Kkr Income Correlations

KIO Fund

USD 11.72 0.01 0.09%

The current 90-days correlation between Kkr Income Opportunities and Calamos Global Dynamic is 0.54 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kkr Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kkr Income Opportunities moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Kkr Income Correlation With Market

Very weak diversification

The correlation between Kkr Income Opportunities and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kkr Income Opportunities and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kkr Income Opportunities. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Kkr Fund

0.67	MHESX	Mh Elite Select	Pair Corr
0.66	BBALX	Northern Global Tactical	Pair Corr
0.65	GWLIX	Aberdeen Gbl Eq	Pair Corr
0.61	ONCIX	Oppenheimer Cnsrvtv	Pair Corr
0.68	FTCWX	Fidelity Asset Manager	Pair Corr
0.63	BZOIX	Collegeadvantage 529	Pair Corr
0.63	RDWFX	American Funds Developing	Pair Corr
0.65	SWYLX	Schwab Target 2020	Pair Corr

Related Correlations Analysis

	CHW	NCV	NBB	PCQ	NPFD	FRA	NMIMX	HPI	RPGRX	ADCCX
CHW		0.95	-0.24	0.83	0.46	0.6	0.67	-0.61	0.94	0.64	CHW
NCV	0.95		-0.22	0.75	0.54	0.53	0.65	-0.51	0.95	0.62	NCV
NBB	-0.24	-0.22		0.09	0.42	0.07	-0.52	0.66	-0.3	-0.66	NBB
PCQ	0.83	0.75	0.09		0.52	0.7	0.39	-0.31	0.68	0.38	PCQ
NPFD	0.46	0.54	0.42	0.52		0.17	-0.01	0.16	0.41	-0.16	NPFD
FRA	0.6	0.53	0.07	0.7	0.17		0.26	-0.06	0.45	0.32	FRA
NMIMX	0.67	0.65	-0.52	0.39	-0.01	0.26		-0.79	0.77	0.87	NMIMX
HPI	-0.61	-0.51	0.66	-0.31	0.16	-0.06	-0.79		-0.67	-0.79	HPI
RPGRX	0.94	0.95	-0.3	0.68	0.41	0.45	0.77	-0.67		0.75	RPGRX
ADCCX	0.64	0.62	-0.66	0.38	-0.16	0.32	0.87	-0.79	0.75		ADCCX
	CHW	NCV	NBB	PCQ	NPFD	FRA	NMIMX	HPI	RPGRX	ADCCX

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

NCV	+ 0.95	CHW
RPGRX	+ 0.95	NCV
RPGRX	+ 0.94	CHW
ADCCX	+ 0.87	NMIMX
PCQ	+ 0.83	CHW
RPGRX	+ 0.77	NMIMX

High negative correlations

ADCCX	- 0.79	HPI
HPI	- 0.79	NMIMX
RPGRX	- 0.67	HPI
ADCCX	- 0.66	NBB
HPI	- 0.61	CHW
NMIMX	- 0.52	NBB

Risk-Adjusted Indicators

There is a big difference between Kkr Fund performing well and Kkr Income 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 Kkr Income'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
CHW	0.66	0.09	0.09	0.16	0.74	(0.68)	1.37	(1.50)	3.03
NCV	0.68	0.02	0.01	0.06	0.81	(0.72)	1.48	(1.49)	3.41
NBB	0.40	(0.03)	0.00	(0.11)	0.00	0.00	0.63	(0.82)	2.15
PCQ	0.30	0.02	(0.02)	0.20	0.32	(0.34)	0.57	(0.57)	1.96
NPFD	0.33	0.00	(0.06)	0.05	0.38	(0.36)	0.78	(0.68)	1.72
FRA	0.44	(0.06)	0.00	(0.27)	0.00	0.00	0.87	(1.10)	2.76
NMIMX	0.75	0.20	0.21	0.43	0.58	(0.97)	1.11	(1.12)	13.58
HPI	0.33	(0.09)	0.00	(0.34)	0.00	0.00	0.72	(0.72)	1.66
RPGRX	0.34	0.03	0.03	0.11	0.35	(0.36)	0.79	(0.66)	1.86
ADCCX	1.18	0.28	0.21	0.85	0.89	(1.34)	1.33	(2.08)	27.51

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

2026 Macroaxis LLC