Clearbridge Mid Correlations

LMREX Fund

USD 32.29 0.36 1.10%

The current 90-days correlation between Clearbridge Mid Cap and Clearbridge Aggressive Growth is 0.77 (i.e., Poor diversification). The correlation of Clearbridge 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.

Clearbridge Mid Correlation With Market

Very poor diversification

The correlation between Clearbridge Mid Cap and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Clearbridge Mid Cap and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Clearbridge Mid Cap. 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 world development indicators.

Moving together with Clearbridge Mutual Fund

0.89	LGASX	Clearbridge Small Cap	Pair Corr
1.0	SBMLX	Clearbridge Mid Cap	Pair Corr

Related Correlations Analysis

	SAGCX	LGASX	LGFEX	SAPCX	LGOCX	SSMMX	WAASX	LGSCX	WACIX	WACSX
SAGCX		0.41	0.86	0.94	0.63	0.92	0.9	0.86	0.88	0.88	SAGCX
LGASX	0.41		0.39	0.35	0.4	0.24	0.37	0.54	0.41	0.38	LGASX
LGFEX	0.86	0.39		0.91	0.46	0.86	0.78	0.8	0.8	0.82	LGFEX
SAPCX	0.94	0.35	0.91		0.45	0.88	0.85	0.84	0.81	0.82	SAPCX
LGOCX	0.63	0.4	0.46	0.45		0.55	0.63	0.54	0.71	0.65	LGOCX
SSMMX	0.92	0.24	0.86	0.88	0.55		0.93	0.86	0.92	0.93	SSMMX
WAASX	0.9	0.37	0.78	0.85	0.63	0.93		0.88	0.93	0.93	WAASX
LGSCX	0.86	0.54	0.8	0.84	0.54	0.86	0.88		0.83	0.83	LGSCX
WACIX	0.88	0.41	0.8	0.81	0.71	0.92	0.93	0.83		0.99	WACIX
WACSX	0.88	0.38	0.82	0.82	0.65	0.93	0.93	0.83	0.99		WACSX
	SAGCX	LGASX	LGFEX	SAPCX	LGOCX	SSMMX	WAASX	LGSCX	WACIX	WACSX

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Clearbridge Mutual Fund performing well and Clearbridge 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 Clearbridge 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
SAGCX	0.71	(0.06)	(0.05)	0.03	0.92	(0.75)	1.48	(1.56)	4.76
LGASX	0.79	(0.10)	(0.06)	0.01	0.92	(0.93)	2.00	(1.68)	6.42
LGFEX	0.56	0.01	(0.01)	0.10	0.68	(0.60)	1.11	(1.12)	3.30
SAPCX	0.42	(0.02)	(0.07)	0.05	0.50	(0.47)	1.01	(0.75)	3.39
LGOCX	0.31	(0.02)	(0.23)	(0.06)	0.35	(0.35)	0.57	(0.58)	1.96
SSMMX	0.12	0.05	(0.25)	9.51	0.00	(0.17)	0.35	(0.14)	0.96
WAASX	0.10	0.00	(0.41)	(0.13)	0.05	(0.14)	0.22	(0.22)	0.76
LGSCX	0.87	0.21	0.11	(1.07)	0.73	(1.06)	2.43	(1.32)	6.81
WACIX	0.19	0.01	(0.29)	0.43	0.13	(0.23)	0.43	(0.32)	1.18
WACSX	0.19	0.02	(0.28)	0.76	0.11	(0.22)	0.38	(0.28)	1.03

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

Clearbridge Mid Correlations

Clearbridge Mid Correlation With Market

Very poor diversification

Moving together with Clearbridge Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY