AB RELATIVE Competition
| CABDX Fund | USD 6.71 0.02 0.30% |
AB RELATIVE vs VALUE LINE Correlation Summary
Good diversification
For the present investment horizon, the measured correlation between CABDX and VLIFX stands at -0.16, or Good diversification. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
Moving together with CABDX Mutual Fund
The concept of mean reversion suggests that AB RELATIVE's price will eventually return toward its long-run average. High prices may deter value investors, while unusually low prices often attract buyers who anticipate a recovery.
AB RELATIVE Competition Correlation Matrix
Correlation analysis between Ab Relative Value and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between CABDX Mutual Fund performing well and AB RELATIVE 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 AB RELATIVE'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GABSX | 0.73 | 0.07 | 0.07 | 0.05 | 0.85 | 2.02 | 4.74 | |||
| GACIX | 0.74 | 0.04 | 0.04 | 0.03 | 0.91 | 1.43 | 4.71 | |||
| CSVYX | 0.80 | 0.03 | 0.03 | 0.02 | 1.01 | 1.82 | 5.00 | |||
| BDFIX | 0.89 | -0.08 | 0.00 | -0.08 | 0.00 | 1.66 | 5.47 | |||
| BDFFX | 0.93 | -0.10 | 0.00 | -0.11 | 0.00 | 1.62 | 5.46 | |||
| PPVFX | 0.06 | 0.00 | 0.12 | -0.17 | 0.00 | 0.11 | 0.42 | |||
| FLCCX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SDLAX | 0.77 | 0.19 | 0.25 | -4.20 | 0.53 | 0.91 | 16.91 | |||
| FAMVX | 0.65 | 0.00 | 0.01 | -0.01 | 0.80 | 1.30 | 4.23 | |||
| VLIFX | 0.68 | -0.03 | 0.00 | -0.05 | 0.00 | 1.21 | 4.33 |
AB RELATIVE Competitive Analysis
Analyzing AB RELATIVE alongside its competitors can reveal how well the company is executing relative to peers. For longer-term investors, tracking AB RELATIVE's market share trends against competition is a key input for investment decisions.| Better Than Average | Worse Than Peers | View Performance Chart |
AB RELATIVE Peer Performance Charts
How to Analyze AB RELATIVE Against Peers
AB RELATIVE's peer analysis compares AB RELATIVE with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether AB RELATIVE trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where AB RELATIVE leads or lags and what catalysts could close or widen the gap.