Amg Managers Correlations
| BLUEX Fund | USD 40.12 0.04 0.1% |
The current 90-days correlation between Amg Managers Brandywine and Scharf Global Opportunity is 0.02 (i.e., Significant diversification). The correlation of Amg Managers 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.
Amg Managers Correlation With Market
Very weak diversification
The correlation between Amg Managers Brandywine 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 Amg Managers Brandywine and DJI in the same portfolio, assuming nothing else is changed.
Amg |
Moving against Amg Mutual Fund
| 0.33 | SSSFX | Amg Southernsun Small | PairCorr |
| 0.33 | SSSIX | Amg Southernsun Small | PairCorr |
| 0.32 | SSEIX | Amg Southernsun Equity | PairCorr |
| 0.32 | SSEFX | Amg Southernsun Equity | PairCorr |
| 0.39 | YASLX | Amg Yacktman Special | PairCorr |
Related Correlations Analysis
| 0.85 | 0.86 | 0.58 | 0.85 | 0.73 | WRLDX | ||
| 0.85 | 0.89 | 0.52 | 0.94 | 0.84 | EICVX | ||
| 0.86 | 0.89 | 0.65 | 0.96 | 0.88 | RTIUX | ||
| 0.58 | 0.52 | 0.65 | 0.61 | 0.59 | FTUFOX | ||
| 0.85 | 0.94 | 0.96 | 0.61 | 0.91 | DIHRX | ||
| 0.73 | 0.84 | 0.88 | 0.59 | 0.91 | FMUUX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Amg Mutual Fund performing well and Amg Managers 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 Amg Managers' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WRLDX | 0.64 | (0.02) | 0.00 | 0.09 | 0.00 | 1.24 | 2.96 | |||
| EICVX | 0.59 | 0.10 | 0.14 | 0.15 | 0.70 | 1.21 | 2.93 | |||
| RTIUX | 0.61 | 0.07 | 0.12 | (0.48) | 0.76 | 1.47 | 5.02 | |||
| FTUFOX | 0.10 | 0.00 | 0.30 | 0.10 | 0.04 | 0.20 | 0.60 | |||
| DIHRX | 0.59 | 0.09 | 0.13 | 0.15 | 0.66 | 1.51 | 3.80 | |||
| FMUUX | 0.03 | 0.00 | 0.00 | (0.06) | 0.00 | 0.10 | 0.40 |