Boston Partners Correlations

BGLSX Fund

USD 15.43 0.00 0.00%

The current 90-days correlation between Boston Partners Global and Towpath Technology is -0.1 (i.e., Good diversification). The correlation of Boston Partners 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.

Boston Partners Correlation With Market

Good diversification

The correlation between Boston Partners Global and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Boston Partners Global 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 Boston Partners Global. 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 Boston Mutual Fund

1.0	BGRSX	Boston Partners Global	Pair Corr
0.61	GPBFX	Gmo E Plus	Pair Corr

Moving against Boston Mutual Fund

0.82	OPTCX	Rbb Fund	Pair Corr
0.82	BPLEX	Boston Partners Longshort	Pair Corr
0.81	ASLAX	Ab Select Longshort	Pair Corr
0.78	BPIRX	Boston Partners Longshort	Pair Corr
0.78	BPRRX	Boston Partners Longshort	Pair Corr
0.76	NLSAX	Neuberger Berman Long	Pair Corr
0.76	NLSIX	Neuberger Berman Long	Pair Corr
0.74	NLSCX	Neuberger Berman Long	Pair Corr
0.66	BPAIX	Boston Partners All	Pair Corr
0.65	BPAVX	Boston Partners All	Pair Corr
0.61	QLERX	Aqr Long Short	Pair Corr
0.52	WPGTX	Wpg Partners Smallmicro	Pair Corr
0.52	BPSIX	Boston Partners Small	Pair Corr
0.52	BPSCX	Boston Partners Small	Pair Corr
0.35	BELSX	Boston Partners Emerging	Pair Corr
0.35	WPGSX	Rbb Fund	Pair Corr
0.31	PWLIX	Pimco Rae Worldwide	Pair Corr
0.91	FEMDX	Franklin Emerging Market	Pair Corr
0.9	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.87	RIV	Rivernorth Opportunities	Pair Corr
0.86	LLPFX	Longleaf Partners	Pair Corr
0.85	RQECX	Resq Dynamic Allocation	Pair Corr
0.85	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.82	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.79	LTFOX	Lord Abbett Affiliated	Pair Corr
0.79	VTSMX	Vanguard Total Stock	Pair Corr

Related Correlations Analysis

	TOWTX	TEPIX	JAGTX	JNGTX	HTECX
TOWTX		0.81	0.79	0.79	0.84	TOWTX
TEPIX	0.81		0.98	0.98	0.79	TEPIX
JAGTX	0.79	0.98		1.0	0.81	JAGTX
JNGTX	0.79	0.98	1.0		0.81	JNGTX
HTECX	0.84	0.79	0.81	0.81		HTECX
	TOWTX	TEPIX	JAGTX	JNGTX	HTECX

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Risk-Adjusted Indicators

There is a big difference between Boston Mutual Fund performing well and Boston Partners 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 Boston Partners' 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
TOWTX	0.54	0.03	(0.11)	0.71	0.74	(0.56)	1.08	(1.32)	3.71
TEPIX	1.50	(0.08)	0.00	0.07	2.23	(1.47)	2.84	(3.72)	9.83
JAGTX	0.90	(0.03)	(0.02)	0.09	1.34	(0.89)	1.88	(2.58)	5.87
JNGTX	0.91	(0.03)	(0.02)	0.09	1.35	(0.89)	1.89	(2.57)	5.88
HTECX	0.89	0.03	(0.06)	0.76	1.30	(0.82)	1.73	(2.15)	6.25

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