Metropolitan West Correlations
| MWFEX Fund | USD 38.33 0.00 0.00% |
The correlation of Metropolitan West 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.
Metropolitan |
Moving together with Metropolitan Mutual Fund
Moving against Metropolitan Mutual Fund
Related Correlations Analysis
| 0.66 | 0.8 | 0.85 | 0.92 | 0.88 | 0.64 | EMSLX | ||
| 0.66 | 0.91 | 0.78 | 0.71 | 0.75 | 0.88 | FTFZX | ||
| 0.8 | 0.91 | 0.9 | 0.83 | 0.84 | 0.81 | SEDAX | ||
| 0.85 | 0.78 | 0.9 | 0.88 | 0.91 | 0.84 | DBELX | ||
| 0.92 | 0.71 | 0.83 | 0.88 | 0.97 | 0.74 | PIEFX | ||
| 0.88 | 0.75 | 0.84 | 0.91 | 0.97 | 0.8 | REMVX | ||
| 0.64 | 0.88 | 0.81 | 0.84 | 0.74 | 0.8 | MDBSX | ||
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Risk-Adjusted Indicators
There is a big difference between Metropolitan Mutual Fund performing well and Metropolitan West 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 Metropolitan West'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EMSLX | 0.67 | (0.01) | 0.00 | (0.18) | 0.00 | 1.25 | 4.42 | |||
| FTFZX | 0.08 | 0.01 | 0.55 | (0.27) | 0.00 | 0.29 | 0.68 | |||
| SEDAX | 0.26 | 0.04 | 0.37 | 3.21 | 0.17 | 0.60 | 1.56 | |||
| DBELX | 0.32 | 0.00 | 0.24 | (2.32) | 0.32 | 0.60 | 1.78 | |||
| PIEFX | 0.80 | 0.02 | 0.09 | 0.11 | 1.11 | 1.49 | 4.52 | |||
| REMVX | 0.69 | 0.04 | 0.14 | 1.75 | 0.82 | 1.47 | 3.39 | |||
| MDBSX | 0.23 | 0.03 | 0.42 | (0.42) | 0.09 | 0.75 | 1.38 |