Aggressive Growth Correlations
PAGRX Fund | USD 124.96 1.35 1.09% |
The current 90-days correlation between Aggressive Growth and Vanguard Total Stock is 0.11 (i.e., Average diversification). The correlation of Aggressive Growth 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.
Aggressive Growth Correlation With Market
Poor diversification
The correlation between Aggressive Growth Portfolio and DJI is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aggressive Growth Portfolio and DJI in the same portfolio, assuming nothing else is changed.
Aggressive |
Moving together with Aggressive Mutual Fund
0.97 | PRPFX | Permanent Portfolio Class | PairCorr |
0.78 | PRTBX | Short Term Treasury | PairCorr |
0.77 | PRVBX | Versatile Bond Portfolio | PairCorr |
0.99 | VTSAX | Vanguard Total Stock | PairCorr |
1.0 | VFIAX | Vanguard 500 Index | PairCorr |
0.99 | VTSMX | Vanguard Total Stock | PairCorr |
1.0 | VITSX | Vanguard Total Stock | PairCorr |
0.99 | VSMPX | Vanguard Total Stock | PairCorr |
0.99 | VSTSX | Vanguard Total Stock | PairCorr |
1.0 | VFINX | Vanguard 500 Index | PairCorr |
0.99 | VFFSX | Vanguard 500 Index | PairCorr |
1.0 | VINIX | Vanguard Institutional | PairCorr |
1.0 | VIIIX | Vanguard Institutional | PairCorr |
0.96 | ERH | Allspring Utilities And | PairCorr |
0.95 | WHIYX | Ivy High Income | PairCorr |
0.96 | IVHIX | Ivy High Income | PairCorr |
0.95 | IHIFX | Ivy High Income | PairCorr |
0.95 | WRHIX | Ivy High Income | PairCorr |
0.96 | WHIAX | Ivy High Income | PairCorr |
0.83 | CSJZX | Cohen Steers Realty | PairCorr |
0.83 | CSRSX | Cohen Steers Realty | PairCorr |
0.98 | JDCAX | Janus Forty Fund | PairCorr |
0.74 | AVIGX | American Century Etf | PairCorr |
0.88 | PBXIX | Rationalpier 88 Conv | PairCorr |
0.99 | ICEQX | Ivy E Equity | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Aggressive Mutual Fund performing well and Aggressive Growth 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 Aggressive Growth'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
VTSAX | 0.63 | 0.31 | 0.08 | (1.71) | 0.33 | 2.07 | 5.05 | |||
VFIAX | 0.62 | 0.09 | 0.09 | 0.31 | 0.33 | 2.02 | 4.88 | |||
VTSMX | 0.63 | 0.31 | 0.08 | (1.52) | 0.35 | 2.08 | 5.04 | |||
VITSX | 0.63 | 0.09 | 0.09 | 0.30 | 0.36 | 2.07 | 5.05 | |||
VSMPX | 0.63 | 0.31 | 0.08 | (1.52) | 0.35 | 2.08 | 5.04 | |||
VSTSX | 0.63 | 0.31 | 0.08 | (1.53) | 0.35 | 2.08 | 5.04 | |||
VFINX | 0.63 | 0.10 | 0.09 | 0.32 | 0.31 | 2.02 | 4.88 | |||
VFFSX | 0.61 | 0.31 | 0.08 | (1.60) | 0.34 | 2.02 | 4.88 | |||
VINIX | 0.62 | 0.09 | 0.09 | 0.31 | 0.33 | 2.03 | 4.88 | |||
VIIIX | 0.62 | 0.09 | 0.09 | 0.31 | 0.33 | 2.03 | 4.88 |