Retailing Fund Correlations
| RYRIX Fund | USD 55.11 0.48 0.88% |
The current 90-days correlation between Retailing Fund Investor and Leisure Fund Investor is 0.24 (i.e., Modest diversification). The correlation of Retailing Fund 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.
Retailing Fund Correlation With Market
Very weak diversification
The correlation between Retailing Fund Investor and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Retailing Fund Investor and DJI in the same portfolio, assuming nothing else is changed.
Retailing |
Moving together with Retailing Mutual Fund
| 0.7 | CCK | Crown Holdings | PairCorr |
| 0.62 | KRT | Karat Packaging | PairCorr |
| 0.78 | MYE | Myers Industries Earnings Call Tomorrow | PairCorr |
Moving against Retailing Mutual Fund
Related Correlations Analysis
| 0.69 | 0.68 | 0.79 | 0.58 | RYLIX | ||
| 0.69 | 0.71 | 0.95 | 0.83 | RYKIX | ||
| 0.68 | 0.71 | 0.65 | 0.44 | RYTIX | ||
| 0.79 | 0.95 | 0.65 | 0.86 | RYFIX | ||
| 0.58 | 0.83 | 0.44 | 0.86 | RYHIX | ||
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Risk-Adjusted Indicators
There is a big difference between Retailing Mutual Fund performing well and Retailing Fund 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 Retailing Fund'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RYLIX | 0.65 | 0.00 | 0.00 | (0.03) | 0.00 | 1.18 | 4.14 | |||
| RYKIX | 0.83 | (0.04) | 0.00 | (0.08) | 0.00 | 1.28 | 5.64 | |||
| RYTIX | 1.23 | (0.11) | 0.00 | (0.18) | 0.00 | 1.99 | 6.85 | |||
| RYFIX | 0.66 | 0.00 | 0.00 | (0.03) | 0.00 | 1.30 | 4.27 | |||
| RYHIX | 0.64 | (0.01) | 0.00 | (0.05) | 0.00 | 1.21 | 3.28 |