Carillon Chartwell Correlations

BERSX Fund

13.39 0.02 0.15%

The current 90-days correlation between Carillon Chartwell Real and Chartwell Short Duration is 0.56 (i.e., Very weak diversification). The correlation of Carillon Chartwell 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.

Carillon Chartwell Correlation With Market

Modest diversification

The correlation between Carillon Chartwell Real and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carillon Chartwell Real 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 Carillon Chartwell Real. 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 state.

Moving together with Carillon Mutual Fund

0.72	CWFIX	Chartwell Short Duration	Pair Corr
0.8	CWFCX	Carillon Chartwell Short	Pair Corr
0.72	CWFAX	Chartwell Short Duration	Pair Corr
0.74	CWFRX	Carillon Chartwell Short	Pair Corr
1.0	BERIX	Berwyn Income	Pair Corr
1.0	BERGX	Carillon Chartwell Real	Pair Corr
0.99	BERHX	Carillon Chartwell Real	Pair Corr

Related Correlations Analysis

	CWFIX	CWFCX	CWFAX	CWFRX	HIGCX	HIGJX	HIGUX	CWSIX	CWSGX	CWSHX
CWFIX		0.97	0.98	0.98	0.82	0.82	0.82	0.7	0.78	0.69	CWFIX
CWFCX	0.97		0.96	0.96	0.73	0.73	0.73	0.57	0.65	0.57	CWFCX
CWFAX	0.98	0.96		0.98	0.82	0.82	0.82	0.73	0.8	0.73	CWFAX
CWFRX	0.98	0.96	0.98		0.82	0.82	0.82	0.69	0.78	0.69	CWFRX
HIGCX	0.82	0.73	0.82	0.82		1.0	1.0	0.79	0.89	0.78	HIGCX
HIGJX	0.82	0.73	0.82	0.82	1.0		1.0	0.79	0.9	0.79	HIGJX
HIGUX	0.82	0.73	0.82	0.82	1.0	1.0		0.79	0.9	0.79	HIGUX
CWSIX	0.7	0.57	0.73	0.69	0.79	0.79	0.79		0.95	1.0	CWSIX
CWSGX	0.78	0.65	0.8	0.78	0.89	0.9	0.9	0.95		0.95	CWSGX
CWSHX	0.69	0.57	0.73	0.69	0.78	0.79	0.79	1.0	0.95		CWSHX
	CWFIX	CWFCX	CWFAX	CWFRX	HIGCX	HIGJX	HIGUX	CWSIX	CWSGX	CWSHX

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Risk-Adjusted Indicators

There is a big difference between Carillon Mutual Fund performing well and Carillon Chartwell 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 Carillon Chartwell'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
CWFIX	0.07	0.00	(0.88)	0.19	0.00	(0.12)	0.11	(0.11)	0.42
CWFCX	0.07	0.00	(0.92)	0.09	0.00	(0.13)	0.21	(0.11)	0.42
CWFAX	0.07	0.00	(0.80)	0.09	0.00	(0.11)	0.11	(0.11)	0.42
CWFRX	0.07	0.00	(0.76)	0.15	0.00	(0.11)	0.11	(0.11)	0.42
HIGCX	0.55	0.00	(0.03)	0.12	0.47	(0.61)	1.03	(1.09)	3.31
HIGJX	0.55	0.00	(0.02)	0.13	0.46	(0.62)	1.06	(1.11)	3.29
HIGUX	0.56	0.00	(0.02)	0.12	0.46	(0.60)	1.06	(1.08)	3.25
CWSIX	0.90	0.01	0.07	0.13	0.73	(1.18)	2.16	(1.47)	7.79
CWSGX	1.02	0.05	0.08	0.16	1.08	(1.16)	2.43	(1.68)	6.28
CWSHX	0.90	0.00	0.06	0.12	0.74	(1.17)	2.17	(1.53)	7.78

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Carillon Chartwell Correlations

Carillon Chartwell Correlation With Market

Modest diversification

Moving together with Carillon Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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