Artisan Global Correlations
APFPX Fund | USD 10.43 0.01 0.1% |
The correlation of Artisan Global 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.
Artisan |
Moving together with Artisan Mutual Fund
0.94 | BSIKX | Blackrock Strategic | PairCorr |
0.94 | BSICX | Blackrock Strategic Opps | PairCorr |
0.94 | BASIX | Blackrock Strategic Opps | PairCorr |
0.94 | BSIIX | Blackrock Strategic | PairCorr |
0.97 | JSORX | Jpmorgan Strategic Income | PairCorr |
0.97 | JSOZX | Jpmorgan Strategic Income | PairCorr |
0.97 | JSOCX | Jpmorgan Strategic Income | PairCorr |
0.97 | JSOSX | Jpmorgan Strategic Income | PairCorr |
0.95 | JSOAX | Jpmorgan Strategic Income | PairCorr |
0.74 | PMZCX | Pimco Mortgage Oppor | PairCorr |
0.95 | HLDIX | Hartford Emerging | PairCorr |
0.88 | HLDRX | Hartford Emerging | PairCorr |
0.95 | HLDAX | Hartford Emerging | PairCorr |
0.95 | HLDCX | Hartford Emerging | PairCorr |
0.95 | HLDTX | Hartford Emerging | PairCorr |
0.91 | RIVKX | American Funds Inter | PairCorr |
0.92 | FDEGX | Fidelity Growth Stra | PairCorr |
0.7 | IBM | International Business | PairCorr |
0.68 | CVX | Chevron Corp | PairCorr |
0.62 | JPM | JPMorgan Chase | PairCorr |
0.65 | CSCO | Cisco Systems | PairCorr |
Moving against Artisan Mutual Fund
0.67 | MCD | McDonalds | PairCorr |
0.39 | TRV | The Travelers Companies | PairCorr |
0.35 | VZ | Verizon Communications Aggressive Push | PairCorr |
Related Correlations Analysis
0.42 | 0.93 | 0.47 | 0.52 | 0.49 | SMYIX | ||
0.42 | 0.4 | 0.94 | 0.96 | 0.97 | TOIIX | ||
0.93 | 0.4 | 0.4 | 0.45 | 0.42 | QLERX | ||
0.47 | 0.94 | 0.4 | 0.95 | 0.98 | ARTNX | ||
0.52 | 0.96 | 0.45 | 0.95 | 0.98 | PASTX | ||
0.49 | 0.97 | 0.42 | 0.98 | 0.98 | GAPRX | ||
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Risk-Adjusted Indicators
There is a big difference between Artisan Mutual Fund performing well and Artisan Global 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 Global'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SMYIX | 0.54 | 0.10 | 0.07 | 0.34 | 0.00 | 1.58 | 3.63 | |||
TOIIX | 0.49 | 0.16 | 0.02 | 0.74 | 0.30 | 1.15 | 3.25 | |||
QLERX | 0.33 | 0.11 | (0.23) | (1.12) | 0.21 | 0.68 | 2.03 | |||
ARTNX | 0.50 | 0.06 | (0.05) | 0.30 | 0.22 | 1.61 | 3.74 | |||
PASTX | 0.82 | 0.28 | 0.23 | 0.68 | 0.21 | 2.16 | 6.19 | |||
GAPRX | 0.46 | 0.11 | 0.02 | 0.40 | 0.19 | 1.40 | 3.75 |