Lsv Global Correlations
| LSVFX Fund | USD 10.49 0.01 0.1% |
The current 90-days correlation between Lsv Global Managed and Lsv Global Value is 0.66 (i.e., Poor diversification). The correlation of Lsv Global 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.
Lsv Global Correlation With Market
Significant diversification
The correlation between Lsv Global Managed and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lsv Global Managed and DJI in the same portfolio, assuming nothing else is changed.
Lsv |
Moving together with Lsv Mutual Fund
| 0.83 | LSVGX | Lsv Global Value | PairCorr |
| 0.97 | LSVEX | Lsv Value Equity | PairCorr |
| 1.0 | LSVMX | Lsv Managed Volatility | PairCorr |
| 0.94 | LSVQX | Lsv Small Cap | PairCorr |
| 0.99 | LSVVX | Lsv Servative Value | PairCorr |
| 0.97 | LVAEX | Lsv Value Equity | PairCorr |
| 1.0 | LVAFX | Lsv Global Managed | PairCorr |
| 0.83 | LVAGX | Lsv Global Value | PairCorr |
| 1.0 | LVAMX | Lsv Managed Volatility | PairCorr |
| 0.78 | LVAQX | Lsv Small Cap | PairCorr |
| 0.99 | LVAVX | Lsv Servative Value | PairCorr |
| 0.86 | TEDRX | Franklin Mutual Global | PairCorr |
| 0.93 | FMDRX | Franklin Mutual Global | PairCorr |
| 0.92 | DOXWX | Dodge Cox Global | PairCorr |
| 0.81 | DODWX | Dodge Global Stock | PairCorr |
| 0.67 | TRZRX | T Rowe Price | PairCorr |
| 0.85 | TEDIX | Franklin Mutual Global | PairCorr |
| 0.93 | MDISX | Franklin Mutual Global | PairCorr |
| 0.85 | TEDSX | Franklin Mutual Global | PairCorr |
| 0.69 | PRAFX | T Rowe Price | PairCorr |
| 0.87 | BEGRX | Franklin Mutual Beacon | PairCorr |
| 0.68 | SRINX | Columbia Porate Income | PairCorr |
| 0.67 | WRHIX | Ivy High Income | PairCorr |
| 0.64 | WHIAX | Ivy High Income | PairCorr |
| 0.65 | IHIFX | Ivy High Income | PairCorr |
| 0.65 | IVHIX | Ivy High Income | PairCorr |
Moving against Lsv Mutual Fund
| 0.66 | NUSFX | Northern Ultra Short | PairCorr |
| 0.61 | OIBYX | Oppenheimer International | PairCorr |
| 0.43 | WUSMX | Ultra Short Term | PairCorr |
| 0.43 | ATMAX | Pimco Unconstrained Tax | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Lsv Mutual Fund performing well and Lsv Global 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 Lsv Global'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LSVFX | 0.62 | (0.16) | 0.00 | (1.29) | 0.00 | 0.87 | 11.74 | |||
| LSVGX | 0.56 | (0.03) | 0.00 | (0.06) | 0.00 | 1.01 | 3.39 | |||
| LSVEX | 0.65 | (0.11) | 0.00 | (0.27) | 0.00 | 1.19 | 7.08 | |||
| LSVMX | 0.69 | (0.17) | 0.00 | (1.21) | 0.00 | 0.87 | 13.25 | |||
| LSVQX | 0.73 | (0.11) | 0.00 | (0.18) | 0.00 | 1.47 | 5.45 | |||
| LSVVX | 0.71 | (0.17) | 0.00 | (0.62) | 0.00 | 1.12 | 11.66 | |||
| LSVZX | 0.54 | (0.01) | 0.00 | (0.03) | 0.00 | 1.05 | 3.08 | |||
| LVAEX | 0.66 | (0.11) | 0.00 | (0.27) | 0.00 | 1.16 | 7.11 | |||
| LVAFX | 0.62 | (0.16) | 0.00 | (1.15) | 0.00 | 0.87 | 11.73 | |||
| LVAGX | 0.55 | (0.03) | 0.00 | (0.06) | 0.00 | 0.97 | 3.37 |