Champlain Mid Correlations
CIPIX Fund | USD 25.15 0.23 0.92% |
The current 90-days correlation between Champlain Mid Cap and Blackrock Bd Fd is 0.19 (i.e., Average 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 0.88 (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.
Champlain |
Moving together with Champlain Mutual Fund
1.0 | CIPMX | Champlain Mid Cap | PairCorr |
0.99 | CIPNX | Champlain Small | PairCorr |
0.99 | CIPSX | Champlain Small Pany | PairCorr |
0.98 | CIPTX | Advisors Inner Circle | PairCorr |
0.97 | PAMCX | T Rowe Price | PairCorr |
0.97 | RRMGX | T Rowe Price | PairCorr |
0.96 | TRQZX | T Rowe Price | PairCorr |
0.94 | RPMGX | T Rowe Price | PairCorr |
0.94 | PRJIX | T Rowe Price | PairCorr |
0.94 | PRNHX | T Rowe Price | PairCorr |
0.94 | TRUZX | T Rowe Price | PairCorr |
0.95 | PCBIX | Midcap Fund Institutional | PairCorr |
0.93 | PEMGX | Midcap Fund Class | PairCorr |
0.95 | PMBCX | Midcap Fund Class | PairCorr |
0.91 | VTSAX | Vanguard Total Stock | PairCorr |
0.91 | VFIAX | Vanguard 500 Index | PairCorr |
0.91 | VTSMX | Vanguard Total Stock | PairCorr |
0.91 | VSMPX | Vanguard Total Stock | PairCorr |
0.91 | VSTSX | Vanguard Total Stock | PairCorr |
0.93 | VITSX | Vanguard Total Stock | PairCorr |
0.93 | VFINX | Vanguard 500 Index | PairCorr |
0.91 | VFFSX | Vanguard 500 Index | PairCorr |
0.9 | VGTSX | Vanguard Total Inter | PairCorr |
0.9 | VTIAX | Vanguard Total Inter | PairCorr |
0.73 | FOHFX | Fidelity Ohio Municipal | PairCorr |
0.93 | ABYSX | Ab Discovery Value | PairCorr |
0.91 | OLVCX | Jpmorgan Large Cap | PairCorr |
0.91 | AXVNX | Acclivity Small Cap | PairCorr |
0.94 | MSKLX | Mid Cap Growth | PairCorr |
0.92 | JGLTX | Global Technology | PairCorr |
0.92 | WSTRX | Ivy Science And | PairCorr |
0.91 | HGOAX | Hartford Growth | PairCorr |
0.9 | SCMSX | Saat E Market | PairCorr |
0.92 | EIFAX | Eaton Vance Floating | PairCorr |
0.95 | BARIX | Baron Asset Fund | PairCorr |
0.93 | TSNCX | Touchstone Sands Capital | PairCorr |
0.91 | JNGTX | Janus Global Technology | PairCorr |
0.95 | WLCVX | Large Pany Value | PairCorr |
Related Correlations Analysis
0.76 | 0.76 | 0.94 | 0.76 | MPHQX | ||
0.76 | 0.93 | 0.8 | 0.97 | APDQX | ||
0.76 | 0.93 | 0.85 | 0.97 | PRZIX | ||
0.94 | 0.8 | 0.85 | 0.84 | BSBIX | ||
0.76 | 0.97 | 0.97 | 0.84 | REIPX | ||
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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 | ||
---|---|---|---|---|---|---|---|---|---|---|
MPHQX | 0.25 | 0.02 | (0.64) | 0.48 | 0.15 | 0.52 | 1.25 | |||
APDQX | 0.78 | 0.20 | (0.09) | (0.67) | 0.78 | 2.15 | 6.08 | |||
PRZIX | 0.52 | 0.23 | (0.01) | (20.56) | 0.00 | 1.62 | 4.08 | |||
BSBIX | 0.07 | 0.01 | (1.63) | (1.09) | 0.00 | 0.11 | 0.42 | |||
REIPX | 0.56 | 0.20 | (0.09) | (1.37) | 0.48 | 1.59 | 4.21 |