Global Managed Correlations
| UGOFX Fund | USD 12.02 0.05 0.42% |
The current 90-days correlation between Global Managed Volatility and Vanguard Money Market is 0.05 (i.e., Significant diversification). The correlation of Global 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.
Global Managed Correlation With Market
Good diversification
The correlation between Global Managed Volatility and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Global Managed Volatility and DJI in the same portfolio, assuming nothing else is changed.
Global |
Moving together with Global Mutual Fund
| 0.66 | UICGX | Capital Growth | PairCorr |
| 0.69 | UIHIX | High Income Fund | PairCorr |
| 0.79 | UIIFX | International Fund | PairCorr |
| 0.99 | UIGIX | Growth Income | PairCorr |
| 0.63 | UIGRX | Growth Fund Growth | PairCorr |
| 0.72 | UIISX | Income Stock | PairCorr |
| 0.89 | UISBX | Short Term Bond | PairCorr |
| 0.97 | UIVAX | Value Fund Value | PairCorr |
| 0.98 | UIWGX | World Growth | PairCorr |
| 0.73 | URIBX | Intermediate Term Bond | PairCorr |
| 0.69 | URHIX | High Income Fund | PairCorr |
| 0.99 | URNQX | Nasdaq 100 Index | PairCorr |
| 0.92 | URUSX | Ultra Short Term | PairCorr |
| 0.99 | USPRX | Sp 500 Index | PairCorr |
| 0.98 | UTMAX | Target Managed Allocation | PairCorr |
| 0.93 | UUSIX | Ultra Short Term | PairCorr |
| 0.73 | UIAGX | Aggressive Growth | PairCorr |
| 0.72 | FCWGX | American Funds Capital | PairCorr |
| 0.72 | FWCGX | American Funds Capital | PairCorr |
| 0.63 | CWGFX | Capital World Growth | PairCorr |
| 0.63 | CWGCX | Capital World Growth | PairCorr |
| 0.72 | RWIFX | Capital World Growth | PairCorr |
| 0.63 | CWICX | Capital World Growth | PairCorr |
| 0.63 | RWIAX | Capital World Growth | PairCorr |
| 0.72 | WGIFX | Capital World Growth | PairCorr |
| 0.67 | CASAX | Columbia Pacific/asia | PairCorr |
Related Correlations Analysis
| 0.79 | 1.0 | 0.84 | 0.76 | 0.73 | 0.84 | VMRXX | ||
| 0.79 | 0.79 | 0.73 | 0.95 | 0.65 | 0.73 | SMAAX | ||
| 1.0 | 0.79 | 0.84 | 0.76 | 0.73 | 0.84 | FMFXX | ||
| 0.84 | 0.73 | 0.84 | 0.7 | 0.87 | 1.0 | PMTXX | ||
| 0.76 | 0.95 | 0.76 | 0.7 | 0.66 | 0.7 | FMVUX | ||
| 0.73 | 0.65 | 0.73 | 0.87 | 0.66 | 0.87 | GABXX | ||
| 0.84 | 0.73 | 0.84 | 1.0 | 0.7 | 0.87 | GMBXX | ||
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Risk-Adjusted Indicators
There is a big difference between Global Mutual Fund performing well and Global 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 Global 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VMRXX | 0.03 | 0.01 | 0.00 | 4.42 | 0.00 | 0.00 | 1.01 | |||
| SMAAX | 0.11 | 0.04 | (0.50) | (4.33) | 0.00 | 0.30 | 0.92 | |||
| FMFXX | 0.03 | 0.01 | 0.00 | 4.42 | 0.00 | 0.00 | 1.01 | |||
| PMTXX | 0.03 | 0.00 | 0.00 | 2.04 | 0.00 | 0.00 | 1.01 | |||
| FMVUX | 0.77 | 0.08 | 0.08 | 0.21 | 0.70 | 1.98 | 5.60 | |||
| GABXX | 0.03 | 0.00 | 0.00 | 0.27 | 0.00 | 0.00 | 1.01 | |||
| GMBXX | 0.03 | 0.00 | 0.00 | 2.04 | 0.00 | 0.00 | 1.01 |