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
| 0.97 | 0.98 | 0.95 | 0.97 | 0.54 | GITSX | ||
| 0.97 | 0.99 | 0.95 | 0.99 | 0.6 | JAGTX | ||
| 0.98 | 0.99 | 0.97 | 0.99 | 0.58 | RYTAX | ||
| 0.95 | 0.95 | 0.97 | 0.96 | 0.5 | TEFQX | ||
| 0.97 | 0.99 | 0.99 | 0.96 | 0.6 | NWHTX | ||
| 0.54 | 0.6 | 0.58 | 0.5 | 0.6 | ICTEX | ||
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GITSX | 0.80 | 0.19 | 0.12 | 0.36 | 0.82 | 2.53 | 5.42 | |||
| JAGTX | 0.83 | 0.09 | 0.06 | 0.23 | 1.02 | 2.05 | 5.87 | |||
| RYTAX | 0.87 | 0.11 | 0.09 | 0.23 | 0.97 | 2.20 | 5.37 | |||
| TEFQX | 1.11 | 0.11 | 0.09 | 0.21 | 1.23 | 2.88 | 6.95 | |||
| NWHTX | 0.88 | 0.08 | 0.06 | 0.22 | 1.12 | 2.38 | 6.38 | |||
| ICTEX | 0.82 | (0.10) | (0.09) | 0.01 | 1.28 | 1.31 | 7.14 |