Champlain Mid Correlations

CIPIX Fund

USD 20.56 0.16 0.77%

The current 90-days correlation between Champlain Mid Cap and Janus Overseas Fund is 0.01 (i.e., Significant diversification). The correlation of Champlain Mid 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.

Champlain Mid Correlation With Market

Very poor diversification

The correlation between Champlain Mid Cap and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Champlain Mid Cap 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 Champlain Mid Cap. 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 gross domestic product.

Moving together with Champlain Mutual Fund

1.0	CIPMX	Champlain Mid Cap	Pair Corr
0.73	CIPNX	Champlain Small	Pair Corr
0.92	PAMCX	T Rowe Price	Pair Corr
0.79	RRMGX	T Rowe Price	Pair Corr
0.62	PCBIX	Midcap Fund Institutional	Pair Corr
0.93	PEMGX	Midcap Fund Class	Pair Corr
0.92	PMBCX	Midcap Fund Class	Pair Corr
0.92	TRQZX	T Rowe Price	Pair Corr
0.68	PRJIX	T Rowe Price	Pair Corr
0.8	RPMGX	T Rowe Price	Pair Corr
0.91	TRUZX	T Rowe Price	Pair Corr
0.85	JGRCX	Janus Enterprise	Pair Corr
0.92	EKWDX	Wells Fargo Advantage	Pair Corr
0.81	PMPIX	Precious Metals Ultr	Pair Corr
0.81	PMPSX	Precious Metals Ultr	Pair Corr
0.67	VISAX	Virtus International	Pair Corr
0.83	JYHIX	John Hancock Focused	Pair Corr
0.71	GCCTX	Goldman Sachs Modity	Pair Corr
0.88	GIEZX	International Equity	Pair Corr
0.85	PRPHX	Permanent Portfolio Class	Pair Corr
0.9	NQVCX	Nuveen Nwq Multi	Pair Corr
0.73	WRHIX	Ivy High Income	Pair Corr
0.79	PASAX	All Asset Fund	Pair Corr
0.82	BGEIX	Global Gold Fund	Pair Corr
0.82	PDAFX	Prudential Day One	Pair Corr
0.93	CNGLX	Commonwealth Global	Pair Corr
0.73	RYAZX	Sp Smallcap 600	Pair Corr
0.8	RSNRX	Victory Global Natural	Pair Corr
0.88	JYHRX	Jpmorgan High Yield	Pair Corr
0.95	DESRX	Dws Esg Core	Pair Corr
0.91	ORILX	Oak Ridge Multi	Pair Corr
0.98	AULRX	Ultra Fund R	Pair Corr
0.97	HRACX	Hartford Growth	Pair Corr
0.81	MBLAX	Madison Diversified	Pair Corr
0.92	PCSVX	Pace Smallmedium Value	Pair Corr
0.91	RRTBX	Trowe Price Retirement	Pair Corr

Related Correlations Analysis

	JCNRX	DVLRX	SGRKX	JMVAX	JDPRX	JDPNX	JDIAX	SENCX	JDIRX
JCNRX		0.28	0.29	0.3	0.3	0.3	0.3	0.52	0.34	JCNRX
DVLRX	0.28		0.97	0.96	0.96	0.96	0.87	0.85	0.89	DVLRX
SGRKX	0.29	0.97		0.89	0.89	0.89	0.8	0.84	0.81	SGRKX
JMVAX	0.3	0.96	0.89		1.0	1.0	0.88	0.86	0.89	JMVAX
JDPRX	0.3	0.96	0.89	1.0		1.0	0.88	0.86	0.89	JDPRX
JDPNX	0.3	0.96	0.89	1.0	1.0		0.88	0.86	0.89	JDPNX
JDIAX	0.3	0.87	0.8	0.88	0.88	0.88		0.88	0.98	JDIAX
SENCX	0.52	0.85	0.84	0.86	0.86	0.86	0.88		0.87	SENCX
JDIRX	0.34	0.89	0.81	0.89	0.89	0.89	0.98	0.87		JDIRX
	JCNRX	DVLRX	SGRKX	JMVAX	JDPRX	JDPNX	JDIAX	SENCX	JDIRX

Risk-Adjusted Indicators

There is a big difference between Champlain Mutual Fund performing well and Champlain Mid 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 Champlain Mid'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
JCNRX	0.91	(0.14)	0.00	(0.07)	0.00	0.00	1.77	(2.06)	4.61
DVLRX	0.93	0.31	0.35	0.39	0.24	(1.21)	2.15	(1.27)	15.86
SGRKX	1.40	0.45	0.30	0.72	0.71	(1.53)	1.64	(2.24)	38.60
JMVAX	0.74	0.21	0.23	0.36	0.34	(0.88)	1.80	(1.15)	10.88
JDPRX	0.74	0.21	0.23	0.35	0.34	(0.86)	1.65	(1.18)	10.83
JDPNX	0.75	0.22	0.24	0.37	0.33	(0.89)	1.68	(1.12)	10.84
JDIAX	0.50	0.14	0.20	0.74	0.23	(0.64)	1.18	(0.94)	2.61
SENCX	0.56	0.08	0.03	0.76	0.73	(0.55)	1.27	(1.45)	3.51
JDIRX	0.49	0.13	0.20	0.30	0.23	(0.64)	1.19	(0.96)	2.91

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

2026 Macroaxis LLC

Champlain Mid Correlations

Champlain Mid Correlation With Market

Very poor diversification

Moving together with Champlain Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY