International Smaller Correlations
BICKX Fund | USD 12.83 0.16 1.23% |
The current 90-days correlation between The International Smaller and The International Smaller is 1.0 (i.e., No risk reduction). The correlation of International Smaller 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.
International Smaller Correlation With Market
Average diversification
The correlation between The International Smaller and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The International Smaller and DJI in the same portfolio, assuming nothing else is changed.
International |
Moving together with International Mutual Fund
0.96 | BSGPX | Eafe Pure | PairCorr |
0.83 | BSGLX | Long Term | PairCorr |
0.91 | BTLSX | Baillie Gifford Inte | PairCorr |
0.84 | BTLKX | Baillie Gifford Inte | PairCorr |
0.87 | BGCWX | Baillie Gifford Eafe | PairCorr |
0.78 | BGCSX | Eafe Choice | PairCorr |
0.87 | BGCJX | Baillie Gifford Eafe | PairCorr |
0.76 | BGCDX | Baillie Gifford China | PairCorr |
0.77 | BGCBX | Baillie Gifford China | PairCorr |
0.62 | BGEVX | Baillie Gifford Eafe | PairCorr |
0.62 | BGETX | Baillie Gifford Eafe | PairCorr |
0.81 | BGEPX | Baillie Gifford Emerging | PairCorr |
0.61 | BGEKX | Eafe Fund | PairCorr |
0.81 | BGELX | Emerging Markets | PairCorr |
0.81 | BGEGX | Baillie Gifford Emerging | PairCorr |
0.86 | BGEHX | Baillie Gifford Emerging | PairCorr |
0.62 | BGEFX | Baillie Gifford Eafe | PairCorr |
0.81 | BGEDX | Baillie Gifford Emerging | PairCorr |
0.83 | BGGSX | Equity Growth | PairCorr |
0.68 | BGGKX | Equity Growth | PairCorr |
0.72 | BGIUX | Baillie Gifford Inte | PairCorr |
0.72 | BGIVX | Baillie Gifford Inte | PairCorr |
0.71 | BGITX | Baillie Gifford Inte | PairCorr |
0.71 | BGIKX | The International Equity | PairCorr |
0.71 | BGIFX | Baillie Gifford Inte | PairCorr |
0.81 | BGKEX | Emerging Markets | PairCorr |
0.93 | BGLTX | Baillie Gifford | PairCorr |
0.93 | BGLKX | Long Term | PairCorr |
0.95 | BGPKX | Eafe Pure | PairCorr |
0.86 | BGPTX | Baillie Gifford Eafe | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between International Mutual Fund performing well and International Smaller 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 International Smaller'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
BICKX | 0.74 | 0.10 | 0.13 | 0.60 | 0.73 | 1.16 | 8.24 | |||
BICIX | 0.75 | 0.10 | 0.13 | 0.56 | 0.73 | 1.12 | 8.17 | |||
BINSX | 0.75 | 0.05 | 0.04 | 0.04 | 1.13 | 1.74 | 7.73 | |||
BSGPX | 0.71 | 0.10 | 0.13 | 0.20 | 0.76 | 1.57 | 6.80 | |||
BSGLX | 1.11 | 0.04 | 0.04 | (0.30) | 1.48 | 2.35 | 11.25 | |||
BKGCX | 0.72 | 0.06 | 0.07 | 0.07 | 0.88 | 1.52 | 6.37 | |||
BTLSX | 1.12 | 0.15 | 0.11 | 0.27 | 1.35 | 2.39 | 7.70 | |||
BTLKX | 1.10 | 0.16 | 0.11 | 0.17 | 1.32 | 2.35 | 7.70 | |||
BGAKX | 0.94 | (0.10) | 0.00 | (0.15) | 0.00 | 1.46 | 12.97 |