T ROWE Competition
| PRNEX Fund | USD 47.54 -0.55 -1.14% |
Correlation: T ROWE vs FIRST EAGLE Overview
Very poor diversification
Across the chosen horizon, PRNEX and FEGIX show a correlation of 0.88 and fall into the Very poor diversification bucket. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.
Moving together with PRNEX Mutual Fund
Moving against PRNEX Mutual Fund
Mean reversion in T ROWE's price occurs when temporary dislocations - caused by sentiment extremes, news events, or liquidity shocks - correct back toward the stock's historical fair value.
T ROWE Competition Correlation Matrix
Studying peer correlation around T Rowe Price gives investors a cleaner read on how much independent price behavior still exists across the competitive set. 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
T ROWE Mutual Fund may look attractive on headline returns alone, but deeper analysis often tells a different story. A thorough review of T ROWE's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PARWX | 0.63 | 0.07 | 0.09 | -0.01 | 0.83 | 1.35 | 3.49 | |||
| PFPWX | 0.63 | 0.07 | 0.09 | -0.01 | 0.84 | 1.35 | 3.50 | |||
| HRAUX | 0.92 | -0.01 | 0.00 | -0.09 | 0.00 | 1.61 | 6.78 | |||
| SMVLX | 0.64 | 0.10 | 0.14 | 0.05 | 0.79 | 1.84 | 3.74 | |||
| SHRAX | 1.37 | 0.27 | 0.32 | -0.48 | 0.91 | 1.53 | 30.74 | |||
| BGRFX | 1.33 | 0.23 | 0.21 | 0.63 | 1.17 | 2.08 | 30.35 | |||
| TBGVX | 0.45 | 0.10 | 0.17 | 0.15 | 0.68 | 1.10 | 4.15 | |||
| BDSKX | 0.92 | 0.05 | 0.00 | -0.05 | 0.00 | 1.37 | 6.13 | |||
| TRSSX | 0.97 | 0.22 | 0.17 | 0.12 | 1.07 | 1.63 | 12.83 | |||
| FEGIX | 2.15 | 0.27 | 0.06 | 0.13 | 3.95 | 4.57 | 18.19 |
T ROWE Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
T ROWE Competition Peer Performance Charts
How to Analyze T ROWE Against Peers
T ROWE's peer analysis compares T ROWE 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 T ROWE 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 T ROWE leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Relative analysis for T ROWE helps answer whether its current valuation premium or discount versus peers is justified by stronger fundamentals or just narrative momentum. Comparing peers in T. Rowe Price Funds, Large Funds, Natural Resources Funds can help separate structural strengths from temporary momentum.
This section for T Rowe Price is built from fund disclosures and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules.