Dws Government Correlations
| ICAXX Fund | USD 1.00 0.00 0.00% |
The correlation of Dws Government 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.
Dws |
Related Correlations Analysis
| 0.81 | 0.98 | 0.96 | 0.57 | 0.94 | CIPNX | ||
| 0.81 | 0.8 | 0.84 | 0.6 | 0.78 | MSSGX | ||
| 0.98 | 0.8 | 0.99 | 0.53 | 0.98 | SECAX | ||
| 0.96 | 0.84 | 0.99 | 0.56 | 0.97 | QSERX | ||
| 0.57 | 0.6 | 0.53 | 0.56 | 0.44 | ESCIX | ||
| 0.94 | 0.78 | 0.98 | 0.97 | 0.44 | QUAZX | ||
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Risk-Adjusted Indicators
There is a big difference between Dws Money Market Fund performing well and Dws Government 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 Dws Government'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CIPNX | 0.88 | (0.09) | 0.00 | 0.68 | 0.00 | 1.52 | 4.80 | |||
| MSSGX | 1.80 | (0.12) | 0.00 | (0.11) | 0.00 | 3.81 | 9.53 | |||
| SECAX | 0.92 | (0.10) | 0.00 | 1.05 | 0.00 | 1.84 | 4.65 | |||
| QSERX | 0.98 | (0.08) | 0.00 | 0.75 | 0.00 | 1.89 | 5.43 | |||
| ESCIX | 0.74 | 0.00 | 0.00 | 0.00 | 0.00 | 1.87 | 4.56 | |||
| QUAZX | 1.30 | (0.17) | 0.00 | 1.03 | 0.00 | 2.31 | 6.73 |