Ab Fixed-income Correlations
| MYMXX Fund | 1.00 0.00 0.00% |
The correlation of Ab Fixed-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.
MYMXX |
Related Correlations Analysis
| 0.91 | 0.92 | 0.96 | 0.97 | 0.92 | 0.89 | ARSMX | ||
| 0.91 | 0.97 | 0.94 | 0.93 | 0.91 | 0.98 | UMPSX | ||
| 0.92 | 0.97 | 0.93 | 0.94 | 0.89 | 0.96 | QRSVX | ||
| 0.96 | 0.94 | 0.93 | 0.96 | 0.96 | 0.93 | MAVKX | ||
| 0.97 | 0.93 | 0.94 | 0.96 | 0.93 | 0.9 | LRSOX | ||
| 0.92 | 0.91 | 0.89 | 0.96 | 0.93 | 0.9 | AVCNX | ||
| 0.89 | 0.98 | 0.96 | 0.93 | 0.9 | 0.9 | MLPSX | ||
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Risk-Adjusted Indicators
There is a big difference between MYMXX Money Market Fund performing well and Ab Fixed-income Money Market 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 Ab Fixed-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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARSMX | 0.76 | (0.08) | 0.00 | (0.18) | 0.00 | 1.48 | 13.69 | |||
| UMPSX | 1.36 | (0.02) | 0.00 | (0.04) | 0.00 | 3.22 | 15.98 | |||
| QRSVX | 0.79 | (0.04) | 0.00 | (0.33) | 0.00 | 1.51 | 10.13 | |||
| MAVKX | 0.89 | (0.04) | 0.00 | (0.15) | 0.00 | 1.74 | 12.49 | |||
| LRSOX | 0.96 | (0.08) | 0.00 | (0.10) | 0.00 | 1.81 | 14.97 | |||
| AVCNX | 0.89 | (0.04) | 0.00 | (0.13) | 0.00 | 2.02 | 12.00 | |||
| MLPSX | 0.69 | 0.01 | 0.01 | 0.04 | 0.95 | 1.62 | 8.46 |