Amg Managers Correlations
ADZIX Fund | USD 8.67 0.01 0.12% |
The current 90-days correlation between Amg Managers Doubleline and Mfs Emerging Markets is 0.36 (i.e., Weak diversification). The correlation of Amg Managers 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.
Amg |
Moving together with Amg Mutual Fund
0.73 | GWMTX | Amg Gwk Municipal | PairCorr |
0.73 | GWMIX | Amg Gwk Municipal | PairCorr |
0.63 | ARDEX | Amg River Road | PairCorr |
0.62 | ARIDX | Amg River Road | PairCorr |
0.62 | ARZDX | Amg River Road | PairCorr |
Related Correlations Analysis
0.94 | 0.92 | 0.59 | 0.92 | MEDIX | ||
0.94 | 0.85 | 0.64 | 0.97 | EMGNX | ||
0.92 | 0.85 | 0.64 | 0.8 | OIBYX | ||
0.59 | 0.64 | 0.64 | 0.58 | JPIVX | ||
0.92 | 0.97 | 0.8 | 0.58 | ORIYX | ||
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Risk-Adjusted Indicators
There is a big difference between Amg Mutual Fund performing well and Amg Managers 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 Amg Managers' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
MEDIX | 0.18 | 0.06 | (0.32) | 0.73 | 0.00 | 0.43 | 1.03 | |||
EMGNX | 0.52 | 0.21 | 0.23 | 0.63 | 0.00 | 1.84 | 3.54 | |||
OIBYX | 0.33 | 0.05 | (0.19) | (1.29) | 0.25 | 0.68 | 1.95 | |||
JPIVX | 0.67 | 0.05 | (0.05) | (2.05) | 1.67 | 1.50 | 10.37 | |||
ORIYX | 0.87 | 0.10 | 0.09 | 0.22 | 0.82 | 2.17 | 5.96 |