Boston Trust Correlations

Mutual Funds . USA . 
Fund . Boston Trust Small
BOSOX Fund  USD 17.03  0.15  0.87%   
The current 90-days correlation between Boston Trust Small and International Fund International is 0.71 (i.e., Poor diversification). The correlation of Boston Trust 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.

Boston Trust Correlation With Market

Poor diversification

The correlation between Boston Trust Small and DJI is 0.72 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Boston Trust Small 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 Boston Trust Small. 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 persons.

Moving together with Boston Mutual Fund

  0.93WAMFX Walden MidcapPairCorr
  0.91WSBFX Walden Asset ManagementPairCorr
  0.95WSEFX Walden EquityPairCorr
  0.88BTBFX Boston Trust AssetPairCorr
  0.92BTEFX Boston Trust EquityPairCorr
  0.93BTMFX Boston Trust MidcapPairCorr
  0.97BTSMX Boston Trust SmidPairCorr
  0.97VSMAX Vanguard Small CapPairCorr
  0.97VSCIX Vanguard Small CapPairCorr
  0.97VSCPX Vanguard Small CapPairCorr
  0.97NAESX Vanguard Small CapPairCorr
  0.96FSSNX Fidelity Small CapPairCorr
  0.97DFSTX Us Small CapPairCorr
  0.98PASVX T Rowe PricePairCorr
  0.98PRVIX T Rowe PricePairCorr
  0.98TRZVX T Rowe PricePairCorr
  0.98PRSVX T Rowe PricePairCorr

Moving against Boston Mutual Fund

  0.46BTMPX Ishares Msci EafePairCorr
  0.46BTMKX Blackrock InternationalPairCorr
  0.46MDIIX Blackrock Intern IndexPairCorr
  0.7GF New Germany ClosedPairCorr
  0.63PSDNX Putnam Ultra ShortPairCorr
  0.59BISMX Brandes InternationalPairCorr
  0.57ARBOX Absolute ConvertiblePairCorr
  0.55ABNOX Ab Bond InflationPairCorr
  0.54USGDX Morgan Stanley GovernmentPairCorr
  0.52HRBDX Harbor Bond FundPairCorr
  0.51EMBAX Unconstrained EmergingPairCorr
  0.46VICSX Vanguard Intermediate-terPairCorr
  0.45GIOIX Guggenheim Macro OppPairCorr
  0.44DLDFX Destinations Low DurationPairCorr
  0.41SAEMX Sa Emerging MarketsPairCorr
  0.39SGDLX Sprott Gold EquityPairCorr
  0.37UTF Cohen And SteersPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Boston Mutual Fund performing well and Boston Trust 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 Boston Trust'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.

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY