Aristotle Funds Correlations

ARALX Fund

14.14 0.23 1.60%

The current 90-days correlation between Aristotle Funds Series and Aristotle Funds Series is 0.9 (i.e., Almost no diversification). The correlation of Aristotle Funds 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.

Aristotle Funds Correlation With Market

Average diversification

The correlation between Aristotle Funds Series and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aristotle Funds Series 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 Aristotle Funds Series. 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 Aristotle Mutual Fund

0.88	ARAGX	Aristotle Funds Series	Pair Corr
0.88	ARAHX	Aristotle Funds Series	Pair Corr
0.85	ARABX	Aristotle Funds Series	Pair Corr
1.0	ARILX	Aristotle Funds Series	Pair Corr
0.88	ARIHX	Aristotle Funds Series	Pair Corr
0.85	ARIBX	Aristotle Funds Series	Pair Corr
0.85	ARRBX	Aristotle Funds Series	Pair Corr
0.72	PLUAX	Aristotle Funds Series	Pair Corr
0.85	AIBBX	Aristotle Funds Series	Pair Corr
0.77	AIGGX	Aristotle Growth Equity	Pair Corr
0.88	AIHHX	Aristotle Funds Series	Pair Corr
1.0	AILLX	Aristotle Funds Series	Pair Corr
0.84	AISBX	Ing Series Fund	Pair Corr
0.96	VTSAX	Vanguard Total Stock	Pair Corr
0.95	VFIAX	Vanguard 500 Index	Pair Corr
0.96	VTSMX	Vanguard Total Stock	Pair Corr
0.96	VITSX	Vanguard Total Stock	Pair Corr
0.96	VSMPX	Vanguard Total Stock	Pair Corr
0.96	VSTSX	Vanguard Total Stock	Pair Corr
0.95	VFINX	Vanguard 500 Index	Pair Corr
0.95	VFFSX	Vanguard 500 Index	Pair Corr
0.95	VINIX	Vanguard Institutional	Pair Corr
0.95	VIIIX	Vanguard Institutional	Pair Corr
0.78	FODQX	Oklahoma College Savings	Pair Corr
0.73	PNDIX	Pender Real Estate	Pair Corr

Moving against Aristotle Mutual Fund

0.48	AIFFX	Aristotle International	Pair Corr
0.47	ARAFX	Aristotle International	Pair Corr
0.47	ARIFX	Wilmington Intermediate	Pair Corr
0.42	PLEDX	Pacific Funds Esg	Pair Corr
0.37	PLEBX	Pacific Funds Esg	Pair Corr
0.32	ARIOX	Aristotlesaul Global	Pair Corr
0.62	VTIAX	Vanguard Total Inter	Pair Corr
0.58	VGTSX	Vanguard Total Inter	Pair Corr
0.32	AIOOX	Aristotlesaul Global	Pair Corr

Related Correlations Analysis

	ARAGX	ARAFX	ARAHX	ARABX	ARAQX	ARIOX	ARIQX	ARIFX
ARAGX		-0.6	0.64	0.59	-0.12	-0.71	-0.11	-0.6	ARAGX
ARAFX	-0.6		-0.14	-0.08	0.41	0.56	0.41	1.0	ARAFX
ARAHX	0.64	-0.14		1.0	0.64	-0.02	0.64	-0.14	ARAHX
ARABX	0.59	-0.08	1.0		0.68	0.04	0.68	-0.08	ARABX
ARAQX	-0.12	0.41	0.64	0.68		0.71	1.0	0.41	ARAQX
ARIOX	-0.71	0.56	-0.02	0.04	0.71		0.7	0.55	ARIOX
ARIQX	-0.11	0.41	0.64	0.68	1.0	0.7		0.4	ARIQX
ARIFX	-0.6	1.0	-0.14	-0.08	0.41	0.55	0.4		ARIFX
	ARAGX	ARAFX	ARAHX	ARABX	ARAQX	ARIOX	ARIQX	ARIFX

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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

ARIFX	+ 1.0	ARAFX
ARABX	+ 1.0	ARAHX
ARIQX	+ 1.0	ARAQX
ARIOX	+ 0.71	ARAQX
ARIQX	+ 0.7	ARIOX
ARAQX	+ 0.68	ARABX

High negative correlations

ARIOX	- 0.71	ARAGX
ARIFX	- 0.6	ARAGX
ARAFX	- 0.6	ARAGX
ARIFX	- 0.14	ARAHX
ARAHX	- 0.14	ARAFX
ARAQX	- 0.12	ARAGX

Risk-Adjusted Indicators

There is a big difference between Aristotle Mutual Fund performing well and Aristotle Funds 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 Aristotle Funds' 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
ARAGX	0.72	0.12	0.07	1.63	1.02	(0.72)	1.42	(1.53)	5.77
ARAFX	0.56	(0.13)	0.00	(0.52)	0.00	0.00	1.11	(1.65)	4.77
ARAHX	0.70	0.00	(0.02)	0.01	0.89	(0.84)	1.46	(1.38)	8.12
ARABX	0.76	(0.02)	(0.03)	(0.03)	0.95	(0.89)	1.56	(1.39)	8.91
ARAQX	0.61	(0.13)	0.00	(0.50)	0.00	0.00	1.00	(1.17)	5.38
ARIOX	1.02	(0.53)	0.00	(1.20)	0.00	0.00	0.90	(1.38)	27.56
ARIQX	0.61	(0.13)	0.00	(0.51)	0.00	0.00	0.98	(1.19)	5.59
ARIFX	0.56	(0.12)	0.00	(0.52)	0.00	0.00	1.12	(1.42)	4.79

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