Aew Real Correlations

NRFAX Fund

USD 12.09 0.14 1.14%

The current 90-days correlation between Aew Real Estate and Perkins Small Cap is -0.04 (i.e., Good diversification). The correlation of Aew Real 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.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Aew Real Estate. 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 nation.

Moving together with Aew Mutual Fund

0.63	LGBCX	Loomis Sayles Investment	Pair Corr
0.77	LIGCX	Loomis Sayles Intern	Pair Corr
0.77	LIGGX	Loomis Sayles Intern	Pair Corr
0.77	LIGNX	Loomis Sayles Intern	Pair Corr
0.77	LIGYX	Loomis Sayles Intern	Pair Corr
0.86	NRCFX	Aew Real Estate	Pair Corr
0.86	NRFNX	Aew Real Estate	Pair Corr
0.86	NRFYX	Aew Real Estate	Pair Corr
0.63	NSFLX	Natixis Sustainable	Pair Corr
0.64	NSFKX	Natixis Sustainable	Pair Corr
0.61	NSFJX	Natixis Sustainable	Pair Corr

Related Correlations Analysis

	JISCX	MXLSX	RSPMX	VISVX	BPSCX	ARSMX	ASVIX
JISCX		0.77	0.67	0.83	0.81	0.97	0.69	JISCX
MXLSX	0.77		0.94	0.98	0.96	0.83	0.96	MXLSX
RSPMX	0.67	0.94		0.94	0.93	0.74	0.98	RSPMX
VISVX	0.83	0.98	0.94		0.98	0.88	0.96	VISVX
BPSCX	0.81	0.96	0.93	0.98		0.84	0.94	BPSCX
ARSMX	0.97	0.83	0.74	0.88	0.84		0.75	ARSMX
ASVIX	0.69	0.96	0.98	0.96	0.94	0.75		ASVIX
	JISCX	MXLSX	RSPMX	VISVX	BPSCX	ARSMX	ASVIX

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Risk-Adjusted Indicators

There is a big difference between Aew Mutual Fund performing well and Aew Real 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 Aew Real'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
JISCX	0.84	(0.02)	(0.10)	1.51	(2.15)	5.11
MXLSX	0.81	(0.12)	(0.21)	1.37	(2.00)	3.97
RSPMX	0.87	(0.17)	(0.26)	1.31	(1.88)	5.64
VISVX	0.82	(0.09)	(0.17)	1.38	(2.05)	3.80
BPSCX	0.83	(0.08)	(0.16)	1.51	(2.10)	4.06
ARSMX	0.68	0.03	(0.03)	1.13	(1.03)	3.08
ASVIX	0.95	(0.17)	(0.21)	1.23	(2.37)	6.50

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Aew Real Correlations

Moving together with Aew Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

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