	Carillon Chartwell Small	Pair Corr
0.6	CWSBX	Carillon Chartwell Small	Pair Corr
0.56	CWSRX	Columbia Large Cap	Pair Corr
0.52	CWSCX	Carillon Chartwell Small	Pair Corr
0.52	CWSWX	Carillon Chartwell Small	Pair Corr
0.51	CWSHX	Carillon Chartwell Small	Pair Corr
0.33	BERDX	Carillon Chartwell Mid	Pair Corr
0.32	UMBHX	Scout Small Cap	Pair Corr
0.64	CSSVX	Carillon Scout Small	Pair Corr
0.64	CSSJX	Carillon Scout Small	Pair Corr
0.64	CSSAX	Carillon Scout Small	Pair Corr
0.52	HSCCX	Eagle Small Cap	Pair Corr
0.52	HSIIX	Eagle Small Cap	Pair Corr
0.52	HSRUX	Eagle Small Cap	Pair Corr
0.49	HRCCX	Eagle Capital Apprec	Pair Corr
0.48	HRCIX	Eagle Capital Apprec	Pair Corr
0.48	HRCPX	Eagle Capital Apprec	Pair Corr

Related Correlations Analysis

	FIKAX	FRNRX	XEMOX	TMLAX	INRSX	BACCX	ENPSX
FIKAX		0.89	0.77	0.83	0.94	0.91	0.92	FIKAX
FRNRX	0.89		0.92	0.93	0.83	0.88	0.9	FRNRX
XEMOX	0.77	0.92		0.98	0.72	0.8	0.84	XEMOX
TMLAX	0.83	0.93	0.98		0.79	0.8	0.83	TMLAX
INRSX	0.94	0.83	0.72	0.79		0.77	0.78	INRSX
BACCX	0.91	0.88	0.8	0.8	0.77		0.98	BACCX
ENPSX	0.92	0.9	0.84	0.83	0.78	0.98		ENPSX
	FIKAX	FRNRX	XEMOX	TMLAX	INRSX	BACCX	ENPSX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Carillon Mutual Fund performing well and Carillon Chartwell 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 Carillon Chartwell'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
FIKAX	1.00	0.09	0.06	0.14	1.53	(0.95)	1.80	(2.57)	6.59
FRNRX	0.85	0.08	0.06	(1.74)	1.16	(0.91)	1.72	(1.97)	4.96
XEMOX	1.14	0.12	0.08	(0.52)	1.44	(1.21)	2.29	(2.24)	6.66
TMLAX	1.04	0.10	0.07	(0.50)	1.31	(1.11)	1.88	(2.24)	6.23
INRSX	0.96	0.02	0.01	0.03	1.32	(0.99)	1.70	(2.07)	5.43
BACCX	0.81	0.12	0.09	0.22	1.21	(0.80)	1.49	(2.08)	5.48
ENPSX	1.47	0.18	0.08	0.21	2.14	(1.37)	3.17	(3.59)	8.59

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