Champlain Mid Correlations

CIPIX Fund

USD 21.44 0.11 0.52%

The current 90-days correlation between Champlain Mid Cap and Janus Trarian Fund is 0.22 (i.e., Modest 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

Average diversification

The correlation between Champlain Mid Cap and DJI is 0.13 (i.e., Average 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
0.89	PAMCX	T Rowe Price	Pair Corr
0.68	RRMGX	T Rowe Price	Pair Corr
0.88	PEMGX	Midcap Fund Class	Pair Corr
0.89	PMBCX	Midcap Fund Class	Pair Corr
0.89	TRQZX	T Rowe Price	Pair Corr
0.69	RPMGX	T Rowe Price	Pair Corr
0.87	TRUZX	T Rowe Price	Pair Corr
0.79	JGRCX	Janus Enterprise	Pair Corr
0.78	PMPIX	Precious Metals Ultr Steady Growth	Pair Corr
0.78	PMPSX	Precious Metals Ultr Steady Growth	Pair Corr
0.66	FRGOX	Franklin Gold Precious	Pair Corr
0.79	MIDSX	Midas Fund Midas	Pair Corr
0.83	OCMAX	Ocm Mutual Fund	Pair Corr
0.85	FGADX	Franklin Gold Precious	Pair Corr
0.7	TEAF	Ecofin Sustainable And	Pair Corr
0.62	VWENX	Vanguard Wellington	Pair Corr
0.97	SMVTX	Ridgeworth Ceredex Mid	Pair Corr
0.92	TILWX	Tiaa Cref Large	Pair Corr
0.86	RYHOX	Nasdaq 100 Fund	Pair Corr
0.94	NMIEX	Active M International	Pair Corr
0.76	GGPPX	Goldman Sachs Growth	Pair Corr
0.66	CITFX	American High Income	Pair Corr
0.87	ARDMX	One Choice 2040	Pair Corr
0.68	NINAX	Neuberger Berman Int	Pair Corr
0.9	FVWSX	Fidelity Series Oppo	Pair Corr
0.78	FSAGX	Gold Portfolio Gold Steady Growth	Pair Corr

Moving against Champlain Mutual Fund

0.43

CIPTX

Advisors Inner Circle

Pair Corr

Related Correlations Analysis

	JCNRX	DVLRX	SGRKX	JMVAX	JDPRX	JDPNX	JDIAX	SENCX	JDIRX
JCNRX		0.01	0.08	0.04	0.04	0.04	0.08	0.22	0.14	JCNRX
DVLRX	0.01		0.97	0.94	0.94	0.94	0.84	0.82	0.86	DVLRX
SGRKX	0.08	0.97		0.86	0.86	0.86	0.8	0.78	0.81	SGRKX
JMVAX	0.04	0.94	0.86		1.0	1.0	0.85	0.83	0.87	JMVAX
JDPRX	0.04	0.94	0.86	1.0		1.0	0.85	0.83	0.87	JDPRX
JDPNX	0.04	0.94	0.86	1.0	1.0		0.85	0.83	0.87	JDPNX
JDIAX	0.08	0.84	0.8	0.85	0.85	0.85		0.9	0.96	JDIAX
SENCX	0.22	0.82	0.78	0.83	0.83	0.83	0.9		0.87	SENCX
JDIRX	0.14	0.86	0.81	0.87	0.87	0.87	0.96	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	0.98	(0.11)	(0.07)	(0.01)	1.23	(1.05)	1.80	(2.06)	5.64
DVLRX	0.98	0.24	0.22	0.31	0.66	(1.20)	2.12	(1.58)	15.37
SGRKX	1.49	0.46	0.30	0.65	0.78	(1.71)	1.88	(2.28)	38.42
JMVAX	0.78	0.17	0.16	0.31	0.51	(0.89)	1.52	(1.15)	10.61
JDPRX	0.78	0.17	0.16	0.31	0.51	(0.87)	1.52	(1.18)	10.49
JDPNX	0.78	0.17	0.16	0.31	0.50	(0.88)	1.54	(1.12)	10.63
JDIAX	0.49	0.06	(0.01)	0.47	0.52	(0.58)	1.09	(0.86)	2.56
SENCX	0.59	0.05	(0.02)	0.49	0.76	(0.60)	1.29	(1.45)	3.10
JDIRX	0.49	0.04	0.01	0.14	0.50	(0.59)	1.08	(0.84)	2.57

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