Baillie Gifford Correlations

Mutual Funds . USA . 
Fund . Baillie Gifford Emerging
BGEHX Fund  USD 22.97  0.09  0.39%   
The current 90-days correlation between Baillie Gifford Emerging and The Eafe Pure is -0.08 (i.e., Good diversification). The correlation of Baillie Gifford 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.

Baillie Gifford Correlation With Market

Good diversification

The correlation between Baillie Gifford Emerging and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Baillie Gifford Emerging 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 Baillie Gifford Emerging. 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 rate.

Moving together with Baillie Mutual Fund

  0.93BSGPX Eafe PurePairCorr
  0.98BSGLX Long Term Steady GrowthPairCorr
  0.96BTLSX Baillie Gifford IntePairCorr
  0.95BTLKX Baillie Gifford IntePairCorr
  0.99BGAKX Global AlphaPairCorr
  0.71BGALX Baillie Gifford GlobalPairCorr
  0.98BGASX Global AlphaPairCorr
  0.99BGATX Baillie Gifford GlobalPairCorr
  0.94BGCWX Baillie Gifford EafePairCorr
  0.96BGCSX Eafe ChoicePairCorr
  0.96BGCJX Baillie Gifford EafePairCorr
  0.91BGCDX Baillie Gifford China Steady GrowthPairCorr
  0.91BGCBX Baillie Gifford China Steady GrowthPairCorr
  0.99BGEZX Baillie Gifford EmergingPairCorr
  0.99BGEWX Baillie Gifford EmergingPairCorr
  0.97BGEVX Baillie Gifford EafePairCorr
  0.97BGESX Eafe FundPairCorr
  0.98BGETX Baillie Gifford EafePairCorr
  0.99BGEPX Baillie Gifford EmergingPairCorr
  0.97BGEKX Eafe FundPairCorr
  0.99BGELX Emerging MarketsPairCorr
  0.99BGEGX Baillie Gifford EmergingPairCorr
  0.65BGEFX Baillie Gifford EafePairCorr
  0.99BGEDX Baillie Gifford EmergingPairCorr
  0.98BGGSX Equity GrowthPairCorr
  0.98BGGKX Equity GrowthPairCorr
  0.96BGIUX Baillie Gifford IntePairCorr
  0.96BGIVX Baillie Gifford IntePairCorr
  0.96BGITX Baillie Gifford IntePairCorr
  0.94BGIKX The International EquityPairCorr
  0.96BGIFX Baillie Gifford IntePairCorr
  0.99BGKEX Emerging MarketsPairCorr
  0.97BGLTX Baillie Gifford Steady GrowthPairCorr
  0.98BGLKX Long Term Steady GrowthPairCorr
  0.95BGPKX Eafe PurePairCorr
  0.95BGPFX Baillie Gifford EafePairCorr
  0.89BICKX The International SmallerPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Baillie Mutual Fund performing well and Baillie Gifford 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 Baillie Gifford'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
BSGPX  0.63  0.18  0.07  2.78  0.48 
(0.76)
 1.56 
(1.11)
 4.16 
BSGLX  0.91  0.39  0.25 (5.96) 0.52 
(1.10)
 2.80 
(1.47)
 5.23 
BTLSX  0.81  0.30  0.17 (3.70) 0.49 
(0.94)
 2.59 
(1.52)
 4.52 
BTLKX  0.84  0.30  0.19  2.63  0.46 
(0.94)
 2.55 
(1.42)
 4.81 
BGAKX  0.70  0.30  0.18 (3.92) 0.42 
(0.85)
 2.18 
(1.35)
 5.63 
BGALX  0.28  0.07  0.00  0.98  0.00 
 0.00 
 1.94 
 0.00 
 4.05 
BGASX  0.72  0.30  0.20  2.45  0.41 
(0.86)
 2.11 
(1.35)
 5.62 
BGATX  0.70  0.30  0.18 (3.83) 0.41 
(0.84)
 2.16 
(1.40)
 5.66 
BGCWX  0.60  0.19  0.09  2.37  0.41 
(0.72)
 1.59 
(1.11)
 4.04 
BGCSX  0.57  0.19  0.06 (1.86) 0.44 
(0.67)
 1.49 
(1.11)
 3.94 

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