Buffalo Early Correlations
BUIOX Fund | USD 16.55 0.12 0.73% |
The current 90-days correlation between Buffalo Early Stage and Ab Equity Income is -0.11 (i.e., Good diversification). The correlation of Buffalo Early 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.
Buffalo Early Correlation With Market
Very poor diversification
The correlation between Buffalo Early Stage and DJI is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Buffalo Early Stage and DJI in the same portfolio, assuming nothing else is changed.
Buffalo |
Moving together with Buffalo Mutual Fund
0.94 | BUFSX | Buffalo Small Cap | PairCorr |
1.0 | BUFOX | Buffalo Emerging Opp | PairCorr |
0.87 | BUFMX | Buffalo Mid Cap | PairCorr |
0.87 | BUFIX | Buffalo International | PairCorr |
0.94 | BUFGX | Buffalo Growth | PairCorr |
0.91 | BUFHX | Buffalo High Yield | PairCorr |
0.93 | BUFEX | Buffalo Large Cap | PairCorr |
0.95 | BUFDX | Buffalo Dividend Focus | PairCorr |
0.86 | BUFBX | Buffalo Flexible Income | PairCorr |
0.86 | BUFTX | Buffalo Discovery | PairCorr |
0.87 | BUITX | Buffalo Discovery | PairCorr |
0.91 | BUISX | Buffalo Small Cap | PairCorr |
0.89 | BUIMX | Buffalo Mid Cap | PairCorr |
0.85 | BUIIX | Buffalo International | PairCorr |
0.9 | BUIHX | Buffalo High Yield | PairCorr |
0.91 | BUIEX | Buffalo Large Cap | PairCorr |
0.92 | BUIDX | Buffalo Dividend Focus | PairCorr |
0.86 | BUIBX | Buffalo Flexible Income | PairCorr |
0.91 | BIIGX | Buffalo Growth | PairCorr |
0.91 | VSGAX | Vanguard Small Cap | PairCorr |
0.94 | VSGIX | Vanguard Small Cap | PairCorr |
0.94 | VISGX | Vanguard Small Cap | PairCorr |
0.94 | VEXPX | Vanguard Explorer | PairCorr |
0.94 | VEXRX | Vanguard Explorer | PairCorr |
0.95 | JGMIX | Janus Triton | PairCorr |
0.95 | JGMRX | Janus Triton | PairCorr |
0.92 | JGMAX | Janus Triton | PairCorr |
0.95 | JGMCX | Janus Triton | PairCorr |
0.92 | JGMNX | Janus Triton | PairCorr |
0.92 | ASG | Liberty All Star | PairCorr |
0.84 | IIF | Morgan Stanley India | PairCorr |
0.9 | CII | Blackrock Enhanced | PairCorr |
0.64 | IFN | India Closed | PairCorr |
0.9 | ETV | Eaton Vance Tax | PairCorr |
0.86 | CLM | Cornerstone Strategic | PairCorr |
0.84 | CRF | Cornerstone Strategic | PairCorr |
0.92 | USA | Liberty All Star Sell-off Trend | PairCorr |
0.91 | ETY | Eaton Vance Tax | PairCorr |
0.94 | NFJ | Virtus Dividend Interest | PairCorr |
Related Correlations Analysis
0.99 | 0.97 | 0.99 | 0.98 | 0.98 | AUIAX | ||
0.99 | 0.98 | 0.99 | 0.98 | 0.99 | PASTX | ||
0.97 | 0.98 | 0.97 | 0.96 | 0.97 | TSDUX | ||
0.99 | 0.99 | 0.97 | 0.99 | 0.99 | AUUYX | ||
0.98 | 0.98 | 0.96 | 0.99 | 1.0 | VHGEX | ||
0.98 | 0.99 | 0.97 | 0.99 | 1.0 | SCWFX | ||
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Risk-Adjusted Indicators
There is a big difference between Buffalo Mutual Fund performing well and Buffalo Early 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 Buffalo Early'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
AUIAX | 0.59 | 0.23 | 0.09 | (3.34) | 0.45 | 1.77 | 4.81 | |||
PASTX | 0.96 | 0.29 | 0.25 | 0.42 | 0.62 | 2.58 | 6.19 | |||
TSDUX | 0.04 | 0.02 | 0.00 | 16.55 | 0.00 | 0.10 | 0.10 | |||
AUUYX | 0.59 | 0.11 | 0.10 | 0.26 | 0.46 | 1.81 | 4.43 | |||
VHGEX | 0.63 | 0.16 | 0.15 | 0.33 | 0.42 | 1.97 | 5.07 | |||
SCWFX | 0.61 | 0.14 | 0.14 | 0.32 | 0.46 | 1.81 | 4.29 |