Ivy International Correlations

Mutual Funds . USA . 
Fund . Ivy International E
ICEIX Fund  USD 24.65  0.08  0.33%   
The current 90-days correlation between Ivy International and Ivy Large Cap is -0.03 (i.e., Good diversification). The correlation of Ivy 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.

Ivy International Correlation With Market

Good diversification

The correlation between Ivy International E and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ivy International E 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 Ivy International E. 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 gross domestic product.

Moving together with Ivy Mutual Fund

  0.96ILGRX Ivy Large CapPairCorr
  0.99WRGCX Ivy Small CapPairCorr
  0.91WRHIX Ivy High IncomePairCorr
  0.75IMACX Ivy Apollo MultiPairCorr
  0.75IMAIX Ivy Apollo MultiPairCorr
  0.75IMAYX Ivy Apollo MultiPairCorr
  0.99WSCYX Ivy Small CapPairCorr
  0.97IMEGX Ivy Emerging MarketsPairCorr
  0.97WSGRX Ivy Small CapPairCorr
  0.98WASCX Ivy Asset StrategyPairCorr
  0.98WASYX Ivy Asset StrategyPairCorr
  0.73IMURX Ivy Apollo MultiPairCorr
  0.97WSTRX Ivy Science AndPairCorr
  0.97WSTYX Ivy Science AndPairCorr
  0.97WSTCX Ivy Science AndPairCorr
  0.95INPEX American Funds IncomePairCorr
  0.93INRSX Ivy Natural ResourcesPairCorr
  0.97WTRCX Ivy E EquityPairCorr
  0.96WCEYX Ivy E EquityPairCorr
  0.97IPOYX Ivy Emerging MarketsPairCorr
  0.98IPOCX Ivy Emerging MarketsPairCorr
  0.97IPOIX Ivy Emerging MarketsPairCorr
  0.83IREIX Ivy Advantus RealPairCorr
  0.97IRGFX Ivy Small CapPairCorr
  0.83IRSRX Ivy Advantus RealPairCorr
  0.83IRSYX Ivy Advantus RealPairCorr
  0.82IRSCX Ivy Advantus RealPairCorr
  0.84IRSEX Ivy Advantus RealPairCorr
  0.98IASTX Ivy Asset StrategyPairCorr
  0.98IASRX Ivy Asset StrategyPairCorr
  0.96ISPVX Ivy Small CapPairCorr
  0.96IBARX Ivy BalancedPairCorr
  0.97ISTIX Ivy Science AndPairCorr
  0.97ISTNX Ivy Science AndPairCorr
  0.92WHIYX Ivy High IncomePairCorr
  0.96IBNYX Ivy BalancedPairCorr
  0.96IBNCX Ivy BalancedPairCorr
  0.99ITGRX Ivy Global GrowthPairCorr
  0.96ICEQX Ivy E EquityPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Ivy Mutual Fund performing well and Ivy 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 Ivy 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
ILGRX  0.70  0.08  0.08  0.21  0.68 
(0.80)
 1.92 
(1.55)
 4.54 
WRGCX  0.89  0.28  0.10 (1.75) 0.83 
(1.00)
 2.32 
(1.54)
 4.93 
WRHIX  0.21  0.06 (0.21) 0.54  0.00 
(0.33)
 0.68 
(0.18)
 1.19 
IMACX  0.05  0.01  0.00 (0.96) 0.00 
 0.00 
 0.22 
 0.00 
 1.12 
IMAIX  0.06  0.02  0.00 (0.73) 0.00 
 0.00 
 0.33 
 0.00 
 1.35 
IMAYX  0.06  0.02  0.00 (0.72) 0.00 
 0.00 
 0.22 
 0.00 
 1.35 
WSCYX  0.89  0.28  0.11 (1.95) 0.82 
(0.93)
 2.32 
(1.49)
 4.86 
IMEGX  0.60  0.19  0.14  0.66  0.29 
(0.70)
 1.78 
(0.97)
 4.08 
WSGRX  0.88  0.10  0.08  0.23  0.84 
(0.96)
 2.25 
(1.44)
 4.93 
WASCX  0.35  0.10  0.05  0.35  0.00 
(0.40)
 1.20 
(0.80)
 2.44 

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