Virtus Senior Correlations
PFSRX Fund | USD 8.64 0.01 0.12% |
The correlation of Virtus Senior 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.
Virtus Senior Correlation With Market
Modest diversification
The correlation between Virtus Senior Floating and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Virtus Senior Floating and DJI in the same portfolio, assuming nothing else is changed.
Virtus |
Moving together with Virtus Mutual Fund
0.79 | VMSSX | Virtus Multi Sector | PairCorr |
0.76 | SSAGX | Virtus Seix Government | PairCorr |
0.62 | SAMVX | Ridgeworth Ceredex Mid | PairCorr |
0.64 | SCETX | Ridgeworth Ceredex Small | PairCorr |
0.75 | NARAX | Virtus Multi Sector | PairCorr |
0.75 | VRHYX | Virtus High Yield | PairCorr |
0.69 | VAAGX | Virtus Nfj Large | PairCorr |
0.67 | VAADX | Virtus Convertible | PairCorr |
0.62 | VTARX | Virtus Dfa 2040 | PairCorr |
0.75 | SIGZX | Seix Govt Sec | PairCorr |
0.79 | SIGVX | Ridgeworth Seix Gove | PairCorr |
0.64 | VVERX | Virtus Ceredex Small | PairCorr |
0.65 | MERFX | Merger Fund | PairCorr |
0.61 | VIDMX | Virtus Kar Developing | PairCorr |
0.71 | PSFRX | Virtus Senior Floating | PairCorr |
0.71 | PSFIX | Virtus Senior Floating | PairCorr |
0.61 | PSTAX | Virtus Kar Capital | PairCorr |
0.78 | PSTCX | Virtus Multi Sector | PairCorr |
0.68 | OOSYX | Oppenheimer Senior | PairCorr |
0.7 | OOSIX | Oppenheimer Senior | PairCorr |
0.7 | LFRIX | Floating Rate | PairCorr |
0.73 | LARCX | Floating Rate | PairCorr |
0.7 | LFRRX | Lord Abbett Inv | PairCorr |
0.71 | LFRFX | Floating Rate | PairCorr |
0.71 | LRRRX | Floating Rate | PairCorr |
0.71 | LRRTX | Floating Rate | PairCorr |
0.73 | LRRVX | Floating Rate | PairCorr |
0.73 | LRRKX | Floating Rate | PairCorr |
0.68 | SMPIX | Semiconductor Ultrasector Steady Growth | PairCorr |
0.66 | SMPSX | Semiconductor Ultrasector Steady Growth | PairCorr |
0.64 | ONERX | One Rock Fund Steady Growth | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Virtus Mutual Fund performing well and Virtus Senior 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 Virtus Senior'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
NWWOX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
VDRRX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
SISIX | 0.17 | (0.01) | 0.00 | 0.30 | 0.00 | 0.37 | 2.16 | |||
VVERX | 1.28 | 0.07 | (0.03) | (3.74) | 2.11 | 2.33 | 13.97 | |||
VDTIX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
VMSAX | 0.18 | 0.03 | (0.37) | (5.90) | 0.21 | 0.45 | 1.15 | |||
VMSRX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
HYIZX | 0.21 | 0.03 | (0.20) | 0.37 | 0.21 | 0.65 | 1.31 | |||
VMVRX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |