Income Growth Correlations
The correlation of Income Growth 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.
Income |
Moving together with Income Mutual Fund
| 0.74 | CAT | Caterpillar | PairCorr |
| 0.65 | GE | GE Aerospace | PairCorr |
| 0.7 | CSCO | Cisco Systems | PairCorr |
| 0.64 | AA | Alcoa Corp | PairCorr |
Related Correlations Analysis
| 0.98 | 0.99 | 0.97 | 0.88 | 0.98 | 0.99 | FRGOX | ||
| 0.98 | 0.99 | 1.0 | 0.84 | 0.99 | 0.98 | OGMCX | ||
| 0.99 | 0.99 | 0.99 | 0.86 | 0.99 | 0.99 | FEGOX | ||
| 0.97 | 1.0 | 0.99 | 0.8 | 0.99 | 0.98 | FGDIX | ||
| 0.88 | 0.84 | 0.86 | 0.8 | 0.88 | 0.89 | QGLCX | ||
| 0.98 | 0.99 | 0.99 | 0.99 | 0.88 | 0.99 | IIGCX | ||
| 0.99 | 0.98 | 0.99 | 0.98 | 0.89 | 0.99 | GLDAX | ||
Risk-Adjusted Indicators
There is a big difference between Income Mutual Fund performing well and Income Growth 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 Income Growth'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FRGOX | 1.78 | 0.34 | 0.13 | 0.52 | 2.32 | 3.50 | 11.80 | |||
| OGMCX | 1.73 | 0.33 | 0.11 | 0.52 | 2.39 | 4.00 | 12.07 | |||
| FEGOX | 1.52 | 0.26 | 0.09 | 0.54 | 2.35 | 3.04 | 11.36 | |||
| FGDIX | 1.85 | 0.33 | 0.10 | 0.61 | 2.89 | 3.80 | 13.22 | |||
| QGLCX | 0.99 | 0.27 | 0.14 | 1.66 | 1.41 | 2.39 | 9.85 | |||
| IIGCX | 1.83 | 0.39 | 0.12 | 0.71 | 2.60 | 4.00 | 13.01 | |||
| GLDAX | 1.73 | 0.33 | 0.11 | 0.57 | 2.44 | 3.61 | 12.15 |