The Arbitrage Correlations

Mutual Funds . USA . 
Fund . The Arbitrage Fund
ARBNX Fund  USD 14.35  0.03  0.21%   
The current 90-days correlation between The Arbitrage and Goldman Sachs Government is 0.1 (i.e., Average diversification). The correlation of The Arbitrage 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.

The Arbitrage Correlation With Market

Very weak diversification

The correlation between The Arbitrage Fund and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Arbitrage Fund and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Arbitrage 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 state.

Moving together with The Mutual Fund

  1.0ARBFX The ArbitragePairCorr
  0.99ARBCX The ArbitragePairCorr
  0.87ARCFX Arbitrage CreditPairCorr
  0.95ARGAX Arbitrage FundPairCorr
  0.86ACFIX Arbitrage CreditPairCorr
  0.96AEDNX Arbitrage EventPairCorr
  0.96AEDFX Arbitrage EventPairCorr
  0.87AGCAX Arbitrage CreditPairCorr
  0.92AGEAX Arbitrage EventPairCorr
  0.83MERIX Merger FundPairCorr
  0.82MERFX Merger FundPairCorr
  0.82VARAX Vivaldi Merger ArbitragePairCorr
  0.83VARBX Vivaldi Merger ArbitragePairCorr
  0.82VARCX First Trust MergerPairCorr
  0.67RYMEX Commodities StrategyPairCorr
  0.62RYMBX Commodities StrategyPairCorr
  0.79BRUFX Bruce Fund BrucePairCorr
  0.8SPGSX State Street PremierPairCorr
  0.85KF Korea ClosedPairCorr
  0.64KCVIX Kngt Clb LargPairCorr
  0.77AIMOX Aqr InternationalPairCorr
  0.8LTFIX Principal Lifetime 2055PairCorr
  0.91VPMAX Vanguard PrimecapPairCorr
  0.81CYYYX Columbia ThermostatPairCorr
  0.68DTCPX Dfa Targeted CreditPairCorr
  0.77THOIX Thornburg Global OppPairCorr
  0.63DUSLX Dfa LargePairCorr
  0.74ICSIX Dynamic OpportunityPairCorr
  0.71MCBZX Manning Napier CorePairCorr
  0.89PEBIX Emerging Markets BondPairCorr
  0.85PCSRX CommodityrealreturnPairCorr
  0.82FNILX Fidelity Zero LargePairCorr
  0.74TIOPX Tiaa Cref InternationalPairCorr
  0.83VSMGX Vanguard LifestrategyPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between The Mutual Fund performing well and The Arbitrage 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 The Arbitrage'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY