Lyrical Us Correlations
LYRAX Fund | USD 25.24 0.44 1.53% |
The correlation of Lyrical Us 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.
Lyrical |
Moving together with Lyrical Mutual Fund
1.0 | LYRIX | Lyrical Value Equity | PairCorr |
0.82 | LYRZX | Lyrical International | PairCorr |
1.0 | LYRBX | Lyrical Value Equity | PairCorr |
0.65 | LYRCX | Lyrical Value Equity | PairCorr |
0.95 | VMVAX | Vanguard Mid Cap | PairCorr |
0.96 | JVMAX | John Hancock Disciplined | PairCorr |
0.96 | JVMIX | John Hancock Disciplined | PairCorr |
0.82 | VMVIX | Vanguard Mid Cap | PairCorr |
0.93 | JMVZX | Jpmorgan Mid Cap | PairCorr |
0.93 | JMVRX | Jpmorgan Mid Cap | PairCorr |
0.79 | JMVQX | Jpmorgan Mid Cap | PairCorr |
0.93 | JMVYX | Jpmorgan Mid Cap | PairCorr |
0.92 | JMVPX | Jpmorgan Mid Cap | PairCorr |
0.92 | VETAX | Victory Sycamore Est | PairCorr |
0.83 | VSTSX | Vanguard Total Stock | PairCorr |
0.83 | VSMPX | Vanguard Total Stock | PairCorr |
0.96 | VITSX | Vanguard Total Stock | PairCorr |
0.96 | VFFSX | Vanguard 500 Index | PairCorr |
0.83 | VFIAX | Vanguard 500 Index | PairCorr |
0.95 | VTISX | Vanguard Total Inter | PairCorr |
0.83 | VTSNX | Vanguard Total Inter | PairCorr |
0.95 | VTPSX | Vanguard Total Inter | PairCorr |
0.76 | VINIX | Vanguard Institutional | PairCorr |
0.7 | VTSAX | Vanguard Total Stock | PairCorr |
0.98 | GGEIX | Nationwide Global Equity | PairCorr |
0.71 | ICTEX | Icon Information Tec | PairCorr |
0.93 | ASVCX | American Beacon Small | PairCorr |
0.95 | BISCX | Ubs Small Cap | PairCorr |
0.96 | RMVRX | Rbc Emerging Markets | PairCorr |
0.86 | COMSX | Dws Communications | PairCorr |
0.84 | DRYQX | Dreyfus Research Growth | PairCorr |
0.96 | VFINX | Vanguard 500 Index | PairCorr |
0.82 | AQRNX | Aqr Risk Parity | PairCorr |
0.95 | MDIJX | Mfs International | PairCorr |
0.96 | MXCCX | Federated Max Cap | PairCorr |
0.8 | SVAIX | Federated Strategic Value | PairCorr |
0.66 | FMFIX | Free Market Fixed | PairCorr |
Related Correlations Analysis
1.0 | 0.99 | 0.67 | 0.67 | 0.57 | PLAAX | ||
1.0 | 0.99 | 0.7 | 0.7 | 0.6 | TRBCX | ||
0.99 | 0.99 | 0.63 | 0.62 | 0.52 | LMLRX | ||
0.67 | 0.7 | 0.63 | 0.9 | 0.87 | FRAAX | ||
0.67 | 0.7 | 0.62 | 0.9 | 0.98 | TAAEX | ||
0.57 | 0.6 | 0.52 | 0.87 | 0.98 | HRACX | ||
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Risk-Adjusted Indicators
There is a big difference between Lyrical Mutual Fund performing well and Lyrical Us 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 Lyrical Us' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
PLAAX | 0.87 | 0.40 | 0.19 | (0.67) | 0.64 | 2.02 | 12.85 | |||
TRBCX | 1.11 | 0.52 | 0.25 | (0.76) | 0.89 | 2.83 | 16.05 | |||
LMLRX | 0.35 | 0.15 | 0.03 | (0.79) | 0.00 | 0.97 | 4.42 | |||
FRAAX | 0.83 | 0.22 | 0.23 | 0.39 | 0.52 | 2.38 | 5.25 | |||
TAAEX | 1.31 | 0.37 | 0.28 | 0.50 | 0.95 | 3.65 | 8.39 | |||
HRACX | 0.44 | 0.21 | 0.13 | (2.81) | 0.00 | 1.33 | 3.02 |