Baird Smallcap Correlations
BSVSX Fund | USD 16.35 0.25 1.49% |
The correlation of Baird Smallcap 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.
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Moving together with Baird Mutual Fund
0.82 | BSBIX | Baird Short Term | PairCorr |
0.71 | BSBSX | Baird Short Term | PairCorr |
0.68 | BSGSX | Baird Smallmid Cap | PairCorr |
0.69 | BSGIX | Baird Smallmid Cap | PairCorr |
0.87 | BSNSX | Baird Strategic Municipal | PairCorr |
0.88 | BSNIX | Baird Strategic Municipal | PairCorr |
0.85 | BSVIX | Baird Smallcap Value | PairCorr |
0.83 | BTMSX | Baird Short Term | PairCorr |
0.83 | BTMIX | Baird Short Term | PairCorr |
0.82 | BUBIX | Baird Ultra Short | PairCorr |
0.62 | BCOSX | Baird E Plus | PairCorr |
0.64 | BCOIX | Baird E Plus | PairCorr |
0.81 | BUBSX | Baird Ultra Short | PairCorr |
0.68 | BIMSX | Baird Intermediate Bond | PairCorr |
0.62 | BIMIX | Baird Intermediate Bond | PairCorr |
0.82 | BMBIX | Baird Quality Interm | PairCorr |
0.78 | BMDSX | Baird Midcap | PairCorr |
0.79 | BMNIX | Baird E Intermediate | PairCorr |
0.84 | CCGIX | Chautauqua Global Growth | PairCorr |
0.72 | CCGSX | Chautauqua Global Growth | PairCorr |
0.62 | CCWIX | Chautauqua International | PairCorr |
0.62 | CCWSX | Chautauqua International | PairCorr |
0.82 | VSGAX | Vanguard Small Cap | PairCorr |
0.82 | VSGIX | Vanguard Small Cap | PairCorr |
0.82 | VISGX | Vanguard Small Cap | PairCorr |
0.83 | VEXRX | Vanguard Explorer | PairCorr |
0.95 | JGMIX | Janus Triton | PairCorr |
0.95 | JGMRX | Janus Triton | PairCorr |
0.84 | JGMAX | Janus Triton | PairCorr |
0.95 | JGMCX | Janus Triton | PairCorr |
0.95 | JGMNX | Janus Triton | PairCorr |
Related Correlations Analysis
0.97 | 0.97 | 0.98 | 0.97 | 0.94 | PGBLX | ||
0.97 | 0.98 | 0.98 | 0.99 | 0.97 | TIICX | ||
0.97 | 0.98 | 0.99 | 0.98 | 0.98 | ELDFX | ||
0.98 | 0.98 | 0.99 | 0.98 | 0.98 | FPTPX | ||
0.97 | 0.99 | 0.98 | 0.98 | 0.97 | VDSCX | ||
0.94 | 0.97 | 0.98 | 0.98 | 0.97 | HRIDX | ||
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Risk-Adjusted Indicators
There is a big difference between Baird Mutual Fund performing well and Baird Smallcap 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 Baird Smallcap'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
PGBLX | 0.14 | 0.04 | (1.03) | (7.24) | 0.00 | 0.26 | 0.86 | |||
TIICX | 0.31 | 0.13 | (0.19) | (1.69) | 0.17 | 0.97 | 2.36 | |||
ELDFX | 0.30 | 0.08 | (0.16) | 0.42 | 0.00 | 1.10 | 2.22 | |||
FPTPX | 0.25 | 0.06 | (0.26) | 0.40 | 0.00 | 0.91 | 1.83 | |||
VDSCX | 0.64 | 0.37 | 0.08 | (1.09) | 0.31 | 2.05 | 4.77 | |||
HRIDX | 0.49 | 0.10 | 0.00 | 0.42 | 0.14 | 1.28 | 3.04 |