Eagle Small Correlations

Mutual Funds USA . 
Fund . Eagle Small Cap
HSIIX Fund  USD 25.13  0.04  0.16%   
The current 90-days correlation between Eagle Small Cap and T Rowe Price is 0.88 (i.e., Very poor diversification). The correlation of Eagle 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.

Eagle Small Correlation With Market

Very poor diversification

The correlation between Eagle Small Cap and DJI is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eagle Small 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 Small 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 gross domestic product.

Moving together with Eagle Mutual Fund

  0.97CWFIX Chartwell Short DurationPairCorr
  0.97CWFCX Carillon Chartwell ShortPairCorr
  0.97CWFAX Chartwell Short DurationPairCorr
  0.97CWFRX Carillon Chartwell ShortPairCorr
  0.97HIGCX Eagle Growth IncomePairCorr
  0.97HIGJX Eagle Growth IncomePairCorr
  0.97HIGUX Eagle Growth IncomePairCorr
  0.96CWSHX Carillon Chartwell SmallPairCorr
  0.96CWSCX Carillon Chartwell SmallPairCorr
  0.98CWSAX Carillon Chartwell SmallPairCorr
  0.98CWSBX Carillon Chartwell SmallPairCorr
  0.96CWSWX Carillon Chartwell SmallPairCorr
  0.98CWSRX Columbia Large CapPairCorr
  0.61SCCIX Scout E BondPairCorr
  0.75SUBDX Carillon Reams UnconPairCorr
  0.77SUBFX Scout Unconstrained BondPairCorr
  0.74SUBEX Carillon Reams UnconPairCorr
  0.71SCPDX Carillon Reams CorePairCorr
  0.72SCPWX Carillon Reams CorePairCorr
  0.99UMBMX Scout Mid CapPairCorr
  0.98UMBHX Scout Small CapPairCorr
  0.93BERSX Carillon Chartwell RealPairCorr
  0.93BERIX Berwyn IncomePairCorr
  0.99BERCX Berwyn CornerstonePairCorr
  0.99HRCCX Eagle Capital ApprecPairCorr
  0.99HRCIX Eagle Capital ApprecPairCorr
  0.99HRAUX Eagle Mid CapPairCorr
  0.99HRCUX Eagle Capital ApprecPairCorr
  1.0HRSCX Eagle Small CapPairCorr
  0.99HAGCX Eagle Mid CapPairCorr
  1.0HSCCX Eagle Small CapPairCorr
  0.98EISVX Eagle International StockPairCorr
  0.98EISIX Eagle International StockPairCorr
  0.98EISDX Eagle International StockPairCorr
  0.98EISAX Eagle International StockPairCorr
  0.99CSMUX Carillon Scout MidPairCorr
  0.98CSSVX Carillon Scout SmallPairCorr
  0.98CSSJX Carillon Scout SmallPairCorr
  1.0VSGAX Vanguard Small CapPairCorr

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 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 Eagle 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.

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