Ab Government Correlations
| AIEXX 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.
AIEXX |
Related Correlations Analysis
| 0.93 | 0.94 | 0.97 | 0.95 | HYSZX | ||
| 0.93 | 0.96 | 0.92 | 0.96 | SGYAX | ||
| 0.94 | 0.96 | 0.94 | 0.96 | RHYKX | ||
| 0.97 | 0.92 | 0.94 | 0.96 | QLMYIX | ||
| 0.95 | 0.96 | 0.96 | 0.96 | WAYRX | ||
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Risk-Adjusted Indicators
There is a big difference between AIEXX 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HYSZX | 0.13 | 0.01 | 0.23 | (0.23) | 0.00 | 0.48 | 1.08 | |||
| SGYAX | 0.16 | 0.02 | 0.19 | 0.14 | 0.07 | 0.56 | 1.57 | |||
| RHYKX | 0.15 | 0.02 | 0.20 | 0.16 | 0.00 | 0.37 | 0.92 | |||
| QLMYIX | 0.13 | 0.01 | 0.19 | (0.40) | 0.00 | 0.33 | 0.99 | |||
| WAYRX | 0.16 | 0.01 | 0.17 | 0.07 | 0.09 | 0.44 | 1.02 |