T Rowe Correlations
| TEUIX Fund | USD 26.63 0.07 0.26% |
The current 90-days correlation between T Rowe Price and Great West Large Cap is -0.17 (i.e., Good diversification). The correlation of T Rowe 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.
T Rowe Correlation With Market
Good diversification
The correlation between T Rowe Price and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding T Rowe Price and DJI in the same portfolio, assuming nothing else is changed.
TEUIX |
Moving against TEUIX Mutual Fund
Related Correlations Analysis
| 0.87 | 0.75 | 0.78 | 0.76 | 0.76 | MXHAX | ||
| 0.87 | 0.86 | 0.77 | 0.83 | 0.83 | DLCIX | ||
| 0.75 | 0.86 | 0.92 | 0.95 | 0.95 | GMLVX | ||
| 0.78 | 0.77 | 0.92 | 0.91 | 0.91 | WILCX | ||
| 0.76 | 0.83 | 0.95 | 0.91 | 1.0 | LMTIX | ||
| 0.76 | 0.83 | 0.95 | 0.91 | 1.0 | LMUSX | ||
Risk-Adjusted Indicators
There is a big difference between TEUIX Mutual Fund performing well and T Rowe 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 T Rowe'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MXHAX | 0.44 | (0.01) | (0.04) | 0.08 | 0.45 | 1.01 | 3.70 | |||
| DLCIX | 0.51 | 0.01 | 0.01 | 0.10 | 0.61 | 1.26 | 4.04 | |||
| GMLVX | 0.62 | 0.05 | 0.03 | 0.16 | 0.70 | 1.29 | 4.57 | |||
| WILCX | 0.38 | 0.00 | (0.08) | 0.10 | 0.31 | 0.85 | 2.22 | |||
| LMTIX | 0.49 | 0.02 | 0.02 | 0.11 | 0.56 | 1.16 | 4.10 | |||
| LMUSX | 0.48 | 0.02 | 0.01 | 0.11 | 0.56 | 1.15 | 4.03 |