Sterling Capital Correlations
| BBTGX Fund | USD 32.86 0.25 0.76% |
The current 90-days correlation between Sterling Capital Beh and Ab High Income is -0.15 (i.e., Good 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
Good diversification
The correlation between Sterling Capital Behavioral and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sterling Capital Behavioral and DJI in the same portfolio, assuming nothing else is changed.
Sterling |
Moving together with Sterling Mutual Fund
| 0.93 | AFMFX | American Mutual | PairCorr |
| 0.93 | FFMMX | American Funds American | PairCorr |
| 0.93 | FFFMX | American Funds American | PairCorr |
| 0.93 | AMRMX | American Mutual | PairCorr |
| 0.93 | VIVAX | Vanguard Value Index | PairCorr |
| 0.78 | LIIAX | Columbia Porate Income | PairCorr |
| 0.89 | WRHIX | Ivy High Income | PairCorr |
| 0.89 | WHIAX | Ivy High Income | PairCorr |
| 0.88 | IHIFX | Ivy High Income | PairCorr |
| 0.89 | IVHIX | Ivy High Income | PairCorr |
| 0.66 | CAT | Caterpillar | PairCorr |
| 0.61 | JPM | JPMorgan Chase Earnings Call Tomorrow | PairCorr |
| 0.67 | CVX | Chevron Corp | PairCorr |
| 0.62 | IBM | International Business | PairCorr |
| 0.63 | AA | Alcoa Corp Earnings Call This Week | PairCorr |
Moving against Sterling Mutual Fund
| 0.67 | MCD | McDonalds | PairCorr |
| 0.42 | PG | Procter Gamble | PairCorr |
| 0.33 | VZ | Verizon Communications Earnings Call This Week | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AGDAX | 0.16 | 0.06 | (0.60) | 1.22 | 0.00 | 0.58 | 1.05 | |||
| MRHYX | 0.17 | 0.07 | (0.68) | 1.07 | 0.00 | 0.48 | 1.44 | |||
| 0P0000A2WI | 0.18 | 0.07 | (0.47) | (2.34) | 0.00 | 0.59 | 1.22 | |||
| BXHCX | 0.16 | 0.06 | (0.71) | 0.99 | 0.00 | 0.50 | 1.16 | |||
| MFHVX | 0.19 | 0.06 | (0.64) | 0.92 | 0.00 | 0.62 | 1.50 | |||
| GHVIX | 0.22 | 0.04 | (0.44) | 0.46 | 0.00 | 0.64 | 2.72 | |||
| VRHYX | 0.21 | 0.08 | (0.53) | 1.76 | 0.00 | 0.78 | 1.10 | |||
| MWHIX | 0.13 | 0.04 | (0.96) | 0.79 | 0.00 | 0.33 | 0.99 |