Ep Emerging Correlations
| EPEIX Fund | USD 12.33 0.10 0.82% |
The current 90-days correlation between Ep Emerging Markets and Dodge Global Stock is 0.67 (i.e., Poor 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
Very weak diversification
The correlation between Ep Emerging Markets and DJI is 0.52 (i.e., Very weak 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.
EPEIX |
Moving together with EPEIX Mutual Fund
| 0.76 | EPASX | Ep Emerging Markets | PairCorr |
| 0.66 | VGRIX | Jpmorgan Growth And | PairCorr |
| 0.63 | SEEKX | Steward Large Cap | PairCorr |
Related Correlations Analysis
| 0.69 | 0.7 | 0.76 | 0.78 | 0.67 | 0.65 | DODWX | ||
| 0.69 | 0.7 | 0.66 | 0.89 | 0.76 | 0.9 | DBIWX | ||
| 0.7 | 0.7 | 0.92 | 0.68 | 0.73 | 0.78 | HRLCX | ||
| 0.76 | 0.66 | 0.92 | 0.66 | 0.75 | 0.75 | SGMAX | ||
| 0.78 | 0.89 | 0.68 | 0.66 | 0.68 | 0.8 | CBSYX | ||
| 0.67 | 0.76 | 0.73 | 0.75 | 0.68 | 0.8 | TINCX | ||
| 0.65 | 0.9 | 0.78 | 0.75 | 0.8 | 0.8 | MGIFX | ||
Risk-Adjusted Indicators
There is a big difference between EPEIX 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 | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DODWX | 0.53 | 0.00 | (0.02) | 0.06 | 0.62 | 1.20 | 3.47 | |||
| DBIWX | 0.29 | 0.03 | (0.08) | 0.35 | 0.24 | 0.71 | 1.61 | |||
| HRLCX | 0.30 | 0.01 | (0.08) | 0.11 | 0.25 | 0.74 | 1.50 | |||
| SGMAX | 0.35 | (0.01) | (0.09) | 0.06 | 0.35 | 0.80 | 2.07 | |||
| CBSYX | 0.35 | 0.00 | (0.07) | 0.07 | 0.40 | 0.71 | 2.04 | |||
| TINCX | 0.39 | 0.06 | 0.00 | 0.69 | 0.39 | 0.72 | 2.16 | |||
| MGIFX | 0.42 | 0.04 | (0.05) | 20.26 | 0.40 | 1.10 | 2.48 |