Credit Suisse Correlations

CSAAX Fund

USD 8.52 0.10 1.16%

The current 90-days correlation between Credit Suisse Managed and Scout E Bond is -0.53 (i.e., Excellent diversification). The correlation of Credit Suisse 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.

Credit Suisse Correlation With Market

Good diversification

The correlation between Credit Suisse Managed and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Credit Suisse Managed 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 Credit Suisse Managed. 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 nation.

Moving together with Credit Mutual Fund

0.81	CRSOX	Credit Suisse Modity	Pair Corr
0.82	CRSCX	Credit Suisse Modity	Pair Corr
0.81	CRSAX	Credit Suisse Modity	Pair Corr
1.0	CSAIX	Credit Suisse Managed	Pair Corr
1.0	CSACX	Credit Suisse Managed	Pair Corr
0.66	CSQIX	Credit Suisse Multia	Pair Corr
0.65	CSQAX	Credit Suisse Multia	Pair Corr
0.81	CCRSX	Commodity Return Strategy	Pair Corr
0.81	CCRRX	Credit Suisse Trust	Pair Corr
0.67	AQMRX	Aqr Managed Futures	Pair Corr

Moving against Credit Mutual Fund

0.35

CSQCX

Credit Suisse Multia

Pair Corr

Related Correlations Analysis

	SCCIX	LTXFX	TTRBX	DLTNX	UIITX	BBINX
SCCIX		0.89	0.97	0.99	0.99	0.88	SCCIX
LTXFX	0.89		0.95	0.9	0.93	0.99	LTXFX
TTRBX	0.97	0.95		0.98	0.99	0.92	TTRBX
DLTNX	0.99	0.9	0.98		0.99	0.88	DLTNX
UIITX	0.99	0.93	0.99	0.99		0.91	UIITX
BBINX	0.88	0.99	0.92	0.88	0.91		BBINX
	SCCIX	LTXFX	TTRBX	DLTNX	UIITX	BBINX

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Risk-Adjusted Indicators

There is a big difference between Credit Mutual Fund performing well and Credit Suisse 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 Credit Suisse'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
SCCIX	0.25	0.02	0.26	0.41	0.22	(0.31)	0.57	(0.38)	1.44
LTXFX	0.10	0.00	0.32	(0.10)	0.11	(0.14)	0.26	(0.20)	0.65
TTRBX	0.15	0.01	0.40	0.76	0.05	(0.19)	0.40	(0.30)	0.82
DLTNX	0.22	0.03	0.32	0.78	0.13	(0.31)	0.57	(0.34)	1.40
UIITX	0.23	0.02	0.29	0.56	0.18	(0.28)	0.55	(0.43)	1.45
BBINX	0.13	(0.01)	0.24	(0.26)	0.17	(0.18)	0.29	(0.30)	0.78

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