Lsv Value Correlations
LSVEX Fund | USD 28.00 0.29 1.03% |
The current 90-days correlation between Lsv Value Equity and Nova Fund Class is -0.18 (i.e., Good diversification). The correlation of Lsv Value 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.
Lsv Value Correlation With Market
Almost no diversification
The correlation between Lsv Value Equity and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lsv Value Equity and DJI in the same portfolio, assuming nothing else is changed.
Lsv |
Moving together with Lsv Mutual Fund
0.96 | LSVFX | Lsv Global Managed | PairCorr |
0.97 | LSVGX | Lsv Global Value | PairCorr |
0.99 | LSVQX | Lsv Small Cap | PairCorr |
0.94 | LSVZX | Lsv Emerging Markets | PairCorr |
1.0 | LVAEX | Lsv Value Equity | PairCorr |
0.99 | LVAQX | Lsv Small Cap | PairCorr |
0.99 | VVIAX | Vanguard Value Index | PairCorr |
0.99 | DOXGX | Dodge Cox Stock | PairCorr |
0.95 | AFMFX | American Mutual | PairCorr |
0.98 | FFMMX | American Funds American | PairCorr |
0.98 | FFFMX | American Funds American | PairCorr |
0.95 | AMRMX | American Mutual | PairCorr |
0.95 | AMFFX | American Mutual | PairCorr |
0.95 | AMFCX | American Mutual | PairCorr |
0.99 | DODGX | Dodge Stock Fund | PairCorr |
0.99 | VIVAX | Vanguard Value Index | PairCorr |
0.93 | PFN | Pimco Income Strategy | PairCorr |
0.95 | CIF | Mfs Intermediate High | PairCorr |
0.92 | PCF | Putnam High Income | PairCorr |
0.89 | MEQAX | International Value | PairCorr |
0.97 | TEGIX | Mid Cap Growth | PairCorr |
0.91 | VDIGX | Vanguard Dividend Growth | PairCorr |
0.92 | MQGIX | Mfs International Growth | PairCorr |
Moving against Lsv Mutual Fund
Related Correlations Analysis
0.95 | 0.93 | 0.97 | 1.0 | 1.0 | RYANX | ||
0.95 | 0.99 | 0.98 | 0.96 | 0.95 | SEDAX | ||
0.93 | 0.99 | 0.97 | 0.95 | 0.93 | DBELX | ||
0.97 | 0.98 | 0.97 | 0.97 | 0.96 | ARDBX | ||
1.0 | 0.96 | 0.95 | 0.97 | 1.0 | TBLDX | ||
1.0 | 0.95 | 0.93 | 0.96 | 1.0 | ASTIX | ||
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Risk-Adjusted Indicators
There is a big difference between Lsv Mutual Fund performing well and Lsv Value 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 Lsv Value'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
RYANX | 0.93 | 0.48 | 0.15 | (1.27) | 0.73 | 3.05 | 7.33 | |||
SEDAX | 0.18 | 0.07 | (0.61) | 0.88 | 0.00 | 0.45 | 1.25 | |||
DBELX | 0.22 | 0.08 | (0.43) | 1.39 | 0.00 | 0.46 | 1.75 | |||
ARDBX | 0.44 | 0.11 | (0.07) | 0.56 | 0.00 | 1.23 | 2.52 | |||
TBLDX | 0.28 | 0.14 | (0.23) | (2.03) | 0.00 | 0.99 | 2.03 | |||
ASTIX | 0.33 | 0.16 | (0.21) | (1.13) | 0.15 | 0.87 | 2.70 |