Correlation Between Cambiar Aggressive and Amg Southernsun
Can any of the company-specific risk be diversified away by investing in both Cambiar Aggressive and Amg Southernsun at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Cambiar Aggressive and Amg Southernsun into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Cambiar Aggressive Value and Amg Southernsun Equity, you can compare the effects of market volatilities on Cambiar Aggressive and Amg Southernsun and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Cambiar Aggressive with a short position of Amg Southernsun. Check out your portfolio center. Please also check ongoing floating volatility patterns of Cambiar Aggressive and Amg Southernsun.
Diversification Opportunities for Cambiar Aggressive and Amg Southernsun
0.0 | Correlation Coefficient |
Pay attention - limited upside
The 3 months correlation between Cambiar and Amg is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Cambiar Aggressive Value and Amg Southernsun Equity in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Amg Southernsun Equity and Cambiar Aggressive is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Cambiar Aggressive Value are associated (or correlated) with Amg Southernsun. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Amg Southernsun Equity has no effect on the direction of Cambiar Aggressive i.e., Cambiar Aggressive and Amg Southernsun go up and down completely randomly.
Pair Corralation between Cambiar Aggressive and Amg Southernsun
If you would invest (100.00) in Cambiar Aggressive Value on August 31, 2025 and sell it today you would earn a total of 100.00 from holding Cambiar Aggressive Value or generate -100.0% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Flat |
| Strength | Insignificant |
| Accuracy | 0.0% |
| Values | Daily Returns |
Cambiar Aggressive Value vs. Amg Southernsun Equity
Performance |
| Timeline |
| Cambiar Aggressive Value |
Risk-Adjusted Performance
Weakest
Weak | Strong |
| Amg Southernsun Equity |
Cambiar Aggressive and Amg Southernsun Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Cambiar Aggressive and Amg Southernsun
The main advantage of trading using opposite Cambiar Aggressive and Amg Southernsun positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Cambiar Aggressive position performs unexpectedly, Amg Southernsun can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amg Southernsun will offset losses from the drop in Amg Southernsun's long position.| Cambiar Aggressive vs. Redwood Real Estate | Cambiar Aggressive vs. Virtus Real Estate | Cambiar Aggressive vs. Great West Real Estate | Cambiar Aggressive vs. Voya Real Estate |
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Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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