Ep Emerging Correlations

EPASX Fund

USD 9.87 0.08 0.80%

The current 90-days correlation between Ep Emerging Markets and Fidelity Series Government is 0.09 (i.e., Significant diversification). The correlation of Ep Emerging 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.

Ep Emerging Correlation With Market

Average diversification

The correlation between Ep Emerging Markets and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ep Emerging Markets and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ep Emerging Markets. 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 state.

Moving together with EPASX Mutual Fund

0.96	VEMAX	Vanguard Emerging Markets	Pair Corr
0.96	VEIEX	Vanguard Emerging Markets	Pair Corr
0.96	VEMIX	Vanguard Emerging Markets	Pair Corr
0.96	VEMRX	Vanguard Emerging Markets	Pair Corr
0.94	FWWNX	American Funds New	Pair Corr
0.94	FNFWX	American Funds New	Pair Corr
0.94	NEWFX	New World Fund	Pair Corr
0.94	NWFFX	New World Fund	Pair Corr
0.93	NEWCX	New World Fund	Pair Corr
0.92	ODVYX	Oppenheimer Developing	Pair Corr
0.75	WRHIX	Ivy High Income	Pair Corr
0.74	WHIAX	Ivy High Income	Pair Corr
0.71	IHIFX	Ivy High Income	Pair Corr
0.74	IVHIX	Ivy High Income	Pair Corr
0.79	RIV	Rivernorth Opportunities	Pair Corr
0.66	HD	Home Depot	Pair Corr
0.64	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.86	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr

Moving against EPASX Mutual Fund

0.6	CIOCX	Columbia Porate Income	Pair Corr
0.33	PG	Procter Gamble	Pair Corr

Related Correlations Analysis

	FHNFX	UIGSX	TWACX	AMUSX	DACGX	SMAAX	FISAX
FHNFX		0.99	0.91	0.99	0.99	0.86	0.39	FHNFX
UIGSX	0.99		0.92	1.0	0.99	0.89	0.41	UIGSX
TWACX	0.91	0.92		0.93	0.92	0.84	0.67	TWACX
AMUSX	0.99	1.0	0.93		0.99	0.88	0.39	AMUSX
DACGX	0.99	0.99	0.92	0.99		0.89	0.42	DACGX
SMAAX	0.86	0.89	0.84	0.88	0.89		0.48	SMAAX
FISAX	0.39	0.41	0.67	0.39	0.42	0.48		FISAX
	FHNFX	UIGSX	TWACX	AMUSX	DACGX	SMAAX	FISAX

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Risk-Adjusted Indicators

There is a big difference between EPASX Mutual Fund performing well and Ep Emerging 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 Ep Emerging'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	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FHNFX	0.23	(0.02)	0.00	0.31	0.00	0.44	(0.54)	1.63
UIGSX	0.17	(0.02)	0.00	0.49	0.00	0.34	(0.45)	1.12
TWACX	0.08	(0.01)	0.00	0.50	0.00	0.11	(0.11)	0.78
AMUSX	0.21	(0.03)	0.00	0.58	0.00	0.41	(0.42)	1.48
DACGX	0.19	(0.02)	0.00	0.46	0.00	0.39	(0.48)	1.03
SMAAX	0.12	0.00	0.00	0.19	0.00	0.20	(0.30)	0.99
FISAX	0.07	0.00	(0.70)	0.08	(0.18)	0.13	(0.13)	0.80

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