Eagle Mid Correlations

Mutual Funds USA . 
Fund . Eagle Mid Cap
HAGCX Fund  USD 53.37  0.52  0.96%   
The current 90-days correlation between Eagle Mid Cap and Lord Abbett Health is 0.76 (i.e., Poor diversification). The correlation of Eagle Mid 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.

Eagle Mid Correlation With Market

Almost no diversification

The correlation between Eagle Mid Cap and DJI is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eagle Mid Cap and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Eagle Mid Cap. 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 main economic indicators.

Moving together with Eagle Mutual Fund

  0.96CWFIX Chartwell Short DurationPairCorr
  0.96CWFCX Carillon Chartwell ShortPairCorr
  0.96CWFAX Chartwell Short DurationPairCorr
  0.97CWFRX Carillon Chartwell ShortPairCorr
  0.97HIGCX Eagle Growth IncomePairCorr
  0.97HIGJX Eagle Growth IncomePairCorr
  0.97HIGUX Eagle Growth IncomePairCorr
  0.96CWSIX Chartwell Small CapPairCorr
  0.97CWSGX Chartwell Small CapPairCorr
  0.96CWSHX Carillon Chartwell SmallPairCorr
  0.96CWSCX Carillon Chartwell SmallPairCorr
  0.97CWSAX Carillon Chartwell SmallPairCorr
  0.97CWSBX Carillon Chartwell SmallPairCorr
  0.96CWSWX Carillon Chartwell SmallPairCorr
  0.97CWSRX Columbia Large CapPairCorr
  0.76SUBTX Carillon Reams UnconPairCorr
  0.75SUBDX Carillon Reams UnconPairCorr
  0.76SUBFX Scout Unconstrained BondPairCorr
  0.74SUBEX Carillon Reams UnconPairCorr
  0.66SCPEX Carillon Reams CorePairCorr
  0.69SCPDX Carillon Reams CorePairCorr
  0.7SCPWX Carillon Reams CorePairCorr
  0.68SCPZX Scout E PlusPairCorr
  1.0UMBMX Scout Mid CapPairCorr
  0.97UMBHX Scout Small CapPairCorr
  0.93BERSX Carillon Chartwell RealPairCorr
  0.94BERIX Berwyn IncomePairCorr
  0.93BERGX Carillon Chartwell RealPairCorr
  0.93BERHX Carillon Chartwell RealPairCorr
  0.98BERDX Carillon Chartwell MidPairCorr
  0.98BERBX Carillon Chartwell MidPairCorr
  0.98BERCX Berwyn CornerstonePairCorr
  0.98BERAX Carillon Chartwell MidPairCorr
  0.99HRCCX Eagle Capital ApprecPairCorr
  0.99HRCIX Eagle Capital ApprecPairCorr
  1.0HRAUX Eagle Mid CapPairCorr
  0.99HRCPX Eagle Capital ApprecPairCorr
  0.99HRCUX Eagle Capital ApprecPairCorr
  0.97HRCVX Eagle Growth IncomePairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Eagle Mutual Fund performing well and Eagle Mid 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 Eagle Mid'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