Sterling Capital Correlations

BEGIX Fund

USD 17.51 0.14 0.79%

The current 90-days correlation between Sterling Capital Equity and Sterling Capital Equity is -0.04 (i.e., Good diversification). The correlation of Sterling Capital 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.

Sterling Capital Correlation With Market

Significant diversification

The correlation between Sterling Capital Equity and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sterling Capital Equity 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 Sterling Capital Equity. 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 gross domestic product.

Moving together with Sterling Mutual Fund

0.87	BAEIX	Sterling Capital Equity	Pair Corr
0.7	STMDX	Sterling Capital Stratton	Pair Corr
0.92	STSCX	Sterling Capital Stratton	Pair Corr
0.9	STRGX	Sterling Capital Stratton	Pair Corr
1.0	BCEGX	Sterling Capital Equity	Pair Corr

Moving against Sterling Mutual Fund

0.92	STRSX	Sterling Capital Special Steady Growth	Pair Corr
0.91	STSOX	Sterling Capital Stratton Trending	Pair Corr
0.81	SCSIX	Sentinel Multi Asset Steady Growth	Pair Corr
0.79	STREX	Sterling Capital Equity Trending	Pair Corr
0.77	STSNX	Sterling Capital Stratton Steady Growth	Pair Corr
0.77	STRBX	Sterling Capital Beh Steady Growth	Pair Corr
0.64	STRNX	Sterling Capital Stratton Steady Growth	Pair Corr
0.63	STRAX	Stralem Equity	Pair Corr
0.63	BBISX	Sterling Capital Beh	Pair Corr
0.5	BSGAX	Sterling Capital Short	Pair Corr
0.47	STMOX	Sterling Capital Stratton	Pair Corr
0.46	BSCIX	Sterling Capital South	Pair Corr
0.46	STRLX	Sterling Capital Stratton	Pair Corr
0.45	BASCX	Sterling Capital South	Pair Corr
0.45	STMMX	Sterling Capital Stratton	Pair Corr
0.45	BBNTX	Sterling Capital North	Pair Corr
0.44	BBSCX	Sterling Capital Short	Pair Corr
0.41	BBNCX	Sterling Capital North	Pair Corr
0.39	BSCCX	Sterling Capital South	Pair Corr
0.32	BBGVX	Sterling Capital Int	Pair Corr
0.83	SPSDX	Sterling Capital Beh Steady Growth	Pair Corr
0.77	SPSAX	Sterling Capital Beh Steady Growth	Pair Corr
0.65	BBTGX	Sterling Capital Beh	Pair Corr
0.6	BCVCX	Sterling Capital Beh	Pair Corr
0.55	BUSIX	Sterling Capital Ultra	Pair Corr
0.55	BUSRX	Sterling Capital Ultra	Pair Corr
0.54	VVIAX	Vanguard Value Index	Pair Corr
0.52	SHTRX	Sterling Capital Short	Pair Corr
0.5	SCREX	Mfs Variable Insurance	Pair Corr

Related Correlations Analysis

	BAEIX	QRSVX	WBENX	FLMFX	SWEGX	ABCVX	TROCX	TEQAX	PINCX	MDRFX
BAEIX		-0.14	-0.11	0.27	-0.42	0.04	0.19	0.23	-0.27	0.65	BAEIX
QRSVX	-0.14		0.03	0.28	0.36	0.73	0.23	0.22	0.15	-0.03	QRSVX
WBENX	-0.11	0.03		0.61	0.65	-0.08	0.72	0.72	0.45	0.14	WBENX
FLMFX	0.27	0.28	0.61		0.54	0.13	0.92	0.92	0.53	0.32	FLMFX
SWEGX	-0.42	0.36	0.65	0.54		0.2	0.61	0.59	0.62	-0.01	SWEGX
ABCVX	0.04	0.73	-0.08	0.13	0.2		0.21	0.2	-0.22	0.12	ABCVX
TROCX	0.19	0.23	0.72	0.92	0.61	0.21		1.0	0.54	0.35	TROCX
TEQAX	0.23	0.22	0.72	0.92	0.59	0.2	1.0		0.52	0.37	TEQAX
PINCX	-0.27	0.15	0.45	0.53	0.62	-0.22	0.54	0.52		0.05	PINCX
MDRFX	0.65	-0.03	0.14	0.32	-0.01	0.12	0.35	0.37	0.05		MDRFX
	BAEIX	QRSVX	WBENX	FLMFX	SWEGX	ABCVX	TROCX	TEQAX	PINCX	MDRFX

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

TEQAX	+ 1.0	TROCX
TROCX	+ 0.92	FLMFX
TEQAX	+ 0.92	FLMFX
ABCVX	+ 0.73	QRSVX
TROCX	+ 0.72	WBENX
TEQAX	+ 0.72	WBENX

High negative correlations

SWEGX	- 0.42	BAEIX
PINCX	- 0.27	BAEIX
PINCX	- 0.22	ABCVX
QRSVX	- 0.14	BAEIX
WBENX	- 0.11	BAEIX
ABCVX	- 0.08	WBENX

Risk-Adjusted Indicators

There is a big difference between Sterling Mutual Fund performing well and Sterling Capital 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 Sterling Capital'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
BAEIX	0.87	(0.29)	0.00	0.51	0.00	0.00	1.10	(1.26)	21.36
QRSVX	0.71	(0.07)	(0.07)	0.01	0.88	(0.80)	1.81	(1.11)	4.85
WBENX	0.82	(0.02)	(0.03)	0.05	1.29	(0.77)	1.95	(1.77)	5.85
FLMFX	0.63	(0.07)	0.00	(0.02)	0.00	0.00	1.20	(1.48)	5.88
SWEGX	0.52	0.05	(0.02)	0.42	0.71	(0.54)	1.06	(1.15)	3.19
ABCVX	0.45	(0.05)	(0.10)	0.01	0.65	(0.44)	0.89	(1.12)	2.72
TROCX	0.66	(0.06)	(0.07)	0.00	1.04	(0.62)	1.19	(1.36)	4.83
TEQAX	0.68	(0.06)	(0.07)	0.00	1.06	(0.63)	1.15	(1.37)	4.99
PINCX	0.15	0.00	(0.25)	0.21	0.14	(0.24)	0.39	(0.39)	0.98
MDRFX	0.80	(0.13)	0.00	(0.38)	0.00	0.00	1.08	(1.56)	10.68

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

2025 Macroaxis LLC