Artisan International Correlations

Mutual Funds USA . 
Fund . Artisan International Explorer
ARDBX Fund  USD 14.22  0.06  0.42%   
The current 90-days correlation between Artisan International and Artisan Value Income is 0.77 (i.e., Poor diversification). The correlation of Artisan International 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.

Artisan International Correlation With Market

Poor diversification

The correlation between Artisan International Explorer and DJI is 0.68 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Artisan International Explorer and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artisan International Explorer. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving together with Artisan Mutual Fund

  0.95APDWX Artisan Value IncomePairCorr
  0.94APDYX Artisan Developing WorldPairCorr
  0.97APDTX Artisan ThematicPairCorr
  0.93APDSX Artisan Small CapPairCorr
  0.95APDUX Artisan Floating RatePairCorr
  0.95APDPX Artisan Global UnconPairCorr
  0.98APDOX Artisan Emerging MarketsPairCorr
  0.98APDRX Artisan Global OpporPairCorr
  0.89APDQX Artisan Mid CapPairCorr
  0.97APDKX Artisan InternationalPairCorr
  0.98APDJX Artisan InternationalPairCorr
  0.97APDMX Artisan Mid CapPairCorr
  0.94APDLX Artisan ValuePairCorr
  0.98APDGX Artisan Global ValuePairCorr
  0.96APDFX Artisan High IncomePairCorr
  0.98APDIX Artisan InternationalPairCorr
  0.99APDHX Artisan Global EquityPairCorr
  0.99APDEX Artisan SustainablePairCorr
  0.97APDDX Artisan Global DiscoveryPairCorr
  0.95APFWX Artisan Value IncomePairCorr
  0.95APFPX Artisan Global UnconPairCorr
  0.98APFOX Artisan Emerging MarketsPairCorr
  0.96APFDX Artisan Global DiscoveryPairCorr
  0.95APHWX Artisan Value IncomePairCorr
  0.98APHOX Artisan Emerging MarketsPairCorr
  0.95APHPX Artisan Global UnconPairCorr
  1.0ARHBX Artisan InternationalPairCorr
  0.89ARTQX Artisan Mid CapPairCorr
  0.92ARTSX Artisan Small CapPairCorr
  0.96ARTRX Artisan Global OpporPairCorr
  0.97ARTMX Artisan Mid CapPairCorr
  0.97ARTLX Artisan ValuePairCorr
  0.99ARTIX Artisan InternationalPairCorr
  0.99ARTHX Artisan Global EquityPairCorr
  0.97ARTKX Artisan InternationalPairCorr
  0.99ARTJX Artisan InternationalPairCorr
  0.97ARTGX Artisan Global ValuePairCorr
  0.96ARTFX Artisan High IncomePairCorr
  0.94ARTYX Artisan Developing WorldPairCorr

Moving against Artisan Mutual Fund

  0.95USPSX Profunds UltrashortPairCorr
  0.84TCTGX Transamerica CleartrackPairCorr
  0.83TDKTX Cleartrack 2015 ClassPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Artisan Mutual Fund performing well and Artisan International 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 Artisan International'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
APDWX  0.84  0.00 (0.01) 0.07  1.45 
(0.81)
 1.46 
(1.72)
 8.85 
APDYX  1.06  0.19  0.06 (2.74) 1.51 
(1.08)
 2.41 
(1.63)
 12.05 
APDTX  1.02  0.16  0.07  0.23  1.63 
(1.00)
 2.23 
(2.59)
 11.38 
APDSX  1.32  0.00  0.01  0.07  2.10 
(1.31)
 2.97 
(3.13)
 15.37 
APDUX  0.14  0.03 (0.09) 0.64  0.13 
(0.19)
 0.44 
(0.22)
 0.86 
APDPX  0.13  0.02 (0.17)(1.24) 0.14 
(0.16)
 0.29 
(0.29)
 0.88 
APDOX  0.19  0.05 (0.04) 0.95  0.28 
(0.23)
 0.50 
(0.29)
 1.41 
APDRX  0.90  0.08  0.04  0.16  1.50 
(0.93)
 2.16 
(1.78)
 8.91 
APDQX  1.10 (0.05)(0.03) 0.03  1.63 
(1.18)
 2.15 
(2.76)
 11.66 
APDKX  0.64  0.05  0.01  0.16  1.04 
(0.65)
 1.36 
(1.33)
 5.69 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY