Scout E Correlations
SCPZX Fund | USD 29.88 0.05 0.17% |
The current 90-days correlation between Scout E Plus and Red Oak Technology is 0.23 (i.e., Modest diversification). The correlation of Scout E 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.
Scout |
Moving together with Scout Mutual Fund
0.81 | CWFIX | Chartwell Short Duration | PairCorr |
0.81 | CWFCX | Carillon Chartwell Short | PairCorr |
0.81 | CWFAX | Chartwell Short Duration | PairCorr |
0.8 | CWFRX | Carillon Chartwell Short | PairCorr |
0.77 | HIGCX | Eagle Growth Income | PairCorr |
0.77 | HIGJX | Eagle Growth Income | PairCorr |
0.77 | HIGUX | Eagle Growth Income | PairCorr |
0.65 | CWSIX | Chartwell Small Cap | PairCorr |
0.78 | CWSGX | Chartwell Small Cap | PairCorr |
0.64 | CWSHX | Carillon Chartwell Small | PairCorr |
0.64 | CWSCX | Carillon Chartwell Small | PairCorr |
0.79 | CWSAX | Carillon Chartwell Small | PairCorr |
0.78 | CWSBX | Carillon Chartwell Small | PairCorr |
0.64 | CWSWX | Carillon Chartwell Small | PairCorr |
0.79 | CWSRX | Columbia Large Cap | PairCorr |
0.91 | SCCIX | Scout E Bond | PairCorr |
0.94 | SUBTX | Carillon Reams Uncon | PairCorr |
0.99 | SUBDX | Carillon Reams Uncon | PairCorr |
0.94 | SUBFX | Scout Unconstrained Bond | PairCorr |
0.99 | SUBEX | Carillon Reams Uncon | PairCorr |
1.0 | SCPEX | Carillon Reams Core | PairCorr |
0.93 | SCPDX | Carillon Reams Core | PairCorr |
1.0 | SCPWX | Carillon Reams Core | PairCorr |
0.67 | UMBMX | Scout Mid Cap | PairCorr |
0.79 | UMBHX | Scout Small Cap | PairCorr |
0.85 | BERSX | Carillon Chartwell Real | PairCorr |
0.83 | BERIX | Berwyn Income | PairCorr |
0.83 | BERGX | Carillon Chartwell Real | PairCorr |
0.83 | BERHX | Carillon Chartwell Real | PairCorr |
0.73 | BERDX | Carillon Chartwell Mid | PairCorr |
0.73 | BERBX | Carillon Chartwell Mid | PairCorr |
0.73 | BERCX | Berwyn Cornerstone | PairCorr |
0.73 | BERAX | Carillon Chartwell Mid | PairCorr |
0.7 | HRCCX | Eagle Capital Apprec | PairCorr |
0.7 | HRCIX | Eagle Capital Apprec | PairCorr |
0.66 | HRAUX | Eagle Mid Cap | PairCorr |
0.71 | HRCPX | Eagle Capital Apprec | PairCorr |
0.7 | HRCUX | Eagle Capital Apprec | PairCorr |
0.76 | HRCVX | Eagle Growth Income | PairCorr |
Related Correlations Analysis
1.0 | 0.99 | 0.96 | 1.0 | 0.98 | 0.99 | ROGSX | ||
1.0 | 1.0 | 0.97 | 1.0 | 0.99 | 1.0 | CMTFX | ||
0.99 | 1.0 | 0.98 | 0.99 | 0.98 | 1.0 | PGKCX | ||
0.96 | 0.97 | 0.98 | 0.97 | 0.96 | 0.98 | ICTEX | ||
1.0 | 1.0 | 0.99 | 0.97 | 0.99 | 0.99 | FIKHX | ||
0.98 | 0.99 | 0.98 | 0.96 | 0.99 | 0.98 | VITAX | ||
0.99 | 1.0 | 1.0 | 0.98 | 0.99 | 0.98 | RAGTX | ||
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Risk-Adjusted Indicators
There is a big difference between Scout Mutual Fund performing well and Scout E 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 Scout E'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ROGSX | 0.86 | 0.41 | 0.22 | (3.39) | 0.51 | 2.44 | 5.65 | |||
CMTFX | 0.95 | 0.42 | 0.22 | (6.92) | 0.67 | 2.56 | 6.59 | |||
PGKCX | 1.00 | 0.40 | 0.19 | (4.35) | 0.77 | 2.40 | 6.58 | |||
ICTEX | 0.90 | 0.30 | 0.09 | (1.44) | 0.75 | 2.48 | 5.89 | |||
FIKHX | 1.03 | 0.45 | 0.21 | (7.00) | 0.76 | 2.80 | 7.15 | |||
VITAX | 0.93 | 0.27 | 0.29 | 0.43 | 0.40 | 2.53 | 6.67 | |||
RAGTX | 1.01 | 0.45 | 0.24 | (11.09) | 0.68 | 2.87 | 7.49 |