Tcw High Correlations
| TGHNX Fund | USD 6.23 0.00 0.00% |
The correlation of Tcw High 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.
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Moving against Tcw Mutual Fund
Related Correlations Analysis
| 0.98 | 0.97 | 0.98 | 0.97 | 0.99 | SFGIX | ||
| 0.98 | 0.98 | 0.98 | 0.99 | 0.99 | OBEGX | ||
| 0.97 | 0.98 | 0.97 | 0.95 | 0.96 | SEDAX | ||
| 0.98 | 0.98 | 0.97 | 0.98 | 0.99 | SAEMX | ||
| 0.97 | 0.99 | 0.95 | 0.98 | 0.98 | RYCCX | ||
| 0.99 | 0.99 | 0.96 | 0.99 | 0.98 | ZEMIX | ||
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Risk-Adjusted Indicators
There is a big difference between Tcw Mutual Fund performing well and Tcw High 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 Tcw High'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SFGIX | 0.41 | 0.18 | 0.11 | 0.80 | 0.20 | 1.12 | 3.31 | |||
| OBEGX | 0.73 | 0.20 | 0.19 | 0.41 | 0.47 | 1.87 | 4.04 | |||
| SEDAX | 0.19 | 0.09 | (0.14) | 1.41 | 0.00 | 0.45 | 1.25 | |||
| SAEMX | 0.50 | 0.24 | 0.23 | 1.34 | 0.00 | 1.31 | 3.41 | |||
| RYCCX | 1.58 | 0.34 | 0.22 | 0.30 | 1.48 | 4.72 | 10.78 | |||
| ZEMIX | 0.57 | 0.21 | 0.20 | 0.60 | 0.00 | 1.86 | 3.78 |