Gqg Partners Correlations

GQHPX Fund

USD 13.17 0.01 0.08%

The current 90-days correlation between Gqg Partners Quality and Calvert Bond Portfolio is 0.17 (i.e., Average diversification). The correlation of Gqg Partners 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.

Gqg Partners Correlation With Market

Modest diversification

The correlation between Gqg Partners Quality and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gqg Partners Quality and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gqg Partners Quality. 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 american community survey.

Moving together with Gqg Mutual Fund

0.7	AFMFX	American Mutual	Pair Corr
0.7	FFMMX	American Funds American	Pair Corr
0.7	FFFMX	American Funds American	Pair Corr
0.7	AMRMX	American Mutual	Pair Corr
0.7	AMFCX	American Mutual	Pair Corr
0.69	VIVAX	Vanguard Value Index	Pair Corr
0.73	ERH	Allspring Utilities And	Pair Corr
0.62	IHIFX	Ivy High Income	Pair Corr
0.73	CSJZX	Cohen Steers Realty	Pair Corr

Moving against Gqg Mutual Fund

0.43

HPQ

HP Inc

Pair Corr

Related Correlations Analysis

	CSIBX	ABNTX	TUGXX	TTRBX	DLTNX	MSTBX	FULIX
CSIBX		0.8	0.46	0.91	0.95	0.95	0.89	CSIBX
ABNTX	0.8		0.36	0.86	0.78	0.91	0.81	ABNTX
TUGXX	0.46	0.36		0.52	0.3	0.48	0.47	TUGXX
TTRBX	0.91	0.86	0.52		0.8	0.94	0.96	TTRBX
DLTNX	0.95	0.78	0.3	0.8		0.9	0.76	DLTNX
MSTBX	0.95	0.91	0.48	0.94	0.9		0.93	MSTBX
FULIX	0.89	0.81	0.47	0.96	0.76	0.93		FULIX
	CSIBX	ABNTX	TUGXX	TTRBX	DLTNX	MSTBX	FULIX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Gqg Mutual Fund performing well and Gqg Partners 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 Gqg Partners' 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
CSIBX	0.24	0.02	(0.60)	1.45	0.19	(0.29)	0.49	(0.42)	1.25
ABNTX	0.14	0.02	(0.72)	(1.81)	0.05	(0.17)	0.29	(0.29)	1.08
TUGXX	0.03	0.01	0.00	4.08	0.00	0.00	0.00	0.00	1.01
TTRBX	0.15	0.02	(0.91)	0.61	0.00	(0.21)	0.40	(0.20)	0.82
DLTNX	0.25	0.01	(0.56)	0.39	0.25	(0.27)	0.46	(0.57)	1.16
MSTBX	0.10	0.01	(1.35)	1.07	0.00	(0.14)	0.21	(0.21)	0.41
FULIX	0.06	0.01	(1.64)	2.46	0.00	(0.19)	0.11	(0.11)	0.55

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