Aggressive Investors Correlations

BRAGX Fund

USD 95.07 2.36 2.55%

The current 90-days correlation between Aggressive Investors and Global Real Estate is 0.59 (i.e., Very weak diversification). The correlation of Aggressive Investors 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.

Aggressive Investors Correlation With Market

Poor diversification

The correlation between Aggressive Investors 1 and DJI is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aggressive Investors 1 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 Aggressive Investors 1. 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 price.

Moving together with Aggressive Mutual Fund

0.85	BRSIX	Ultra-small Company	Pair Corr
0.87	BRSVX	Small Cap Value	Pair Corr
0.94	BRUSX	Ultra-small Company	Pair Corr
0.87	BOSVX	Omni Small Cap	Pair Corr
0.97	VTSAX	Vanguard Total Stock	Pair Corr
0.97	VFIAX	Vanguard 500 Index	Pair Corr
0.97	VTSMX	Vanguard Total Stock	Pair Corr
0.97	VITSX	Vanguard Total Stock	Pair Corr
0.89	VSMPX	Vanguard Total Stock	Pair Corr
0.89	VSTSX	Vanguard Total Stock	Pair Corr
0.97	VFINX	Vanguard 500 Index	Pair Corr
0.88	VFFSX	Vanguard 500 Index	Pair Corr
0.94	VINIX	Vanguard Institutional	Pair Corr
0.94	VIIIX	Vanguard Institutional	Pair Corr

Moving against Aggressive Mutual Fund

0.53	PRREX	Putnam Absolute Return	Pair Corr
0.52	VFFIX	Victory Incore	Pair Corr
0.52	CRANX	Community Reinvestment	Pair Corr
0.46	TAIBX	Prudential E Bond	Pair Corr
0.41	VDMCX	Virtus Kar Developing	Pair Corr
0.36	TAISX	Tiaa Cref Intl	Pair Corr
0.32	DGCAX	Delaware Porate Bond	Pair Corr
0.52	JADKX	John Hancock Variable	Pair Corr
0.51	PRICX	Prudential Government	Pair Corr

Related Correlations Analysis

	RRSCX	FRIOX	FIKMX	CREMX	NRSCX	SEIRX	VGSIX
RRSCX		0.77	0.75	0.47	0.14	0.95	0.97	RRSCX
FRIOX	0.77		1.0	0.88	0.6	0.79	0.86	FRIOX
FIKMX	0.75	1.0		0.9	0.61	0.77	0.85	FIKMX
CREMX	0.47	0.88	0.9		0.62	0.46	0.59	CREMX
NRSCX	0.14	0.6	0.61	0.62		0.28	0.29	NRSCX
SEIRX	0.95	0.79	0.77	0.46	0.28		0.97	SEIRX
VGSIX	0.97	0.86	0.85	0.59	0.29	0.97		VGSIX
	RRSCX	FRIOX	FIKMX	CREMX	NRSCX	SEIRX	VGSIX

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Risk-Adjusted Indicators

There is a big difference between Aggressive Mutual Fund performing well and Aggressive Investors 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 Aggressive Investors' 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
RRSCX	0.76	(0.01)	0.00	(0.05)	0.00	0.00	1.56	(1.56)	4.16
FRIOX	0.26	0.02	0.11	0.07	0.32	(0.28)	0.59	(0.50)	1.30
FIKMX	0.26	0.02	0.13	0.10	0.30	(0.29)	0.59	(0.49)	1.36
CREMX	0.02	0.02	0.00	7.71	0.00	0.00	0.08	0.00	0.08
NRSCX	0.18	0.00	0.14	0.11	0.22	(0.18)	0.31	(0.37)	1.00
SEIRX	0.97	(0.03)	0.00	(0.08)	0.00	0.00	1.69	(2.42)	4.42
VGSIX	0.93	0.01	0.00	(0.03)	0.00	0.00	1.73	(1.97)	4.57

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