Champlain Mid Correlations
| CIPIX Fund | USD 24.68 0.27 1.11% |
The current 90-days correlation between Champlain Mid Cap and Blackrock Bd Fd is -0.06 (i.e., Good 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
Good diversification
The correlation between Champlain Mid Cap and DJI is -0.16 (i.e., Good 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
| 0.61 | CIPNX | Champlain Small | PairCorr |
| 0.99 | CIPSX | Champlain Small Pany | PairCorr |
| 0.96 | CIPTX | Advisors Inner Circle | PairCorr |
| 0.88 | EMXIX | Ashmore Emerging Markets | PairCorr |
| 0.92 | ACFGX | American Century Inv | PairCorr |
| 0.83 | AVGRX | Dynamic Total Return | PairCorr |
| 0.94 | RYTAX | Technology Fund Class | PairCorr |
| 0.9 | HCMBX | Hcm Dynamic Income | PairCorr |
| 0.94 | GTENX | Gateway Fund Class | PairCorr |
Related Correlations Analysis
| 0.39 | 0.34 | 0.83 | 0.63 | MPHQX | ||
| 0.39 | 0.93 | 0.36 | 0.6 | APDQX | ||
| 0.34 | 0.93 | 0.32 | 0.53 | PRZIX | ||
| 0.83 | 0.36 | 0.32 | 0.84 | BSBIX | ||
| 0.63 | 0.6 | 0.53 | 0.84 | REIPX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 | (0.44) | 0.64 | 0.19 | 0.51 | 1.14 | |||
| APDQX | 0.77 | 0.14 | (0.07) | (0.46) | 0.83 | 1.91 | 6.08 | |||
| PRZIX | 0.53 | 0.20 | 0.05 | 7.01 | 0.23 | 1.62 | 4.08 | |||
| BSBIX | 0.07 | 0.00 | (1.08) | 0.00 | 0.00 | 0.11 | 0.42 | |||
| REIPX | 0.49 | 0.02 | (0.08) | 0.21 | 0.47 | 1.07 | 4.12 |