Ivy Apollo Correlations
IMAYX Fund | USD 9.02 0.00 0.00% |
The correlation of Ivy Apollo 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.
Ivy |
Related Correlations Analysis
0.99 | 0.9 | 1.0 | 0.99 | 0.99 | 0.99 | MRHYX | ||
0.99 | 0.9 | 0.99 | 0.98 | 0.97 | 0.98 | MFHVX | ||
0.9 | 0.9 | 0.9 | 0.91 | 0.9 | 0.9 | SGYAX | ||
1.0 | 0.99 | 0.9 | 0.98 | 0.98 | 0.99 | GHVIX | ||
0.99 | 0.98 | 0.91 | 0.98 | 0.99 | 1.0 | AGDZX | ||
0.99 | 0.97 | 0.9 | 0.98 | 0.99 | 0.99 | PBHAX | ||
0.99 | 0.98 | 0.9 | 0.99 | 1.0 | 0.99 | TAHFX | ||
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Risk-Adjusted Indicators
There is a big difference between Ivy Mutual Fund performing well and Ivy Apollo 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 Ivy Apollo'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
MRHYX | 0.12 | 0.03 | (1.19) | 0.45 | 0.00 | 0.24 | 1.08 | |||
MFHVX | 0.15 | 0.02 | (0.86) | 0.36 | 0.00 | 0.25 | 1.50 | |||
SGYAX | 0.14 | 0.05 | (1.18) | 3.35 | 0.00 | 0.44 | 0.99 | |||
GHVIX | 0.15 | 0.02 | (0.90) | 0.36 | 0.00 | 0.29 | 1.35 | |||
AGDZX | 0.14 | 0.03 | (0.81) | 0.43 | 0.00 | 0.44 | 1.02 | |||
PBHAX | 0.14 | 0.03 | (0.79) | 0.56 | 0.00 | 0.43 | 1.04 | |||
TAHFX | 0.14 | 0.04 | (1.06) | 0.56 | 0.00 | 0.37 | 1.00 |