Edward Jones Correlations
JRSXX Fund | USD 1.00 0.00 0.00% |
The correlation of Edward Jones 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.
Edward |
Related Correlations Analysis
0.68 | 0.91 | 0.86 | 0.83 | 0.88 | AGTFX | ||
0.68 | 0.73 | 0.66 | 0.54 | 0.7 | FHAIX | ||
0.91 | 0.73 | 0.85 | 0.79 | 0.91 | PARCX | ||
0.86 | 0.66 | 0.85 | 0.96 | 0.95 | APDFX | ||
0.83 | 0.54 | 0.79 | 0.96 | 0.91 | SGYAX | ||
0.88 | 0.7 | 0.91 | 0.95 | 0.91 | PHDTX | ||
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Edward Money Market Fund performing well and Edward Jones 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 Edward Jones' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
AGTFX | 0.51 | (0.02) | (0.09) | 0.10 | 0.61 | 1.15 | 3.87 | |||
FHAIX | 0.10 | 0.00 | 0.00 | 0.20 | 0.00 | 0.57 | 1.14 | |||
PARCX | 0.32 | 0.00 | (0.16) | 0.12 | 0.31 | 0.66 | 2.10 | |||
APDFX | 0.10 | 0.02 | (0.70) | 0.54 | 0.00 | 0.22 | 0.77 | |||
SGYAX | 0.12 | 0.01 | (0.63) | 0.40 | 0.00 | 0.28 | 1.12 | |||
PHDTX | 0.09 | 0.02 | (0.65) | 0.51 | 0.00 | 0.22 | 0.56 |