Campbell Systematic Correlations

Delisted . USA . 
Fund . Campbell Systematic Macro
EBSAXDelisted Fund  USD 9.55  0.00  0.00%   
The correlation of Campbell Systematic is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Campbell Systematic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Campbell Systematic Macro moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as various price indices.
  
The ability to find closely correlated positions to Campbell Systematic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Campbell Systematic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Campbell Systematic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Campbell Systematic Macro to buy it.

Moving together with Campbell Mutual Fund

+0.74PBAIXBLACKROCK TACTICALPairCorr
+0.74PCBAXBLACKROCK TACTICALPairCorr
+0.74PCBSXBLACKROCK TACTICALPairCorr
+0.74BRBCXBLACKROCK TACTICALPairCorr
+0.75PBAKXBlackRock TacticalPairCorr
+0.75GPAAXGRANT PARK MULTIPairCorr
+0.72GPACXGRANT PARK MULTIPairCorr

Related Correlations

IAU
GLRBX
FGPMX
UIPMX
JJP
ZSILF
IAU
0.650.810.860.980.31
IAU
GLRBX
0.650.650.740.70.73
GLRBX
FGPMX
0.810.650.980.870.48
FGPMX
UIPMX
0.860.740.980.910.56
UIPMX
JJP
0.980.70.870.910.39
JJP
ZSILF
0.310.730.480.560.39
ZSILF
IAU
GLRBX
FGPMX
UIPMX
JJP
ZSILF
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
JJP
+ 0.98
IAU
UIPMX
+ 0.98
FGPMX
JJP
+ 0.91
UIPMX
JJP
+ 0.87
FGPMX
UIPMX
+ 0.86
IAU
FGPMX
+ 0.81
IAU
  

Risk-Adjusted Indicators

Nowadays, there is a big difference between Campbell Mutual Fund performing well and Campbell Systematic Mutual Fund doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Campbell Systematic's multiple risk-adjusted performance indicators. 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		Information
Ratio		Expected
Shortfall		Potential
Upside		Value
At Risk		Maximum
Drawdown
IAU 0.80  0.06  0.09 (0.15)  0.89  0.09 (0.79)  1.95 (1.60)  4.78 
GLRBX 0.27  0.05  0.22  0.14  0.15  0.20 (0.35)  0.62 (0.47)  1.31 
FGPMX 1.36  0.08  0.05  0.12  1.58  0.05 (1.48)  2.93 (2.33)  9.09 
UIPMX 1.32  0.17  0.12  0.25  1.41  0.1 (1.56)  3.31 (2.45)  10.16 
JJP 0.86  0.08  0.12 (0.23)  0.89  0.10 (0.96)  2.03 (1.61)  5.31 
ZSILF 0.68  0.12  0.00  0.13  0.00  0.0447  0.00  0.00  0.00  15.53 

Campbell Systematic Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Campbell Systematic mutual fund to make a market-neutral strategy. Peer analysis of Campbell Systematic could also be used in its relative valuation, which is a method of valuing Campbell Systematic by comparing valuation metrics with similar companies.
IShares Gold TrustJAMES BALANCED GOLDENFranklin Gold AndPRECIOUS METALS ANDIPath Bloomberg PreciousZKB Silver ETFAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron CorpHome Depot
 Risk & Return  Correlation

Still Interested in Campbell Systematic Macro?

Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as various price indices. Note that the Campbell Systematic Macro information on this page should be used as a complementary analysis to other Campbell Systematic's statistical models used 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Consideration for investing in Campbell Mutual Fund

If you are still planning to invest in Campbell Systematic Macro check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Campbell Systematic's history and understand the potential risks before investing.
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