Nt International Correlations

ANTMX Fund

USD 12.12 0.07 0.58%

The current 90-days correlation between Nt International Small and Gmo Global Developed is 0.09 (i.e., Significant diversification). The correlation of Nt International 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.

Nt International Correlation With Market

Poor diversification

The correlation between Nt International Small Mid and DJI is 0.68 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nt International Small Mid and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nt International Small Mid. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in industry.

Moving together with ANTMX Mutual Fund

0.71	TWGAX	International Growth	Pair Corr
0.71	TWGGX	Global Growth	Pair Corr
0.86	TWIEX	International Growth	Pair Corr
0.75	TWHIX	Heritage Fund Investor	Pair Corr
0.66	TWSCX	Strategic Allocation	Pair Corr
0.74	TWSAX	Strategic Allocation	Pair Corr
0.69	TWSMX	Strategic Allocation	Pair Corr

Related Correlations Analysis

	GWOAX	DHGAX	CABIX	TRGLX	PRSAX	DBIWX	DBLGX	GMADX
GWOAX		0.7	0.8	0.76	0.65	0.82	0.35	0.91	GWOAX
DHGAX	0.7		0.9	0.81	0.84	0.89	0.54	0.75	DHGAX
CABIX	0.8	0.9		0.94	0.87	0.93	0.49	0.87	CABIX
TRGLX	0.76	0.81	0.94		0.85	0.87	0.33	0.8	TRGLX
PRSAX	0.65	0.84	0.87	0.85		0.85	0.22	0.68	PRSAX
DBIWX	0.82	0.89	0.93	0.87	0.85		0.42	0.79	DBIWX
DBLGX	0.35	0.54	0.49	0.33	0.22	0.42		0.45	DBLGX
GMADX	0.91	0.75	0.87	0.8	0.68	0.79	0.45		GMADX
	GWOAX	DHGAX	CABIX	TRGLX	PRSAX	DBIWX	DBLGX	GMADX

Risk-Adjusted Indicators

There is a big difference between ANTMX Mutual Fund performing well and Nt International 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 Nt International'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
GWOAX	0.57	0.08	0.02	0.93	0.65	(0.61)	1.22	(1.12)	3.52
DHGAX	0.12	0.01	(0.43)	0.17	0.00	(0.14)	0.25	(0.20)	0.73
CABIX	0.35	0.03	(0.02)	0.15	0.32	(0.37)	0.71	(0.71)	2.00
TRGLX	0.77	0.06	0.05	0.13	1.01	(0.79)	1.47	(2.06)	4.61
PRSAX	0.07	0.01	(0.61)	0.24	0.00	(0.14)	0.10	(0.10)	0.69
DBIWX	0.30	0.05	(0.04)	0.43	0.22	(0.34)	0.71	(0.62)	1.61
DBLGX	0.19	0.01	(0.20)	0.30	0.13	(0.25)	0.34	(0.45)	1.25
GMADX	0.55	0.04	0.04	0.12	0.63	(0.59)	1.35	(1.08)	3.57

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC

Nt International Correlations

Nt International Correlation With Market

Poor diversification

Moving together with ANTMX Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY