Acuitas Us Correlations
| AFMCX Fund | USD 14.29 0.05 0.35% |
The correlation of Acuitas Us 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.
Acuitas Us Correlation With Market
Poor diversification
The correlation between Acuitas Microcap Fund and DJI is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Acuitas Microcap Fund and DJI in the same portfolio, assuming nothing else is changed.
Acuitas |
Moving together with Acuitas Mutual Fund
| 0.89 | VSMAX | Vanguard Small Cap | PairCorr |
| 0.89 | VSCIX | Vanguard Small Cap | PairCorr |
| 0.96 | VSCPX | Vanguard Small Cap | PairCorr |
| 0.89 | NAESX | Vanguard Small Cap | PairCorr |
| 0.99 | FSSNX | Fidelity Small Cap | PairCorr |
| 0.98 | DFSTX | Us Small Cap | PairCorr |
| 0.79 | PASVX | T Rowe Price | PairCorr |
| 0.82 | PRVIX | T Rowe Price | PairCorr |
| 0.83 | TRZVX | T Rowe Price | PairCorr |
| 0.82 | PRSVX | T Rowe Price | PairCorr |
| 0.75 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.64 | BAC | Bank of America | PairCorr |
| 0.71 | HD | Home Depot | PairCorr |
| 0.61 | TRV | The Travelers Companies | PairCorr |
Moving against Acuitas Mutual Fund
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | MCBXX | ||
| 0.0 | 0.98 | 0.07 | 0.71 | 0.95 | 0.97 | FIKBX | ||
| 0.0 | 0.98 | 0.01 | 0.71 | 0.93 | 0.94 | RMBLX | ||
| 0.0 | 0.07 | 0.01 | -0.31 | 0.28 | 0.2 | BXSL | ||
| 0.0 | 0.71 | 0.71 | -0.31 | 0.59 | 0.65 | PGFMX | ||
| 0.0 | 0.95 | 0.93 | 0.28 | 0.59 | 0.96 | BTO | ||
| 0.0 | 0.97 | 0.94 | 0.2 | 0.65 | 0.96 | FNPIX | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Acuitas Mutual Fund performing well and Acuitas Us 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 Acuitas Us' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MCBXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FIKBX | 0.85 | 0.07 | 0.05 | 0.21 | 1.02 | 1.66 | 11.21 | |||
| RMBLX | 1.19 | 0.05 | 0.03 | 0.11 | 1.37 | 2.60 | 15.68 | |||
| BXSL | 0.76 | 0.16 | 0.15 | 0.61 | 0.71 | 1.43 | 4.08 | |||
| PGFMX | 0.37 | (0.03) | 0.00 | (0.12) | 0.00 | 0.78 | 3.70 | |||
| BTO | 1.11 | 0.15 | 0.10 | 0.25 | 1.25 | 2.32 | 13.54 | |||
| FNPIX | 1.14 | 0.12 | 0.07 | 0.22 | 1.39 | 2.08 | 13.82 |