Amg Gwk Correlations

GWGIX Fund

USD 19.57 0.20 1.01%

The current 90-days correlation between Amg Gwk Smallmid and Tax Managed Large Cap is 0.72 (i.e., Poor diversification). The correlation of Amg Gwk 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.

Amg Gwk Correlation With Market

Good diversification

The correlation between Amg Gwk Smallmid and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amg Gwk Smallmid and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Amg Gwk Smallmid. 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 gross domestic product.

Moving together with Amg Mutual Fund

0.92	VIMSX	Vanguard Mid Cap	Pair Corr
0.77	VMCPX	Vanguard Mid Cap	Pair Corr
0.77	VMCIX	Vanguard Mid Cap	Pair Corr
0.85	VEMPX	Vanguard Extended Market	Pair Corr
0.97	VIEIX	Vanguard Extended Market	Pair Corr
0.85	VEXMX	Vanguard Extended Market	Pair Corr
0.85	FSMAX	Fidelity Extended Market	Pair Corr
0.72	CIF	Mfs Intermediate High	Pair Corr
0.78	PCF	Putnam High Income	Pair Corr
0.64	TEPSX	Technology Ultrasector	Pair Corr
0.61	JNJ	Johnson Johnson	Pair Corr
0.7	VZ	Verizon Communications	Pair Corr
0.72	HPQ	HP Inc	Pair Corr

Moving against Amg Mutual Fund

0.44	XNBHX	Neuberger Berman Int	Pair Corr
0.6	IBM	International Business	Pair Corr

Related Correlations Analysis

	RTLCX	KMVAX	PBLIX	BXICX	OPTCX	TBLDX
RTLCX		0.97	0.99	0.92	0.98	0.98	RTLCX
KMVAX	0.97		0.97	0.94	0.93	0.97	KMVAX
PBLIX	0.99	0.97		0.91	0.97	0.99	PBLIX
BXICX	0.92	0.94	0.91		0.88	0.91	BXICX
OPTCX	0.98	0.93	0.97	0.88		0.96	OPTCX
TBLDX	0.98	0.97	0.99	0.91	0.96		TBLDX
	RTLCX	KMVAX	PBLIX	BXICX	OPTCX	TBLDX

Risk-Adjusted Indicators

There is a big difference between Amg Mutual Fund performing well and Amg Gwk 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 Amg Gwk'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
RTLCX	0.49	0.14	0.01	(0.59)	0.36	(0.59)	1.10	(0.80)	2.78
KMVAX	0.58	0.20	0.10	(0.86)	0.39	(0.63)	1.56	(0.96)	3.05
PBLIX	0.42	0.12	0.00	(0.95)	0.29	(0.50)	1.05	(0.69)	2.23
BXICX	0.08	0.01	(0.61)	0.55	0.00	(0.18)	0.13	(0.13)	0.78
OPTCX	0.19	0.05	(0.26)	(0.87)	0.00	(0.25)	0.51	(0.31)	1.12
TBLDX	0.25	0.08	(0.12)	(1.39)	0.00	(0.31)	0.58	(0.38)	1.50

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