Regents Park Correlations
| DALT Etf | USD 8.70 0.01 0.11% |
The current 90-days correlation between Regents Park Funds and Eaton Vance Enhanced is 0.04 (i.e., Significant diversification). The correlation of Regents Park 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.
Regents Park Correlation With Market
Significant diversification
The correlation between Regents Park Funds and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Regents Park Funds and DJI in the same portfolio, assuming nothing else is changed.
Regents |
Moving together with Regents Etf
| 0.63 | QAI | IQ Hedge Multi | PairCorr |
| 0.62 | HFND | Tidal ETF Trust | PairCorr |
| 0.81 | DSJA | DSJA | PairCorr |
| 0.89 | RSPY | Tuttle Capital Management | PairCorr |
| 0.93 | MEME | Roundhill Investments | PairCorr |
| 0.72 | XHLF | Bondbloxx ETF Trust | PairCorr |
| 0.83 | ETH | Grayscale Ethereum Mini | PairCorr |
| 0.87 | BTC | Grayscale Bitcoin Mini | PairCorr |
| 0.72 | DDM | ProShares Ultra Dow30 | PairCorr |
| 0.81 | EOS | Eaton Vance Enhanced | PairCorr |
| 0.74 | TGRW | T Rowe Price | PairCorr |
Related Correlations Analysis
| 0.84 | 0.84 | 0.84 | 0.77 | 0.74 | EOS | ||
| 0.84 | 0.68 | 0.75 | 0.54 | 0.56 | ETH | ||
| 0.84 | 0.68 | 0.6 | 0.87 | 0.79 | INTC | ||
| 0.84 | 0.75 | 0.6 | 0.55 | 0.58 | TRV | ||
| 0.77 | 0.54 | 0.87 | 0.55 | 0.78 | CAT | ||
| 0.74 | 0.56 | 0.79 | 0.58 | 0.78 | HPQ | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Regents Park Constituents Risk-Adjusted Indicators
There is a big difference between Regents Etf performing well and Regents Park ETF 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 Regents Park'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EOS | 0.62 | 0.07 | 0.05 | 0.22 | 0.53 | 1.80 | 3.70 | |||
| ETH | 3.25 | 0.24 | 0.15 | 0.21 | 2.98 | 9.37 | 19.82 | |||
| INTC | 2.37 | 0.06 | 0.08 | 0.16 | 2.60 | 6.36 | 18.29 | |||
| TRV | 1.10 | 0.14 | 0.10 | 0.27 | 1.15 | 1.93 | 11.31 | |||
| CAT | 1.32 | 0.01 | 0.07 | 0.13 | 1.35 | 3.36 | 12.38 | |||
| HPQ | 1.49 | (0.09) | (0.03) | 0.05 | 2.72 | 2.22 | 14.71 |
Regents Park 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 Regents Park etf to make a market-neutral strategy. Peer analysis of Regents Park could also be used in its relative valuation, which is a method of valuing Regents Park by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |