Institutional International Correlations
The correlation of Institutional 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.
Institutional |
Moving together with Institutional Mutual Fund
Moving against Institutional Mutual Fund
Related Correlations Analysis
| 0.9 | 0.94 | 0.86 | 0.98 | 0.94 | AIWEX | ||
| 0.9 | 0.94 | 0.77 | 0.89 | 0.9 | ICBMX | ||
| 0.94 | 0.94 | 0.79 | 0.91 | 0.87 | GMOWX | ||
| 0.86 | 0.77 | 0.79 | 0.88 | 0.82 | XGNTX | ||
| 0.98 | 0.89 | 0.91 | 0.88 | 0.94 | PNRCX | ||
| 0.94 | 0.9 | 0.87 | 0.82 | 0.94 | TREIX | ||
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Risk-Adjusted Indicators
There is a big difference between Institutional Mutual Fund performing well and Institutional 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 Institutional 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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AIWEX | 0.90 | 0.36 | 0.08 | (1.46) | 0.89 | 2.09 | 4.93 | |||
| ICBMX | 0.95 | 0.31 | 0.08 | (2.99) | 0.80 | 2.11 | 5.15 | |||
| GMOWX | 1.18 | 0.33 | 0.09 | (6.77) | 0.99 | 2.81 | 7.36 | |||
| XGNTX | 0.55 | 0.09 | (0.16) | (3.72) | 0.58 | 1.28 | 3.42 | |||
| PNRCX | 0.68 | 0.17 | 0.01 | 1.04 | 0.39 | 1.74 | 3.80 | |||
| TREIX | 0.07 | 0.02 | (1.39) | (9.10) | 0.00 | 0.20 | 0.51 |