Carillon Reams Correlations
| SUBTX Fund | USD 12.71 0.01 0.08% |
The current 90-days correlation between Carillon Reams Uncon and Multisector Bond Sma is 0.05 (i.e., Significant 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
Significant diversification
The correlation between Carillon Reams Unconstrained and DJI is 0.03 (i.e., Significant 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.
Carillon |
Moving together with Carillon Mutual Fund
| 0.62 | HIGCX | Eagle Growth Income | PairCorr |
| 0.62 | HIGJX | Eagle Growth Income | PairCorr |
| 0.62 | HIGUX | Eagle Growth Income | PairCorr |
| 0.62 | CWSGX | Chartwell Small Cap | PairCorr |
| 0.61 | CWSAX | Carillon Chartwell Small | PairCorr |
| 0.81 | SCCIX | Scout E Bond | PairCorr |
| 0.78 | SUBFX | Scout Unconstrained Bond | PairCorr |
| 0.78 | SUBEX | Carillon Reams Uncon | PairCorr |
| 0.79 | SCPEX | Carillon Reams Core | PairCorr |
| 0.79 | SCPDX | Carillon Reams Core | PairCorr |
| 0.79 | SCPWX | Carillon Reams Core | PairCorr |
| 0.79 | SCPZX | Scout E Plus | PairCorr |
| 0.62 | UMBHX | Scout Small Cap | PairCorr |
| 0.66 | BERSX | Carillon Chartwell Real | PairCorr |
| 0.66 | BERIX | Berwyn Income | PairCorr |
| 0.65 | BERGX | Carillon Chartwell Real | PairCorr |
| 0.65 | BERHX | Carillon Chartwell Real | PairCorr |
| 0.62 | HRCVX | Eagle Growth Income | PairCorr |
Related Correlations Analysis
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MBSAX | 0.25 | 0.04 | (0.16) | 0.32 | 0.08 | 0.52 | 1.62 | |||
| ARTFX | 0.14 | 0.05 | (0.38) | 0.54 | 0.00 | 0.56 | 0.90 | |||
| TPYYX | 0.68 | 0.15 | 0.11 | 0.38 | 0.41 | 1.93 | 3.81 | |||
| MSTBX | 0.10 | 0.01 | (0.82) | 1.34 | 0.00 | 0.21 | 0.41 | |||
| AAEZX | 0.23 | 0.04 | (0.15) | 0.31 | 0.00 | 0.61 | 1.83 | |||
| TTRBX | 0.16 | 0.03 | (0.50) | 0.74 | 0.00 | 0.40 | 0.82 | |||
| SGYAX | 0.17 | 0.06 | (0.30) | 0.56 | 0.00 | 0.59 | 0.99 | |||
| BBINX | 0.11 | 0.01 | (0.65) | 0.85 | 0.00 | 0.30 | 0.70 |