Artisan Focus Correlations

Mutual Funds . USA . 
Fund . Artisan Focus
APHTX Fund  USD 21.57  0.27  1.24%   
The correlation of Artisan Focus 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 Focus Correlation With Market

Good diversification

The correlation between Artisan Focus and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Artisan Focus 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 Focus. 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 estimate.

Moving together with Artisan Mutual Fund

  0.73APHSX Artisan Small CapPairCorr
  0.88APHRX Artisan Global OpporPairCorr
  0.7APHQX Artisan Mid CapPairCorr
  0.86APHMX Artisan Mid CapPairCorr
  0.95APHDX Artisan Global DiscoveryPairCorr
  0.67FAFGX American FundsPairCorr
  0.67FFAFX American FundsPairCorr
  0.63GFACX Growth FundPairCorr
  0.68GFAFX Growth FundPairCorr
  0.87AGTHX Growth FundPairCorr
  0.66CGFFX Growth FundPairCorr
  0.63CGFCX Growth FundPairCorr
  0.67CGFAX Growth FundPairCorr
  0.67CGFEX Growth FundPairCorr
  0.66RGAEX Growth FundPairCorr
  0.62JULMX Multimanager LifestylePairCorr

Related Correlations Analysis

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 Focus 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 Focus' 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.

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
 
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