Evaluator Very Correlations
| EVVCX Fund | USD 9.49 0.03 0.32% |
The current 90-days correlation between Evaluator Very Conse and Ab Impact Municipal is -0.01 (i.e., Good diversification). The correlation of Evaluator Very 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.
Evaluator Very Correlation With Market
Very weak diversification
The correlation between Evaluator Very Conservative and DJI is 0.49 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Evaluator Very Conservative and DJI in the same portfolio, assuming nothing else is changed.
Evaluator |
Moving together with Evaluator Mutual Fund
| 0.8 | EVFCX | Evaluator Conservative | PairCorr |
| 0.86 | EVVLX | Evaluator Very Conse | PairCorr |
| 0.89 | FASIX | Fidelity Asset Manager | PairCorr |
| 0.93 | FTIWX | Fidelity Asset Manager | PairCorr |
| 0.92 | FTDWX | Fidelity Asset Manager | PairCorr |
| 0.93 | FTAWX | Fidelity Asset Manager | PairCorr |
| 0.86 | FIKVX | Fidelity Asset Manager | PairCorr |
| 0.9 | FTCWX | Fidelity Asset Manager | PairCorr |
| 0.7 | VASIX | Vanguard Lifestrategy | PairCorr |
| 0.92 | PFIPX | Strategic Asset Mana | PairCorr |
| 0.82 | RAMEX | Short Term Bond | PairCorr |
| 0.89 | USGNX | Government Securities | PairCorr |
| 0.82 | PEAPX | International Emerging | PairCorr |
| 0.72 | FAGHX | Faghx | PairCorr |
| 0.94 | VWVUX | Tomorrows Scholar College | PairCorr |
| 0.92 | RNHIX | Rivernorthoaktree High | PairCorr |
| 0.8 | FHMIX | Federated Hermes Con | PairCorr |
| 0.78 | JEMSX | Jpmorgan Emerging Markets | PairCorr |
| 0.86 | PHYQX | Prudential High Yield | PairCorr |
| 0.92 | NRIQX | Neuberger Berman Int | PairCorr |
| 0.87 | EGRAX | Eaton Vance Global | PairCorr |
| 0.93 | PFO | Flaherty Crumrine | PairCorr |
Related Correlations Analysis
| 0.68 | 0.71 | 0.91 | 0.98 | 0.89 | 0.64 | ABIMX | ||
| 0.68 | 0.93 | 0.8 | 0.69 | 0.84 | 0.95 | RGVAX | ||
| 0.71 | 0.93 | 0.84 | 0.72 | 0.85 | 0.8 | GVPIX | ||
| 0.91 | 0.8 | 0.84 | 0.92 | 0.98 | 0.72 | OWCAX | ||
| 0.98 | 0.69 | 0.72 | 0.92 | 0.92 | 0.64 | MSTPX | ||
| 0.89 | 0.84 | 0.85 | 0.98 | 0.92 | 0.78 | BMBSX | ||
| 0.64 | 0.95 | 0.8 | 0.72 | 0.64 | 0.78 | FCSCX | ||
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Risk-Adjusted Indicators
There is a big difference between Evaluator Mutual Fund performing well and Evaluator Very 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 Evaluator Very'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ABIMX | 0.23 | (0.02) | 0.00 | 0.61 | 0.00 | 0.51 | 1.44 | |||
| RGVAX | 0.25 | 0.03 | 0.10 | 1.11 | 0.18 | 0.60 | 1.56 | |||
| GVPIX | 0.76 | (0.01) | 0.00 | (0.15) | 0.00 | 1.96 | 3.76 | |||
| OWCAX | 0.11 | (0.01) | 0.00 | (1.61) | 0.00 | 0.21 | 0.73 | |||
| MSTPX | 0.14 | (0.01) | 0.00 | 0.50 | 0.00 | 0.20 | 0.91 | |||
| BMBSX | 0.11 | (0.01) | 0.00 | (0.53) | 0.00 | 0.18 | 0.71 | |||
| FCSCX | 0.06 | 0.01 | 0.10 | 0.90 | 0.00 | 0.13 | 0.66 |