Lgm Risk Correlations

LBETX Fund

USD 11.20 0.01 0.09%

The current 90-days correlation between Lgm Risk Managed and Calvert Developed Market is -0.16 (i.e., Good diversification). The correlation of Lgm Risk 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.

Lgm Risk Correlation With Market

Good diversification

The correlation between Lgm Risk Managed and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lgm Risk Managed and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lgm Risk Managed. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Lgm Mutual Fund

0.7	PGLSX	Global Multi Strategy	Pair Corr
0.72	BA	Boeing	Pair Corr
0.61	HPQ	HP Inc	Pair Corr
0.77	BAC	Bank of America	Pair Corr
0.83	AXP	American Express	Pair Corr
0.86	JPM	JPMorgan Chase	Pair Corr

Moving against Lgm Mutual Fund

0.44	TRV	The Travelers Companies	Pair Corr
0.4	MRK	Merck Company	Pair Corr
0.4	VZ	Verizon Communications	Pair Corr
0.33	JNJ	Johnson Johnson	Pair Corr

Related Correlations Analysis

	CDHIX	IGIEX	PACEX	TEOJX	XJMMX	PWEAX	FWOKX
CDHIX		0.9	0.91	0.91	0.8	0.9	0.99	CDHIX
IGIEX	0.9		0.93	0.81	0.94	0.79	0.87	IGIEX
PACEX	0.91	0.93		0.87	0.91	0.79	0.87	PACEX
TEOJX	0.91	0.81	0.87		0.69	0.97	0.88	TEOJX
XJMMX	0.8	0.94	0.91	0.69		0.65	0.76	XJMMX
PWEAX	0.9	0.79	0.79	0.97	0.65		0.89	PWEAX
FWOKX	0.99	0.87	0.87	0.88	0.76	0.89		FWOKX
	CDHIX	IGIEX	PACEX	TEOJX	XJMMX	PWEAX	FWOKX

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Risk-Adjusted Indicators

There is a big difference between Lgm Mutual Fund performing well and Lgm Risk 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 Lgm Risk'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
CDHIX	0.68	0.11	0.13	0.11	0.83	(0.72)	1.44	(1.51)	4.90
IGIEX	0.25	0.01	0.16	0.02	0.30	(0.32)	0.72	(0.49)	1.58
PACEX	0.12	0.02	0.47	0.48	0.00	(0.20)	0.33	(0.22)	0.76
TEOJX	0.78	0.10	0.14	0.19	0.92	(0.85)	1.54	(1.53)	5.83
XJMMX	0.19	0.00	0.18	(0.25)	0.22	(0.26)	0.46	(0.46)	0.92
PWEAX	0.72	0.06	0.11	0.09	0.85	(0.84)	1.55	(1.59)	5.83
FWOKX	0.74	0.11	0.12	0.10	1.02	(0.75)	1.38	(1.45)	6.10

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