Longleaf Partners Correlations
The correlation of Longleaf Partners 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.
Longleaf |
Moving together with Longleaf Mutual Fund
| 0.62 | LLINX | Longleaf Partners | PairCorr |
| 0.75 | BNUEX | Ubs International Potential Growth | PairCorr |
| 0.69 | PCGLX | Pace International Fixed | PairCorr |
| 0.8 | MVGNX | Mfs Low Volatility | PairCorr |
| 0.69 | DFLYX | Dreyfus Floating Rate | PairCorr |
| 0.68 | STRAX | Stralem Equity | PairCorr |
| 0.72 | ACP | Aberdeen Income Credit | PairCorr |
| 0.67 | WLCVFX | Wlcvfx | PairCorr |
Related Correlations Analysis
| 0.96 | 0.98 | 1.0 | 0.48 | 1.0 | 0.99 | AGGWX | ||
| 0.96 | 0.94 | 0.97 | 0.36 | 0.95 | 0.97 | XGGNX | ||
| 0.98 | 0.94 | 0.98 | 0.5 | 0.98 | 0.97 | FGDIX | ||
| 1.0 | 0.97 | 0.98 | 0.48 | 1.0 | 0.99 | GLDAX | ||
| 0.48 | 0.36 | 0.5 | 0.48 | 0.51 | 0.42 | GCEBX | ||
| 1.0 | 0.95 | 0.98 | 1.0 | 0.51 | 0.98 | FEGOX | ||
| 0.99 | 0.97 | 0.97 | 0.99 | 0.42 | 0.98 | SGDLX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Longleaf Mutual Fund performing well and Longleaf Partners 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 Longleaf Partners' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AGGWX | 1.24 | 0.37 | 0.22 | (1.97) | 1.33 | 2.70 | 7.23 | |||
| XGGNX | 0.59 | 0.14 | 0.15 | (2.99) | 0.67 | 1.44 | 3.21 | |||
| FGDIX | 1.19 | 0.41 | 0.28 | 0.89 | 1.05 | 3.15 | 6.82 | |||
| GLDAX | 1.11 | 0.32 | 0.21 | (1.98) | 1.14 | 2.83 | 6.45 | |||
| GCEBX | 0.70 | 0.06 | 0.05 | 0.21 | 1.00 | 1.49 | 4.21 | |||
| FEGOX | 1.11 | 0.32 | 0.20 | (1.60) | 1.19 | 2.28 | 6.31 | |||
| SGDLX | 1.24 | 0.27 | 0.16 | (2.42) | 1.37 | 3.01 | 7.21 |