Wasatch-hoisington Correlations

WHOSX Fund

USD 10.65 0.03 0.28%

The current 90-days correlation between Wasatch Hoisington and Dws Global Macro is 0.28 (i.e., Modest diversification). The correlation of Wasatch-hoisington 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.

Wasatch-hoisington Correlation With Market

Good diversification

The correlation between Wasatch Hoisington Treasury Fu and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wasatch Hoisington Treasury Fu and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wasatch Hoisington Treasury Fund. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with WASATCH-HOISINGTON Mutual Fund

0.65	WILCX	Wasatch Large Cap	Pair Corr
0.64	FMIEX	Wasatch Large Cap	Pair Corr
0.99	FTLTX	Fidelity Series Long	Pair Corr
0.95	VLGSX	Vanguard Long Term	Pair Corr

Moving against WASATCH-HOISINGTON Mutual Fund

0.41	WAIOX	Wasatch International	Pair Corr
0.41	WALSX	Wasatch Longshort Alpha	Pair Corr
0.41	WGLSX	Wells Fargo Advantage	Pair Corr
0.37	WAISX	Wasatch International	Pair Corr
0.36	WGISX	Wasatch International	Pair Corr
0.35	WGGSX	Wasatch Global Select	Pair Corr
0.31	WAGSX	Wasatch Global Select	Pair Corr
0.37	WIIOX	Wasatch International	Pair Corr

Related Correlations Analysis

	DBIWX	PRSAX	GMADX	DHGAX	PEIEX	CBSYX
DBIWX		0.91	0.83	0.91	0.83	0.94	DBIWX
PRSAX	0.91		0.8	0.9	0.88	0.9	PRSAX
GMADX	0.83	0.8		0.81	0.77	0.93	GMADX
DHGAX	0.91	0.9	0.81		0.75	0.92	DHGAX
PEIEX	0.83	0.88	0.77	0.75		0.82	PEIEX
CBSYX	0.94	0.9	0.93	0.92	0.82		CBSYX
	DBIWX	PRSAX	GMADX	DHGAX	PEIEX	CBSYX

Risk-Adjusted Indicators

There is a big difference between WASATCH-HOISINGTON Mutual Fund performing well and Wasatch-hoisington 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 Wasatch-hoisington'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
DBIWX	0.30	0.05	0.01	0.38	0.20	(0.34)	0.71	(0.62)	1.61
PRSAX	0.08	0.01	(0.36)	(1.86)	0.00	(0.14)	0.20	(0.10)	0.69
GMADX	0.53	0.00	0.00	0.06	0.68	(0.56)	1.13	(1.08)	3.57
DHGAX	0.12	0.01	(0.27)	0.29	0.00	(0.14)	0.25	(0.20)	0.73
PEIEX	0.59	0.05	0.03	0.12	0.80	(0.60)	1.36	(1.43)	4.26
CBSYX	0.35	0.03	0.00	0.12	0.35	(0.37)	0.71	(0.71)	2.04

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