Fiera Capital Correlations

FCGIX Fund

USD 20.46 0.10 0.49%

The current 90-days correlation between Fiera Capital Global and Fiera Capital Smallmid Cap is 0.82 (i.e., Very poor diversification). The correlation of Fiera Capital 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.

Fiera Capital Correlation With Market

Very poor diversification

The correlation between Fiera Capital Global and DJI is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fiera Capital Global and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fiera Capital Global. 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 gross domestic product.

Moving together with Fiera Mutual Fund

0.96	APSRX	Fiera Capital Smallmid	Pair Corr
1.0	FCGEX	Fiera Capital Global	Pair Corr
0.93	FCIWX	Fiera Capital Intern	Pair Corr
0.93	FCIUX	Fiera Capital Intern	Pair Corr
0.92	FCIRX	Fiera Capital Intern	Pair Corr
0.99	FCUIX	Fiera Capital Equity	Pair Corr
0.99	FCUEX	Fiera Capital Equity	Pair Corr
0.98	FNFPX	American Funds New	Pair Corr
0.98	FFPNX	American Funds New	Pair Corr
0.98	NPFCX	New Perspective	Pair Corr
0.98	ANWPX	New Perspective	Pair Corr
0.98	NPFFX	New Perspective	Pair Corr
0.98	CNPAX	New Perspective	Pair Corr
0.98	CNPEX	New Perspective	Pair Corr
0.98	CNPFX	New Perspective	Pair Corr
0.98	CNPCX	New Perspective	Pair Corr
0.98	RNPAX	New Perspective	Pair Corr
0.75	GAAKX	Gmo Alternative Allo	Pair Corr
0.75	GAAGX	Gmo Alternative Allo	Pair Corr
0.94	JELMX	Jhn Hk Modr	Pair Corr
0.9	FJPTX	Fidelity Japan	Pair Corr
0.76	JYEBX	Jhancock Real Estate	Pair Corr
0.98	UIVMX	Mfs Intrinsic Value	Pair Corr
0.95	PDCZX	Prudential Income Builder	Pair Corr
0.95	LTTSX	Mfs Lifetime 2025	Pair Corr
0.98	SCRSX	Small Cap Core	Pair Corr
0.97	POGRX	Primecap Odyssey Growth	Pair Corr
0.98	SUTZX	Ab Sustainable Thematic	Pair Corr
0.98	TILWX	Tiaa Cref Large	Pair Corr
0.96	HSCSX	Small-company Stock	Pair Corr
0.65	FNMAX	Fidelity New York	Pair Corr
0.97	LVOPX	Lord Abbett Value	Pair Corr
0.97	SZCCX	Deutsche Small Cap	Pair Corr

Moving against Fiera Mutual Fund

0.46

GPMFX

Guidepath Managed Futures

Pair Corr

Related Correlations Analysis

	APSRX	FCGIX	FCGEX	FCIWX	FCIUX	FCIRX	FCUIX	FCUEX
APSRX		0.96	0.96	0.95	0.95	0.94	0.94	0.94	APSRX
FCGIX	0.96		1.0	0.93	0.93	0.92	0.99	0.99	FCGIX
FCGEX	0.96	1.0		0.93	0.93	0.92	0.99	0.99	FCGEX
FCIWX	0.95	0.93	0.93		1.0	1.0	0.89	0.89	FCIWX
FCIUX	0.95	0.93	0.93	1.0		1.0	0.89	0.89	FCIUX
FCIRX	0.94	0.92	0.92	1.0	1.0		0.88	0.88	FCIRX
FCUIX	0.94	0.99	0.99	0.89	0.89	0.88		1.0	FCUIX
FCUEX	0.94	0.99	0.99	0.89	0.89	0.88	1.0		FCUEX
	APSRX	FCGIX	FCGEX	FCIWX	FCIUX	FCIRX	FCUIX	FCUEX

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Risk-Adjusted Indicators

There is a big difference between Fiera Mutual Fund performing well and Fiera Capital 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 Fiera Capital'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
APSRX	0.76	0.07	0.07	0.20	0.83	(0.81)	1.88	(1.56)	6.60
FCGIX	0.64	0.03	0.00	0.17	0.58	(0.72)	1.63	(1.25)	3.62
FCGEX	0.64	0.03	0.00	0.16	0.58	(0.72)	1.59	(1.26)	3.64
FCIWX	0.63	0.02	(0.04)	0.18	0.71	(0.67)	1.40	(1.23)	3.86
FCIUX	0.63	0.02	(0.04)	0.18	0.71	(0.66)	1.34	(1.23)	3.87
FCIRX	0.63	0.02	(0.05)	0.17	0.71	(0.67)	1.34	(1.24)	3.83
FCUIX	0.67	0.00	(0.02)	0.13	0.66	(0.73)	1.54	(1.30)	3.86
FCUEX	0.67	0.00	(0.02)	0.13	0.66	(0.73)	1.49	(1.35)	3.77

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