Westwood Largecap Correlations
| WWLAX Fund | USD 13.64 0.02 0.15% |
The correlation of Westwood Largecap 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.
Westwood |
Moving together with Westwood Mutual Fund
| 0.71 | WSDAX | Westwood Short Duration | PairCorr |
| 0.88 | WWICX | Westwood Income Oppo | PairCorr |
| 0.93 | WWIAX | Westwood Income Oppo | PairCorr |
| 0.8 | WWMCX | Ultimus Managers Trust | PairCorr |
| 0.78 | WWSMX | Westwood Quality Smidcap | PairCorr |
| 0.71 | WWSYX | Westwood Quality Smallcap | PairCorr |
| 0.76 | WHGSX | Westwood Smallcap Value | PairCorr |
| 0.75 | WHGCX | Westwood Quality Smallcap | PairCorr |
| 0.74 | WHGAX | Westwood Quality Smallcap | PairCorr |
| 0.78 | WHGMX | Westwood Smidcap | PairCorr |
| 0.94 | WHGLX | Westwood Largecap Value | PairCorr |
| 0.86 | WHGIX | Westwood Income Oppo | PairCorr |
| 0.72 | WHGHX | Westwood Short Duration | PairCorr |
| 0.94 | WQAIX | Westwood Quality Allcap | PairCorr |
| 0.96 | WQAUX | Westwood Quality Allcap | PairCorr |
| 0.82 | VVIAX | Vanguard Value Index | PairCorr |
| 0.69 | DOXGX | Dodge Cox Stock | PairCorr |
| 0.75 | AFMFX | American Mutual | PairCorr |
| 0.75 | FFMMX | American Funds American | PairCorr |
| 0.75 | FFFMX | American Funds American | PairCorr |
| 0.75 | AMRMX | American Mutual | PairCorr |
| 0.64 | AMFFX | American Mutual | PairCorr |
| 0.77 | AMFCX | American Mutual | PairCorr |
| 0.72 | DODGX | Dodge Stock Fund | PairCorr |
| 0.82 | VIVAX | Vanguard Value Index | PairCorr |
| 0.78 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.78 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.82 | VITSX | Vanguard Total Stock | PairCorr |
| 0.78 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.78 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.77 | VINIX | Vanguard Institutional | PairCorr |
| 0.78 | VTSAX | Vanguard Total Stock | PairCorr |
Moving against Westwood Mutual Fund
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Westwood Mutual Fund performing well and Westwood Largecap 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 Westwood Largecap'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WHYUX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WSCIX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WSDAX | 0.24 | 0.01 | 0.02 | 0.32 | 0.25 | 0.60 | 1.61 | |||
| WSGCX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WTOCX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WLVIX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WMLPX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WMNUX | 0.07 | 0.03 | 0.22 | 0.59 | 0.00 | 0.21 | 0.31 | |||
| WMNAX | 0.06 | 0.03 | 0.00 | 0.73 | 0.00 | 0.10 | 0.31 |