Credit Suisse Correlations

CCRRX Fund

USD 18.09 0.13 0.71%

The current 90-days correlation between Credit Suisse Trust and Nasdaq 100 Index Fund is 0.07 (i.e., Significant diversification). The correlation of Credit Suisse 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.

Credit Suisse Correlation With Market

Good diversification

The correlation between Credit Suisse Trust and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Credit Suisse Trust 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 Credit Suisse Trust. 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 metropolitan statistical area.

Moving together with Credit Mutual Fund

1.0	CRSOX	Credit Suisse Modity	Pair Corr
1.0	CRSCX	Credit Suisse Modity	Pair Corr
0.9	CRSAX	Credit Suisse Modity	Pair Corr
1.0	CCRSX	Commodity Return Strategy	Pair Corr
0.96	PCRIX	Commodityrealreturn	Pair Corr
0.88	PCRRX	Commodityrealreturn Steady Growth	Pair Corr
0.96	PCRPX	Pimco Modityrealreturn	Pair Corr
0.88	PCSRX	Commodityrealreturn Steady Growth	Pair Corr
0.96	PCRAX	Commodityrealreturn	Pair Corr
0.95	PCRCX	Commodityrealreturn Steady Growth	Pair Corr
0.96	PCRNX	Pimco Commodityrealret	Pair Corr
0.76	PCLAX	Pimco Moditiesplus	Pair Corr
0.76	PCPCX	Pimco Moditiesplus	Pair Corr
0.76	PCLNX	Pimco Commoditiesplus	Pair Corr
0.64	PFN	Pimco Income Strategy	Pair Corr
0.74	PDI	Pimco Dynamic Income	Pair Corr

Related Correlations Analysis

	URNQX	OPTCX	PRNHX	TWBIX	LIOTX	LANIX	NQQQX	VOLMX
URNQX		0.94	0.87	0.79	0.89	0.97	0.43	0.93	URNQX
OPTCX	0.94		0.91	0.81	0.93	0.95	0.49	0.94	OPTCX
PRNHX	0.87	0.91		0.66	0.88	0.91	0.5	0.95	PRNHX
TWBIX	0.79	0.81	0.66		0.73	0.84	0.23	0.67	TWBIX
LIOTX	0.89	0.93	0.88	0.73		0.91	0.51	0.91	LIOTX
LANIX	0.97	0.95	0.91	0.84	0.91		0.46	0.95	LANIX
NQQQX	0.43	0.49	0.5	0.23	0.51	0.46		0.61	NQQQX
VOLMX	0.93	0.94	0.95	0.67	0.91	0.95	0.61		VOLMX
	URNQX	OPTCX	PRNHX	TWBIX	LIOTX	LANIX	NQQQX	VOLMX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Credit Mutual Fund performing well and Credit Suisse 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 Credit Suisse'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
URNQX	0.69	0.09	0.07	0.22	0.68	(0.73)	1.57	(1.43)	5.14
OPTCX	0.14	0.05	(0.27)	1.03	0.00	(0.21)	0.32	(0.21)	1.04
PRNHX	0.83	(0.03)	(0.01)	0.08	1.36	(0.83)	1.80	(1.35)	6.84
TWBIX	0.33	0.05	(0.09)	0.92	0.30	(0.38)	0.75	(0.65)	2.38
LIOTX	0.63	0.15	0.09	0.73	0.57	(0.77)	1.33	(1.00)	4.60
LANIX	0.45	0.04	0.01	0.17	0.26	(0.54)	0.91	(0.82)	3.06
NQQQX	0.81	0.09	0.00	0.95	1.49	(0.77)	1.86	(1.56)	9.55
VOLMX	0.56	0.04	0.04	0.14	0.38	(0.71)	1.14	(0.93)	4.49

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

2024 Macroaxis LLC

Credit Suisse Correlations

Credit Suisse Correlation With Market

Good diversification

Moving together with Credit Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY