Aim Investment Correlations
| ADAXX Fund | USD 1.00 0.00 0.00% |
The correlation of Aim Investment 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.
Aim |
Related Correlations Analysis
| 0.94 | 0.99 | 0.98 | 0.94 | 0.94 | ARTFX | ||
| 0.94 | 0.95 | 0.92 | 0.89 | 0.91 | BUFHX | ||
| 0.99 | 0.95 | 0.98 | 0.93 | 0.94 | SGYAX | ||
| 0.98 | 0.92 | 0.98 | 0.96 | 0.95 | SEIYX | ||
| 0.94 | 0.89 | 0.93 | 0.96 | 0.96 | PHIAX | ||
| 0.94 | 0.91 | 0.94 | 0.95 | 0.96 | PYRLX | ||
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Risk-Adjusted Indicators
There is a big difference between Aim Money Market Fund performing well and Aim Investment 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 Aim Investment'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARTFX | 0.12 | 0.02 | 0.22 | 1.53 | 0.00 | 0.44 | 1.22 | |||
| BUFHX | 0.08 | 0.02 | 0.30 | 0.57 | 0.00 | 0.19 | 0.57 | |||
| SGYAX | 0.15 | 0.03 | 0.27 | 1.40 | 0.00 | 0.57 | 1.28 | |||
| SEIYX | 0.16 | 0.03 | 0.20 | 0.89 | 0.00 | 0.39 | 1.38 | |||
| PHIAX | 0.11 | 0.02 | 0.16 | 0.27 | 0.00 | 0.23 | 0.91 | |||
| PYRLX | 0.13 | 0.01 | 0.11 | 0.15 | 0.08 | 0.31 | 1.10 |