Bbh Partner Correlations

BBHLX Fund

USD 16.94 0.08 0.47%

The current 90-days correlation between Bbh Partner Fund and Bbh Limited Duration is -0.11 (i.e., Good diversification). The correlation of Bbh Partner 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.

Bbh Partner Correlation With Market

Very weak diversification

The correlation between Bbh Partner Fund and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bbh Partner Fund 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 Bbh Partner Fund. 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 bureau of economic analysis.

Moving together with Bbh Mutual Fund

0.96	RERFX	Europacific Growth	Pair Corr
0.96	AEPFX	Europacific Growth	Pair Corr
0.96	CEUAX	Europacific Growth	Pair Corr
0.96	CEUCX	Europacific Growth	Pair Corr
0.96	RERCX	Europacific Growth	Pair Corr
0.96	REREX	Europacific Growth	Pair Corr
0.96	RERGX	Europacific Growth	Pair Corr
0.96	CEUFX	Europacific Growth	Pair Corr
0.96	CEUEX	Europacific Growth	Pair Corr
0.96	RERAX	Europacific Growth	Pair Corr

Moving against Bbh Mutual Fund

0.4	LSHAX	Horizon Spin Off Steady Growth	Pair Corr
0.4	LSHUX	Horizon Spin Off Steady Growth	Pair Corr

Related Correlations Analysis

	BBBIX	CFSMX	AKRSX	FMIYX	CLDIX
BBBIX		0.73	0.68	-0.12	-0.46	BBBIX
CFSMX	0.73		0.73	0.07	-0.79	CFSMX
AKRSX	0.68	0.73		0.41	-0.34	AKRSX
FMIYX	-0.12	0.07	0.41		0.28	FMIYX
CLDIX	-0.46	-0.79	-0.34	0.28		CLDIX
	BBBIX	CFSMX	AKRSX	FMIYX	CLDIX

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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

CFSMX	+ 0.73	BBBIX
AKRSX	+ 0.73	CFSMX
AKRSX	+ 0.68	BBBIX
FMIYX	+ 0.41	AKRSX
CLDIX	+ 0.28	FMIYX
FMIYX	+ 0.07	CFSMX

High negative correlations

CLDIX	- 0.79	CFSMX
CLDIX	- 0.46	BBBIX
CLDIX	- 0.34	AKRSX
FMIYX	- 0.12	BBBIX

Risk-Adjusted Indicators

There is a big difference between Bbh Mutual Fund performing well and Bbh Partner 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 Bbh Partner'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
BBBIX	0.06	0.01	(1.07)	(2.19)	0.00	(0.16)	0.10	(0.10)	0.58
CFSMX	0.53	0.05	(0.01)	0.22	0.47	(0.57)	1.28	(0.87)	2.63
AKRSX	0.58	0.01	(0.02)	0.13	0.59	(0.58)	1.30	(0.99)	3.14
FMIYX	0.56	(0.07)	(0.16)	0.02	0.62	(0.64)	1.13	(0.98)	3.04
CLDIX	0.20	(0.02)	0.00	0.56	0.00	0.00	0.38	(0.51)	1.19

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