Rems International Correlations
REIFX Fund | USD 14.30 0.03 0.21% |
The current 90-days correlation between Rems International Real and Ultra Short Fixed Income is 0.09 (i.e., Significant diversification). The correlation of Rems International 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.
Rems International Correlation With Market
Good diversification
The correlation between Rems International Real and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rems International Real and DJI in the same portfolio, assuming nothing else is changed.
Rems |
Moving together with Rems Mutual Fund
0.92 | TVRVX | Third Avenue Real | PairCorr |
0.8 | TVSVX | Third Avenue Small | PairCorr |
0.89 | TAREX | Third Avenue Real | PairCorr |
0.8 | TASZX | Third Avenue Small | PairCorr |
0.92 | TARZX | Third Avenue Real | PairCorr |
0.8 | TASCX | Third Avenue Small | PairCorr |
0.94 | TAVFX | Third Avenue Value | PairCorr |
0.94 | TAVZX | Third Avenue Value | PairCorr |
0.94 | TVFVX | Third Avenue Value | PairCorr |
0.95 | VGRNX | Vanguard Global Ex | PairCorr |
0.98 | DFITX | Dfa International Real | PairCorr |
0.95 | VGRLX | Vanguard Global Ex | PairCorr |
0.61 | PGRUX | Global Real Estate | PairCorr |
0.79 | MGHRX | Morgan Stanley Insti | PairCorr |
0.82 | MBIRX | Morgan Stanley Insight | PairCorr |
0.79 | MGRPX | Growth Portfolio Class | PairCorr |
0.82 | MCRTX | Morgan Stanley Multi | PairCorr |
0.8 | ONERX | One Rock Fund Steady Growth | PairCorr |
0.78 | MSGUX | Growth Portfolio Class | PairCorr |
0.81 | MSCMX | Morgan Stanley Multi | PairCorr |
0.83 | PTY | Pimco Corporate Income | PairCorr |
0.82 | PDBZX | Prudential Total Return | PairCorr |
0.88 | BXDCX | Barings Active Short | PairCorr |
0.84 | EMPTX | Ubs Emerging Markets | PairCorr |
0.85 | GCPNX | Gateway Equity Call | PairCorr |
0.91 | STEYX | International Strategic | PairCorr |
0.86 | DLDFX | Destinations Low Duration | PairCorr |
0.88 | PFSIX | Pimco Emerging Markets | PairCorr |
0.8 | DCCRX | Delaware Small Cap | PairCorr |
0.75 | GSATX | Goldman Sachs Small | PairCorr |
0.73 | ITYYX | Invesco Technology | PairCorr |
0.84 | FBMPX | Multimedia Portfolio Steady Growth | PairCorr |
0.89 | TBLDX | T Rowe Price | PairCorr |
0.86 | PQTNX | Pimco Trends Managed | PairCorr |
0.84 | ODMAX | Oppenheimer Developing | PairCorr |
Related Correlations Analysis
0.91 | 0.9 | 0.97 | 0.92 | 0.96 | SWSFX | ||
0.91 | 0.8 | 0.92 | 0.81 | 0.87 | GUGAX | ||
0.9 | 0.8 | 0.92 | 0.94 | 0.93 | OPTCX | ||
0.97 | 0.92 | 0.92 | 0.94 | 0.97 | BWDTX | ||
0.92 | 0.81 | 0.94 | 0.94 | 0.97 | TRSAX | ||
0.96 | 0.87 | 0.93 | 0.97 | 0.97 | KMVAX | ||
Risk-Adjusted Indicators
There is a big difference between Rems Mutual Fund performing well and Rems International 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 Rems International'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SWSFX | 0.05 | 0.01 | 0.00 | 9.12 | 0.00 | 0.10 | 0.69 | |||
GUGAX | 0.21 | 0.04 | (0.27) | 0.63 | 0.00 | 0.46 | 1.09 | |||
OPTCX | 0.19 | 0.05 | (0.26) | (0.87) | 0.00 | 0.51 | 1.12 | |||
BWDTX | 0.06 | 0.03 | (0.73) | 6.25 | 0.00 | 0.10 | 0.30 | |||
TRSAX | 0.64 | 0.16 | 0.03 | (0.56) | 0.67 | 1.28 | 3.86 | |||
KMVAX | 0.58 | 0.20 | 0.10 | (0.86) | 0.39 | 1.56 | 3.05 |