Cref Inflation Correlations
| QCILIX Fund | USD 90.89 0.11 0.12% |
The current 90-days correlation between Cref Inflation Linked and Ivy Natural Resources is 0.05 (i.e., Significant diversification). The correlation of Cref Inflation 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.
Cref |
Moving together with Cref Fund
Moving against Cref Fund
Related Correlations Analysis
| 0.69 | 0.74 | 0.53 | 0.2 | 0.45 | 0.46 | IGNAX | ||
| 0.69 | 0.83 | 0.76 | 0.43 | 0.42 | 0.62 | PSPFX | ||
| 0.74 | 0.83 | 0.79 | 0.28 | 0.74 | 0.77 | DNLAX | ||
| 0.53 | 0.76 | 0.79 | 0.64 | 0.7 | 0.89 | GMOWX | ||
| 0.2 | 0.43 | 0.28 | 0.64 | 0.08 | 0.39 | CAEIX | ||
| 0.45 | 0.42 | 0.74 | 0.7 | 0.08 | 0.88 | PEO | ||
| 0.46 | 0.62 | 0.77 | 0.89 | 0.39 | 0.88 | HNRGX | ||
Risk-Adjusted Indicators
There is a big difference between Cref Fund performing well and Cref Inflation 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 Cref Inflation'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IGNAX | 0.89 | 0.14 | 0.06 | 108.44 | 1.14 | 1.62 | 5.41 | |||
| PSPFX | 1.33 | 0.24 | 0.14 | 0.29 | 1.45 | 3.25 | 7.71 | |||
| DNLAX | 0.98 | 0.06 | 0.04 | 0.11 | 1.25 | 1.85 | 5.14 | |||
| GMOWX | 0.98 | 0.06 | 0.05 | 0.11 | 1.13 | 2.02 | 5.52 | |||
| CAEIX | 0.72 | (0.02) | (0.02) | 0.04 | 0.99 | 1.43 | 4.38 | |||
| PEO | 0.72 | (0.03) | (0.06) | (0.02) | 1.02 | 1.38 | 4.03 | |||
| HNRGX | 0.96 | 0.02 | 0.00 | 0.09 | 1.34 | 1.76 | 5.72 |