Ladenburg Income Correlations
LNOIX Fund | USD 13.69 0.02 0.15% |
The current 90-days correlation between Ladenburg Income Growth and Needham Aggressive Growth is 0.21 (i.e., Modest diversification). The correlation of Ladenburg Income 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.
Ladenburg Income Correlation With Market
Poor diversification
The correlation between Ladenburg Income Growth and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ladenburg Income Growth and DJI in the same portfolio, assuming nothing else is changed.
Ladenburg |
Moving together with Ladenburg Mutual Fund
0.8 | LGWAX | Ladenburg Growth | PairCorr |
0.85 | LGWCX | Ladenburg Growth | PairCorr |
0.84 | LGWIX | Ladenburg Growth | PairCorr |
0.93 | LNOCX | Ladenburg Income Growth | PairCorr |
1.0 | LNOAX | Ladenburg Income Growth | PairCorr |
0.88 | LOWAX | Ladenburg Growth Income | PairCorr |
0.93 | LOWIX | Ladenburg Growth Income | PairCorr |
0.82 | LAWAX | Ladenburg Aggressive | PairCorr |
0.78 | VWINX | Vanguard Wellesley Income | PairCorr |
0.79 | VWIAX | Vanguard Wellesley Income | PairCorr |
0.83 | BKMIX | Blackrock Multi Asset | PairCorr |
0.8 | HBLTX | Hartford Balanced | PairCorr |
0.77 | HBLRX | Hartford Balanced | PairCorr |
0.89 | HBLSX | Hartford Balanced | PairCorr |
0.8 | HBLVX | Hartford Balanced | PairCorr |
0.79 | HBLYX | Hartford Balanced | PairCorr |
0.76 | HBLCX | Hartford Balanced | PairCorr |
0.79 | HBLIX | Hartford Balanced | PairCorr |
0.73 | MLPNX | Oppenheimer Steelpath Mlp | PairCorr |
0.75 | OSPPX | Oppenheimer Steelpath Mlp | PairCorr |
0.73 | SPMPX | Invesco Steelpath Mlp | PairCorr |
0.73 | MLPLX | Oppenheimer Steelpath Mlp | PairCorr |
0.65 | LSHUX | Horizon Spin Off | PairCorr |
0.62 | LSHEX | Kinetics Spin Off | PairCorr |
0.73 | SPMJX | Invesco Steelpath Mlp | PairCorr |
0.65 | LSHAX | Horizon Spin Off | PairCorr |
0.62 | LSHCX | Horizon Spin Off | PairCorr |
0.62 | WWNPX | Kinetics Paradigm | PairCorr |
0.71 | VFIAX | Vanguard 500 Index | PairCorr |
0.71 | VFINX | Vanguard 500 Index | PairCorr |
0.65 | CLM | Cornerstone Strategic | PairCorr |
0.92 | MNEVX | Mainstay Conservative Etf | PairCorr |
0.86 | RYRCX | Retailing Fund Class | PairCorr |
0.75 | WMT | Walmart Aggressive Push | PairCorr |
0.63 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
Moving against Ladenburg Mutual Fund
0.55 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
0.49 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
0.36 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
Related Correlations Analysis
0.8 | 0.79 | 0.78 | 0.86 | 0.75 | NEAIX | ||
0.8 | 0.91 | 0.99 | 0.92 | 0.83 | FRAAX | ||
0.79 | 0.91 | 0.93 | 0.93 | 0.97 | TEGAX | ||
0.78 | 0.99 | 0.93 | 0.92 | 0.87 | RGWCX | ||
0.86 | 0.92 | 0.93 | 0.92 | 0.89 | ARTSX | ||
0.75 | 0.83 | 0.97 | 0.87 | 0.89 | MSSGX | ||
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Risk-Adjusted Indicators
There is a big difference between Ladenburg Mutual Fund performing well and Ladenburg Income 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 Ladenburg Income'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
NEAIX | 1.04 | 0.13 | 0.03 | 0.61 | 0.97 | 2.19 | 6.71 | |||
FRAAX | 0.71 | 0.07 | 0.05 | 0.20 | 0.82 | 1.67 | 5.06 | |||
TEGAX | 0.76 | 0.29 | 0.24 | 1.62 | 0.31 | 1.98 | 4.78 | |||
RGWCX | 0.74 | 0.11 | 0.07 | 0.26 | 0.82 | 1.84 | 5.55 | |||
ARTSX | 0.90 | 0.22 | 0.10 | 0.99 | 0.86 | 2.03 | 5.78 | |||
MSSGX | 1.40 | 0.61 | 0.34 | 7.96 | 0.92 | 3.46 | 7.23 |