Brandes Core Correlations

Mutual Funds . USA . 
Fund . Brandes E Plus
BCPRX Fund  USD 8.37  0.02  0.24%   
The current 90-days correlation between Brandes E Plus and Brandes Small Cap is 0.03 (i.e., Significant diversification). The correlation of Brandes Core 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.

Brandes Core Correlation With Market

Modest diversification

The correlation between Brandes E Plus and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brandes E Plus 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 Brandes E Plus. 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 metropolitan statistical area.

Moving together with Brandes Mutual Fund

  0.62BSCRX Brandes Small CapPairCorr
  0.62BSCMX Brandes Small CapPairCorr
  0.62BSCAX Brandes Small CapPairCorr
  0.99BCPIX Brandes E PlusPairCorr
  0.99BCPAX Brandes E PlusPairCorr
  0.68BEMIX Brandes Emerging MarketsPairCorr
  0.67BEMCX Brandes Emerging MarketsPairCorr
  0.67BEMAX Brandes Emerging MarketsPairCorr
  0.67BEMRX Brandes Emerging MarketsPairCorr
  0.71BGEAX Brandes Global EquityPairCorr
  0.71BGVIX Brandes Global EquityPairCorr
  0.71BGVCX Brandes Global EquityPairCorr
  0.68BIERX Brandes InternationalPairCorr
  0.68BIECX Brandes InternationalPairCorr
  0.68BIEAX Brandes InternationalPairCorr
  0.68BIIEX Brandes InternationalPairCorr
  0.72BINCX Brandes InternationalPairCorr
  0.72BISMX Brandes InternationalPairCorr
  0.72BISAX Brandes InternationalPairCorr
  0.72BISRX Brandes InternationalPairCorr
  0.96SMARX Brandes SeparatelyPairCorr
  0.98MWTNX Metropolitan West TotalPairCorr
  0.99MWTSX Metropolitan West TotalPairCorr
  0.99PTTPX Pimco Total ReturnPairCorr
  0.99PTRRX Total ReturnPairCorr
  0.99PTRAX Total ReturnPairCorr
  0.99PTTRX Total ReturnPairCorr
  0.99FIWGX Strategic AdvisersPairCorr
  0.98DODIX Dodge IncomePairCorr
  0.99MWTIX Metropolitan West TotalPairCorr
  0.98MWTRX Metropolitan West TotalPairCorr
  0.79HLDIX Hartford EmergingPairCorr
  0.8HLDRX Hartford EmergingPairCorr
  0.8HLDAX Hartford EmergingPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Brandes Mutual Fund performing well and Brandes Core 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 Brandes Core'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
BSCRX  0.90  0.19  0.21  0.33  0.50 
(1.12)
 2.49 
(1.30)
 5.75 
BSCMX  0.90  0.19  0.20  0.33  0.52 
(1.15)
 2.52 
(1.28)
 5.81 
BSCAX  0.89  0.19  0.20  0.33  0.52 
(1.14)
 2.50 
(1.30)
 5.72 
BCPIX  0.25  0.00 (0.40) 0.16  0.22 
(0.28)
 0.49 
(0.48)
 1.08 
BCPAX  0.24  0.00 (0.40) 0.18  0.21 
(0.27)
 0.37 
(0.48)
 1.09 
BEMIX  0.48  0.24  0.28  0.72  0.00 
(0.65)
 1.55 
(0.92)
 3.22 
BEMCX  0.49  0.24  0.26  0.72  0.00 
(0.64)
 1.57 
(0.93)
 3.05 
BEMAX  0.48  0.24  0.28  0.74  0.00 
(0.64)
 1.68 
(0.84)
 3.25 
BEMRX  0.49  0.24  0.29  0.72  0.00 
(0.63)
 1.53 
(0.93)
 3.12 
BGVIX  0.51  0.11  0.08  0.31  0.41 
(0.59)
 1.41 
(0.94)
 3.26 

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY