Dws Equity Correlations
| SNPTX Fund | 17.99 0.01 0.06% |
The current 90-days correlation between Dws Equity Sector and Ab Bond Inflation is 0.14 (i.e., Average diversification). The correlation of Dws Equity 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.
Dws Equity Correlation With Market
Poor diversification
The correlation between Dws Equity Sector and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dws Equity Sector and DJI in the same portfolio, assuming nothing else is changed.
Dws |
Moving together with Dws Mutual Fund
| 0.63 | KTCCX | Deutsche Science And | PairCorr |
| 0.76 | KTCAX | Deutsche Science And | PairCorr |
| 0.82 | KTCIX | Deutsche Science And | PairCorr |
| 0.76 | KTCSX | Deutsche Science And | PairCorr |
| 0.71 | SSDZX | Deutsche Small Cap | PairCorr |
| 0.71 | SSDAX | Deutsche Small Cap | PairCorr |
| 0.71 | SSDCX | Deutsche Small Cap | PairCorr |
| 0.71 | SSDIX | Deutsche Small Cap | PairCorr |
| 0.71 | SSDSX | Deutsche Small Cap | PairCorr |
| 0.93 | SSLCX | Deutsche Small Cap | PairCorr |
| 0.79 | SCDGX | Deutsche E Equity | PairCorr |
| 0.9 | SCGSX | Deutsche Capital Growth | PairCorr |
| 0.85 | SCQGX | Deutsche Large Cap | PairCorr |
| 0.82 | SCPIX | Deutsche Sp 500 | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Dws Mutual Fund performing well and Dws Equity 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 Dws Equity'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ABNTX | 0.16 | 0.02 | 0.40 | 1.57 | 0.00 | 0.30 | 0.99 | |||
| LIFAX | 0.11 | 0.02 | 0.55 | 1.02 | 0.00 | 0.26 | 0.94 | |||
| SLFYX | 0.19 | 0.06 | 0.55 | 2.45 | 0.00 | 0.50 | 1.02 | |||
| QCILIX | 0.15 | 0.02 | 0.45 | (0.47) | 0.08 | 0.32 | 0.94 | |||
| TIIHX | 0.16 | 0.02 | 0.42 | 1.11 | 0.04 | 0.37 | 1.04 | |||
| APISX | 0.11 | 0.02 | 0.59 | 3.22 | 0.00 | 0.19 | 0.67 | |||
| ABNOX | 0.16 | 0.02 | 0.42 | 1.06 | 0.00 | 0.39 | 0.89 | |||
| FLIBX | 0.22 | 0.03 | 0.31 | 0.57 | 0.17 | 0.44 | 1.43 |