Baillie Gifford Correlations

BGPFX Fund

USD 13.05 0.14 1.06%

The current 90-days correlation between Baillie Gifford Eafe and Crafword Dividend Growth is -0.01 (i.e., Good diversification). The correlation of Baillie Gifford 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.

Baillie Gifford Correlation With Market

Significant diversification

The correlation between Baillie Gifford Eafe and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Baillie Gifford Eafe 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 Baillie Gifford Eafe. 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 census.

Moving together with Baillie Mutual Fund

1.0	BSGPX	Eafe Pure	Pair Corr
0.83	BTLSX	Baillie Gifford Inte	Pair Corr
0.83	BTLKX	Baillie Gifford Inte	Pair Corr
0.98	BGCWX	Baillie Gifford Eafe	Pair Corr
0.98	BGCSX	Eafe Choice	Pair Corr
0.98	BGCJX	Baillie Gifford Eafe	Pair Corr
0.79	BGCDX	Baillie Gifford China	Pair Corr
0.83	BGCBX	Baillie Gifford China	Pair Corr
0.63	BGEUX	Baillie Gifford Eafe	Pair Corr
0.63	BGEVX	Baillie Gifford Eafe	Pair Corr
0.63	BGESX	Eafe Fund	Pair Corr
0.65	BGETX	Baillie Gifford Eafe	Pair Corr
0.76	BGEPX	Baillie Gifford Emerging	Pair Corr
0.63	BGEKX	Eafe Fund	Pair Corr
0.86	BGELX	Emerging Markets	Pair Corr
0.86	BGEGX	Baillie Gifford Emerging	Pair Corr
0.63	BGEFX	Baillie Gifford Eafe	Pair Corr
0.86	BGEDX	Baillie Gifford Emerging	Pair Corr
0.94	BGIUX	Baillie Gifford Inte	Pair Corr
0.94	BGIVX	Baillie Gifford Inte	Pair Corr
0.93	BGITX	Baillie Gifford Inte	Pair Corr
0.93	BGIKX	The International Equity	Pair Corr
0.94	BGIFX	Baillie Gifford Inte	Pair Corr
0.81	BGKEX	Emerging Markets	Pair Corr
1.0	BGPKX	Eafe Pure	Pair Corr
1.0	BGPTX	Baillie Gifford Eafe	Pair Corr
0.85	BICKX	The International Smaller	Pair Corr
0.76	BICIX	The International Smaller	Pair Corr

Related Correlations Analysis

	CDGCX	SRGAX	TAAEX	AWPIX	BGGKX	VDIGX	PAGLX	NSBCX
CDGCX		0.61	0.41	0.5	0.4	0.74	0.43	0.59	CDGCX
SRGAX	0.61		0.85	0.82	0.86	0.73	0.91	0.86	SRGAX
TAAEX	0.41	0.85		0.56	0.99	0.46	0.95	0.86	TAAEX
AWPIX	0.5	0.82	0.56		0.59	0.72	0.7	0.62	AWPIX
BGGKX	0.4	0.86	0.99	0.59		0.48	0.96	0.87	BGGKX
VDIGX	0.74	0.73	0.46	0.72	0.48		0.56	0.68	VDIGX
PAGLX	0.43	0.91	0.95	0.7	0.96	0.56		0.9	PAGLX
NSBCX	0.59	0.86	0.86	0.62	0.87	0.68	0.9		NSBCX
	CDGCX	SRGAX	TAAEX	AWPIX	BGGKX	VDIGX	PAGLX	NSBCX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Baillie Mutual Fund performing well and Baillie Gifford 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 Baillie Gifford'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
CDGCX	0.66	(0.04)	(0.13)	1.12	(1.61)	7.00
SRGAX	0.64	0.00	(0.07)	1.25	(1.51)	3.64
TAAEX	1.68	(0.10)	(0.14)	3.09	(3.20)	9.89
AWPIX	0.70	0.02	(0.04)	1.45	(1.57)	4.44
BGGKX	1.54	(0.08)	(0.13)	2.77	(4.38)	8.15
VDIGX	0.60	(0.01)	(0.09)	0.95	(1.44)	3.57
PAGLX	0.75	(0.03)	(0.10)	1.11	(1.62)	4.65
NSBCX	0.74	(0.11)	(0.21)	1.03	(1.54)	5.00

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

Baillie Gifford Correlations

Baillie Gifford Correlation With Market

Significant diversification

Moving together with Baillie Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY