Aqr Large Correlations
| QUERX Fund | USD 20.78 0.07 0.34% |
The current 90-days correlation between Aqr Large Cap and Seix Govt Sec is 0.05 (i.e., Significant diversification). The correlation of Aqr Large 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.
Aqr Large Correlation With Market
Very weak diversification
The correlation between Aqr Large Cap and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aqr Large Cap and DJI in the same portfolio, assuming nothing else is changed.
Aqr |
Moving together with Aqr Mutual Fund
| 0.63 | AMONX | Aqr Large Cap | PairCorr |
| 0.67 | AMOMX | Aqr Large Cap | PairCorr |
| 0.68 | QMORX | Aqr Large Cap | PairCorr |
| 0.79 | AQGRX | Aqr Global Equity | PairCorr |
| 0.8 | AQGNX | Aqr Global Equity | PairCorr |
| 0.79 | AQGIX | Aqr Global Equity | PairCorr |
| 0.71 | ASMOX | Aqr Small Cap | PairCorr |
| 0.71 | ASMNX | Aqr Small Cap | PairCorr |
| 1.0 | AUEIX | Aqr Large Cap | PairCorr |
| 1.0 | AUENX | Aqr Large Cap | PairCorr |
| 0.7 | QSERX | Aqr Small Cap | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Aqr Mutual Fund performing well and Aqr Large 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 Aqr Large'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SIGZX | 0.06 | 0.01 | 0.79 | (1.80) | 0.00 | 0.10 | 0.61 | |||
| TAAQX | 0.09 | 0.01 | 0.68 | (0.43) | 0.00 | 0.21 | 0.62 | |||
| CDICX | 0.09 | 0.01 | 0.69 | 0.49 | 0.00 | 0.26 | 0.58 | |||
| BBSCX | 0.07 | 0.01 | 0.56 | 0.40 | 0.00 | 0.24 | 0.48 | |||
| AOUNX | 0.05 | 0.01 | 0.00 | (0.57) | 0.00 | 0.10 | 0.52 | |||
| BDMKX | 0.07 | 0.02 | 0.69 | (4.61) | 0.00 | 0.11 | 0.44 | |||
| CMGUX | 0.04 | 0.01 | 0.00 | (0.63) | 0.00 | 0.11 | 0.54 |