Infrastructure Fund Correlations
IFAIX Fund | USD 23.94 0.06 0.25% |
The current 90-days correlation between Infrastructure Fund and Ab Select Longshort is -0.11 (i.e., Good diversification). The correlation of Infrastructure Fund 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.
Infrastructure Fund Correlation With Market
Poor diversification
The correlation between Infrastructure Fund Institutio and DJI is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Infrastructure Fund Institutio and DJI in the same portfolio, assuming nothing else is changed.
Infrastructure |
Moving together with Infrastructure Mutual Fund
0.97 | SRUIX | Spectrum Fund Instit | PairCorr |
0.97 | QNTAX | Quantex Fund Adviser | PairCorr |
0.97 | QNTIX | Quantex Fund Institu | PairCorr |
0.98 | BLNAX | Balanced Fund Adviser | PairCorr |
0.97 | FLCGX | Quantex Fund Retail | PairCorr |
0.99 | FLDOX | Dividend Opportunities | PairCorr |
0.95 | FLDGX | Dynamic Growth | PairCorr |
0.96 | FLDFX | Balanced Fund Retail | PairCorr |
0.95 | FLFGX | Global Opportunities | PairCorr |
0.98 | FLMIX | Muirfield Fund Insti | PairCorr |
0.96 | FLMFX | Muirfield Fund Retail | PairCorr |
1.0 | FLRUX | Infrastructure Fund | PairCorr |
0.98 | FLSPX | Spectrum Fund Retail | PairCorr |
0.99 | DVOIX | Dividend Opportunities | PairCorr |
0.97 | GBPIX | Global Opportunities | PairCorr |
1.0 | FASIX | Fidelity Asset Manager | PairCorr |
1.0 | FTIWX | Fidelity Asset Manager | PairCorr |
0.98 | FTDWX | Fidelity Asset Manager | PairCorr |
0.98 | FTAWX | Fidelity Asset Manager | PairCorr |
1.0 | FIKVX | Fidelity Asset Manager | PairCorr |
1.0 | FTCWX | Fidelity Asset Manager | PairCorr |
0.99 | VASIX | Vanguard Lifestrategy | PairCorr |
1.0 | PFIPX | Strategic Asset Mana | PairCorr |
0.94 | CPAYX | Columbia Pacific/asia | PairCorr |
0.96 | CASAX | Columbia Pacificasia | PairCorr |
0.91 | CCCZX | Center St Brookfield | PairCorr |
0.98 | CASCX | Columbia Pacificasia | PairCorr |
0.94 | MGHRX | Morgan Stanley Insti | PairCorr |
0.94 | MSEQX | Growth Portfolio Class | PairCorr |
0.94 | MSHLX | Growth Portfolio Class | PairCorr |
0.98 | NADMX | Nationwide Investor | PairCorr |
0.9 | GLOIX | Gamco Global Opportunity | PairCorr |
0.95 | MMIUX | Massmutual Select | PairCorr |
0.95 | ODICX | Oppenheimer Discovery | PairCorr |
0.9 | VWIGX | Vanguard International | PairCorr |
0.97 | FASCX | Franklin K2 Alternative | PairCorr |
0.95 | ADVKX | Vaughan Nelson Emerging | PairCorr |
0.98 | MKDVX | Blackrock Equity Dividend | PairCorr |
0.97 | ETO | Eaton Vance Tax | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Infrastructure Mutual Fund performing well and Infrastructure Fund 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 Infrastructure Fund'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ASCLX | 0.24 | 0.12 | (0.36) | (1.18) | 0.00 | 0.62 | 1.71 | |||
PRMDX | 0.06 | 0.01 | 0.00 | 1.12 | 0.00 | 0.20 | 0.39 | |||
BDMKX | 0.09 | 0.05 | (1.58) | (3.74) | 0.00 | 0.22 | 0.44 | |||
BPIRX | 0.35 | 0.03 | (0.21) | 0.30 | 0.00 | 0.82 | 2.37 | |||
FSHAX | 0.05 | 0.01 | 0.00 | 7.80 | 0.00 | 0.10 | 0.41 | |||
CWFIX | 0.08 | 0.02 | (1.76) | 0.49 | 0.00 | 0.21 | 0.43 | |||
OHSHX | 0.12 | 0.05 | (1.12) | (0.98) | 0.00 | 0.36 | 0.98 |