Ab Global Correlations
| AEEIXDelisted Fund | USD 14.57 0.00 0.00% |
The correlation of Ab Global 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.
Ab Global Correlation With Market
Significant diversification
The correlation between Ab Global Real and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ab Global Real and DJI in the same portfolio, assuming nothing else is changed.
AEEIX |
Moving against AEEIX Mutual Fund
| 0.47 | OCMAX | Ocm Mutual Fund | PairCorr |
| 0.43 | DFITX | Dfa International Real | PairCorr |
| 0.41 | VGRNX | Vanguard Global Ex | PairCorr |
| 0.41 | VGRLX | Vanguard Global Ex | PairCorr |
| 0.39 | IAF | Aberdeen Australia | PairCorr |
| 0.37 | WAYRX | Western Asset High | PairCorr |
| 0.37 | VPACX | Vanguard Pacific Stock | PairCorr |
| 0.34 | PGRKX | Global Real Estate | PairCorr |
| 0.34 | PGRUX | Global Real Estate | PairCorr |
| 0.34 | XWDIX | Western Asset Diversified | PairCorr |
| 0.34 | EVFCX | Evaluator Conservative | PairCorr |
| 0.32 | DFGEX | Dfa Global Real | PairCorr |
| 0.32 | MGLIX | Mfs Global Real | PairCorr |
| 0.31 | MGLAX | Mfs Global Real | PairCorr |
Related Correlations Analysis
| 0.99 | 0.99 | 0.98 | 0.99 | 0.98 | TALCX | ||
| 0.99 | 1.0 | 0.98 | 1.0 | 0.99 | DLQIX | ||
| 0.99 | 1.0 | 0.98 | 1.0 | 0.99 | DLCIX | ||
| 0.98 | 0.98 | 0.98 | 0.98 | 0.97 | GMLVX | ||
| 0.99 | 1.0 | 1.0 | 0.98 | 1.0 | PTEZX | ||
| 0.98 | 0.99 | 0.99 | 0.97 | 1.0 | AMONX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between AEEIX Mutual Fund performing well and Ab Global 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 Ab Global'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TALCX | 0.56 | 0.10 | 0.09 | 0.26 | 0.48 | 1.48 | 4.04 | |||
| DLQIX | 0.65 | 0.14 | 0.15 | 0.28 | 0.44 | 2.12 | 4.78 | |||
| DLCIX | 0.67 | 0.13 | 0.11 | 0.26 | 0.55 | 2.07 | 5.02 | |||
| GMLVX | 0.50 | 0.20 | 0.17 | 0.61 | 0.00 | 1.55 | 4.06 | |||
| PTEZX | 0.68 | 0.11 | 0.11 | 0.25 | 0.56 | 2.11 | 5.32 | |||
| AMONX | 0.73 | 0.15 | 0.14 | 0.29 | 0.55 | 2.22 | 4.88 |
Ab Global 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 Ab Global mutual fund to make a market-neutral strategy. Peer analysis of Ab Global could also be used in its relative valuation, which is a method of valuing Ab Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Ab Global Real?
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.