Gqg Partners Correlations
| GQHPX Fund | USD 13.53 0.02 0.15% |
The current 90-days correlation between Gqg Partners Quality and Virtus Convertible is 0.42 (i.e., Very weak diversification). The correlation of Gqg Partners 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.
Gqg Partners Correlation With Market
Significant diversification
The correlation between Gqg Partners Quality and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gqg Partners Quality and DJI in the same portfolio, assuming nothing else is changed.
Gqg |
Moving together with Gqg Mutual Fund
Related Correlations Analysis
| 0.98 | 0.96 | 0.94 | 0.98 | 0.19 | VAADX | ||
| 0.98 | 0.97 | 0.92 | 0.96 | 0.36 | PBXIX | ||
| 0.96 | 0.97 | 0.93 | 0.97 | 0.35 | PBXCX | ||
| 0.94 | 0.92 | 0.93 | 0.95 | 0.24 | FSAWX | ||
| 0.98 | 0.96 | 0.97 | 0.95 | 0.19 | LCFYX | ||
| 0.19 | 0.36 | 0.35 | 0.24 | 0.19 | CCD | ||
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Risk-Adjusted Indicators
There is a big difference between Gqg Mutual Fund performing well and Gqg Partners 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 Gqg Partners' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VAADX | 0.43 | 0.15 | 0.09 | 1.59 | 0.18 | 1.09 | 2.28 | |||
| PBXIX | 0.31 | 0.08 | (0.06) | 1.07 | 0.00 | 0.87 | 1.94 | |||
| PBXCX | 0.32 | 0.03 | (0.09) | 0.18 | 0.15 | 0.88 | 1.96 | |||
| FSAWX | 0.08 | 0.03 | (0.71) | (3.60) | 0.00 | 0.19 | 0.46 | |||
| LCFYX | 0.37 | 0.09 | 0.06 | 0.30 | 0.00 | 1.01 | 2.22 | |||
| CCD | 0.75 | 0.02 | (0.07) | 0.25 | 0.90 | 1.88 | 4.88 |