Artisan Value Correlations

APDLX Fund

USD 14.65 0.04 0.27%

The current 90-days correlation between Artisan Value and Siit High Yield is -0.05 (i.e., Good diversification). The correlation of Artisan Value 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.

Artisan Value Correlation With Market

Good diversification

The correlation between Artisan Value Fund and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Artisan Value Fund 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 Artisan Value Fund. 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 bureau of economic analysis.

Moving together with Artisan Mutual Fund

0.9	APDWX	Artisan Value Income	Pair Corr
0.76	APDYX	Artisan Developing World	Pair Corr
0.63	APDOX	Artisan Emerging Markets	Pair Corr
0.74	APDQX	Artisan Mid Cap	Pair Corr
0.63	APDKX	Artisan International	Pair Corr
0.8	APDJX	Artisan International	Pair Corr
0.72	APDGX	Artisan Global Value	Pair Corr
0.75	APDFX	Artisan High Income	Pair Corr
0.7	APDEX	Artisan Sustainable	Pair Corr
0.66	APDDX	Artisan Global Discovery	Pair Corr
0.9	APFWX	Artisan Value Income	Pair Corr
0.71	APFOX	Artisan Emerging Markets	Pair Corr
0.66	APFDX	Artisan Global Discovery	Pair Corr
0.89	APHWX	Artisan Value Income	Pair Corr
0.71	APHOX	Artisan Emerging Markets	Pair Corr
0.62	ARTQX	Artisan Mid Cap	Pair Corr
1.0	ARTLX	Artisan Value	Pair Corr
0.63	ARTKX	Artisan International	Pair Corr
0.8	ARTJX	Artisan International	Pair Corr
0.72	ARTGX	Artisan Global Value	Pair Corr
0.62	ARTFX	Artisan High Income	Pair Corr
0.76	ARTYX	Artisan Developing World	Pair Corr

Related Correlations Analysis

	SGYAX	ANBIX	DBLFX	FMUUX	TAADX	RULFX	UIITX	WACIX
SGYAX		0.84	0.75	0.9	0.77	0.89	0.77	0.82	SGYAX
ANBIX	0.84		0.97	0.96	0.96	0.92	0.97	0.98	ANBIX
DBLFX	0.75	0.97		0.89	0.99	0.83	0.99	0.99	DBLFX
FMUUX	0.9	0.96	0.89		0.9	0.98	0.91	0.92	FMUUX
TAADX	0.77	0.96	0.99	0.9		0.84	1.0	0.99	TAADX
RULFX	0.89	0.92	0.83	0.98	0.84		0.85	0.86	RULFX
UIITX	0.77	0.97	0.99	0.91	1.0	0.85		0.99	UIITX
WACIX	0.82	0.98	0.99	0.92	0.99	0.86	0.99		WACIX
	SGYAX	ANBIX	DBLFX	FMUUX	TAADX	RULFX	UIITX	WACIX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Artisan Mutual Fund performing well and Artisan Value 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 Artisan Value'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
SGYAX	0.16	0.02	0.30	0.09	0.10	(0.26)	0.56	(0.28)	1.57
ANBIX	0.16	0.03	0.41	1.08	0.00	(0.21)	0.38	(0.38)	0.98
DBLFX	0.22	0.02	0.30	0.44	0.17	(0.27)	0.54	(0.33)	1.33
FMUUX	0.03	0.00	0.00	(0.26)	0.00	0.00	0.10	0.00	0.40
TAADX	0.22	0.02	0.27	0.33	0.18	(0.28)	0.50	(0.38)	1.27
RULFX	0.05	0.01	0.00	2.78	0.00	0.00	0.10	(0.10)	0.60
UIITX	0.23	0.02	0.29	0.56	0.18	(0.28)	0.55	(0.43)	1.45
WACIX	0.25	0.02	0.28	0.29	0.21	(0.30)	0.55	(0.44)	1.56

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

Artisan Value Correlations

Artisan Value Correlation With Market

Good diversification

Moving together with Artisan Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY