Ivy E Correlations
ICIEX Fund | USD 23.55 0.03 0.13% |
The current 90-days correlation between Ivy E Equity and Ivy Large Cap is -0.04 (i.e., Good diversification). The correlation of Ivy E 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 E Correlation With Market
Good diversification
The correlation between Ivy E Equity and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ivy E Equity and DJI in the same portfolio, assuming nothing else is changed.
Ivy |
Moving together with Ivy Mutual Fund
0.71 | ILGRX | Ivy Large Cap | PairCorr |
0.73 | WRGCX | Ivy Small Cap | PairCorr |
0.64 | WRHIX | Ivy High Income | PairCorr |
0.67 | WSCYX | Ivy Small Cap | PairCorr |
0.97 | IMEGX | Ivy Emerging Markets | PairCorr |
0.75 | WSGRX | Ivy Small Cap | PairCorr |
0.81 | WASCX | Ivy Asset Strategy | PairCorr |
0.99 | WASYX | Ivy Asset Strategy | PairCorr |
0.78 | WSTRX | Ivy Science And | PairCorr |
0.99 | WSTYX | Ivy Science And | PairCorr |
0.71 | WSTCX | Ivy Science And | PairCorr |
0.98 | INPEX | American Funds Income | PairCorr |
0.79 | INRSX | Ivy Natural Resources | PairCorr |
0.71 | WTRCX | Ivy E Equity | PairCorr |
0.78 | WCEYX | Ivy E Equity | PairCorr |
0.97 | IPOYX | Ivy Emerging Markets | PairCorr |
0.73 | IPOCX | Ivy Emerging Markets | PairCorr |
0.97 | IPOIX | Ivy Emerging Markets | PairCorr |
0.75 | IREIX | Ivy Advantus Real | PairCorr |
0.75 | IRGFX | Ivy Small Cap | PairCorr |
0.77 | IRSRX | Ivy Advantus Real | PairCorr |
0.77 | IRSCX | Ivy Advantus Real | PairCorr |
0.77 | IRSEX | Ivy Advantus Real | PairCorr |
0.8 | IASTX | Ivy Asset Strategy | PairCorr |
0.99 | IASRX | Ivy Asset Strategy | PairCorr |
0.98 | ISPVX | Ivy Small Cap | PairCorr |
1.0 | IBARX | Ivy Balanced | PairCorr |
0.78 | ISTIX | Ivy Science And | PairCorr |
0.78 | ISTNX | Ivy Science And | PairCorr |
0.65 | WHIYX | Ivy High Income | PairCorr |
0.78 | IBNYX | Ivy Balanced | PairCorr |
1.0 | IBNCX | Ivy Balanced | PairCorr |
0.73 | ITGRX | Ivy Global Growth | PairCorr |
0.77 | ICEIX | Ivy International | PairCorr |
0.71 | ICEQX | Ivy E Equity | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Ivy Mutual Fund performing well and Ivy E 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 E'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ILGRX | 0.63 | 0.23 | 0.31 | 0.44 | 0.00 | 1.92 | 4.54 | |||
WRGCX | 0.84 | 0.22 | 0.18 | 0.41 | 0.50 | 2.32 | 4.93 | |||
WRHIX | 0.21 | 0.07 | (0.19) | 0.68 | 0.00 | 0.68 | 1.18 | |||
IMACX | 0.03 | 0.00 | 0.00 | 0.37 | 0.00 | 0.11 | 0.34 | |||
IMAIX | 0.03 | 0.01 | 0.00 | 0.43 | 0.00 | 0.11 | 0.34 | |||
IMAYX | 0.03 | 0.01 | 0.00 | 0.36 | 0.00 | 0.11 | 0.45 | |||
WSCYX | 0.84 | 0.22 | 0.19 | 0.42 | 0.49 | 2.32 | 4.86 | |||
IMEGX | 0.61 | 0.25 | 0.16 | (5.95) | 0.27 | 1.78 | 4.08 | |||
WSGRX | 0.85 | 0.19 | 0.18 | 0.35 | 0.52 | 2.25 | 4.93 | |||
WASCX | 0.34 | 0.19 | 0.14 | (67.17) | 0.00 | 1.20 | 2.44 |