Cambiar International Correlations
CAMYX Fund | USD 30.93 0.23 0.74% |
The current 90-days correlation between Cambiar International and Congress Mid Cap is 0.49 (i.e., Very weak diversification). The correlation of Cambiar International 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.
Cambiar International Correlation With Market
Very weak diversification
The correlation between Cambiar International Equity and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cambiar International Equity and DJI in the same portfolio, assuming nothing else is changed.
Cambiar |
Moving together with Cambiar Mutual Fund
0.92 | CAMZX | Cambiar Small Cap | PairCorr |
0.91 | CAMWX | Cambiar Opportunity | PairCorr |
0.86 | CAMUX | Cambiar Smid | PairCorr |
0.92 | CAMSX | Cambiar Small Cap | PairCorr |
0.92 | CAMOX | Cambiar Opportunity | PairCorr |
0.86 | CAMMX | Cambiar Smid | PairCorr |
1.0 | CAMIX | Cambiar International | PairCorr |
0.97 | VGTSX | Vanguard Total Inter | PairCorr |
0.97 | VTIAX | Vanguard Total Inter | PairCorr |
0.97 | VTSNX | Vanguard Total Inter | PairCorr |
0.98 | VTPSX | Vanguard Total Inter | PairCorr |
0.97 | VTISX | Vanguard Total Inter | PairCorr |
0.99 | VTMGX | Vanguard Developed | PairCorr |
0.97 | VDVIX | Vanguard Developed | PairCorr |
0.97 | VTMNX | Vanguard Developed | PairCorr |
0.97 | VDIPX | Vanguard Developed | PairCorr |
0.99 | FSPSX | Fidelity International | PairCorr |
0.88 | FSMMX | Fs Multi Strategy | PairCorr |
0.99 | BTMPX | Ishares Msci Eafe | PairCorr |
0.97 | BTMKX | Blackrock International | PairCorr |
0.99 | MDIIX | Blackrock Intern Index | PairCorr |
0.94 | SBTOX | Sanford C Bernstein | PairCorr |
0.96 | TQGEX | T Rowe Price | PairCorr |
0.79 | FSENX | Fidelity Select Port | PairCorr |
0.91 | RMVIX | Rbc Microcap Value | PairCorr |
0.93 | NFJEX | Allianzgi Nfj Dividend | PairCorr |
0.95 | THMAX | Thrivent Moderate | PairCorr |
0.96 | FCETX | American Funds 2030 | PairCorr |
0.99 | NOIGX | Northern International | PairCorr |
0.65 | VCORX | Vanguard E Bond | PairCorr |
0.94 | MRHYX | Msift High Yield | PairCorr |
0.95 | SHYIX | Guggenheim High Yield | PairCorr |
0.96 | SLCAX | Siit Large Cap | PairCorr |
0.93 | PADCX | Prudential Absolute | PairCorr |
0.9 | AHITX | American High Income | PairCorr |
Related Correlations Analysis
0.83 | 0.75 | 0.85 | 0.86 | IMIDX | ||
0.83 | 0.94 | 0.99 | 0.93 | BISMX | ||
0.75 | 0.94 | 0.9 | 0.95 | JOHIX | ||
0.85 | 0.99 | 0.9 | 0.91 | CEMIX | ||
0.86 | 0.93 | 0.95 | 0.91 | HLMIX | ||
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Risk-Adjusted Indicators
There is a big difference between Cambiar Mutual Fund performing well and Cambiar International 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 Cambiar International'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
IMIDX | 0.65 | 0.03 | 0.02 | 0.23 | 0.41 | 1.58 | 4.55 | |||
BISMX | 0.44 | 0.26 | 0.24 | 0.96 | 0.00 | 1.15 | 2.49 | |||
JOHIX | 0.55 | 0.15 | (0.01) | 0.83 | 0.28 | 1.13 | 3.07 | |||
CEMIX | 0.62 | 0.33 | 0.19 | (3.72) | 0.00 | 1.69 | 4.20 | |||
HLMIX | 0.51 | 0.02 | (0.10) | 0.24 | 0.36 | 1.26 | 3.36 |