Jacob Small Correlations
JSIGX Fund | USD 24.30 0.05 0.21% |
The current 90-days correlation between Jacob Small Cap and Gmo Emerging Markets is -0.11 (i.e., Good diversification). The correlation of Jacob Small 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.
Jacob Small Correlation With Market
Poor diversification
The correlation between Jacob Small Cap and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jacob Small Cap and DJI in the same portfolio, assuming nothing else is changed.
Jacob |
Moving together with Jacob Mutual Fund
0.97 | JAMFX | Jacob Internet | PairCorr |
1.0 | JSCGX | Jacob Small Cap | PairCorr |
0.98 | JMCGX | Jacob Micro Cap Steady Growth | PairCorr |
0.98 | JMIGX | Jacob Micro Cap Steady Growth | PairCorr |
0.92 | VSGAX | Vanguard Small Cap | PairCorr |
0.94 | VSGIX | Vanguard Small Cap | PairCorr |
0.94 | VISGX | Vanguard Small Cap | PairCorr |
0.94 | VEXPX | Vanguard Explorer | PairCorr |
0.94 | VEXRX | Vanguard Explorer | PairCorr |
0.96 | JGMIX | Janus Triton | PairCorr |
0.96 | JGMRX | Janus Triton | PairCorr |
0.93 | JGMAX | Janus Triton | PairCorr |
0.96 | JGMCX | Janus Triton | PairCorr |
0.93 | JGMNX | Janus Triton | PairCorr |
0.86 | LIIAX | Columbia Porate Income | PairCorr |
0.85 | SRINX | Columbia Porate Income | PairCorr |
0.95 | WRHIX | Ivy High Income | PairCorr |
0.95 | WHIAX | Ivy High Income | PairCorr |
0.95 | IHIFX | Ivy High Income | PairCorr |
0.95 | IVHIX | Ivy High Income | PairCorr |
0.95 | AAUTX | Thrivent Large Cap | PairCorr |
0.75 | WIPIX | Wells Fargo Advantage | PairCorr |
0.93 | HDGSX | Hartford Dividend | PairCorr |
0.96 | PVQNX | Pimco Realpath Blend | PairCorr |
0.9 | PGLRX | Putnam Global Equity | PairCorr |
0.91 | FRIFX | Fidelity Real Estate | PairCorr |
0.88 | APIIX | Api Multi Asset | PairCorr |
0.93 | FGULX | Federated Government | PairCorr |
0.93 | VIMAX | Vanguard Mid Cap | PairCorr |
0.95 | FGWMX | Fidelity New Markets | PairCorr |
0.91 | BXFCX | Barings Global Floating | PairCorr |
0.96 | OSTVX | Osterweis Strategic | PairCorr |
0.94 | FIANX | Fa Strategic Income | PairCorr |
0.88 | FLTDX | Nuveen Limited Term | PairCorr |
0.93 | MXBOX | Great West Lifetime | PairCorr |
0.76 | GREZX | Global Real Estate | PairCorr |
0.95 | TRFFX | T Rowe Price | PairCorr |
0.97 | FLXIX | Forum Funds | PairCorr |
0.96 | JSMGX | Janus Triton | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Jacob Mutual Fund performing well and Jacob Small 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 Jacob Small'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
GMAQX | 0.55 | 0.26 | 0.08 | (24.82) | 0.24 | 1.74 | 4.04 | |||
SAEMX | 0.50 | 0.19 | 0.08 | 0.83 | 0.00 | 1.31 | 3.41 | |||
SEDAX | 0.18 | 0.00 | (0.46) | 0.00 | 0.00 | 0.45 | 1.25 | |||
DEDCX | 0.10 | 0.05 | (0.67) | 43.40 | 0.00 | 0.26 | 0.92 | |||
FEMDX | 0.17 | 0.10 | (0.52) | (5.82) | 0.00 | 0.52 | 1.13 | |||
RYVLX | 1.43 | 0.83 | 0.42 | (3.44) | 0.57 | 4.72 | 10.77 | |||
OBEGX | 0.68 | 0.15 | 0.16 | 0.39 | 0.18 | 1.87 | 4.04 |