Eagle Small Correlations
| HRSCX Fund | USD 20.90 0.20 0.97% |
The current 90-days correlation between Eagle Small Cap and Boston Partners Small is 0.91 (i.e., Almost no diversification). The correlation of Eagle Small 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.
Eagle Small Correlation With Market
Good diversification
The correlation between Eagle Small 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 Eagle Small Cap and DJI in the same portfolio, assuming nothing else is changed.
Eagle |
Moving together with Eagle Mutual Fund
| 0.98 | HIGCX | Eagle Growth Income | PairCorr |
| 0.97 | UMBHX | Scout Small Cap | PairCorr |
| 0.62 | BERIX | Berwyn Income | PairCorr |
| 0.96 | SMPIX | Semiconductor Ultrasector | PairCorr |
| 0.65 | WCMRX | Wcm Focused International | PairCorr |
| 0.96 | FASCX | Franklin K2 Alternative | PairCorr |
Related Correlations Analysis
| 0.96 | 0.98 | 0.52 | 0.99 | BPSCX | ||
| 0.96 | 0.96 | 0.61 | 0.96 | ABYSX | ||
| 0.98 | 0.96 | 0.62 | 0.97 | VVSCX | ||
| 0.52 | 0.61 | 0.62 | 0.5 | LVAQX | ||
| 0.99 | 0.96 | 0.97 | 0.5 | RYAHX | ||
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Risk-Adjusted Indicators
There is a big difference between Eagle Mutual Fund performing well and Eagle Small 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 Eagle Small'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BPSCX | 0.76 | 0.24 | 0.04 | (1.63) | 0.70 | 1.93 | 5.24 | |||
| ABYSX | 0.79 | 0.01 | 0.04 | 0.19 | 0.68 | 1.85 | 6.34 | |||
| VVSCX | 0.87 | 0.25 | 0.04 | (1.57) | 0.86 | 1.83 | 5.89 | |||
| LVAQX | 0.86 | (0.02) | 0.00 | 0.16 | 0.84 | 2.21 | 5.97 | |||
| RYAHX | 1.08 | 0.40 | 0.12 | (1.37) | 1.06 | 3.12 | 9.21 |