North Square Correlations
| NMKBX Fund | USD 8.87 0.04 0.45% |
The correlation of North Square 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.
North Square Correlation With Market
Modest diversification
The correlation between North Square Mckee and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding North Square Mckee and DJI in the same portfolio, assuming nothing else is changed.
North |
Moving together with North Mutual Fund
| 0.88 | NSIVX | North Square Investments | PairCorr |
| 0.75 | ADVNX | Advisory Research | PairCorr |
| 0.75 | ADVAX | Api Efficient Frontier | PairCorr |
| 0.72 | PORYX | Oak Ridge Multi | PairCorr |
| 0.71 | NKMCX | North Square Kennedy | PairCorr |
| 1.0 | NMKYX | North Square Mckee | PairCorr |
| 0.82 | ORDNX | Oak Ridge Dividend | PairCorr |
| 0.71 | ORILX | Oak Ridge Multi | PairCorr |
| 0.91 | VBTLX | Vanguard Total Bond | PairCorr |
| 0.89 | VBMFX | Vanguard Total Bond | PairCorr |
| 0.99 | VBTIX | Vanguard Total Bond | PairCorr |
| 0.91 | VTBSX | Vanguard Total Bond | PairCorr |
| 0.99 | VTBIX | Vanguard Total Bond | PairCorr |
| 0.99 | VTBNX | Vanguard Total Bond | PairCorr |
| 0.98 | FBOFX | American Funds | PairCorr |
| 0.98 | FFBOX | American Funds | PairCorr |
| 0.98 | BFAFX | Bond Fund | PairCorr |
| 0.99 | ABNDX | Bond Fund | PairCorr |
| 0.71 | VTISX | Vanguard Total Inter | PairCorr |
| 0.71 | VTSNX | Vanguard Total Inter | PairCorr |
| 0.72 | VTPSX | Vanguard Total Inter | PairCorr |
| 0.72 | CRNSX | Catholic Responsible | PairCorr |
| 0.68 | EIEMX | Parametric Emerging | PairCorr |
| 0.61 | TGVAX | Thornburg International | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | PCEXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | RPGXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | HTYXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | BMMIX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | EMDQX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | TERXX | ||
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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 North Mutual Fund performing well and North Square 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 North Square'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PCEXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RPGXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HTYXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BMMIX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EMDQX | 0.31 | 0.01 | 0.07 | 0.11 | 0.29 | 0.67 | 1.79 | |||
| TERXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |