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
| 0.7 | 0.88 | 0.87 | 0.89 | 0.66 | 0.9 | ALEFX | ||
| 0.7 | 0.8 | 0.82 | 0.78 | 0.29 | 0.81 | GRHAX | ||
| 0.88 | 0.8 | 0.93 | 0.99 | 0.5 | 0.99 | SMAPX | ||
| 0.87 | 0.82 | 0.93 | 0.93 | 0.6 | 0.94 | HNRGX | ||
| 0.89 | 0.78 | 0.99 | 0.93 | 0.55 | 0.99 | TMCLX | ||
| 0.66 | 0.29 | 0.5 | 0.6 | 0.55 | 0.54 | XGNTX | ||
| 0.9 | 0.81 | 0.99 | 0.94 | 0.99 | 0.54 | GLEAX | ||
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALEFX | 1.00 | 0.12 | 0.08 | (0.68) | 1.29 | 1.96 | 6.21 | |||
| GRHAX | 1.15 | 0.06 | 0.03 | 0.11 | 1.87 | 2.46 | 8.53 | |||
| SMAPX | 1.11 | 0.12 | 0.08 | 0.18 | 1.50 | 2.13 | 7.93 | |||
| HNRGX | 0.88 | 0.12 | 0.08 | 0.20 | 1.30 | 1.80 | 5.81 | |||
| TMCLX | 1.04 | 0.10 | 0.07 | 0.15 | 1.29 | 1.88 | 6.34 | |||
| XGNTX | 0.54 | 0.09 | 0.11 | (2.07) | 0.70 | 1.26 | 3.07 | |||
| GLEAX | 1.05 | 0.12 | 0.07 | 0.17 | 1.38 | 1.92 | 6.59 |