Clearbridge International Correlations

Mutual Funds . USA . 
Fund . Clearbridge International Growth
LMGRX Fund  USD 68.89  0.39  0.57%   
The current 90-days correlation between Clearbridge International and Clearbridge Aggressive Growth is -0.07 (i.e., Good diversification). The correlation of Clearbridge International 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.

Clearbridge International Correlation With Market

Good diversification

The correlation between Clearbridge International Grow and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Clearbridge International Grow and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Clearbridge International Growth. 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 metropolitan statistical area.

Moving together with Clearbridge Mutual Fund

  0.93SAGCX Clearbridge AggressivePairCorr
  0.8LGASX Clearbridge Small CapPairCorr
  0.98LGFEX Qs International EquityPairCorr
  0.93SAPCX Clearbridge AppreciationPairCorr
  0.69LGOCX Legg Mason BwPairCorr
  0.76WAASX Western Asset TotalPairCorr
  0.91LGSCX Qs Small CapitalizationPairCorr
  0.63WACSX Western Asset EPairCorr
  0.72WABSX Western Asset IntermPairCorr
  0.86WAGIX Western Asset GlobalPairCorr
  0.75SSTLX Western Asset ShortPairCorr
  0.67WAFSX Western Asset InflationPairCorr
  0.93SBCLX Qs Defensive GrowthPairCorr
  0.89WAHSX Western Asset HighPairCorr
  0.61WAPIX Western Asset EPairCorr
  0.98SBICX Clearbridge InternationalPairCorr
  0.73WARIX Western Asset TotalPairCorr
  0.66WATCX Western Asset IntermPairCorr
  0.73WATRX Western Asset IntermPairCorr
  0.61WATPX Western Asset InflationPairCorr
  0.92SBMLX Clearbridge Mid CapPairCorr
  0.93SBPLX Clearbridge DividendPairCorr
  0.71WAUCX Western Asset TotalPairCorr
  0.91SBSDX Qs Sp 500PairCorr
  0.89WAYRX Western Asset HighPairCorr
  0.94SCBCX Qs Servative GrowthPairCorr
  0.93SCGCX Qs Moderate GrowthPairCorr
  0.93SCHCX Qs Growth FundPairCorr
  0.98LIESX Qs International EquityPairCorr
  0.91SCSMX Clearbridge Small CapPairCorr
  0.96LIORX Clearbridge InternationalPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Clearbridge Mutual Fund performing well and Clearbridge International 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 Clearbridge International'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SAGCX  0.87  0.15  0.15  0.27  0.73 
(1.04)
 2.54 
(1.61)
 6.37 
LGASX  0.90  0.08  0.08  0.21  0.89 
(1.06)
 2.06 
(1.61)
 6.79 
LGFEX  0.55  0.11  0.04  0.42  0.49 
(0.59)
 1.21 
(1.10)
 3.22 
SAPCX  0.59  0.22  0.09 (3.40) 0.53 
(0.69)
 1.76 
(1.02)
 3.79 
LGOCX  0.33  0.04 (0.25)(0.54) 0.29 
(0.42)
 0.81 
(0.59)
 1.90 
SSMMX  0.18  0.01 (0.42)(0.19) 0.17 
(0.23)
 0.49 
(0.35)
 1.62 
WAASX  0.17  0.04 (0.40) 4.85  0.00 
(0.22)
 0.44 
(0.33)
 1.22 
LGSCX  0.82  0.31  0.14 (1.70) 0.77 
(0.94)
 2.47 
(1.71)
 5.59 
WACIX  0.28  0.01 (0.31) 0.22  0.28 
(0.30)
 0.55 
(0.55)
 1.33 
WACSX  0.27  0.01 (0.30) 0.27  0.25 
(0.31)
 0.48 
(0.48)
 1.26 

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