Boston Partners Correlations

Mutual Funds . USA . 
Fund . Boston Partners Global
BGLSX Fund  USD 15.43  0.00  0.00%   
The current 90-days correlation between Boston Partners Global and Vanguard Financials Index is 0.03 (i.e., Significant diversification). The correlation of Boston Partners 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.

Boston Partners Correlation With Market

Significant diversification

The correlation between Boston Partners Global and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Boston Partners Global and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Partners Global. 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 state.

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Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Boston Mutual Fund performing well and Boston Partners 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 Boston Partners' 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.

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