Guggenheim Rbp Correlations
| TVVCX Fund | USD 10.97 0.00 0.00% |
The correlation of Guggenheim Rbp 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.
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Related Correlations Analysis
| 0.69 | 0.67 | 0.6 | 0.81 | TEFQX | ||
| 0.69 | 0.91 | 0.92 | 0.97 | RINCX | ||
| 0.67 | 0.91 | 0.93 | 0.91 | CONIX | ||
| 0.6 | 0.92 | 0.93 | 0.89 | JAGTX | ||
| 0.81 | 0.97 | 0.91 | 0.89 | DTEYX | ||
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Risk-Adjusted Indicators
There is a big difference between Guggenheim Mutual Fund performing well and Guggenheim Rbp 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 Guggenheim Rbp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TEFQX | 1.72 | 0.01 | 0.01 | 0.01 | 2.58 | 3.08 | 10.40 | |||
| RINCX | 1.48 | (0.17) | 0.00 | (0.12) | 0.00 | 2.79 | 8.21 | |||
| CONIX | 0.63 | (0.07) | 0.00 | 15.30 | 0.00 | 1.19 | 3.08 | |||
| JAGTX | 1.20 | (0.12) | 0.00 | 0.45 | 0.00 | 2.00 | 6.40 | |||
| DTEYX | 1.40 | (0.11) | 0.00 | (0.08) | 0.00 | 2.50 | 7.35 |