Eagle Capital Correlations

Mutual Funds . USA . 
Fund . Eagle Capital Appreciation
HRCIX Fund  USD 65.36  0.41  0.63%   
The current 90-days correlation between Eagle Capital Apprec and Goldman Sachs Financial is 0.12 (i.e., Average diversification). The correlation of Eagle 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.

Eagle Capital Correlation With Market

Very poor diversification

The correlation between Eagle Capital Appreciation and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eagle Capital Appreciation 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 Capital Appreciation. 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 Eagle Mutual Fund

  0.97CWFIX Chartwell Short DurationPairCorr
  0.97CWFCX Carillon Chartwell ShortPairCorr
  0.97CWFAX Chartwell Short DurationPairCorr
  0.98CWFRX Carillon Chartwell ShortPairCorr
  0.98HIGCX Eagle Growth IncomePairCorr
  0.98HIGJX Eagle Growth IncomePairCorr
  0.98HIGUX Eagle Growth IncomePairCorr
  0.95CWSIX Chartwell Small CapPairCorr
  0.98CWSGX Chartwell Small CapPairCorr
  0.94CWSHX Carillon Chartwell SmallPairCorr
  0.95CWSCX Carillon Chartwell SmallPairCorr
  0.98CWSAX Carillon Chartwell SmallPairCorr
  0.98CWSBX Carillon Chartwell SmallPairCorr
  0.95CWSWX Carillon Chartwell SmallPairCorr
  0.98CWSRX Columbia Large CapPairCorr
  0.61SCCIX Scout E BondPairCorr
  0.76SUBTX Carillon Reams UnconPairCorr
  0.75SUBDX Carillon Reams UnconPairCorr
  0.77SUBFX Scout Unconstrained BondPairCorr
  0.74SUBEX Carillon Reams UnconPairCorr
  0.67SCPEX Carillon Reams CorePairCorr
  0.71SCPDX Carillon Reams CorePairCorr
  0.72SCPWX Carillon Reams CorePairCorr
  0.71SCPZX Scout E PlusPairCorr
  0.99UMBMX Scout Mid CapPairCorr
  0.97UMBHX Scout Small CapPairCorr
  0.93BERSX Carillon Chartwell RealPairCorr
  0.93BERIX Berwyn IncomePairCorr
  0.93BERHX Carillon Chartwell RealPairCorr
  0.98BERDX Carillon Chartwell MidPairCorr
  0.98BERBX Carillon Chartwell MidPairCorr
  0.97BERCX Berwyn CornerstonePairCorr
  0.98BERAX Carillon Chartwell MidPairCorr
  1.0HRCCX Eagle Capital ApprecPairCorr
  0.99HRAUX Eagle Mid CapPairCorr
  1.0HRCPX Eagle Capital ApprecPairCorr
  1.0HRCUX Eagle Capital ApprecPairCorr
  0.98HRCVX Eagle Growth IncomePairCorr
  0.99HRSCX Eagle Small CapPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
SBFAX
+ 0.94
RMBLX
SBFAX
+ 0.93
PGFMX
RMBLX
+ 0.82
PGFMX
PGFMX
+ 0.73
FTIXX
RMBLX
+ 0.64
FTIXX
SBFAX
+ 0.64
FTIXX
  
High negative correlations   
XFINX
- 0.6
PGFMX
XFINX
- 0.4
SBFAX
XFINX
- 0.19
FTIXX
XFINX
- 0.16
RMBLX

Risk-Adjusted Indicators

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

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