Channing Intrinsic Correlations

OWLLX Fund

USD 11.81 0.04 0.34%

The current 90-days correlation between Channing Intrinsic Value and Ab High Income is -0.03 (i.e., Good diversification). The correlation of Channing Intrinsic 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.

Channing Intrinsic Correlation With Market

Poor diversification

The correlation between Channing Intrinsic Value and DJI is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Channing Intrinsic Value and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Channing Intrinsic Value. 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 industry.

Moving together with Channing Mutual Fund

0.88	VSMAX	Vanguard Small Cap	Pair Corr
0.69	VSCIX	Vanguard Small Cap	Pair Corr
0.88	VSCPX	Vanguard Small Cap	Pair Corr
0.88	NAESX	Vanguard Small Cap	Pair Corr
0.83	FSSNX	Fidelity Small Cap	Pair Corr
0.78	DFSTX	Us Small Cap	Pair Corr
0.91	FTHSX	Fuller Thaler Behavioral	Pair Corr
0.91	FTHNX	Fuller Thaler Behavioral	Pair Corr
0.61	VSTSX	Vanguard Total Stock	Pair Corr
0.8	VSMPX	Vanguard Total Stock	Pair Corr
0.8	VITSX	Vanguard Total Stock	Pair Corr
0.76	VFIAX	Vanguard 500 Index	Pair Corr
0.61	VTSAX	Vanguard Total Stock	Pair Corr
0.73	VTSNX	Vanguard Total Inter	Pair Corr
0.76	VINIX	Vanguard Institutional	Pair Corr
0.61	PASCX	All Asset Fund	Pair Corr
0.74	SMACX	Moderately Servative	Pair Corr
0.61	EMDIX	Federated Emerging Market	Pair Corr
0.65	ASCLX	Ab Select Longshort	Pair Corr
0.68	VGPMX	Vanguard Global Capital	Pair Corr
0.64	OEPIX	Oil Equipment Services	Pair Corr
0.8	HCVAX	The Hartford Servative	Pair Corr
0.71	BFGBX	Blackrock Capital	Pair Corr
0.88	AABPX	American Beacon Balanced	Pair Corr
0.72	RSIPX	Columbia Disciplined	Pair Corr
0.85	SPXKX	Sp 500 Index	Pair Corr

Related Correlations Analysis

	AGDZX	0P0000A2WI	SABIX	DIHRX	AHYMX	AGTFX	BDHIX
AGDZX		0.81	0.62	0.54	0.61	0.78	0.77	AGDZX
0P0000A2WI	0.81		0.76	0.6	0.66	0.91	0.73	0P0000A2WI
SABIX	0.62	0.76		0.55	0.56	0.84	0.66	SABIX
DIHRX	0.54	0.6	0.55		0.49	0.67	0.88	DIHRX
AHYMX	0.61	0.66	0.56	0.49		0.68	0.66	AHYMX
AGTFX	0.78	0.91	0.84	0.67	0.68		0.8	AGTFX
BDHIX	0.77	0.73	0.66	0.88	0.66	0.8		BDHIX
	AGDZX	0P0000A2WI	SABIX	DIHRX	AHYMX	AGTFX	BDHIX

Risk-Adjusted Indicators

There is a big difference between Channing Mutual Fund performing well and Channing Intrinsic 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 Channing Intrinsic'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
AGDZX	0.11	0.00	(0.30)	0.07	0.06	(0.25)	0.43	(0.28)	0.86
0P0000A2WI	0.13	0.01	(0.20)	0.37	0.00	(0.25)	0.43	(0.29)	0.87
SABIX	0.60	0.07	0.10	0.13	0.49	(0.66)	1.12	(1.00)	9.72
DIHRX	0.59	(0.02)	(0.04)	0.03	0.75	(0.57)	1.06	(1.24)	2.67
AHYMX	0.09	0.00	(0.45)	(0.13)	0.00	(0.16)	0.22	(0.11)	0.67
AGTFX	0.66	0.10	0.12	0.15	0.66	(0.72)	1.13	(1.22)	9.26
BDHIX	0.31	(0.01)	(0.09)	0.04	0.34	(0.34)	0.57	(0.56)	2.16

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

Channing Intrinsic Correlations

Channing Intrinsic Correlation With Market

Poor diversification

Moving together with Channing Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY