William Blair Correlations
| WILNX Fund | USD 19.95 0.23 1.14% |
The current 90-days correlation between William Blair Intern and Wasatch E Growth is 0.06 (i.e., Significant diversification). The correlation of William Blair 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.
William Blair Correlation With Market
Very weak diversification
The correlation between William Blair International and DJI is 0.49 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding William Blair International and DJI in the same portfolio, assuming nothing else is changed.
William |
Moving together with William Mutual Fund
| 0.66 | WRCGX | William Blair China | PairCorr |
| 0.86 | WBELX | William Blair Emerging | PairCorr |
| 0.86 | WBIIX | William Blair Instit | PairCorr |
| 0.91 | WBIGX | William Blair Intern | PairCorr |
| 0.86 | WBIRX | William Blair Intern | PairCorr |
| 0.72 | WEDIX | William Blair Emerging | PairCorr |
| 0.72 | WEDRX | William Blair Emerging | PairCorr |
| 0.78 | WELIX | William Blair Emerging | PairCorr |
| 0.78 | WELNX | William Blair Emerging | PairCorr |
| 0.65 | WICGX | William Blair China | PairCorr |
| 0.95 | WIISX | William Blair Intern | PairCorr |
| 0.98 | BIGIX | William Blair Intern | PairCorr |
| 1.0 | WILJX | William Blair Intern | PairCorr |
| 0.99 | WILIX | William Blair Intern | PairCorr |
Moving against William Mutual Fund
| 0.65 | WESNX | William Blair Emerging | PairCorr |
| 0.6 | WESJX | William Blair Emerging | PairCorr |
| 0.6 | BESIX | William Blair Emerging | PairCorr |
| 0.39 | WXCIX | William Blair Emerg | PairCorr |
| 0.39 | WXCRX | William Blair Emerg | PairCorr |
Related Correlations Analysis
| -0.61 | 0.11 | 0.87 | 0.84 | WGROX | ||
| -0.61 | 0.54 | -0.32 | -0.31 | BAGSX | ||
| 0.11 | 0.54 | 0.46 | 0.31 | WILJX | ||
| 0.87 | -0.32 | 0.46 | 0.9 | PRBLX | ||
| 0.84 | -0.31 | 0.31 | 0.9 | WSBFX | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between William Mutual Fund performing well and William Blair 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 William Blair'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WGROX | 0.98 | (0.16) | 0.00 | 1.91 | 0.00 | 1.55 | 5.32 | |||
| BAGSX | 0.25 | 0.01 | 0.05 | (0.14) | 0.23 | 0.59 | 1.41 | |||
| WILJX | 0.78 | 0.04 | 0.03 | 0.06 | 1.19 | 1.66 | 6.31 | |||
| PRBLX | 0.74 | (0.02) | 0.00 | (0.02) | 0.00 | 1.38 | 3.65 | |||
| WSBFX | 0.44 | (0.05) | 0.00 | (0.11) | 0.00 | 0.75 | 2.56 |