Anfield Universal Correlations

AFLIX Fund

USD 8.73 0.01 0.11%

The current 90-days correlation between Anfield Universal Fixed and Lifestyle Ii Moderate is -0.09 (i.e., Good diversification). The correlation of Anfield Universal 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.

Anfield Universal Correlation With Market

Good diversification

The correlation between Anfield Universal Fixed and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Anfield Universal Fixed and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anfield Universal Fixed. 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 Anfield Mutual Fund

1.0	AFLEX	Anfield Universal Fixed	Pair Corr
0.99	AFLKX	Anfield Universal Fixed	Pair Corr
0.97	BSIKX	Blackrock Strategic	Pair Corr
0.95	BSICX	Blackrock Strategic Opps	Pair Corr
0.96	BASIX	Blackrock Strategic Opps	Pair Corr
0.97	BSIIX	Blackrock Strategic	Pair Corr
0.92	JSORX	Jpmorgan Strategic Income	Pair Corr
0.93	JSOZX	Jpmorgan Strategic Income	Pair Corr
0.9	JSOCX	Jpmorgan Strategic Income	Pair Corr
0.93	JSOSX	Jpmorgan Strategic Income	Pair Corr
0.91	JSOAX	Jpmorgan Strategic Income	Pair Corr
0.96	PMZCX	Pimco Mortgage Oppor	Pair Corr
0.74	CSJZX	Cohen Steers Realty	Pair Corr
0.74	CSRSX	Cohen Steers Realty	Pair Corr
0.73	RYCQX	Inverse Russell 2000	Pair Corr
0.93	SZIIX	Deutsche E Plus	Pair Corr
0.69	TRXAX	Catalyst/map Global	Pair Corr
0.87	DPFAX	Deer Park Total	Pair Corr
0.92	GSIUX	Goldman Sachs Emerging	Pair Corr
0.79	PCMFX	California Municipal	Pair Corr
0.86	RWDIX	Redwood Managed Vola	Pair Corr
0.86	RWDYX	Redwood Managed Vola	Pair Corr
0.79	MMIIX	Mfs Municipal High	Pair Corr
0.88	DPFNX	Deer Park Total	Pair Corr
0.96	HOSGX	Short Term Government	Pair Corr
0.99	DBLLX	Doubleline Low Duration	Pair Corr
0.95	TNURX	1290 Unconstrained Bond	Pair Corr
0.8	FCEEX	Franklin Fund Allocator	Pair Corr
0.76	LMHIX	Western Asset Municipal	Pair Corr
0.97	LWSTX	Western Asset Short	Pair Corr
0.98	HIPCX	The Hartford Inflation	Pair Corr
0.96	CTIVX	Columbia Strategic Income	Pair Corr

Moving against Anfield Mutual Fund

0.57	WRHIX	Ivy High Income	Pair Corr
0.47	WHIYX	Ivy High Income	Pair Corr
0.43	IVHIX	Ivy High Income	Pair Corr
0.42	IHIFX	Ivy High Income	Pair Corr
0.5	WHIAX	Ivy High Income	Pair Corr

Related Correlations Analysis

	JLMOX	JLAEX	ARTOX	JTMIX	MURFX	TPILX	MRMTX	SXMAX
JLMOX		0.95	0.94	0.98	0.77	0.99	0.98	0.74	JLMOX
JLAEX	0.95		0.84	0.91	0.67	0.92	0.91	0.69	JLAEX
ARTOX	0.94	0.84		0.95	0.89	0.96	0.96	0.82	ARTOX
JTMIX	0.98	0.91	0.95		0.76	1.0	0.96	0.71	JTMIX
MURFX	0.77	0.67	0.89	0.76		0.78	0.86	0.89	MURFX
TPILX	0.99	0.92	0.96	1.0	0.78		0.97	0.73	TPILX
MRMTX	0.98	0.91	0.96	0.96	0.86	0.97		0.85	MRMTX
SXMAX	0.74	0.69	0.82	0.71	0.89	0.73	0.85		SXMAX
	JLMOX	JLAEX	ARTOX	JTMIX	MURFX	TPILX	MRMTX	SXMAX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Anfield Mutual Fund performing well and Anfield Universal 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 Anfield Universal'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
JLMOX	0.33	0.00	0.06	(0.02)	0.43	(0.37)	0.64	(0.63)	1.75
JLAEX	0.24	0.01	0.10	0.02	0.29	(0.29)	0.52	(0.52)	1.32
ARTOX	0.34	(0.02)	0.00	(0.08)	0.00	0.00	0.63	(0.88)	2.01
JTMIX	0.32	0.00	0.06	(0.02)	0.42	(0.34)	0.65	(0.65)	1.88
MURFX	0.32	(0.04)	0.00	(0.24)	0.00	0.00	0.58	(0.57)	2.82
TPILX	0.31	0.00	0.00	(0.04)	0.00	0.00	0.61	(0.61)	1.77
MRMTX	0.34	(0.02)	0.00	(0.09)	0.00	0.00	0.68	(0.68)	2.47
SXMAX	0.53	(0.08)	0.00	(0.24)	0.00	0.00	0.76	(0.96)	8.55

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC