Boston Partners Correlations

Mutual Funds . USA . 
Fund . Boston Partners Longshort
BPLSX Fund  USD 12.80  0.01  0.08%   
The current 90-days correlation between Boston Partners Longshort and Boston Partners Longshort 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

Poor diversification

The correlation between Boston Partners Longshort and DJI is 0.73 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Boston Partners Longshort 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 Longshort. 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 state.

Moving together with Boston Mutual Fund

  0.78BELSX Boston Partners EmergingPairCorr
  0.93BPAVX Boston Partners AllPairCorr
  0.93BPAIX Boston Partners AllPairCorr
  0.71BPGSX Rbb FundPairCorr
  0.7BPGIX Boston Partners GlobalPairCorr
  0.84BPIRX Boston Partners LongshortPairCorr
  1.0BPLEX Boston Partners LongshortPairCorr
  0.83BPRRX Boston Partners LongshortPairCorr
  0.74NLSCX Neuberger Berman LongPairCorr
  0.77NLSAX Neuberger Berman LongPairCorr
  0.78NLSIX Neuberger Berman LongPairCorr
  0.79QLERX Aqr Long ShortPairCorr
  0.85DHLSX Diamond Hill LongPairCorr
  0.83DIAYX Diamond Hill LongPairCorr
  0.85DIAMX Diamond Hill LongPairCorr
  0.71NHS Neuberger Berman HighPairCorr
  0.85GPAAX Grant Park MultiPairCorr
  0.78VWINX Vanguard Wellesley IncomePairCorr
  0.66XWIWX Western Asset/claymorePairCorr
  0.61MHOIX Mfs Global HighPairCorr
  0.65PMACX Pioneer Multi AssetPairCorr
  0.62NEWFX New World FundPairCorr
  0.66CMDAX Columbia ConservativePairCorr
  0.67DFISX International Small PanyPairCorr
  0.61WFITX Intermediate Tax/amt-freePairCorr

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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