Im Dolan Correlations
IDMIX Fund | USD 9.87 0.01 0.10% |
The correlation of Im Dolan 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.
Im Dolan Correlation With Market
Modest diversification
The correlation between Im Dolan Mceniry and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Im Dolan Mceniry and DJI in the same portfolio, assuming nothing else is changed.
IDMIX |
Moving together with IDMIX Mutual Fund
0.61 | MAHIX | Litman Gregory Masters | PairCorr |
0.69 | MASFX | Litman Gregory Masters | PairCorr |
0.85 | MASNX | Litman Gregory Masters | PairCorr |
0.64 | MSILX | Litman Gregory Masters | PairCorr |
0.69 | VBIRX | Vanguard Short Term | PairCorr |
0.69 | VFSUX | Vanguard Short Term | PairCorr |
0.71 | VFSIX | Vanguard Short Term | PairCorr |
0.69 | VFSTX | Vanguard Short Term | PairCorr |
0.69 | VBITX | Vanguard Short Term | PairCorr |
0.69 | VBISX | Vanguard Short Term | PairCorr |
0.93 | LALDX | Lord Abbett Short | PairCorr |
0.69 | VSCSX | Vanguard Short Term | PairCorr |
0.86 | LDLAX | Lord Abbett Short | PairCorr |
0.96 | LDLRX | Lord Abbett Short | PairCorr |
0.66 | NHS | Neuberger Berman High | PairCorr |
0.89 | NCMFX | Virtus Multi Sector | PairCorr |
0.97 | MBOYX | Madison E Bond | PairCorr |
0.79 | NBHEX | Neuberger Berman Equity | PairCorr |
0.77 | PACEX | T Rowe Price | PairCorr |
0.83 | DBLGX | Doubleline Global Bond | PairCorr |
0.78 | PEBIX | Emerging Markets Bond | PairCorr |
0.77 | DRIRX | Dimensional 2020 Target | PairCorr |
0.97 | ETSIX | Eaton Vance Short | PairCorr |
0.67 | FPTKX | Fidelity Freedom 2015 | PairCorr |
0.98 | SAMFX | Ridgeworth Seix Total | PairCorr |
0.63 | REEAX | Rbc Emerging Markets | PairCorr |
0.71 | AIDYX | Diversified Municipal | PairCorr |
0.97 | JMKIX | Emerging Markets Debt | PairCorr |
0.81 | VGPMX | Vanguard Global Capital | PairCorr |
0.71 | HBLSX | Hartford Balanced | PairCorr |
0.9 | MWERX | Metwest Esg Securitized | PairCorr |
Moving against IDMIX Mutual Fund
Related Correlations Analysis
0.47 | 0.4 | 0.61 | 0.73 | 0.45 | 0.56 | CREMX | ||
0.47 | 0.96 | 0.79 | 0.32 | 0.85 | 0.98 | REINX | ||
0.4 | 0.96 | 0.7 | 0.14 | 0.83 | 0.95 | RRSCX | ||
0.61 | 0.79 | 0.7 | 0.61 | 0.88 | 0.8 | XPGZX | ||
0.73 | 0.32 | 0.14 | 0.61 | 0.33 | 0.4 | NMMRF | ||
0.45 | 0.85 | 0.83 | 0.88 | 0.33 | 0.85 | VGSIX | ||
0.56 | 0.98 | 0.95 | 0.8 | 0.4 | 0.85 | CREFX | ||
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Risk-Adjusted Indicators
There is a big difference between IDMIX Mutual Fund performing well and Im Dolan 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 Im Dolan'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
CREMX | 0.02 | 0.02 | 0.00 | 12.36 | 0.00 | 0.08 | 0.08 | |||
REINX | 0.89 | 0.01 | 0.00 | (0.06) | 0.00 | 1.61 | 4.62 | |||
RRSCX | 0.74 | 0.00 | 0.00 | (0.07) | 0.00 | 1.56 | 4.16 | |||
XPGZX | 0.35 | (0.03) | 0.00 | 0.67 | 0.00 | 0.71 | 1.76 | |||
NMMRF | 0.07 | 0.03 | 0.00 | 0.38 | 0.00 | 0.00 | 2.35 | |||
VGSIX | 0.90 | (0.06) | 0.00 | 0.13 | 0.00 | 1.73 | 4.57 | |||
CREFX | 0.89 | 0.02 | 0.00 | (0.03) | 0.00 | 1.59 | 4.82 |