Credit Suisse Correlations

Mutual Funds . USA . 
Fund . Credit Suisse Strategic
CSOIX Fund  USD 9.45  0.01  0.11%   
The current 90-days correlation between Credit Suisse Strategic and Calamos Dynamic Convertible is 0.04 (i.e., Significant 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

Weak diversification

The correlation between Credit Suisse Strategic and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Credit Suisse Strategic 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 Strategic. 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 Credit Mutual Fund

  0.83CHICX Credit Suisse FloatingPairCorr
  0.84CHIAX Credit Suisse FloatingPairCorr
  0.72CRSOX Credit Suisse ModityPairCorr
  0.72CRSCX Credit Suisse ModityPairCorr
  0.72CRSAX Credit Suisse ModityPairCorr
  0.86CSHIX Credit Suisse FloatingPairCorr
  0.98CSOCX Credit Suisse StrategicPairCorr
  0.99CSOAX Credit Suisse StrategicPairCorr
  0.77CSQIX Credit Suisse MultiaPairCorr
  0.77CSQAX Credit Suisse MultiaPairCorr
  0.72CCRSX Commodity Return StrategyPairCorr
  0.72CCRRX Credit Suisse TrustPairCorr
  0.86VWEAX Vanguard High YieldPairCorr
  0.87VWEHX Vanguard High YieldPairCorr
  0.96BHYCX Blackrock Hi YldPairCorr
  0.95BHYIX Blackrock High YieldPairCorr
  0.95BHYSX Blackrock Hi YldPairCorr
  0.95BHYAX Blackrock High YieldPairCorr
  0.93FAHHX American Funds AmericanPairCorr
  0.93FTAHX American Funds AmericanPairCorr
  0.93AHTFX American High IncomePairCorr
  0.94AHTCX American High IncomePairCorr
  0.79NHS Neuberger Berman HighPairCorr
  0.68REGAX American Funds EmergingPairCorr
  0.66RWIIX Redwood AlphafactorPairCorr
  0.69GLPSX Goldman Sachs MlpPairCorr
  0.86RWDYX Redwood Managed VolaPairCorr
  0.7TRXAX Catalyst/map GlobalPairCorr
  0.89FSMSX Fs Multi StrategyPairCorr
  0.96GSHUX Goldman Sachs HighPairCorr
  0.78IIXAX Catalyst Insider IncomePairCorr
  0.8LMHIX Western Asset MunicipalPairCorr

Related Correlations Analysis

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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.

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