Crow Point Correlations
CGHIX Fund | USD 10.38 0.01 0.1% |
The current 90-days correlation between Crow Point Defined and Ultra Short Term Fixed is -0.07 (i.e., Good diversification). The correlation of Crow Point 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.
Crow Point Correlation With Market
Good diversification
The correlation between Crow Point Defined and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crow Point Defined and DJI in the same portfolio, assuming nothing else is changed.
Crow |
Moving together with Crow Mutual Fund
0.63 | AIIFX | Timber Point Alternative | PairCorr |
0.94 | PATRX | Pimco All Asset | PairCorr |
0.61 | PAAIX | All Asset Fund | PairCorr |
0.61 | PALPX | Pimco All Asset | PairCorr |
0.94 | PASAX | All Asset Fund | PairCorr |
0.9 | PAUPX | Pimco All Asset | PairCorr |
0.76 | SMPIX | Semiconductor Ultrasector Steady Growth | PairCorr |
0.76 | SMPSX | Semiconductor Ultrasector Steady Growth | PairCorr |
0.69 | RSNYX | Victory Global Natural | PairCorr |
0.68 | RSNRX | Victory Global Natural | PairCorr |
0.68 | JSIPX | Jpmorgan Smartretirement | PairCorr |
0.71 | GRMAX | Nationwide Sp 500 | PairCorr |
0.98 | ATCIX | Atac Inflation Rotation | PairCorr |
0.72 | CAFCX | Amcap Fund Class | PairCorr |
0.7 | FSRFX | Transportation Portfolio Potential Growth | PairCorr |
0.99 | LMPPX | Clearbridge Appreciation | PairCorr |
0.69 | RAMTX | American Funds 2055 | PairCorr |
0.93 | TIERX | Tiaa Cref International | PairCorr |
0.64 | VINEX | Vanguard International | PairCorr |
0.69 | PCBAX | Blackrock Tactical | PairCorr |
0.92 | MSAAX | Active International | PairCorr |
0.96 | RPELX | T Rowe Price | PairCorr |
0.68 | FEYIX | Fidelity Asset Manager | PairCorr |
Related Correlations Analysis
0.97 | 0.96 | 0.97 | 0.96 | 0.97 | TSDUX | ||
0.97 | 1.0 | 0.97 | 0.99 | 1.0 | AUUYX | ||
0.96 | 1.0 | 0.96 | 1.0 | 1.0 | HCEGX | ||
0.97 | 0.97 | 0.96 | 0.97 | 0.97 | TOIIX | ||
0.96 | 0.99 | 1.0 | 0.97 | 0.99 | VHGEX | ||
0.97 | 1.0 | 1.0 | 0.97 | 0.99 | AUUIX | ||
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Risk-Adjusted Indicators
There is a big difference between Crow Mutual Fund performing well and Crow Point 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 Crow Point'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
TSDUX | 0.04 | 0.02 | 0.00 | (1.80) | 0.00 | 0.10 | 0.10 | |||
AUUYX | 0.60 | 0.11 | 0.11 | 0.26 | 0.46 | 1.81 | 4.43 | |||
HCEGX | 0.64 | 0.11 | 0.10 | 0.25 | 0.51 | 2.08 | 4.90 | |||
TOIIX | 0.47 | 0.18 | 0.13 | 0.78 | 0.28 | 1.15 | 3.25 | |||
VHGEX | 0.64 | 0.16 | 0.16 | 0.33 | 0.44 | 1.97 | 5.07 | |||
AUUIX | 0.59 | 0.11 | 0.11 | 0.26 | 0.46 | 1.80 | 4.50 |