Artisan Small Correlations

APDSX Fund

USD 37.54 1.10 3.02%

The current 90-days correlation between Artisan Small Cap and Eventide Healthcare Life is 0.49 (i.e., Very weak diversification). The correlation of Artisan Small 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.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artisan Small Cap. 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 main economic indicators.

Moving together with Artisan Mutual Fund

0.76	APDGX	Artisan Global Value	Pair Corr
0.65	APDIX	Artisan International	Pair Corr
0.74	ARTSX	Artisan Small Cap	Pair Corr
0.76	ARTRX	Artisan Global Oppor	Pair Corr
0.93	ARTMX	Artisan Mid Cap	Pair Corr
0.65	ARTIX	Artisan International	Pair Corr
0.74	ARTFX	Artisan High Income	Pair Corr
0.74	ARTZX	Artisan Emerging Markets	Pair Corr
0.64	VSGAX	Vanguard Small Cap	Pair Corr
0.86	VSGIX	Vanguard Small Cap	Pair Corr
0.64	VISGX	Vanguard Small Cap	Pair Corr
0.64	VEXPX	Vanguard Explorer	Pair Corr
0.64	VEXRX	Vanguard Explorer	Pair Corr
0.7	SMPSX	Semiconductor Ultrasector	Pair Corr
0.69	SMPIX	Semiconductor Ultrasector	Pair Corr
0.76	VFINX	Vanguard 500 Index	Pair Corr
0.65	DFEMX	Emerging Markets Por	Pair Corr
0.75	JLCFX	Fundamental Large Cap	Pair Corr

Moving against Artisan Mutual Fund

0.54	MLPNX	Oppenheimer Steelpath Mlp	Pair Corr
0.54	SPMJX	Invesco Steelpath Mlp	Pair Corr
0.5	OSPPX	Oppenheimer Steelpath Mlp	Pair Corr
0.5	SPMPX	Invesco Steelpath Mlp	Pair Corr
0.5	MLPLX	Oppenheimer Steelpath Mlp	Pair Corr

Related Correlations Analysis

	ETAHX	SWHFX	BHCHX	GTHIX	VGHCX	GTHCX	AHSCX
ETAHX		0.9	0.96	0.96	0.93	0.95	0.98	ETAHX
SWHFX	0.9		0.97	0.94	0.97	0.96	0.93	SWHFX
BHCHX	0.96	0.97		0.98	0.96	0.99	0.96	BHCHX
GTHIX	0.96	0.94	0.98		0.97	0.98	0.95	GTHIX
VGHCX	0.93	0.97	0.96	0.97		0.95	0.96	VGHCX
GTHCX	0.95	0.96	0.99	0.98	0.95		0.94	GTHCX
AHSCX	0.98	0.93	0.96	0.95	0.96	0.94		AHSCX
	ETAHX	SWHFX	BHCHX	GTHIX	VGHCX	GTHCX	AHSCX

Risk-Adjusted Indicators

There is a big difference between Artisan Mutual Fund performing well and Artisan Small 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 Artisan Small'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
ETAHX	1.03	0.41	0.33	(1.71)	0.69	(1.18)	3.04	(1.92)	5.64
SWHFX	0.56	0.15	0.19	0.26	0.44	(0.64)	1.98	(1.18)	4.82
BHCHX	0.60	0.25	0.29	0.47	0.33	(0.65)	1.84	(1.20)	3.45
GTHIX	0.51	0.17	0.20	(4.07)	0.46	(0.57)	1.27	(1.15)	2.73
VGHCX	0.62	0.23	0.26	(2.80)	0.37	(0.69)	1.95	(1.18)	4.82
GTHCX	0.52	0.16	0.20	0.30	0.44	(0.60)	1.30	(1.16)	2.76
AHSCX	0.68	0.23	0.22	(2.11)	0.58	(0.75)	1.85	(1.43)	3.70

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

Artisan Small Correlations

Moving together with Artisan Mutual Fund

Moving against Artisan Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY