Brandywineglobal Correlations
BWG Fund | USD 8.36 0.01 0.12% |
The current 90-days correlation between Brandywineglobal Glo and Virtus Global Multi is 0.4 (i.e., Very weak diversification). The correlation of Brandywineglobal 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.
Brandywineglobal Correlation With Market
Weak diversification
The correlation between Brandywineglobal Globalome Opp and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brandywineglobal Globalome Opp and DJI in the same portfolio, assuming nothing else is changed.
Brandywineglobal |
Moving together with Brandywineglobal Fund
0.8 | BRUFX | Bruce Fund Bruce | PairCorr |
0.75 | SPGSX | State Street Premier | PairCorr |
0.7 | KF | Korea Closed | PairCorr |
0.72 | BAFSX | Brown Advisory Small | PairCorr |
0.78 | WAHSX | Western Asset High | PairCorr |
0.8 | ABASX | Ab Discovery Value | PairCorr |
0.77 | NMHYX | Multi Manager High | PairCorr |
0.8 | WCMNX | Wcm Small Cap | PairCorr |
0.79 | PAALX | All Asset Fund | PairCorr |
0.8 | FSTUX | Invesco Dividend Income | PairCorr |
0.76 | SIRZX | Sierra E Retirement | PairCorr |
0.79 | PFNNX | Pimco Preferred And | PairCorr |
0.78 | VWWOX | Vwwox | PairCorr |
0.81 | MFIRX | Ms Global Fixed | PairCorr |
0.78 | LMPPX | Clearbridge Appreciation | PairCorr |
0.79 | FOSCX | Small Pany Fund | PairCorr |
0.76 | SIRRX | Sierra E Retirement | PairCorr |
0.84 | RYMIX | Telecommunications | PairCorr |
0.78 | AFMFX | American Mutual | PairCorr |
0.79 | PFPNX | Pimco Capital Sec | PairCorr |
0.72 | PIGIX | Investment Grade Porate | PairCorr |
0.68 | JAFFX | John Hancock Variable | PairCorr |
0.64 | BAFLX | Brown Advisory Global | PairCorr |
0.65 | TRWFX | Transamerica Intl Equity | PairCorr |
0.79 | PASCX | All Asset Fund | PairCorr |
0.77 | AZTCX | Aquila Tax Free | PairCorr |
0.75 | ERBCX | Eaton Vance Richard | PairCorr |
0.79 | PATRX | Pimco All Asset | PairCorr |
0.7 | RTIUX | Tax-managed International | PairCorr |
0.8 | SSIZX | Sierra Strategic Income | PairCorr |
0.67 | RYEUX | Europe 125x Strategy | PairCorr |
0.82 | PXTNX | Pimco Rae Plus | PairCorr |
0.86 | XSTKX | Columbia Premium Tec | PairCorr |
Related Correlations Analysis
0.93 | 0.89 | 0.93 | 0.93 | 0.89 | VGI | ||
0.93 | 0.89 | 0.9 | 0.87 | 0.88 | DMO | ||
0.89 | 0.89 | 0.88 | 0.78 | 0.88 | GDO | ||
0.93 | 0.9 | 0.88 | 0.93 | 0.97 | BGX | ||
0.93 | 0.87 | 0.78 | 0.93 | 0.88 | ARDC | ||
0.89 | 0.88 | 0.88 | 0.97 | 0.88 | BGB | ||
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Risk-Adjusted Indicators
There is a big difference between Brandywineglobal Fund performing well and Brandywineglobal 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 Brandywineglobal'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
VGI | 0.41 | 0.07 | (0.13) | 0.46 | 0.19 | 0.83 | 2.49 | |||
DMO | 0.37 | 0.02 | (0.27) | 0.28 | 0.32 | 0.77 | 2.78 | |||
GDO | 0.38 | 0.01 | (0.27) | 0.25 | 0.30 | 0.99 | 2.11 | |||
BGX | 0.36 | 0.09 | (0.20) | 0.73 | 0.00 | 1.06 | 2.63 | |||
ARDC | 0.37 | 0.09 | (0.10) | 0.53 | 0.08 | 0.96 | 3.71 | |||
BGB | 0.36 | 0.06 | (0.20) | 0.46 | 0.20 | 0.98 | 2.81 |