Ab Government Correlations
| AEYXX Fund | USD 1.00 0.00 0.00% |
The correlation of Ab Government 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.
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Risk-Adjusted Indicators
There is a big difference between AEYXX Money Market Fund performing well and Ab Government 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 Ab Government'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JAAEX | 0.24 | 0.03 | 0.17 | 0.27 | 0.18 | 0.62 | 1.45 | |||
| MSTBX | 0.10 | 0.02 | 0.25 | 0.75 | 0.00 | 0.21 | 0.62 | |||
| OWMBX | 0.12 | 0.01 | 0.11 | 0.67 | 0.11 | 0.26 | 0.79 | |||
| ABNTX | 0.15 | 0.03 | 0.24 | 0.51 | 0.00 | 0.30 | 0.99 | |||
| SCCIX | 0.27 | 0.03 | 0.16 | 0.29 | 0.21 | 0.57 | 1.70 | |||
| CSBCX | 0.23 | 0.03 | 0.17 | 0.34 | 0.16 | 0.56 | 1.55 | |||
| JAFLX | 0.26 | 0.03 | 0.17 | 0.29 | 0.17 | 0.61 | 1.74 | |||
| ABNCX | 0.15 | 0.03 | 0.24 | 0.34 | 0.00 | 0.30 | 0.90 |