Chartwell Small Correlations
| CWSIX Fund | USD 14.74 0.06 0.41% |
The current 90-days correlation between Chartwell Small Cap and Barings High Yield is -0.19 (i.e., Good diversification). The correlation of Chartwell Small 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.
Chartwell Small Correlation With Market
Very poor diversification
The correlation between Chartwell Small Cap and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chartwell Small Cap and DJI in the same portfolio, assuming nothing else is changed.
Chartwell |
Moving together with Chartwell Mutual Fund
| 0.63 | CWFIX | Chartwell Short Duration | PairCorr |
| 0.63 | CWFCX | Carillon Chartwell Short | PairCorr |
| 0.86 | CWSHX | Carillon Chartwell Small | PairCorr |
| 0.86 | CWSCX | Carillon Chartwell Small | PairCorr |
| 0.86 | CWSWX | Carillon Chartwell Small | PairCorr |
| 0.73 | UMBMX | Scout Mid Cap | PairCorr |
| 0.71 | BERCX | Berwyn Nerstone | PairCorr |
| 0.68 | HRAUX | Eagle Mid Cap | PairCorr |
Related Correlations Analysis
| 0.9 | 0.99 | 0.97 | 0.96 | BXHCX | ||
| 0.9 | 0.89 | 0.92 | 0.85 | ABTYX | ||
| 0.99 | 0.89 | 0.97 | 0.97 | AGDAX | ||
| 0.97 | 0.92 | 0.97 | 0.94 | GHVIX | ||
| 0.96 | 0.85 | 0.97 | 0.94 | PBHAX | ||
Risk-Adjusted Indicators
There is a big difference between Chartwell Mutual Fund performing well and Chartwell Small 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 Chartwell Small'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BXHCX | 0.11 | 0.02 | (0.16) | (0.22) | 0.00 | 0.36 | 1.11 | |||
| ABTYX | 0.18 | 0.09 | 0.23 | 2.47 | 0.00 | 0.60 | 1.10 | |||
| AGDAX | 0.14 | 0.02 | (0.15) | (0.21) | 0.00 | 0.29 | 1.00 | |||
| GHVIX | 0.12 | 0.02 | (0.18) | (0.57) | 0.00 | 0.28 | 1.01 | |||
| PBHAX | 0.13 | 0.02 | (0.11) | (0.56) | 0.00 | 0.41 | 1.25 |