Sterling Capital Correlations

BCVCX Fund  USD 31.95  0.12  0.38%   
The current 90-days correlation between Sterling Capital Beh and Eventide Healthcare Life is -0.08 (i.e., Good 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

Very poor diversification

The correlation between Sterling Capital Behavioral and DJI is 0.87 (i.e., Very poor 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 Trending Equities 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

  0.92BAEIX Sterling Capital EquityPairCorr
  0.91BSCIX Sterling Capital SouthPairCorr
  0.87BSCCX Sterling Capital SouthPairCorr
  0.89BASCX Sterling Capital SouthPairCorr
  0.91BSGAX Sterling Capital ShortPairCorr
  0.74STMDX Sterling Capital StrattonPairCorr
  0.73STMMX Sterling Capital StrattonPairCorr
  0.71STMOX Sterling Capital StrattonPairCorr
  0.97STRSX Sterling Capital SpecialPairCorr
  0.95STSCX Sterling Capital StrattonPairCorr
  0.95STSOX Sterling Capital StrattonPairCorr
  0.95STSNX Sterling Capital StrattonPairCorr
  0.71STRFX Wells Fargo LargePairCorr
  0.95STREX Sterling Capital EquityPairCorr
  0.96STRGX Sterling Capital StrattonPairCorr
  0.96STRBX Sterling Capital BehPairCorr
  1.0STRAX Stralem EquityPairCorr
  0.7STRDX Sterling Capital TotalPairCorr
  0.96STRNX Sterling Capital StrattonPairCorr
  0.95STRLX Sterling Capital StrattonPairCorr
  0.69SCCNX Sterling Capital PoratePairCorr
  0.73SCCMX Sterling Capital PoratePairCorr
  0.71SCCPX Sterling Capital PoratePairCorr
  0.61BBGVX Sterling Capital IntPairCorr
  1.0BBISX Sterling Capital BehPairCorr
  0.93BBNTX Sterling Capital NorthPairCorr
  0.91BBNCX Sterling Capital NorthPairCorr
  0.91BBSCX Sterling Capital ShortPairCorr
  0.96SCSIX Sentinel Multi AssetPairCorr
  0.69SCSSX Sterling Capital SecPairCorr
  0.65SCSTX Sterling Capital SecPairCorr
  0.68SCSPX Sterling Capital SecPairCorr
  0.91BBSGX Sterling Capital ShortPairCorr
  0.75SCREX Mfs Variable InsurancePairCorr
  0.98BBTGX Sterling Capital BehPairCorr
  0.91BCEGX Sterling Capital EquityPairCorr
  0.94BUSIX Sterling Capital UltraPairCorr
  0.94BUSRX Sterling Capital UltraPairCorr
  0.9OWVAX Sterling Capital WestPairCorr

Related Correlations Analysis

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
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High negative correlations   
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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.