Scout Core Correlations
| SCCIX Fund | USD 10.70 0.02 0.19% |
The current 90-days correlation between Scout E Bond and Americafirst Monthly Risk On is 0.32 (i.e., Weak diversification). The correlation of Scout Core 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.
Scout |
Moving together with Scout Mutual Fund
| 0.65 | CWFIX | Chartwell Short Duration | PairCorr |
| 0.65 | HIGCX | Eagle Growth Income | PairCorr |
| 0.75 | SUBTX | Carillon Reams Uncon | PairCorr |
| 0.76 | SUBDX | Carillon Reams Uncon | PairCorr |
| 0.75 | SUBFX | Scout Unconstrained Bond | PairCorr |
| 0.67 | SUBEX | Carillon Reams Uncon | PairCorr |
| 0.72 | SCPEX | Carillon Reams Core | PairCorr |
| 0.71 | SCPDX | Carillon Reams Core | PairCorr |
| 0.8 | SCPWX | Carillon Reams Core | PairCorr |
| 0.81 | SCPZX | Scout E Plus | PairCorr |
| 0.69 | UMBHX | Scout Small Cap | PairCorr |
| 0.68 | BERIX | Berwyn Income | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Scout Mutual Fund performing well and Scout Core 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 Scout Core'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ABRUX | 0.43 | 0.24 | 0.27 | (11.17) | 0.00 | 1.24 | 2.85 | |||
| PHDTX | 0.11 | 0.07 | (0.37) | (6.20) | 0.00 | 0.34 | 0.92 | |||
| MWHIX | 0.13 | 0.06 | (0.43) | 2.22 | 0.00 | 0.55 | 1.00 | |||
| AGDAX | 0.15 | 0.07 | (0.26) | (2.83) | 0.00 | 0.45 | 1.03 | |||
| SABIX | 0.45 | 0.23 | 0.19 | (3.78) | 0.00 | 1.43 | 3.37 | |||
| BXHCX | 0.17 | 0.09 | (0.23) | (2.74) | 0.00 | 0.63 | 1.16 | |||
| AGDZX | 0.15 | 0.08 | (0.24) | (17.10) | 0.00 | 0.58 | 1.04 | |||
| TAHFX | 0.15 | 0.08 | (0.30) | 1.50 | 0.00 | 0.50 | 1.02 |