Issachar Fund Correlations
The correlation of Issachar Fund 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.
Issachar |
Moving together with Issachar Mutual Fund
0.76 | LIOTX | Issachar Fund Class | PairCorr |
0.86 | PAALX | All Asset Fund | PairCorr |
0.79 | PATRX | Pimco All Asset | PairCorr |
0.8 | PAAIX | All Asset Fund | PairCorr |
0.8 | PALPX | Pimco All Asset | PairCorr |
0.71 | PASAX | All Asset Fund | PairCorr |
0.79 | PASCX | All Asset Fund | PairCorr |
0.8 | PAANX | Pimco All Asset | PairCorr |
0.87 | PAUPX | Pimco All Asset | PairCorr |
0.8 | PAUIX | Pimco All Asset | PairCorr |
0.66 | GAAKX | Gmo Alternative Allo | PairCorr |
0.63 | GAAGX | Gmo Alternative Allo | PairCorr |
0.79 | TWQCX | Transamerica Large Cap | PairCorr |
0.8 | SWYAX | Schwab Target 2010 | PairCorr |
0.7 | ARIOX | Aristotlesaul Global | PairCorr |
0.66 | SSCOX | Sentinel Small Pany | PairCorr |
0.8 | FSMDX | Fidelity Mid Cap | PairCorr |
0.77 | IRGPX | Voya Retirement Growth | PairCorr |
0.82 | CLBCX | American Balanced | PairCorr |
0.8 | GAIOX | American Funds Growth | PairCorr |
0.84 | TESRX | Franklin Mutual Shares | PairCorr |
0.69 | TISDX | Transamerica Funds | PairCorr |
0.77 | AORMX | One Choice Portfolio | PairCorr |
0.83 | AMFIX | Aama Income Fund | PairCorr |
0.76 | BITW | Bitwise 10 Crypto | PairCorr |
0.72 | RYPRX | Royce Premier | PairCorr |
0.74 | BCOIX | Baird E Plus | PairCorr |
0.75 | SCRSX | Small Cap Core | PairCorr |
0.8 | FZWXKX | Fzwxkx | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Issachar Mutual Fund performing well and Issachar Fund 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 Issachar Fund'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
BIBL | 0.72 | 0.23 | (0.01) | (8.29) | 0.63 | 1.83 | 5.27 | |||
LIOTX | 0.67 | 0.07 | (0.14) | 0.83 | 0.81 | 1.62 | 5.00 | |||
WWJD | 0.52 | 0.22 | (0.05) | (3.61) | 0.15 | 1.29 | 2.97 | |||
ISMD | 0.93 | 0.30 | 0.03 | (2.29) | 0.86 | 2.11 | 6.84 | |||
RISN | 0.69 | 0.08 | (0.11) | 0.47 | 0.60 | 1.52 | 5.14 |