Sterling Capital Correlations

STRCX Fund

USD 10.03 0.04 0.40%

The current 90-days correlation between Sterling Capital Beh and Calvert Moderate Allocation is 0.67 (i.e., Poor diversification). The correlation of Sterling Capital 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.

Sterling Capital Correlation With Market

Good diversification

The correlation between Sterling Capital Behavioral and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sterling Capital Behavioral and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sterling Capital Behavioral. 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 main economic indicators.

Moving together with Sterling Mutual Fund

1.0	SBIAX	Sterling Capital Beh	Pair Corr
1.0	SBIDX	Sterling Capital Beh	Pair Corr
1.0	SBIIX	Sterling Capital Beh	Pair Corr
0.64	BSCCX	Sterling Capital South	Pair Corr
0.71	STRFX	Wells Fargo Large	Pair Corr
0.71	STRDX	Sterling Capital Total	Pair Corr
0.74	SCCNX	Sterling Capital Porate	Pair Corr
0.72	SCCMX	Sterling Capital Porate	Pair Corr
0.73	SCCPX	Sterling Capital Porate	Pair Corr
0.72	BBGVX	Sterling Capital Int	Pair Corr
0.65	BBNCX	Sterling Capital North	Pair Corr
0.7	SCSSX	Sterling Capital Sec	Pair Corr
0.73	SCSTX	Sterling Capital Sec	Pair Corr
0.72	SCSPX	Sterling Capital Sec	Pair Corr

Moving against Sterling Mutual Fund

0.65	STRSX	Sterling Capital Special	Pair Corr
0.53	STSCX	Sterling Capital Stratton	Pair Corr
0.53	STSNX	Sterling Capital Stratton	Pair Corr
0.52	STSOX	Sterling Capital Stratton	Pair Corr
0.56	STRAX	Stralem Equity	Pair Corr
0.55	BBISX	Sterling Capital Beh	Pair Corr
0.52	SCSIX	Sentinel Multi Asset	Pair Corr
0.5	STRBX	Sterling Capital Beh	Pair Corr
0.44	STRGX	Sterling Capital Stratton	Pair Corr
0.44	STRNX	Sterling Capital Stratton	Pair Corr
0.44	STRLX	Sterling Capital Stratton	Pair Corr
0.34	STRMX	Sterling Capital Mid	Pair Corr
0.63	BUSIX	Sterling Capital Ultra	Pair Corr
0.59	BUSRX	Sterling Capital Ultra	Pair Corr
0.55	BBTGX	Sterling Capital Beh	Pair Corr
0.55	BCVCX	Sterling Capital Beh	Pair Corr
0.32	OVECX	Sterling Capital Mid	Pair Corr

Related Correlations Analysis

	CMACX	JTSQX	SAMAX	SCGCX	BIMPX	TLRRX	RERPX
CMACX		0.9	0.69	0.75	0.93	0.79	0.9	CMACX
JTSQX	0.9		0.86	0.88	0.75	0.61	0.75	JTSQX
SAMAX	0.69	0.86		0.98	0.54	0.52	0.46	SAMAX
SCGCX	0.75	0.88	0.98		0.62	0.62	0.53	SCGCX
BIMPX	0.93	0.75	0.54	0.62		0.84	0.9	BIMPX
TLRRX	0.79	0.61	0.52	0.62	0.84		0.84	TLRRX
RERPX	0.9	0.75	0.46	0.53	0.9	0.84		RERPX
	CMACX	JTSQX	SAMAX	SCGCX	BIMPX	TLRRX	RERPX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Sterling Mutual Fund performing well and Sterling Capital 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 Sterling Capital'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
CMACX	0.37	0.01	(0.22)	(1.99)	0.44	(0.38)	0.76	(0.71)	2.07
JTSQX	0.53	0.03	(0.14)	(0.90)	0.64	(0.56)	1.16	(0.93)	3.17
SAMAX	0.43	0.00	(0.08)	0.12	0.39	(0.49)	1.00	(0.83)	2.71
SCGCX	0.44	(0.02)	(0.11)	0.09	0.48	(0.48)	1.00	(0.71)	2.74
BIMPX	0.25	(0.01)	(0.34)	(0.16)	0.29	(0.37)	0.68	(0.60)	1.58
TLRRX	0.23	(0.03)	(0.37)	0.02	0.24	(0.27)	0.44	(0.52)	1.41
RERPX	0.27	0.00	(0.31)	0.05	0.32	(0.30)	0.55	(0.62)	1.58

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