Tcw Relative Correlations
| TGVOX Fund | USD 27.38 0.15 0.54% |
The correlation of Tcw Relative 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.
Tcw |
Moving together with Tcw Mutual Fund
| 0.72 | TGDIX | Tcw Relative Value | PairCorr |
| 0.88 | TGDVX | Tcw Relative Value | PairCorr |
| 0.87 | TGCNX | Tcw Select Equities | PairCorr |
| 1.0 | TGVNX | Tcw Relative Value | PairCorr |
| 0.66 | FLPKX | Fidelity Low Priced | PairCorr |
| 0.66 | FLPSX | Fidelity Low Priced | PairCorr |
| 0.64 | VMVIX | Vanguard Mid Cap | PairCorr |
| 0.76 | JMVZX | Jpmorgan Mid Cap | PairCorr |
| 0.76 | JMVRX | Jpmorgan Mid Cap | PairCorr |
| 0.76 | JMVQX | Jpmorgan Mid Cap | PairCorr |
| 0.76 | JMVYX | Jpmorgan Mid Cap | PairCorr |
Moving against Tcw Mutual Fund
| 0.58 | TGCFX | Tcw E Fixed | PairCorr |
| 0.57 | TGMNX | Tcw Total Return | PairCorr |
| 0.57 | TGLMX | Tcw Total Return | PairCorr |
| 0.55 | TGLSX | Tcw Total Return | PairCorr |
| 0.54 | TGCPX | Tcw Core Fixed | PairCorr |
| 0.51 | TGFNX | Tcw E Fixed | PairCorr |
| 0.51 | TGGFX | Tcw Global Bond | PairCorr |
| 0.48 | TGGBX | Tcw Global Bond | PairCorr |
| 0.31 | TGEIX | Tcw Emerging Markets | PairCorr |
| 0.31 | TGEPX | Tcw Funds | PairCorr |
| 0.42 | TGWNX | Tcw Emerging Markets | PairCorr |
| 0.41 | TGWIX | Tcw Emerging Markets | PairCorr |
Related Correlations Analysis
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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 Tcw Mutual Fund performing well and Tcw Relative 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 Tcw Relative'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TGABX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TGDFX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TGDIX | 0.84 | (0.03) | 0.00 | (0.10) | 0.00 | 1.41 | 7.29 | |||
| TGDVX | 0.83 | (0.09) | 0.00 | (1.72) | 0.00 | 1.43 | 7.14 | |||
| TGCEX | 1.36 | (0.37) | 0.00 | (10.58) | 0.00 | 1.84 | 15.62 | |||
| TGCNX | 1.44 | (0.34) | 0.00 | (0.35) | 0.00 | 1.80 | 18.87 | |||
| TGCFX | 0.26 | 0.05 | 0.36 | 0.73 | 0.15 | 0.63 | 1.60 | |||
| TGCPX | 0.26 | 0.05 | 0.36 | 1.01 | 0.13 | 0.63 | 1.59 | |||
| TGFNX | 0.27 | 0.02 | 0.26 | 0.64 | 0.25 | 0.64 | 1.60 |