Aim Investment Correlations
| GMRXX Fund | USD 1.00 0.00 0.00% |
The correlation of Aim Investment 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.
Aim |
Related Correlations Analysis
| 0.95 | 0.94 | 0.83 | 0.48 | 0.8 | 0.94 | ARTOX | ||
| 0.95 | 0.98 | 0.9 | 0.51 | 0.66 | 1.0 | TBLSX | ||
| 0.94 | 0.98 | 0.95 | 0.64 | 0.69 | 0.99 | JABKX | ||
| 0.83 | 0.9 | 0.95 | 0.81 | 0.62 | 0.91 | JLAEX | ||
| 0.48 | 0.51 | 0.64 | 0.81 | 0.46 | 0.53 | BTRIX | ||
| 0.8 | 0.66 | 0.69 | 0.62 | 0.46 | 0.66 | SXMAX | ||
| 0.94 | 1.0 | 0.99 | 0.91 | 0.53 | 0.66 | JTMIX | ||
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Risk-Adjusted Indicators
There is a big difference between Aim Money Market Fund performing well and Aim Investment 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 Aim Investment'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARTOX | 0.33 | (0.01) | 0.00 | (0.10) | 0.00 | 0.63 | 2.01 | |||
| TBLSX | 0.35 | 0.01 | 0.00 | (0.04) | 0.00 | 0.70 | 2.14 | |||
| JABKX | 0.31 | 0.01 | 0.00 | (0.04) | 0.00 | 0.64 | 1.75 | |||
| JLAEX | 0.24 | 0.02 | 0.17 | 0.00 | 0.30 | 0.52 | 1.32 | |||
| BTRIX | 0.20 | 0.02 | 0.28 | 0.22 | 0.17 | 0.44 | 1.22 | |||
| SXMAX | 0.52 | (0.08) | 0.00 | (0.27) | 0.00 | 0.76 | 8.55 | |||
| JTMIX | 0.31 | 0.01 | 0.00 | (0.04) | 0.00 | 0.65 | 1.88 |