Dws Money Correlations
| DOCXX Fund | USD 1.00 0.00 0.00% |
The current 90-days correlation between Dws Money Market and Vanguard Total Stock is 0.05 (i.e., Significant diversification). The correlation of Dws Money 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.
Dws Money Correlation With Market
Good diversification
The correlation between Dws Money Market 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 Dws Money Market and DJI in the same portfolio, assuming nothing else is changed.
Dws |
Moving together with Dws Money Market Fund
| 0.71 | CSCO | Cisco Systems | PairCorr |
| 0.61 | HD | Home Depot | PairCorr |
| 0.72 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
Moving against Dws Money Market Fund
| 0.56 | CGSIX | Calamos Global Susta | PairCorr |
| 0.5 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.73 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.6 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.49 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.38 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.37 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | PairCorr |
Related Correlations Analysis
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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 Dws Money Market Fund performing well and Dws Money Money Market 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 Dws Money'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VTSAX | 0.50 | 0.05 | 0.06 | 0.16 | 0.44 | 0.98 | 4.11 | |||
| VFIAX | 0.48 | 0.12 | 0.06 | 2.42 | 0.43 | 0.97 | 3.84 | |||
| VTSMX | 0.50 | 0.05 | 0.06 | 0.16 | 0.44 | 0.98 | 4.11 | |||
| VITSX | 0.50 | 0.05 | 0.06 | 0.16 | 0.44 | 0.98 | 4.11 | |||
| VSTSX | 0.50 | 0.05 | 0.06 | 0.16 | 0.44 | 0.98 | 4.11 | |||
| VSMPX | 0.50 | 0.05 | 0.06 | 0.16 | 0.43 | 0.98 | 4.11 | |||
| VFINX | 0.48 | 0.12 | 0.06 | 2.39 | 0.43 | 0.97 | 3.84 | |||
| VFFSX | 0.47 | 0.05 | 0.04 | 0.16 | 0.43 | 0.97 | 3.84 | |||
| VTIAX | 0.57 | (0.04) | 0.00 | (0.05) | 0.00 | 1.15 | 4.11 |