Ab Government Correlations
AEYXX Fund | USD 1.00 0.00 0.00% |
The correlation of Ab Government 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.
AEYXX |
Related Correlations Analysis
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between AEYXX Money Market Fund performing well and Ab Government Money Market 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 Ab Government'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
FHCCX | 0.70 | (0.13) | 0.00 | (0.04) | 0.00 | 1.05 | 4.04 | |||
GGHYX | 0.61 | (0.17) | 0.00 | (0.16) | 0.00 | 0.93 | 3.73 | |||
HGHYX | 0.63 | (0.21) | 0.00 | (0.20) | 0.00 | 0.88 | 3.78 | |||
RAGHX | 0.60 | (0.16) | 0.00 | (0.11) | 0.00 | 0.96 | 3.33 | |||
PHLAX | 0.66 | (0.15) | 0.00 | (0.11) | 0.00 | 1.04 | 5.07 | |||
ETAHX | 1.07 | (0.14) | (0.09) | 0.00 | 1.48 | 2.27 | 7.54 | |||
SCHLX | 0.53 | (0.16) | 0.00 | (0.17) | 0.00 | 0.89 | 3.08 | |||
LOGSX | 0.58 | (0.15) | 0.00 | (0.12) | 0.00 | 1.02 | 3.97 |