Vy T Correlations
ITRIX Fund | USD 26.35 0.11 0.42% |
The current 90-days correlation between Vy T Rowe and Enhanced Fixed Income is -0.02 (i.e., Good diversification). The correlation of Vy T 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.
Vy T Correlation With Market
Good diversification
The correlation between Vy T Rowe and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vy T Rowe and DJI in the same portfolio, assuming nothing else is changed.
ITRIX |
Moving together with ITRIX Mutual Fund
0.99 | FBONX | American Funds American | PairCorr |
0.99 | FBAFX | American Funds American | PairCorr |
0.88 | ABALX | American Balanced | PairCorr |
0.89 | BALCX | American Balanced | PairCorr |
0.99 | BALFX | American Balanced | PairCorr |
0.89 | RLBCX | American Balanced | PairCorr |
0.99 | RLBBX | American Balanced | PairCorr |
0.89 | CLBAX | American Balanced | PairCorr |
0.99 | CLBEX | American Balanced | PairCorr |
0.99 | RLBFX | American Balanced | PairCorr |
0.99 | FTYPX | Fidelity Freedom Index | PairCorr |
0.99 | FFBTX | Fidelity Freedom Blend | PairCorr |
0.82 | GAAVX | Gmo Alternative Allo | PairCorr |
0.81 | GCAVX | Gmo Small Cap | PairCorr |
0.97 | GQLOX | Gmo Quality Fund | PairCorr |
0.99 | GMCQX | Gmo Equity Allocation | PairCorr |
Moving against ITRIX Mutual Fund
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between ITRIX Mutual Fund performing well and Vy T 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 Vy T'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
AAEZX | 0.22 | 0.02 | (0.43) | 0.33 | 0.00 | 0.61 | 1.83 | |||
ARTFX | 0.14 | 0.07 | (1.01) | (2.67) | 0.00 | 0.56 | 0.90 | |||
TPYYX | 0.65 | 0.06 | (0.01) | 0.32 | 0.37 | 1.93 | 3.81 | |||
FMFXX | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | |||
GHVIX | 0.16 | 0.08 | (0.75) | (1.73) | 0.00 | 0.36 | 1.35 | |||
PRVBX | 0.09 | 0.02 | (1.45) | (10.83) | 0.00 | 0.20 | 0.63 | |||
AXBIX | 0.11 | 0.01 | (1.44) | 0.69 | 0.00 | 0.29 | 0.86 | |||
SGYAX | 0.16 | 0.05 | (1.03) | 0.56 | 0.00 | 0.59 | 0.99 |