Boston Trust Correlations

Mutual Funds . USA . 
Fund . Boston Trust Asset
BTBFX Fund  USD 63.31  0.08  0.13%   
The current 90-days correlation between Boston Trust Asset and Walden Asset Management is 0.98 (i.e., Almost no diversification). The correlation of Boston Trust 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.

Boston Trust Correlation With Market

Almost no diversification

The correlation between Boston Trust Asset and DJI is 0.95 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Boston Trust Asset 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 Boston Trust Asset. 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 census.

Moving together with Boston Mutual Fund

  0.97WAMFX Walden MidcapPairCorr
  1.0WSBFX Walden Asset ManagementPairCorr
  0.69WSEFX Walden EquityPairCorr
  0.66WASMX Walden Smid CapPairCorr
  0.7BTEFX Boston Trust EquityPairCorr
  0.97BTMFX Boston Trust MidcapPairCorr
  0.95BTSMX Boston Trust SmidPairCorr
  0.93BOSOX Boston Trust SmallPairCorr
  0.98FFIFX American FundsPairCorr
  0.98FAIFX American FundsPairCorr
  0.98IFACX Income FundPairCorr
  0.98IFAFX Income FundPairCorr
  0.98AMECX Income FundPairCorr
  0.98RIDBX Income FundPairCorr
  0.98CIMEX Income FundPairCorr
  0.98RIDFX Income FundPairCorr
  0.98CIMCX Income FundPairCorr
  0.98CIMFX Income FundPairCorr
  0.98ASG Liberty All StarPairCorr
  0.9IIF Morgan Stanley IndiaPairCorr
  0.98CII Blackrock EnhancedPairCorr
  0.79IFN India ClosedPairCorr
  0.98ETV Eaton Vance TaxPairCorr
  0.94CLM Cornerstone StrategicPairCorr
  0.94CRF Cornerstone StrategicPairCorr
  0.98USA Liberty All StarPairCorr
  0.99ETY Eaton Vance TaxPairCorr
  0.97NFJ Virtus Dividend InterestPairCorr
  0.93PBCAX Prudential CaliforniaPairCorr
  0.97HBLTX Hartford BalancedPairCorr
  0.98FCUEX Fiera Capital EquityPairCorr
  0.98GGEIX Nationwide Global EquityPairCorr
  0.99UTVGX My529 Growth IndexPairCorr
  0.95MPACX Matthews Asia GrowthPairCorr
  0.99DRYQX Dreyfus Research GrowthPairCorr
  0.98ACARX Alger Capital ApprecPairCorr
  0.98COMSX Dws CommunicationsPairCorr
  0.61MCSHX Mfs Commodity StrategyPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Boston Mutual Fund performing well and Boston Trust 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 Boston Trust'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.

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