Aperture Endeavour Correlations

Summary

ATOMXDelisted Fund

USD 12.87 0.00 0.00%

The current 90-days correlation between Aperture Endeavour Equity and Aperture Discover Equity is 0.72 (i.e., Poor diversification). The correlation of Aperture Endeavour 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.

Aperture Endeavour Correlation With Market

Good diversification

The correlation between Aperture Endeavour Equity and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aperture Endeavour Equity and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios. 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 population.

Moving together with Aperture Mutual Fund

0.76	BA	Boeing Earnings Call This Week	Pair Corr
0.75	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.7	WMT	Walmart Aggressive Push	Pair Corr
0.65	JPM	JPMorgan Chase	Pair Corr

Moving against Aperture Mutual Fund

0.6	VTIAX	Vanguard Total Inter	Pair Corr
0.57	VGTSX	Vanguard Total Inter	Pair Corr
0.46	RNPAX	New Perspective	Pair Corr
0.45	NPFCX	New Perspective	Pair Corr
0.45	CNPCX	New Perspective	Pair Corr
0.43	CNPEX	New Perspective	Pair Corr
0.42	NPFFX	New Perspective	Pair Corr
0.42	CNPAX	New Perspective	Pair Corr
0.42	CNPFX	New Perspective	Pair Corr
0.41	FNFPX	American Funds New	Pair Corr
0.41	FFPNX	American Funds New	Pair Corr
0.41	ANWPX	New Perspective	Pair Corr
0.81	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.76	XOM	Exxon Mobil Corp Earnings Call This Week	Pair Corr
0.69	INTC	Intel Aggressive Push	Pair Corr
0.65	AA	Alcoa Corp Potential Growth	Pair Corr
0.65	TRV	The Travelers Companies	Pair Corr
0.59	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.54	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.45	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.44	PG	Procter Gamble	Pair Corr

Related Correlations Analysis

	ADSRX	ANWRX	ANWOX	AFOEX	AFORX	APEEX	ATOMX	ADISX
ADSRX		0.41	0.36	0.65	0.66	0.92	0.92	0.97	ADSRX
ANWRX	0.41		0.83	0.66	0.73	0.23	0.23	0.37	ANWRX
ANWOX	0.36	0.83		0.71	0.66	0.21	0.21	0.33	ANWOX
AFOEX	0.65	0.66	0.71		0.87	0.61	0.6	0.57	AFOEX
AFORX	0.66	0.73	0.66	0.87		0.58	0.58	0.65	AFORX
APEEX	0.92	0.23	0.21	0.61	0.58		1.0	0.91	APEEX
ATOMX	0.92	0.23	0.21	0.6	0.58	1.0		0.91	ATOMX
ADISX	0.97	0.37	0.33	0.57	0.65	0.91	0.91		ADISX
	ADSRX	ANWRX	ANWOX	AFOEX	AFORX	APEEX	ATOMX	ADISX

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Risk-Adjusted Indicators

There is a big difference between Aperture Mutual Fund performing well and Aperture Endeavour 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 Aperture Endeavour'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
ADSRX	0.94	0.14	0.08	(1.15)	1.07	(1.03)	1.97	(1.57)	5.76
ANWRX	0.14	0.00	(0.12)	0.00	0.21	(0.22)	0.25	(0.25)	2.18
ANWOX	0.14	(0.01)	(0.13)	(3.86)	0.24	(0.22)	0.25	(0.25)	2.30
AFOEX	0.54	0.03	(0.02)	(0.44)	0.64	(0.65)	1.22	(1.17)	2.95
AFORX	0.53	0.02	(0.02)	(0.33)	0.62	(0.66)	1.22	(1.17)	2.95
APEEX	0.49	0.10	0.10	(19.79)	0.39	(0.59)	1.19	(1.01)	2.64
ATOMX	0.50	0.10	0.10	(15.97)	0.39	(0.61)	1.21	(1.00)	2.72
ADISX	0.94	0.12	0.07	(2.95)	1.06	(1.01)	1.94	(1.56)	5.70

Aperture Endeavour Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Aperture Endeavour mutual fund to make a market-neutral strategy. Peer analysis of Aperture Endeavour could also be used in its relative valuation, which is a method of valuing Aperture Endeavour by comparing valuation metrics with similar companies.

Aperture Discover Equity Aperture New World Aperture New World Aperture International Equity Aperture International Equity Aperture Endeavour Equity Aperture Endeavour Equity Aperture Discover Equity American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp

Risk & Return

Correlation

Still Interested in Aperture Endeavour Equity?

Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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