Real Return Correlations
PRRIX Fund | USD 10.25 0.02 0.19% |
The current 90-days correlation between Real Return Fund and City National Rochdale is 0.18 (i.e., Average diversification). The correlation of Real Return 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.
Real |
Moving together with Real Mutual Fund
0.68 | VIPSX | Vanguard Inflation-protec | PairCorr |
0.67 | VIPIX | Vanguard Inflation | PairCorr |
0.66 | FLIBX | American Funds Inflation | PairCorr |
0.84 | FIBLX | American Funds Inflation | PairCorr |
0.8 | BFICX | American Funds Inflation | PairCorr |
0.82 | BFIAX | American Funds Inflation | PairCorr |
0.83 | BFIFX | American Funds Inflation | PairCorr |
0.93 | PARRX | Real Return Fund | PairCorr |
0.92 | PRLPX | Pimco Real Return | PairCorr |
0.64 | FFBTX | Fidelity Freedom Blend | PairCorr |
0.66 | GAAVX | Gmo Alternative Allo | PairCorr |
0.62 | GQLOX | Gmo Quality Fund | PairCorr |
Moving against Real Mutual Fund
0.63 | MCD | McDonalds | PairCorr |
0.47 | VZ | Verizon Communications Earnings Call This Week | PairCorr |
0.39 | KO | Coca Cola Earnings Call This Week | PairCorr |
Related Correlations Analysis
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Real Mutual Fund performing well and Real Return 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 Real Return'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
RIMOX | 0.09 | 0.06 | (1.19) | (5.02) | 0.00 | 0.36 | 0.53 | |||
JDHYX | 0.21 | 0.08 | (0.53) | 0.82 | 0.00 | 0.73 | 1.44 | |||
FAGIX | 0.32 | 0.07 | (0.24) | 0.48 | 0.00 | 0.84 | 3.15 | |||
PHDTX | 0.12 | 0.07 | (0.72) | 1.91 | 0.00 | 0.35 | 0.93 | |||
SHYIX | 0.14 | 0.05 | (0.85) | 1.00 | 0.00 | 0.50 | 1.01 | |||
FPIOX | 0.18 | 0.07 | (0.62) | 0.85 | 0.00 | 0.60 | 1.16 | |||
PBHAX | 0.17 | 0.05 | (0.66) | 1.12 | 0.00 | 0.43 | 1.09 | |||
BXHCX | 0.16 | 0.06 | (0.71) | 0.99 | 0.00 | 0.50 | 1.16 |