Amg Southernsun Correlations
| SSEFX Fund | USD 12.01 0.03 0.25% |
The current 90-days correlation between Amg Southernsun Equity and Amg Southernsun Small is 0.01 (i.e., Significant diversification). The correlation of Amg Southernsun 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.
Amg Southernsun Correlation With Market
Good diversification
The correlation between Amg Southernsun Equity and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amg Southernsun Equity and DJI in the same portfolio, assuming nothing else is changed.
Amg |
Moving together with Amg Mutual Fund
| 1.0 | SSEIX | Amg Southernsun Equity | PairCorr |
| 0.91 | SSSFX | Amg Southernsun Small | PairCorr |
| 0.91 | SSSIX | Amg Southernsun Small | PairCorr |
| 0.72 | BRWIX | Amg Managers Brandywine | PairCorr |
| 0.76 | GWEIX | Amg Gwk Small | PairCorr |
| 0.76 | GWETX | Amg Gwk Small | PairCorr |
| 0.76 | GWEZX | Amg Gwk Small | PairCorr |
| 0.77 | GWGIX | Amg Gwk Smallmid | PairCorr |
| 0.77 | GWGVX | Amg Gwk Smallmid | PairCorr |
| 0.77 | GWGZX | Amg Gwk Smallmid | PairCorr |
| 0.72 | ARIMX | Amg River Road | PairCorr |
| 0.87 | ARSMX | Amg River Road | PairCorr |
| 0.72 | ARSIX | Amg River Road | PairCorr |
| 0.72 | ARSZX | Amg River Road | PairCorr |
| 0.87 | ARSVX | Amg River Road | PairCorr |
| 0.71 | ARZMX | Amg River Road | PairCorr |
| 0.74 | MRLIX | Amg Renaissance Large | PairCorr |
| 0.74 | MRLSX | Amg Renaissance Large | PairCorr |
| 0.75 | MRLTX | Amg Renaissance Large | PairCorr |
| 0.77 | ACWDX | Astoncrosswind Small Cap | PairCorr |
| 0.64 | TMDIX | Amg Timessquare Mid | PairCorr |
| 0.77 | ACWZX | Aamg Funds Iv | PairCorr |
Moving against Amg Mutual Fund
Related Correlations Analysis
| 0.91 | -0.65 | 0.85 | 0.86 | SSSFX | ||
| 0.91 | -0.54 | 0.77 | 0.76 | SSEIX | ||
| -0.65 | -0.54 | -0.66 | -0.76 | CAMIX | ||
| 0.85 | 0.77 | -0.66 | 0.98 | ACWDX | ||
| 0.86 | 0.76 | -0.76 | 0.98 | HDPSX | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Amg Mutual Fund performing well and Amg Southernsun 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 Amg Southernsun'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SSSFX | 1.16 | (0.38) | 0.00 | (0.44) | 0.00 | 1.67 | 15.47 | |||
| SSEIX | 1.08 | (0.39) | 0.00 | 1.02 | 0.00 | 1.45 | 14.16 | |||
| CAMIX | 0.58 | 0.10 | 0.15 | (0.74) | 0.76 | 1.29 | 3.32 | |||
| ACWDX | 0.92 | (0.11) | 0.00 | (0.15) | 0.00 | 1.63 | 5.29 | |||
| HDPSX | 1.15 | (0.14) | 0.00 | (0.16) | 0.00 | 1.63 | 5.39 |