Jpmorgan Small Correlations
| OSVCX Fund | USD 17.84 0.49 2.82% |
The current 90-days correlation between Jpmorgan Small Cap and First Eagle Gold is 0.27 (i.e., Modest diversification). The correlation of Jpmorgan Small 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.
Jpmorgan Small Correlation With Market
Poor diversification
The correlation between Jpmorgan Small Cap and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jpmorgan Small Cap and DJI in the same portfolio, assuming nothing else is changed.
Jpmorgan |
Moving together with Jpmorgan Mutual Fund
Moving against Jpmorgan Mutual Fund
Related Correlations Analysis
Risk-Adjusted Indicators
There is a big difference between Jpmorgan Mutual Fund performing well and Jpmorgan Small 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 Jpmorgan Small'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FEGOX | 1.52 | 0.26 | 0.09 | 0.54 | 2.35 | 3.04 | 11.36 | |||
| SGDIX | 1.66 | 0.31 | 0.10 | 0.61 | 2.53 | 3.18 | 11.70 | |||
| EPGFX | 1.58 | 0.21 | 0.08 | 0.37 | 2.39 | 2.98 | 11.04 | |||
| IIGCX | 1.83 | 0.39 | 0.12 | 0.71 | 2.60 | 4.00 | 13.01 | |||
| UNWPX | 1.87 | 0.36 | 0.12 | 0.48 | 2.52 | 3.89 | 11.53 | |||
| FGDIX | 1.85 | 0.33 | 0.10 | 0.61 | 2.89 | 3.80 | 13.22 | |||
| FRGOX | 1.78 | 0.34 | 0.13 | 0.52 | 2.32 | 3.50 | 11.80 | |||
| UIPMX | 1.87 | 0.39 | 0.13 | 0.69 | 2.44 | 4.35 | 12.72 |