Money Market Correlations
| GOEXX Fund | 1.00 0.00 0.00% |
The correlation of Money Market 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.
Money |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Money Money Market Fund performing well and Money Market 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 Money Market'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VVSCX | 0.87 | 0.02 | 0.01 | 0.05 | 1.12 | 1.72 | 10.88 | |||
| QRSAX | 0.79 | 0.00 | 0.00 | 0.01 | 1.24 | 1.51 | 10.20 | |||
| ARSMX | 0.76 | (0.06) | 0.00 | (0.08) | 0.00 | 1.48 | 13.69 | |||
| UMPIX | 1.39 | 0.01 | 0.01 | 0.02 | 1.81 | 3.23 | 15.98 | |||
| BRSVX | 0.97 | (0.10) | 0.00 | (0.38) | 0.00 | 1.94 | 13.25 | |||
| WBVNX | 0.89 | (0.05) | 0.00 | (0.24) | 0.00 | 1.72 | 10.23 | |||
| HRVIX | 0.84 | (0.05) | 0.00 | (1.03) | 0.00 | 1.60 | 10.64 |