Martin Currie Correlations

Mutual Funds . USA . 
Fund . Martin Currie Emerging
MCEMX Fund  USD 14.46  0.04  0.28%   
The current 90-days correlation between Martin Currie Emerging and Qs Growth Fund is 0.03 (i.e., Significant diversification). The correlation of Martin Currie 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.

Martin Currie Correlation With Market

Good diversification

The correlation between Martin Currie Emerging and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Martin Currie Emerging 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 Martin Currie Emerging. 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 population.

Moving together with Martin Mutual Fund

  0.62SAGCX Clearbridge AggressivePairCorr
  0.68LGFEX Qs International EquityPairCorr
  0.72LGSCX Qs Small CapitalizationPairCorr
  0.62WACIX Western Asset EPairCorr
  0.65WABCX Western Asset EPairCorr
  0.66WABRX Western Asset EPairCorr
  0.76WABSX Western Asset IntermPairCorr
  0.91WAGIX Western Asset GlobalPairCorr
  0.8SSTLX Western Asset ShortPairCorr
  0.68WAFCX Western Asset InflationPairCorr
  0.71WAFSX Western Asset InflationPairCorr
  0.67WAFRX Western Asset InflationPairCorr
  0.97SBCLX Qs Defensive GrowthPairCorr
  0.94WAHSX Western Asset HighPairCorr
  0.67WAPIX Western Asset EPairCorr
  0.65WAPSX Western Asset EPairCorr
  0.62WAPRX Western Asset EPairCorr
  0.96SBICX Clearbridge InternationalPairCorr
  0.81SBILX Western Asset PoratePairCorr
  0.79WARIX Western Asset TotalPairCorr
  0.7WATCX Western Asset IntermPairCorr
  0.73WATRX Western Asset IntermPairCorr
  0.69WATPX Western Asset InflationPairCorr
  0.97SBMLX Clearbridge Mid CapPairCorr
  0.96SBPLX Clearbridge DividendPairCorr
  0.77WAUCX Western Asset TotalPairCorr
  0.79WAURX Western Asset TotalPairCorr
  0.97SBSDX Qs Sp 500PairCorr
  0.68WAYRX Western Asset HighPairCorr
  0.98SCBCX Qs Servative GrowthPairCorr
  0.98SCGCX Qs Moderate GrowthPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Martin Mutual Fund performing well and Martin Currie 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 Martin Currie'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