Brown Advisory Correlations

BAFLX Fund

USD 27.61 0.45 0.25%

The correlation of Brown Advisory 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.

Check out Trending Equities to better understand how to build diversified portfolios. 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 bureau of economic analysis.

Moving together with Brown Mutual Fund

0.88	FNFPX	American Funds New	Pair Corr
0.88	FFPNX	American Funds New	Pair Corr
0.88	NPFCX	New Perspective	Pair Corr
0.88	ANWPX	New Perspective	Pair Corr
0.71	NPFFX	New Perspective	Pair Corr
0.88	CNPAX	New Perspective	Pair Corr
0.88	CNPEX	New Perspective	Pair Corr
0.88	CNPFX	New Perspective	Pair Corr
0.88	CNPCX	New Perspective	Pair Corr
0.88	RNPAX	New Perspective	Pair Corr
0.62	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr

Moving against Brown Mutual Fund

0.39	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.36	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.31	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	LRSOX	QRSAX	MAVKX	QRSVX	UMPSX	CVVRX
LRSOX		0.98	0.99	0.98	0.96	0.77	LRSOX
QRSAX	0.98		0.98	1.0	0.98	0.8	QRSAX
MAVKX	0.99	0.98		0.98	0.96	0.77	MAVKX
QRSVX	0.98	1.0	0.98		0.98	0.8	QRSVX
UMPSX	0.96	0.98	0.96	0.98		0.78	UMPSX
CVVRX	0.77	0.8	0.77	0.8	0.78		CVVRX
	LRSOX	QRSAX	MAVKX	QRSVX	UMPSX	CVVRX

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Risk-Adjusted Indicators

There is a big difference between Brown Mutual Fund performing well and Brown Advisory 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 Brown Advisory'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LRSOX	0.89	(0.04)	0.01	0.10	0.85	(1.04)	2.12	(1.46)	7.26
QRSAX	0.77	(0.01)	0.02	0.12	0.68	(0.87)	1.87	(1.28)	6.37
MAVKX	0.86	(0.04)	0.02	0.10	0.76	(0.98)	1.97	(1.39)	7.83
QRSVX	0.77	(0.01)	0.02	0.12	0.68	(0.87)	1.89	(1.28)	6.35
UMPSX	1.42	(0.03)	0.08	0.11	1.40	(1.55)	3.41	(2.41)	10.41
CVVRX	0.85	0.11	0.00	1.09	0.77	(1.03)	2.04	(1.42)	6.23

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Brown Advisory Correlations

Moving together with Brown Mutual Fund

Moving against Brown Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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