General Money Correlations
| GMBXX Fund | USD 1.00 0.00 0.00% |
The correlation of General 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.
General |
Related Correlations Analysis
| 0.44 | 0.56 | 0.73 | 0.7 | 0.8 | AOUNX | ||
| 0.44 | 0.93 | 0.81 | 0.78 | 0.79 | MDBSX | ||
| 0.56 | 0.93 | 0.94 | 0.88 | 0.89 | IGIEX | ||
| 0.73 | 0.81 | 0.94 | 0.96 | 0.97 | SEDAX | ||
| 0.7 | 0.78 | 0.88 | 0.96 | 0.95 | CDHIX | ||
| 0.8 | 0.79 | 0.89 | 0.97 | 0.95 | DLENX | ||
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Risk-Adjusted Indicators
There is a big difference between General Money Market Fund performing well and General 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 General 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AOUNX | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.51 | |||
| MDBSX | 0.22 | 0.01 | 0.11 | 0.13 | 0.19 | 0.50 | 1.14 | |||
| IGIEX | 0.26 | 0.02 | 0.11 | 0.38 | 0.25 | 0.72 | 1.47 | |||
| SEDAX | 0.26 | 0.03 | 0.15 | 0.62 | 0.20 | 0.59 | 1.43 | |||
| CDHIX | 0.58 | 0.05 | 0.07 | 0.08 | 0.76 | 1.15 | 3.45 | |||
| DLENX | 0.12 | 0.01 | 0.21 | 1.82 | 0.00 | 0.22 | 0.56 |