Lsv Global Correlations

LVAFX Fund

USD 10.75 0.04 0.37%

The current 90-days correlation between Lsv Global Managed and Lsv Global Value is 0.87 (i.e., Very 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 0.07 (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.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lsv Global 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 census.

Moving together with Lsv Mutual Fund

1.0	LSVFX	Lsv Global Managed	Pair Corr
0.76	LSVGX	Lsv Global Value	Pair Corr
0.92	LSVMX	Lsv Managed Volatility	Pair Corr
0.9	LSVZX	Lsv Emerging Markets	Pair Corr
0.75	LVAGX	Lsv Global Value	Pair Corr
0.92	LVAMX	Lsv Managed Volatility	Pair Corr
0.89	LVAZX	Lsv Emerging Markets	Pair Corr
0.98	TEDRX	Franklin Mutual Global	Pair Corr
0.98	FMDRX	Franklin Mutual Global	Pair Corr
0.95	DOXWX	Dodge Cox Global	Pair Corr
0.77	DODWX	Dodge Global Stock	Pair Corr
0.8	TRZRX	T Rowe Price	Pair Corr
0.97	TEDIX	Franklin Mutual Global	Pair Corr
0.98	MDISX	Franklin Mutual Global	Pair Corr
0.98	TEDSX	Franklin Mutual Global	Pair Corr
0.79	PRAFX	T Rowe Price	Pair Corr
0.94	BEGRX	Franklin Mutual Beacon	Pair Corr
0.89	PFN	Pimco Income Strategy	Pair Corr
0.78	XPPRX	Voya Prime Rate	Pair Corr
0.89	PCF	Putnam High Income	Pair Corr
0.91	ABNDX	Bond Fund	Pair Corr
0.89	HSXCX	Hartford Schroders	Pair Corr
0.74	FAIJX	Faijx	Pair Corr
0.76	IEMGX	Voya Multi Manager	Pair Corr
0.79	FMSCX	Fidelity Advisor Mortgage	Pair Corr
0.91	CCWIX	Chautauqua International	Pair Corr

Moving against Lsv Mutual Fund

0.49

LSVQX

Lsv Small Cap

Pair Corr

Related Correlations Analysis

	LVAGX	CCGSX	CGVVX	AGLOX	ARTZX
LVAGX		0.9	0.87	0.9	0.88	LVAGX
CCGSX	0.9		0.84	0.82	0.82	CCGSX
CGVVX	0.87	0.84		0.98	0.94	CGVVX
AGLOX	0.9	0.82	0.98		0.94	AGLOX
ARTZX	0.88	0.82	0.94	0.94		ARTZX
	LVAGX	CCGSX	CGVVX	AGLOX	ARTZX

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
LVAGX	0.62	0.05	0.15	1.24	0.72	(0.64)	1.42	(1.07)	3.42
CCGSX	0.79	0.00	0.06	(0.11)	1.15	(0.73)	1.47	(1.54)	6.04
CGVVX	0.67	0.10	0.19	1.13	0.72	(0.76)	1.73	(1.30)	4.41
AGLOX	0.63	0.12	0.23	1.07	0.62	(0.72)	1.31	(1.29)	3.80
ARTZX	0.75	0.09	0.16	2.18	0.91	(0.82)	1.38	(1.46)	5.85

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC