Amg Southernsun Correlations

SSSIX Fund

USD 23.14 0.57 2.53%

The current 90-days correlation between Amg Southernsun Small and Virtus High Yield is 0.24 (i.e., Modest 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

Weak diversification

The correlation between Amg Southernsun Small and DJI is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amg Southernsun Small and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Amg Southernsun Small. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Amg Mutual Fund

0.91	SSEIX	Amg Southernsun Equity	Pair Corr
0.91	SSEFX	Amg Southernsun Equity	Pair Corr
1.0	SSSFX	Amg Southernsun Small	Pair Corr
0.8	BRWIX	Amg Managers Brandywine	Pair Corr
0.84	GWEIX	Amg Gwk Small	Pair Corr
0.84	GWETX	Amg Gwk Small	Pair Corr
0.84	GWEZX	Amg Gwk Small	Pair Corr
0.86	GWGIX	Amg Gwk Smallmid	Pair Corr
0.86	GWGVX	Amg Gwk Smallmid	Pair Corr
0.86	GWGZX	Amg Gwk Smallmid	Pair Corr
0.66	CHTTX	Amg Managers Fairpointe	Pair Corr
0.83	ARIMX	Amg River Road	Pair Corr
0.87	ARSMX	Amg River Road	Pair Corr
0.83	ARSIX	Amg River Road	Pair Corr
0.83	ARSZX	Amg River Road	Pair Corr
0.89	ARSVX	Amg River Road	Pair Corr
0.83	ARZMX	Amg River Road	Pair Corr
0.65	ABIZX	Amg Managers Fairpointe	Pair Corr
0.66	ABMIX	Amg Managers Fairpointe	Pair Corr
0.82	MRLIX	Amg Renaissance Large	Pair Corr
0.82	MRLSX	Amg Renaissance Large	Pair Corr
0.82	MRLTX	Amg Renaissance Large	Pair Corr
0.86	ACWDX	Astoncrosswind Small Cap	Pair Corr
0.69	TMDIX	Amg Timessquare Mid	Pair Corr
0.86	ACWZX	Aamg Funds Iv	Pair Corr

Moving against Amg Mutual Fund

0.67

MMCFX

Amg Managers Emerging

Pair Corr

Related Correlations Analysis

	VRHYX	ARCIX	JCTFX	AGDZX	TAHFX	PBHAX	MWHIX
VRHYX		0.75	0.93	0.94	0.97	0.96	0.89	VRHYX
ARCIX	0.75		0.63	0.73	0.71	0.8	0.69	ARCIX
JCTFX	0.93	0.63		0.93	0.89	0.92	0.93	JCTFX
AGDZX	0.94	0.73	0.93		0.91	0.95	0.97	AGDZX
TAHFX	0.97	0.71	0.89	0.91		0.92	0.83	TAHFX
PBHAX	0.96	0.8	0.92	0.95	0.92		0.93	PBHAX
MWHIX	0.89	0.69	0.93	0.97	0.83	0.93		MWHIX
	VRHYX	ARCIX	JCTFX	AGDZX	TAHFX	PBHAX	MWHIX

Click cells to compare fundamentals

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Backtest Portfolio

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
VRHYX	0.16	0.01	0.12	0.02	0.14	(0.32)	0.26	(0.26)	1.30
ARCIX	0.54	0.12	0.19	(1.90)	0.51	(0.60)	1.22	(1.02)	4.94
JCTFX	0.24	(0.01)	0.06	(0.17)	0.34	(0.31)	0.43	(0.56)	2.30
AGDZX	0.14	0.00	0.17	(0.09)	0.09	(0.24)	0.43	(0.28)	1.01
TAHFX	0.16	0.00	0.11	(0.08)	0.19	(0.21)	0.49	(0.25)	1.24
PBHAX	0.16	0.02	0.20	0.20	0.00	(0.29)	0.41	(0.21)	1.26
MWHIX	0.12	0.00	0.20	(0.04)	0.06	(0.21)	0.54	(0.22)	0.87

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