Massmutual Select Correlations
MMBVX Fund | USD 14.95 0.03 0.20% |
The current 90-days correlation between Massmutual Select and T Rowe Price is -0.07 (i.e., Good diversification). The correlation of Massmutual Select 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.
Massmutual Select Correlation With Market
Good diversification
The correlation between Massmutual Select T and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Massmutual Select T and DJI in the same portfolio, assuming nothing else is changed.
Massmutual |
Moving together with Massmutual Mutual Fund
0.98 | MMBRX | Massmutual Premier | PairCorr |
0.98 | MMBUX | Massmutual Select | PairCorr |
1.0 | MMBZX | Massmutual Select | PairCorr |
1.0 | MMBYX | Massmutual Select | PairCorr |
1.0 | MMBWX | Massmutual Select | PairCorr |
0.86 | MMCBX | Massmutual Premier | PairCorr |
0.8 | MMBEX | Massmutual Select | PairCorr |
0.98 | MMBDX | Massmutual Premier | PairCorr |
0.98 | MMBLX | Massmutual Premier | PairCorr |
0.96 | MMELX | Massmutual Select Mid | PairCorr |
0.99 | MMDFX | Massmutual Select | PairCorr |
0.99 | MMDDX | Massmutual Select | PairCorr |
0.99 | MMDJX | Massmutual Select | PairCorr |
0.99 | MMDHX | Massmutual Select | PairCorr |
0.99 | MMDGX | Massmutual Select | PairCorr |
0.99 | MMDMX | Massmutual Select | PairCorr |
0.99 | MMDKX | Massmutual Select | PairCorr |
0.99 | MMDOX | Massmutual Select | PairCorr |
0.99 | MMFZX | Massmutual Select | PairCorr |
0.95 | MMFYX | Massmutual Select Focused | PairCorr |
0.99 | MMFWX | Massmutual Select | PairCorr |
0.99 | MMGEX | Massmutual Select Small | PairCorr |
0.99 | MMFBX | Massmutual Select | PairCorr |
0.99 | MMFFX | Mm Sp 500 | PairCorr |
1.0 | MMFEX | Massmutual Select | PairCorr |
1.0 | MMFDX | Massmutual Select | PairCorr |
1.0 | MMFJX | Massmutual Select | PairCorr |
1.0 | MMFHX | Massmutual Select | PairCorr |
1.0 | MMFGX | Massmutual Select | PairCorr |
1.0 | MMFLX | Massmutual Select | PairCorr |
0.99 | MMFKX | Massmutual Select | PairCorr |
0.98 | MMFRX | Massmutual Select | PairCorr |
0.98 | MMFQX | Massmutual Select | PairCorr |
1.0 | MMFPX | Massmutual Select | PairCorr |
1.0 | MMFOX | Massmutual Select | PairCorr |
0.97 | MMFVX | Massmutual Select Focused | PairCorr |
0.99 | MMFUX | Massmutual Select | PairCorr |
0.98 | MMFTX | Massmutual Select | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Massmutual Mutual Fund performing well and Massmutual Select 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 Massmutual Select'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
PARJX | 0.29 | 0.04 | (0.17) | 0.30 | 0.00 | 0.98 | 2.13 | |||
0P0000A2WI | 0.16 | 0.06 | (0.54) | 2.92 | 0.00 | 0.46 | 1.06 | |||
PARKX | 0.40 | 0.05 | (0.05) | 0.29 | 0.15 | 1.26 | 2.94 | |||
MWHIX | 0.13 | 0.03 | (0.83) | 0.49 | 0.00 | 0.55 | 1.00 | |||
GHVIX | 0.17 | 0.09 | (0.60) | (1.27) | 0.00 | 0.48 | 1.35 | |||
AGTFX | 0.52 | 0.09 | 0.06 | 0.32 | 0.19 | 1.65 | 3.77 | |||
APDFX | 0.14 | 0.08 | (0.89) | (3.53) | 0.00 | 0.55 | 0.90 |