Barings Active Correlations

Mutual Funds . USA . 
Fund . Barings Active Short
BXDYX Fund  USD 9.18  0.01  0.11%   
The current 90-days correlation between Barings Active Short and Barings Emerging Markets is 0.53 (i.e., Very weak diversification). The correlation of Barings Active 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.

Barings Active Correlation With Market

Good diversification

The correlation between Barings Active Short and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Barings Active Short 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 Barings Active Short. 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 manufacturing.

Moving together with Barings Mutual Fund

  0.99BXDCX Barings Active ShortPairCorr
  0.64BXEAX Barings Emerging MarketsPairCorr
  0.81BXFIX Barings Global FloatingPairCorr
  0.79BXFCX Barings Global FloatingPairCorr
  0.8BXFAX Barings Global FloatingPairCorr
  0.64BXEYX Barings Emerging MarketsPairCorr
  0.64BXEIX Barings Emerging MarketsPairCorr
  0.79BXFYX Barings Global FloatingPairCorr
  0.95BXHCX Barings High YieldPairCorr
  0.92BXICX Barings Global CreditPairCorr
  0.91BXIAX Barings Global CreditPairCorr
  0.93BXHYX Barings High YieldPairCorr
  0.9BXIYX Barings Global CreditPairCorr
  0.91BXITX Barings Global CreditPairCorr
  0.72LALDX Lord Abbett ShortPairCorr
  0.82LDLAX Lord Abbett ShortPairCorr
  0.79LDLRX Lord Abbett ShortPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Barings Mutual Fund performing well and Barings Active 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 Barings Active'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY