Amg Gwk Correlations
MBDLX Fund | USD 8.96 0.01 0.11% |
The current 90-days correlation between Amg Gwk E and Icon Natural Resources is 0.1 (i.e., Average diversification). The correlation of Amg Gwk 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.
Amg Gwk Correlation With Market
Significant diversification
The correlation between Amg Gwk E and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amg Gwk E and DJI in the same portfolio, assuming nothing else is changed.
Amg |
Moving together with Amg Mutual Fund
0.69 | BRWIX | Amg Managers Brandywine | PairCorr |
0.63 | GWGIX | Amg Gwk Smallmid | PairCorr |
0.63 | GWGVX | Amg Gwk Smallmid | PairCorr |
0.63 | GWGZX | Amg Gwk Smallmid | PairCorr |
0.78 | GWMTX | Amg Gwk Municipal | PairCorr |
0.76 | GWMIX | Amg Gwk Municipal | PairCorr |
0.75 | ARIDX | Amg River Road | PairCorr |
0.65 | ARRFX | Amg River Road | PairCorr |
0.67 | ARSIX | Amg River Road | PairCorr |
0.65 | ARRZX | Amg River Road | PairCorr |
0.75 | ARZDX | Amg River Road | PairCorr |
0.64 | ABIZX | Amg Managers Fairpointe | PairCorr |
0.63 | MRLSX | Amg Renaissance Large | PairCorr |
0.7 | ACWDX | Astoncrosswind Small Cap | PairCorr |
0.69 | ACWZX | Aamg Funds Iv | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Amg Mutual Fund performing well and Amg Gwk 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 Amg Gwk'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ICBAX | 0.93 | 0.12 | 0.10 | 0.26 | 0.80 | 2.15 | 5.13 | |||
GRHAX | 0.94 | 0.40 | 0.29 | (4.51) | 0.40 | 2.28 | 5.23 | |||
PSPFX | 0.66 | 0.26 | 0.16 | (2.42) | 0.23 | 1.84 | 3.42 | |||
DNLAX | 0.92 | 0.21 | 0.16 | 0.54 | 0.64 | 2.34 | 4.94 | |||
ALTEX | 1.17 | 0.38 | 0.28 | 0.56 | 0.83 | 2.69 | 7.39 | |||
PEO | 0.84 | 0.13 | 0.05 | 0.48 | 0.91 | 1.71 | 5.07 | |||
TREIX | 0.07 | 0.00 | (0.84) | 0.00 | 0.00 | 0.20 | 0.51 | |||
IGNAX | 0.74 | 0.20 | 0.15 | 0.88 | 0.34 | 1.88 | 3.09 |