Electronics Fund Correlations

RYSIX Fund

USD 483.97 14.09 2.83%

The current 90-days correlation between Electronics Fund Investor and Technology Fund Investor is -0.1 (i.e., Good diversification). The correlation of Electronics 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.

Electronics Fund Correlation With Market

Good diversification

The correlation between Electronics Fund Investor and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Electronics Fund Investor 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 Electronics Fund Investor. 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 gross domestic product.

Moving together with Electronics Mutual Fund

0.88	YB	Yuanbao American Dep	Pair Corr
0.69	GENVR	Gen Digital Contingent	Pair Corr
0.84	BULLW	Webull Warrants	Pair Corr
0.81	BZAIW	Blaize Holdings, Warrants Symbol Change	Pair Corr
0.77	MIND	Mind Technology	Pair Corr
0.92	HPE-PC	Hewlett Packard Ente	Pair Corr
0.88	DAICW	CID HoldCo, Warrants	Pair Corr
0.84	RZLVW	Rezolve AI Limited	Pair Corr
0.78	SHOP	SHOPIFY INC	Pair Corr
0.82	RYBCX	Basic Materials	Pair Corr
0.82	RYBAX	Basic Materials	Pair Corr

Moving against Electronics Mutual Fund

0.92	FAASW	DigiAsia Corp	Pair Corr
0.79	DVLT	Datavault AI Symbol Change	Pair Corr
0.75	HPAIW	Helport AI Limited	Pair Corr
0.72	VISL	Vislink Technologies	Pair Corr
0.53	APCXW	AppTech Payments Corp	Pair Corr
0.49	OUSTZ	Ouster, Warrants	Pair Corr
0.45	OUSTW	Ouster, Warrants	Pair Corr
0.41	VBIX	Viewbix Common Stock	Pair Corr
0.33	FIEE	FiEE, Inc	Pair Corr
0.81	NOVA	Sunnova Energy Inter	Pair Corr
0.78	SMTK	SmartKem, Common Stock Buyout Trend	Pair Corr
0.69	NUAI	New Era Energy	Pair Corr
0.68	APCX	Apptech Corp	Pair Corr
0.67	ODYS	Odysightai Common Stock	Pair Corr
0.6	MYSE	Myseum,	Pair Corr
0.4	ZEOWW	Zeo Energy Corp	Pair Corr
0.97	RYAIX	Inverse Nasdaq 100	Pair Corr
0.97	RYARX	Inverse Sp 500	Pair Corr

Related Correlations Analysis

	RYTIX	RYFIX	RYMIX	RYHIX	RYKIX
RYTIX		0.91	0.91	0.37	0.9	RYTIX
RYFIX	0.91		0.92	0.53	0.99	RYFIX
RYMIX	0.91	0.92		0.56	0.94	RYMIX
RYHIX	0.37	0.53	0.56		0.56	RYHIX
RYKIX	0.9	0.99	0.94	0.56		RYKIX
	RYTIX	RYFIX	RYMIX	RYHIX	RYKIX

Risk-Adjusted Indicators

There is a big difference between Electronics Mutual Fund performing well and Electronics 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 Electronics 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
RYTIX	0.75	0.09	0.09	0.19	0.74	(0.82)	2.03	(1.45)	4.47
RYFIX	0.59	(0.01)	(0.01)	0.09	0.64	(0.64)	1.34	(1.00)	3.07
RYMIX	0.75	0.14	0.16	0.24	0.63	(0.85)	1.98	(1.36)	4.26
RYHIX	0.67	(0.01)	(0.03)	0.08	0.83	(0.70)	1.43	(1.57)	4.81
RYKIX	0.83	0.07	0.10	0.15	0.69	(0.92)	2.03	(1.33)	4.46

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