North Square Correlations

Mutual Funds USA . 
Fund . North Square Investments
NSIVX Fund  USD 12.21  0.05  0.41%   
The current 90-days correlation between North Square Investments and Advisory Research Strategic is 0.14 (i.e., Average diversification). The correlation of North Square 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.

North Square Correlation With Market

Very weak diversification

The correlation between North Square Investments and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding North Square Investments and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Square Investments. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in real.

Moving together with North Mutual Fund

  0.86ADVGX Advisory Research AllPairCorr
  0.94PORYX Oak Ridge MultiPairCorr
  0.92NKMCX North Square KennedyPairCorr
  0.86ORDNX Oak Ridge DividendPairCorr
  0.9ORIYX Oak Ridge SmallPairCorr
  0.9ORIGX Oak Ridge SmallPairCorr
  0.94ORILX Oak Ridge MultiPairCorr
  0.91ORSAX Oak Ridge DynamicPairCorr
  0.91ORSIX Oak Ridge DynamicPairCorr
  0.97DOXFX Dodge Cox InternationalPairCorr
  0.96OANIX Oakmark InternationalPairCorr
  0.97DODFX Dodge International StockPairCorr
  0.96OAKIX Oakmark InternationalPairCorr
  0.96OAYIX Oakmark InternationalPairCorr
  0.96OAZIX Oakmark InternationalPairCorr
  0.98FINVX Fidelity Series IntePairCorr
  0.97VTRIX Vanguard InternationalPairCorr
  0.97RRIGX T Rowe PricePairCorr
  0.72NHS Neuberger Berman HighPairCorr
  0.93RPNIX Riverpark/next CenturyPairCorr
  0.91DIFGX Mfs Diversified IncomePairCorr
  0.91RLSFX Riverpark Long/shortPairCorr
  0.9NWKEX Nationwide Highmark SmallPairCorr
  0.88VGRLX Vanguard Global ExPairCorr
  0.92VNEYX Vontobel Global EnviPairCorr
  0.91ALCEX Avantis Large CapPairCorr
  0.93FSDIX Fidelity StrategicPairCorr
  0.91BGKEX Emerging MarketsPairCorr
  0.94PAEEX Putnam Dynamic AssetPairCorr
  0.92GWPCX American Funds GrowthPairCorr
  0.93JRLVX Retirement Living ThroughPairCorr
  0.95JGECX Jhancock Global EquityPairCorr
  0.63MPIBX Bny Mellon IntermediatePairCorr
  0.86GBOAX Jpmorgan Global BondPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between North Mutual Fund performing well and North Square 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 North Square'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
NSIVX  0.51  0.06 (0.02) 0.29  0.45 
(0.59)
 1.07 
(0.93)
 3.38 
ADVNX  0.22  0.03 (0.34)(0.20) 0.24 
(0.25)
 0.42 
(0.62)
 1.36 
ADVGX  1.01  0.15  0.14  0.26  0.85 
(1.16)
 2.45 
(2.28)
 6.09 
ADVAX  0.22  0.02 (0.33)(0.19) 0.24 
(0.26)
 0.42 
(0.62)
 1.46 
PORYX  0.47  0.07  0.02  0.23  0.39 
(0.55)
 1.35 
(0.89)
 3.31 
NKMCX  0.90  0.17  0.16  0.30  0.72 
(1.08)
 2.59 
(1.73)
 5.43 
NMKYX  0.24  0.00 (0.34) 0.18  0.24 
(0.28)
 0.47 
(0.46)
 1.27 
NMKBX  0.24  0.00 (0.36) 0.14  0.23 
(0.28)
 0.46 
(0.45)
 1.27 
ORDNX  0.08  0.05 (0.91) 1.71  0.00 
(0.12)
 0.24 
(0.09)
 0.53 
ORIYX  0.87  0.10  0.09  0.22  0.82 
(1.04)
 2.17 
(1.84)
 5.96 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY