Lkcm Equity Correlations
| LKEQX Fund | USD 39.51 0.29 0.74% |
The current 90-days correlation between Lkcm Equity Fund and Fuller Thaler Behavioral is 0.81 (i.e., Very poor diversification). The correlation of Lkcm Equity 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.
Lkcm Equity Correlation With Market
Poor diversification
The correlation between Lkcm Equity Fund and DJI is 0.75 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lkcm Equity Fund and DJI in the same portfolio, assuming nothing else is changed.
Lkcm |
Moving against Lkcm Mutual Fund
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Lkcm Mutual Fund performing well and Lkcm Equity 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 Lkcm Equity'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FTHNX | 0.83 | 0.01 | 0.03 | 0.22 | 0.73 | 2.17 | 5.56 | |||
| CRNSX | 0.45 | 0.23 | 0.03 | (7.96) | 0.00 | 1.19 | 3.37 | |||
| BPSCX | 0.80 | 0.01 | 0.03 | 0.22 | 0.76 | 2.33 | 5.24 | |||
| SWSCX | 0.88 | 0.30 | 0.05 | (1.18) | 0.90 | 2.19 | 6.23 | |||
| PRDMX | 0.88 | 0.39 | 0.12 | (1.07) | 0.67 | 2.59 | 5.92 | |||
| VSTCX | 0.89 | 0.05 | 0.09 | 0.25 | 0.80 | 2.35 | 6.40 | |||
| PCSVX | 0.93 | 0.03 | 0.06 | 0.23 | 0.84 | 2.20 | 6.92 |