Vaughan Nelson Correlations
| VNVNX Fund | USD 25.18 0.08 0.32% |
The current 90-days correlation between Vaughan Nelson Value and Pgim Conservative Retirement is -0.01 (i.e., Good diversification). The correlation of Vaughan Nelson 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.
Vaughan Nelson Correlation With Market
Poor diversification
The correlation between Vaughan Nelson Value and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vaughan Nelson Value and DJI in the same portfolio, assuming nothing else is changed.
Vaughan |
Moving together with Vaughan Mutual Fund
| 0.64 | LGRCX | Loomis Sayles Growth | PairCorr |
| 0.64 | LGRNX | Loomis Sayles Growth | PairCorr |
| 0.73 | VNSCX | Vaughan Nelson Select | PairCorr |
| 0.72 | VNVCX | Vaughan Nelson Value | PairCorr |
| 1.0 | VNVYX | Vaughan Nelson Value | PairCorr |
Related Correlations Analysis
| 0.92 | 0.89 | 0.79 | 0.93 | PGFCX | ||
| 0.92 | 0.82 | 0.85 | 0.91 | VDSCX | ||
| 0.89 | 0.82 | 0.93 | 0.92 | DLTZX | ||
| 0.79 | 0.85 | 0.93 | 0.92 | TFCAX | ||
| 0.93 | 0.91 | 0.92 | 0.92 | GPICX | ||
Risk-Adjusted Indicators
There is a big difference between Vaughan Mutual Fund performing well and Vaughan Nelson 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 Vaughan Nelson'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PGFCX | 0.21 | 0.03 | (0.02) | 0.92 | 0.16 | 0.37 | 1.39 | |||
| VDSCX | 0.60 | 0.07 | 0.04 | 1.66 | 0.80 | 1.18 | 4.44 | |||
| DLTZX | 0.08 | 0.01 | (0.15) | (0.51) | 0.00 | 0.13 | 0.63 | |||
| TFCAX | 0.01 | 0.00 | 0.00 | 0.33 | 0.00 | 0.00 | 0.20 | |||
| GPICX | 0.03 | 0.00 | 0.00 | 0.10 | 0.00 | 0.10 | 0.21 |