Ab Government Correlations
AEYXX Fund | USD 1.00 0.00 0.00% |
The correlation of Ab Government 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.
AEYXX |
Related Correlations Analysis
0.99 | 1.0 | 1.0 | 0.98 | 0.99 | 0.98 | SSAKX | ||
0.99 | 0.98 | 0.98 | 1.0 | 1.0 | 0.99 | PPLSX | ||
1.0 | 0.98 | 1.0 | 0.98 | 0.99 | 0.98 | SRJIX | ||
1.0 | 0.98 | 1.0 | 0.99 | 0.98 | 0.99 | JILMX | ||
0.98 | 1.0 | 0.98 | 0.99 | 1.0 | 1.0 | TSCTX | ||
0.99 | 1.0 | 0.99 | 0.98 | 1.0 | 0.99 | TBLGX | ||
0.98 | 0.99 | 0.98 | 0.99 | 1.0 | 0.99 | FHRVX | ||
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Risk-Adjusted Indicators
There is a big difference between AEYXX Money Market Fund performing well and Ab Government Money Market 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 Government'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SSAKX | 0.40 | 0.10 | 0.04 | 0.34 | 0.00 | 1.42 | 2.82 | |||
PPLSX | 0.34 | 0.14 | (0.06) | (2.64) | 0.11 | 1.11 | 2.58 | |||
SRJIX | 0.40 | 0.08 | 0.01 | 0.31 | 0.20 | 1.33 | 2.86 | |||
JILMX | 0.24 | 0.06 | (0.15) | 0.34 | 0.00 | 0.90 | 1.75 | |||
TSCTX | 0.26 | 0.10 | (0.18) | (3.46) | 0.00 | 0.86 | 1.75 | |||
TBLGX | 0.36 | 0.15 | (0.05) | (2.80) | 0.19 | 1.14 | 2.48 | |||
FHRVX | 0.23 | 0.09 | (0.21) | (3.93) | 0.00 | 0.61 | 1.64 |