Baron Real Correlations

BRIFX Fund

USD 16.22 0.17 1.04%

The current 90-days correlation between Baron Real Estate and Delaware Diversified Income is 0.09 (i.e., Significant diversification). The correlation of Baron Real 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.

Baron Real Correlation With Market

Significant diversification

The correlation between Baron Real Estate 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 Baron Real Estate 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 Baron Real Estate. 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 against Baron Mutual Fund

0.39	OZ	Belpointe PREP LLC	Pair Corr
0.42	WHLR	Wheeler Real Estate	Pair Corr
0.33	AAT	American Assets Trust	Pair Corr

Related Correlations Analysis

	DPRFX	PDSYX	DLTZX	JABJX	OIDAX	FVOKX	PDNIX
DPRFX		0.57	0.93	0.78	0.67	0.78	0.93	DPRFX
PDSYX	0.57		0.5	0.81	0.81	0.77	0.65	PDSYX
DLTZX	0.93	0.5		0.72	0.53	0.82	0.92	DLTZX
JABJX	0.78	0.81	0.72		0.76	0.89	0.91	JABJX
OIDAX	0.67	0.81	0.53	0.76		0.72	0.68	OIDAX
FVOKX	0.78	0.77	0.82	0.89	0.72		0.87	FVOKX
PDNIX	0.93	0.65	0.92	0.91	0.68	0.87		PDNIX
	DPRFX	PDSYX	DLTZX	JABJX	OIDAX	FVOKX	PDNIX

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Risk-Adjusted Indicators

There is a big difference between Baron Mutual Fund performing well and Baron Real 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 Baron Real'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
DPRFX	0.24	0.00	0.23	(0.13)	0.23	(0.30)	0.53	(0.40)	1.61
PDSYX	0.17	(0.01)	0.25	0.48	0.21	(0.19)	0.31	(0.30)	0.80
DLTZX	0.08	0.01	0.46	(0.30)	0.00	(0.18)	0.26	(0.13)	0.64
JABJX	0.21	0.01	0.20	(0.02)	0.26	(0.26)	0.49	(0.30)	1.19
OIDAX	0.70	(0.05)	0.00	0.20	0.00	0.00	1.42	(1.46)	5.03
FVOKX	0.74	0.10	0.11	0.09	1.01	(0.77)	1.37	(1.36)	6.20
PDNIX	0.18	0.01	0.29	0.18	0.15	(0.23)	0.42	(0.31)	1.16

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Baron Real Correlations

Baron Real Correlation With Market

Significant diversification

Moving against Baron Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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