Emerging Markets Correlations

Mutual Funds . USA . 
Fund . The Emerging Markets
BGKEX Fund  USD 20.65  0.06  0.29%   
The current 90-days correlation between Emerging Markets and Ep Emerging Markets is 0.09 (i.e., Significant diversification). The correlation of Emerging Markets 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.

Emerging Markets Correlation With Market

Good diversification

The correlation between The Emerging Markets and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Emerging Markets 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 The Emerging Markets. 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 income.

Moving together with Emerging Mutual Fund

  0.81BSGPX Eafe PurePairCorr
  0.8BTLSX Baillie Gifford IntePairCorr
  0.8BTLKX Baillie Gifford IntePairCorr
  0.86BGCWX Baillie Gifford EafePairCorr
  0.86BGCSX Eafe ChoicePairCorr
  0.86BGCJX Baillie Gifford EafePairCorr
  0.85BGCDX Baillie Gifford ChinaPairCorr
  0.82BGCBX Baillie Gifford ChinaPairCorr
  0.71BGEUX Baillie Gifford EafePairCorr
  0.71BGEVX Baillie Gifford EafePairCorr
  0.7BGESX Eafe FundPairCorr
  0.7BGETX Baillie Gifford EafePairCorr
  0.75BGEPX Baillie Gifford EmergingPairCorr
  0.71BGEKX Eafe FundPairCorr
  0.97BGELX Emerging MarketsPairCorr
  0.97BGEGX Baillie Gifford EmergingPairCorr
  1.0BGEHX Baillie Gifford EmergingPairCorr
  0.71BGEFX Baillie Gifford EafePairCorr
  0.97BGEDX Baillie Gifford EmergingPairCorr
  0.9BGIUX Baillie Gifford IntePairCorr
  0.9BGIVX Baillie Gifford IntePairCorr
  0.9BGITX Baillie Gifford IntePairCorr
  0.9BGIKX The International EquityPairCorr
  0.9BGIFX Baillie Gifford IntePairCorr
  0.81BGPKX Eafe PurePairCorr
  0.81BGPFX Baillie Gifford EafePairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Emerging Mutual Fund performing well and Emerging Markets 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 Emerging Markets' 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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