Ladenburg Growth Correlations
LOWAX Fund | USD 15.79 0.07 0.45% |
The current 90-days correlation between Ladenburg Growth Income and Advent Claymore Convertible is 0.3 (i.e., Weak diversification). The correlation of Ladenburg Growth 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 Growth Correlation With Market
Significant diversification
The correlation between Ladenburg Growth Income and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ladenburg Growth Income and DJI in the same portfolio, assuming nothing else is changed.
Ladenburg |
Moving together with Ladenburg Mutual Fund
0.98 | LGWAX | Ladenburg Growth | PairCorr |
0.95 | LGWCX | Ladenburg Growth | PairCorr |
0.95 | LGWIX | Ladenburg Growth | PairCorr |
0.91 | LNOCX | Ladenburg Income Growth | PairCorr |
0.88 | LNOAX | Ladenburg Income Growth | PairCorr |
0.88 | LNOIX | Ladenburg Income Growth | PairCorr |
0.96 | LOWIX | Ladenburg Growth Income | PairCorr |
0.94 | LAWCX | Ladenburg Aggressive | PairCorr |
0.94 | LAWAX | Ladenburg Aggressive | PairCorr |
0.91 | FBONX | American Funds American | PairCorr |
0.92 | FBAFX | American Funds American | PairCorr |
0.88 | ABALX | American Balanced | PairCorr |
0.91 | BALCX | American Balanced | PairCorr |
0.88 | BALFX | American Balanced | PairCorr |
0.91 | RLBCX | American Balanced | PairCorr |
0.88 | RLBBX | American Balanced | PairCorr |
0.91 | CLBAX | American Balanced | PairCorr |
0.88 | CLBEX | American Balanced | PairCorr |
0.91 | RLBFX | American Balanced | PairCorr |
0.61 | SMPIX | Semiconductor Ultrasector Steady Growth | PairCorr |
0.75 | RSNYX | Victory Global Natural | PairCorr |
0.76 | RSNRX | Victory Global Natural | PairCorr |
0.74 | RGNCX | Victory Global Natural | PairCorr |
0.84 | LSHUX | Horizon Spin Off | PairCorr |
0.82 | LSHEX | Kinetics Spin Off | PairCorr |
0.84 | LSHAX | Horizon Spin Off | PairCorr |
0.9 | RMQAX | Monthly Rebalance Steady Growth | PairCorr |
0.9 | RMQHX | Monthly Rebalance Steady Growth | PairCorr |
0.94 | VFINX | Vanguard 500 Index | PairCorr |
0.69 | RYRCX | Retailing Fund Class | PairCorr |
0.94 | VFIAX | Vanguard 500 Index | PairCorr |
0.85 | CLM | Cornerstone Strategic | PairCorr |
0.67 | MNEVX | Mainstay Conservative Etf | PairCorr |
0.93 | VISGX | Vanguard Small Cap | PairCorr |
Moving against Ladenburg Mutual Fund
0.76 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
0.68 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
0.43 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Related Correlations Analysis
0.78 | 0.8 | -0.23 | 0.58 | 0.71 | AVK | ||
0.78 | 1.0 | -0.03 | 0.94 | 0.98 | VAADX | ||
0.8 | 1.0 | -0.03 | 0.92 | 0.98 | XNCVX | ||
-0.23 | -0.03 | -0.03 | 0.13 | 0.13 | CCD | ||
0.58 | 0.94 | 0.92 | 0.13 | 0.95 | ARBOX | ||
0.71 | 0.98 | 0.98 | 0.13 | 0.95 | PBXIX | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Ladenburg Mutual Fund performing well and Ladenburg Growth 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 Growth'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
AVK | 0.63 | 0.07 | (0.03) | 0.48 | 0.72 | 1.43 | 5.25 | |||
VAADX | 0.42 | 0.18 | 0.14 | 1.86 | 0.00 | 1.09 | 2.28 | |||
XNCVX | 0.46 | 0.16 | 0.07 | 1.80 | 0.23 | 1.08 | 2.41 | |||
CCD | 0.74 | (0.02) | (0.09) | 0.09 | 0.88 | 1.88 | 4.88 | |||
ARBOX | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.26 | |||
PBXIX | 0.30 | 0.08 | (0.10) | 0.92 | 0.00 | 0.87 | 1.94 |