Carillon Reams Correlations

SUBEX Fund

USD 12.36 0.03 0.24%

The current 90-days correlation between Carillon Reams Uncon and Chartwell Short Duration is -0.08 (i.e., Good diversification). The correlation of Carillon Reams 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.

Carillon Reams Correlation With Market

Very good diversification

The correlation between Carillon Reams Unconstrained and DJI is -0.27 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carillon Reams Unconstrained and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Carillon Reams Unconstrained. 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 income.

Moving together with Carillon Mutual Fund

0.74	SUBTX	Carillon Reams Uncon	Pair Corr
0.76	SUBDX	Carillon Reams Uncon	Pair Corr
0.93	SUBFX	Scout Unconstrained Bond	Pair Corr
0.72	SCPEX	Carillon Reams Core	Pair Corr
0.77	SCPDX	Carillon Reams Core	Pair Corr
0.72	SCPZX	Scout E Plus	Pair Corr

Moving against Carillon Mutual Fund

0.76	CWSCX	Carillon Chartwell Small	Pair Corr
0.76	CWSWX	Carillon Chartwell Small	Pair Corr
0.74	HIGCX	Eagle Growth Income	Pair Corr
0.71	UMBHX	Scout Small Cap	Pair Corr
0.7	CWSBX	Carillon Chartwell Small	Pair Corr
0.66	HIGJX	Eagle Growth Income	Pair Corr
0.66	HIGUX	Eagle Growth Income	Pair Corr
0.66	CWSIX	Chartwell Small Cap	Pair Corr
0.66	CWSHX	Carillon Chartwell Small	Pair Corr
0.62	BERDX	Carillon Chartwell Mid	Pair Corr
0.6	UMBMX	Scout Mid Cap	Pair Corr
0.6	BERBX	Carillon Chartwell Mid	Pair Corr
0.59	CWSRX	Columbia Large Cap	Pair Corr
0.58	CWSGX	Chartwell Small Cap	Pair Corr
0.54	CWSAX	Carillon Chartwell Small	Pair Corr
0.71	HRSCX	Eagle Small Cap	Pair Corr
0.71	CSSVX	Carillon Scout Small	Pair Corr
0.71	CSSAX	Carillon Scout Small	Pair Corr
0.66	HRCVX	Eagle Growth Income	Pair Corr
0.63	HRCCX	Eagle Capital Apprec	Pair Corr
0.62	BERAX	Carillon Chartwell Mid	Pair Corr
0.62	HRCIX	Eagle Capital Apprec	Pair Corr
0.62	HRCUX	Eagle Capital Apprec	Pair Corr
0.62	HSCCX	Eagle Small Cap	Pair Corr

Related Correlations Analysis

	CWFIX	CWFCX	CWFAX	CWFRX	HIGCX	HIGJX	HIGUX	CWSIX	CWSGX	CWSHX
CWFIX		0.7	0.67	0.66	0.53	0.62	0.62	0.63	0.5	0.65	CWFIX
CWFCX	0.7		0.99	0.98	0.39	0.34	0.34	0.39	0.41	0.34	CWFCX
CWFAX	0.67	0.99		1.0	0.33	0.26	0.26	0.32	0.34	0.26	CWFAX
CWFRX	0.66	0.98	1.0		0.29	0.21	0.21	0.27	0.28	0.21	CWFRX
HIGCX	0.53	0.39	0.33	0.29		0.9	0.9	0.88	0.77	0.9	HIGCX
HIGJX	0.62	0.34	0.26	0.21	0.9		1.0	0.91	0.81	0.98	HIGJX
HIGUX	0.62	0.34	0.26	0.21	0.9	1.0		0.91	0.81	0.98	HIGUX
CWSIX	0.63	0.39	0.32	0.27	0.88	0.91	0.91		0.92	0.94	CWSIX
CWSGX	0.5	0.41	0.34	0.28	0.77	0.81	0.81	0.92		0.81	CWSGX
CWSHX	0.65	0.34	0.26	0.21	0.9	0.98	0.98	0.94	0.81		CWSHX
	CWFIX	CWFCX	CWFAX	CWFRX	HIGCX	HIGJX	HIGUX	CWSIX	CWSGX	CWSHX

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Risk-Adjusted Indicators

There is a big difference between Carillon Mutual Fund performing well and Carillon Reams 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 Carillon Reams' 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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
CWFIX	0.12	0.01	0.29	0.02	0.13	(0.14)	0.21	(0.31)	0.74
CWFCX	0.11	0.01	0.27	0.19	0.07	(0.16)	0.21	(0.21)	0.74
CWFAX	0.11	0.02	0.28	0.21	0.07	(0.16)	0.21	(0.32)	0.75
CWFRX	0.12	0.02	0.28	0.23	0.08	(0.15)	0.21	(0.32)	0.75
HIGCX	1.00	(0.08)	0.00	1.23	0.00	0.00	1.54	(1.93)	9.39
HIGJX	1.00	(0.02)	0.00	(0.10)	0.00	0.00	1.61	(1.92)	9.40
HIGUX	1.01	(0.02)	0.00	(0.10)	0.00	0.00	1.56	(1.93)	9.38
CWSIX	1.38	(0.12)	0.00	0.76	0.00	0.00	2.48	(3.09)	13.92
CWSGX	1.70	(0.12)	0.00	0.47	0.00	0.00	3.11	(3.82)	14.50
CWSHX	1.39	(0.04)	0.00	(0.11)	0.00	0.00	2.49	(3.09)	13.77

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