T Rowe Correlations
REIPX Fund | USD 37.07 0.16 0.43% |
The current 90-days correlation between T Rowe Price and International Investors Gold is -0.34 (i.e., Very good diversification). The correlation of T Rowe 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.
T Rowe Correlation With Market
Good diversification
The correlation between T Rowe Price and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding T Rowe Price and DJI in the same portfolio, assuming nothing else is changed.
REIPX |
Moving together with REIPX Mutual Fund
0.98 | TFIFX | T Rowe Price | PairCorr |
0.99 | RPBAX | T Rowe Price | PairCorr |
0.97 | PGTIX | T Rowe Price | PairCorr |
0.68 | RPIBX | T Rowe Price | PairCorr |
0.98 | RPGEX | T Rowe Price | PairCorr |
0.99 | RPGRX | T Rowe Price | PairCorr |
0.99 | RPMGX | T Rowe Price | PairCorr |
0.99 | RPTFX | T Rowe Price | PairCorr |
0.99 | RRMGX | T Rowe Price | PairCorr |
0.99 | RRTBX | Trowe Price Retirement | PairCorr |
0.98 | RRTLX | T Rowe Price | PairCorr |
0.99 | PMEGX | T Rowe Price | PairCorr |
0.85 | TMSRX | T Rowe Price | PairCorr |
0.98 | TPLGX | T Rowe Price | PairCorr |
0.98 | TQAAX | T Rowe Price | PairCorr |
0.98 | TQAIX | T Rowe Price | PairCorr |
0.99 | PRCOX | T Rowe Price | PairCorr |
0.97 | PRDMX | T Rowe Price | PairCorr |
0.61 | PRCIX | T Rowe Price | PairCorr |
0.98 | PRDSX | T Rowe Price | PairCorr |
0.98 | PREFX | T Rowe Price | PairCorr |
0.95 | PREMX | T Rowe Price | PairCorr |
0.97 | PRGTX | T Rowe Price | PairCorr |
0.96 | PRJIX | T Rowe Price | PairCorr |
0.86 | PRJPX | T Rowe Price Steady Growth | PairCorr |
0.96 | PRHYX | T Rowe Price | PairCorr |
0.98 | PRISX | T Rowe Price | PairCorr |
0.96 | PRIUX | T Rowe Price | PairCorr |
0.64 | PRLAX | T Rowe Price | PairCorr |
0.96 | PRNHX | T Rowe Price | PairCorr |
0.95 | PRNEX | T Rowe Price | PairCorr |
0.92 | PRMDX | Maryland Short Term | PairCorr |
0.91 | PRMTX | T Rowe Price | PairCorr |
Related Correlations Analysis
0.99 | 0.41 | 0.89 | 1.0 | 0.95 | 0.91 | IIGCX | ||
0.99 | 0.4 | 0.83 | 0.99 | 0.91 | 0.86 | UIPMX | ||
0.41 | 0.4 | 0.4 | 0.41 | 0.49 | 0.25 | VGSBX | ||
0.89 | 0.83 | 0.4 | 0.88 | 0.97 | 0.87 | UNWPX | ||
1.0 | 0.99 | 0.41 | 0.88 | 0.94 | 0.89 | FEGOX | ||
0.95 | 0.91 | 0.49 | 0.97 | 0.94 | 0.89 | EPGFX | ||
0.91 | 0.86 | 0.25 | 0.87 | 0.89 | 0.89 | XGGNX | ||
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Risk-Adjusted Indicators
There is a big difference between REIPX Mutual Fund performing well and T Rowe 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 T Rowe'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
IIGCX | 1.52 | 0.06 | (0.02) | 0.34 | 2.03 | 3.27 | 12.48 | |||
UIPMX | 1.51 | 0.05 | (0.04) | 0.34 | 2.07 | 3.26 | 11.90 | |||
VGSBX | 0.26 | 0.00 | 0.00 | 0.27 | 0.00 | 0.55 | 1.44 | |||
UNWPX | 1.22 | 0.21 | 0.05 | 0.75 | 1.11 | 2.72 | 7.43 | |||
FEGOX | 1.32 | 0.03 | (0.06) | 0.30 | 1.69 | 2.58 | 9.95 | |||
EPGFX | 1.40 | 0.15 | 0.01 | 0.61 | 1.76 | 3.36 | 10.25 | |||
XGGNX | 0.59 | 0.03 | (0.17) | 0.50 | 0.65 | 1.33 | 4.00 |