Credit Suisse Correlations

Mutual Funds . USA . 
Fund . Credit Suisse Modity
CRSOX Fund  USD 24.60  0.17  0.70%   
The current 90-days correlation between Credit Suisse Modity and International Investors Gold is 0.39 (i.e., Weak diversification). The correlation of Credit Suisse 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.

Credit Suisse Correlation With Market

Modest diversification

The correlation between Credit Suisse Modity and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Credit Suisse Modity 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 Credit Suisse Modity. 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 producer price index.

Moving together with Credit Mutual Fund

  1.0CRSCX Credit Suisse ModityPairCorr
  0.94CRSAX Credit Suisse ModityPairCorr
  0.85CSAIX Credit Suisse ManagedPairCorr
  0.86CSACX Credit Suisse ManagedPairCorr
  0.83CSAAX Credit Suisse ManagedPairCorr
  0.61CSOIX Credit Suisse StrategicPairCorr
  0.61CSOCX Credit Suisse StrategicPairCorr
  0.64CSOAX Credit Suisse StrategicPairCorr
  1.0CCRSX Commodity Return StrategyPairCorr
  1.0CCRRX Credit Suisse TrustPairCorr
  0.91PCRIX CommodityrealreturnPairCorr
  0.94PCRRX CommodityrealreturnPairCorr
  0.91PCRPX Pimco ModityrealreturnPairCorr
  0.95PCSRX CommodityrealreturnPairCorr
  0.91PCRAX CommodityrealreturnPairCorr
  0.91PCRCX CommodityrealreturnPairCorr
  0.91PCRNX Pimco CommodityrealretPairCorr
  0.77PCLAX Pimco CommoditiesplusPairCorr
  0.77PCPCX Pimco CommoditiesplusPairCorr
  0.77PCLNX Pimco CommoditiesplusPairCorr
  0.67XDSMX Dreyfus StrategicPairCorr
  0.63XNXJX Nuveen New JerseyPairCorr
  0.71NXJ Nuveen New JerseyPairCorr
  0.69XPPRX Voya Prime RatePairCorr
  0.68XNBHX Neuberger Berman IntPairCorr
  0.76REMIX Standpoint Multi AssetPairCorr
  0.69JLKNX Retirement Living ThroughPairCorr
  0.67WHYIX Wells Fargo AdvantagePairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Credit Mutual Fund performing well and Credit Suisse 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 Credit Suisse'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.

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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY