Ab Fixed-income Correlations
MYMXX Fund | 1.00 0.00 0.00% |
The correlation of Ab Fixed-income 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.
MYMXX |
Related Correlations Analysis
1.0 | 0.96 | 0.99 | 0.99 | 0.99 | 1.0 | AVCNX | ||
1.0 | 0.95 | 0.99 | 0.99 | 0.99 | 0.99 | BOSVX | ||
0.96 | 0.95 | 0.97 | 0.97 | 0.98 | 0.97 | QRSVX | ||
0.99 | 0.99 | 0.97 | 0.99 | 0.99 | 0.99 | JISCX | ||
0.99 | 0.99 | 0.97 | 0.99 | 1.0 | 1.0 | NOSGX | ||
0.99 | 0.99 | 0.98 | 0.99 | 1.0 | 1.0 | VVSCX | ||
1.0 | 0.99 | 0.97 | 0.99 | 1.0 | 1.0 | LVAQX | ||
Risk-Adjusted Indicators
There is a big difference between MYMXX Money Market Fund performing well and Ab Fixed-income Money Market 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 Ab Fixed-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 | ||
---|---|---|---|---|---|---|---|---|---|---|
AVCNX | 0.88 | 0.04 | 0.09 | 0.14 | 0.77 | 2.10 | 4.53 | |||
BOSVX | 0.97 | 0.05 | 0.10 | 0.14 | 0.88 | 2.21 | 5.03 | |||
QRSVX | 0.70 | 0.02 | 0.05 | 0.13 | 0.55 | 1.89 | 3.95 | |||
JISCX | 0.85 | 0.04 | 0.08 | 0.14 | 0.75 | 2.05 | 4.45 | |||
NOSGX | 0.87 | 0.04 | 0.08 | 0.14 | 0.77 | 2.01 | 5.05 | |||
VVSCX | 0.87 | 0.03 | 0.09 | 0.13 | 0.73 | 1.93 | 4.88 | |||
LVAQX | 0.80 | 0.03 | 0.06 | 0.13 | 0.72 | 2.01 | 4.38 |