Mutual Of Correlations
The correlation of Mutual Of 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.
Mutual |
Related Correlations Analysis
| 0.93 | 0.88 | 0.96 | 0.92 | 0.98 | 0.81 | NCIDX | ||
| 0.93 | 0.78 | 0.91 | 0.89 | 0.93 | 0.73 | CCD | ||
| 0.88 | 0.78 | 0.87 | 0.64 | 0.81 | 0.98 | FSAWX | ||
| 0.96 | 0.91 | 0.87 | 0.87 | 0.92 | 0.81 | GCV | ||
| 0.92 | 0.89 | 0.64 | 0.87 | 0.96 | 0.55 | PCNTX | ||
| 0.98 | 0.93 | 0.81 | 0.92 | 0.96 | 0.74 | XNCVX | ||
| 0.81 | 0.73 | 0.98 | 0.81 | 0.55 | 0.74 | ARBOX | ||
Risk-Adjusted Indicators
There is a big difference between Mutual Mutual Fund performing well and Mutual Of 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 Mutual Of'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NCIDX | 0.65 | 0.02 | 0.02 | 0.04 | 0.94 | 1.13 | 4.80 | |||
| CCD | 0.81 | 0.05 | 0.04 | 0.07 | 1.14 | 1.75 | 4.71 | |||
| FSAWX | 0.12 | 0.04 | 0.09 | 0.48 | 0.00 | 0.27 | 1.04 | |||
| GCV | 0.79 | 0.07 | 0.05 | 0.24 | 0.94 | 1.49 | 4.54 | |||
| PCNTX | 0.61 | (0.03) | 0.00 | (0.02) | 0.00 | 1.11 | 4.49 | |||
| XNCVX | 0.68 | 0.00 | 0.00 | 0.02 | 0.98 | 1.16 | 5.47 | |||
| ARBOX | 0.06 | 0.02 | 0.03 | 0.50 | 0.00 | 0.17 | 0.34 |