Transamerica Funds Correlations
| IMLXX Fund | USD 1.00 0.00 0.00% |
The correlation of Transamerica Funds 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.
Transamerica |
Related Correlations Analysis
| 0.94 | 0.96 | 0.96 | 0.97 | PRVBX | ||
| 0.94 | 0.97 | 0.98 | 0.96 | FLQTVX | ||
| 0.96 | 0.97 | 0.97 | 0.95 | MBSAX | ||
| 0.96 | 0.98 | 0.97 | 0.99 | DLTNX | ||
| 0.97 | 0.96 | 0.95 | 0.99 | CBOEX | ||
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Risk-Adjusted Indicators
There is a big difference between Transamerica Money Market Fund performing well and Transamerica Funds 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 Transamerica Funds' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PRVBX | 0.10 | 0.01 | 0.68 | 0.24 | 0.00 | 0.23 | 0.53 | |||
| FLQTVX | 0.12 | 0.00 | 0.44 | 0.05 | 0.11 | 0.24 | 0.77 | |||
| MBSAX | 0.18 | 0.02 | 0.29 | 0.16 | 0.19 | 0.36 | 1.34 | |||
| DLTNX | 0.22 | 0.03 | 0.32 | 0.78 | 0.13 | 0.57 | 1.40 | |||
| CBOEX | 0.17 | 0.02 | 0.39 | 0.64 | 0.07 | 0.33 | 0.98 |