Transamerica Multi-managed Correlations
TBLIX Fund | USD 35.90 0.04 0.11% |
The correlation of Transamerica Multi-managed 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.
Transamerica |
Moving together with Transamerica Mutual Fund
0.9 | FBONX | American Funds American | PairCorr |
0.9 | FBAFX | American Funds American | PairCorr |
0.9 | ABALX | American Balanced | PairCorr |
0.9 | BALCX | American Balanced | PairCorr |
0.9 | BALFX | American Balanced | PairCorr |
0.9 | RLBCX | American Balanced | PairCorr |
0.9 | RLBBX | American Balanced | PairCorr |
0.9 | CLBAX | American Balanced | PairCorr |
0.9 | CLBEX | American Balanced | PairCorr |
0.9 | RLBFX | American Balanced | PairCorr |
0.85 | ASG | Liberty All Star | PairCorr |
0.85 | IIF | Morgan Stanley India | PairCorr |
0.81 | USA | Liberty All Star | PairCorr |
0.9 | NFJ | Virtus Dividend Interest | PairCorr |
Moving against Transamerica Mutual Fund
Related Correlations Analysis
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Transamerica Mutual Fund performing well and Transamerica Multi-managed 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 Transamerica Multi-managed'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
FLDFX | 0.38 | 0.16 | (0.11) | (1.75) | 0.11 | 1.27 | 2.84 | |||
TOIIX | 0.49 | 0.18 | 0.07 | 0.72 | 0.15 | 1.17 | 3.25 | |||
RTIUX | 0.45 | 0.22 | 0.00 | (5.92) | 0.11 | 1.17 | 2.99 | |||
SNPTX | 0.58 | 0.09 | 0.08 | 0.31 | 0.17 | 1.86 | 4.47 | |||
FREIX | 0.53 | 0.24 | 0.00 | (1.38) | 0.34 | 1.52 | 4.22 | |||
ARTNX | 0.57 | 0.04 | 0.00 | 0.25 | 0.31 | 1.76 | 3.74 | |||
CSPFX | 0.59 | 0.10 | 0.09 | 0.33 | 0.36 | 1.80 | 4.31 | |||
MSTFX | 0.51 | 0.22 | 0.00 | (3.51) | 0.20 | 1.29 | 3.37 |