Boston Partners Correlations

Mutual Funds . USA . 
Fund . Boston Partners All Cap
BPAIX Fund  USD 31.28  0.08  0.26%   
The current 90-days correlation between Boston Partners All and Boston Partners All Cap is 1.0 (i.e., No risk reduction). The correlation of Boston Partners 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 Partners Correlation With Market

Very poor diversification

The correlation between Boston Partners All Cap and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Boston Partners All Cap 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 Partners All Cap. 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 gross domestic product.

Moving together with Boston Mutual Fund

  1.0BPAVX Boston Partners AllPairCorr
  0.9BPIRX Boston Partners LongshortPairCorr
  0.92BPLEX Boston Partners LongshortPairCorr
  0.9BPLSX Boston Partners LongshortPairCorr
  0.94BPRRX Boston Partners LongshortPairCorr
  0.61BPSIX Boston Partners SmallPairCorr
  0.9VVIAX Vanguard Value IndexPairCorr
  0.9DOXGX Dodge Cox StockPairCorr
  0.85AFMFX American MutualPairCorr
  0.95FFMMX American Funds AmericanPairCorr
  0.95FFFMX American Funds AmericanPairCorr
  0.95AMRMX American MutualPairCorr
  0.85AMFFX American MutualPairCorr
  0.95AMFCX American MutualPairCorr
  0.9DODGX Dodge Stock FundPairCorr
  0.99VIVAX Vanguard Value IndexPairCorr
  0.83FTYPX Fidelity Freedom IndexPairCorr
  0.93FFBTX Fidelity Freedom BlendPairCorr
  0.88GQLOX Gmo Quality FundPairCorr
  0.72RWDYX Redwood Managed VolaPairCorr
  0.71SFGCX Guggenheim World EquityPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

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