Sterling Capital Correlations

BBGVX Fund  USD 8.75  0.02  0.23%   
The current 90-days correlation between Sterling Capital Int and Templeton Global Balanced is 0.23 (i.e., Modest diversification). The correlation of Sterling Capital 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.

Sterling Capital Correlation With Market

Significant diversification

The correlation between Sterling Capital Intermediate and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sterling Capital Intermediate 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 Sterling Capital Intermediate. 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 real.

Moving together with Sterling Mutual Fund

  0.61BSCCX Sterling Capital SouthPairCorr
  0.71BSGAX Sterling Capital ShortPairCorr
  0.92STRFX Wells Fargo LargePairCorr
  0.86STRDX Sterling Capital TotalPairCorr
  0.92SCCNX Sterling Capital PoratePairCorr
  0.92SCCMX Sterling Capital PoratePairCorr
  0.92SCCPX Sterling Capital PoratePairCorr
  0.62BBNCX Sterling Capital NorthPairCorr
  0.7BBSCX Sterling Capital ShortPairCorr
  0.98SCSSX Sterling Capital SecPairCorr
  0.85SCSTX Sterling Capital SecPairCorr
  0.86SCSPX Sterling Capital SecPairCorr
  0.67BBSGX Sterling Capital ShortPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Sterling Mutual Fund performing well and Sterling Capital 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 Sterling Capital'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.