Aim Investment Correlations

OMBXX Fund

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The current 90-days correlation between Aim Investment Secs and Gmo High Yield is 0.11 (i.e., Average diversification). The correlation of Aim Investment 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.

Aim Investment Correlation With Market

Good diversification

The correlation between Aim Investment Secs and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aim Investment Secs and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aim Investment Secs. Also, note that the market value of any money market fund could be closely tied with the direction of predictive economic indicators such as signals in interest.

Moving together with Aim Money Market Fund

0.72	VGTSX	Vanguard Total Inter	Pair Corr
0.72	VTIAX	Vanguard Total Inter	Pair Corr
0.83	KO	Coca Cola	Pair Corr
0.67	VZ	Verizon Communications Sell-off Trend	Pair Corr
0.88	T	ATT Inc	Pair Corr
0.73	MMM	3M Company	Pair Corr
0.7	MCD	McDonalds	Pair Corr
0.81	CSCO	Cisco Systems	Pair Corr

Moving against Aim Money Market Fund

0.68	SMPIX	Semiconductor Ultrasector Steady Growth	Pair Corr
0.45	SMPSX	Semiconductor Ultrasector Steady Growth	Pair Corr
0.81	MRK	Merck Company Sell-off Trend	Pair Corr
0.81	MSFT	Microsoft	Pair Corr
0.71	CAT	Caterpillar	Pair Corr
0.42	HPQ	HP Inc	Pair Corr
0.33	HD	Home Depot	Pair Corr

Related Correlations Analysis

	GHVIX	PBHAX	SGYAX	TUHIX	BGHSX	AHYMX	RIMOX	NHIEX
GHVIX		0.95	0.92	0.93	0.95	0.89	0.92	0.96	GHVIX
PBHAX	0.95		0.95	0.97	0.98	0.88	0.96	0.97	PBHAX
SGYAX	0.92	0.95		0.95	0.95	0.84	0.92	0.92	SGYAX
TUHIX	0.93	0.97	0.95		0.99	0.81	0.92	0.97	TUHIX
BGHSX	0.95	0.98	0.95	0.99		0.83	0.94	0.97	BGHSX
AHYMX	0.89	0.88	0.84	0.81	0.83		0.8	0.88	AHYMX
RIMOX	0.92	0.96	0.92	0.92	0.94	0.8		0.89	RIMOX
NHIEX	0.96	0.97	0.92	0.97	0.97	0.88	0.89		NHIEX
	GHVIX	PBHAX	SGYAX	TUHIX	BGHSX	AHYMX	RIMOX	NHIEX

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Risk-Adjusted Indicators

There is a big difference between Aim Money Market Fund performing well and Aim Investment 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 Aim Investment'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
GHVIX	0.15	(0.01)	0.45	0.23	0.19	(0.17)	0.24	(0.35)	1.01
PBHAX	0.15	0.00	0.41	0.00	0.12	(0.32)	0.41	(0.21)	1.05
SGYAX	0.16	0.01	0.44	0.01	0.13	(0.28)	0.56	(0.28)	1.57
TUHIX	0.14	(0.01)	0.42	0.24	0.17	(0.20)	0.36	(0.24)	1.09
BGHSX	0.15	(0.01)	0.45	0.10	0.17	(0.18)	0.48	(0.29)	0.89
AHYMX	0.13	0.00	0.47	(0.09)	0.14	(0.18)	0.22	(0.33)	0.76
RIMOX	0.06	0.01	1.07	(1.36)	0.00	(0.08)	0.15	(0.10)	0.36
NHIEX	0.15	(0.01)	0.39	0.21	0.18	(0.24)	0.53	(0.26)	1.07

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