Anchor Risk Correlations
| ATCAX Fund | USD 16.44 0.05 0.31% |
The current 90-days correlation between Anchor Risk Managed and Small Cap Value is -0.02 (i.e., Good diversification). The correlation of Anchor Risk 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.
Anchor Risk Correlation With Market
Very weak diversification
The correlation between Anchor Risk Managed and DJI is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Anchor Risk Managed and DJI in the same portfolio, assuming nothing else is changed.
Anchor |
Moving together with Anchor Mutual Fund
| 0.93 | ATCSX | Anchor Tactical Credit | PairCorr |
| 0.63 | NXJ | Nuveen New Jersey | PairCorr |
| 0.61 | PCF | Putnam High Income | PairCorr |
| 0.62 | MXFMX | Mainstay Floating Rate | PairCorr |
| 0.72 | LSYNX | Lord Abbett Short | PairCorr |
| 0.64 | FADJX | Fadjx | PairCorr |
Moving against Anchor Mutual Fund
Related Correlations Analysis
| -0.97 | 0.99 | 0.99 | 0.98 | 0.99 | ASVIX | ||
| -0.97 | -0.97 | -0.97 | -0.92 | -0.96 | UCPIX | ||
| 0.99 | -0.97 | 0.99 | 0.97 | 0.98 | VSFSX | ||
| 0.99 | -0.97 | 0.99 | 0.97 | 0.99 | LVAQX | ||
| 0.98 | -0.92 | 0.97 | 0.97 | 0.97 | TIMVX | ||
| 0.99 | -0.96 | 0.98 | 0.99 | 0.97 | AFDVX | ||
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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 Anchor Mutual Fund performing well and Anchor Risk 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 Anchor Risk'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ASVIX | 0.82 | (0.10) | 0.00 | 2.49 | 0.00 | 1.23 | 4.45 | |||
| UCPIX | 1.84 | 0.28 | 0.15 | 1.41 | 1.92 | 4.57 | 10.95 | |||
| VSFSX | 0.82 | (0.09) | 0.00 | 3.48 | 0.00 | 1.48 | 5.18 | |||
| LVAQX | 0.76 | (0.09) | 0.00 | 3.66 | 0.00 | 1.18 | 3.61 | |||
| TIMVX | 0.71 | (0.05) | 0.00 | 16.98 | 0.00 | 1.41 | 3.55 | |||
| AFDVX | 0.79 | (0.08) | 0.00 | 2.02 | 0.00 | 1.55 | 4.58 |