Rice Hall Correlations
RHJSX Fund | USD 22.33 0.57 2.62% |
The current 90-days correlation between Rice Hall James and Dreyfus Strategic Value is 0.86 (i.e., Very poor diversification). The correlation of Rice Hall 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.
Rice Hall Correlation With Market
Very poor diversification
The correlation between Rice Hall James and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rice Hall James and DJI in the same portfolio, assuming nothing else is changed.
Rice |
Moving together with Rice Mutual Fund
0.98 | VSGAX | Vanguard Small Cap | PairCorr |
0.98 | VSGIX | Vanguard Small Cap | PairCorr |
0.98 | VISGX | Vanguard Small Cap | PairCorr |
0.98 | VEXPX | Vanguard Explorer | PairCorr |
0.98 | VEXRX | Vanguard Explorer | PairCorr |
0.98 | JGMIX | Janus Triton | PairCorr |
0.98 | JGMRX | Janus Triton | PairCorr |
0.95 | JGMAX | Janus Triton | PairCorr |
0.95 | JGMCX | Janus Triton | PairCorr |
0.95 | JGMNX | Janus Triton | PairCorr |
0.96 | DXQLX | Direxion Monthly Nasdaq | PairCorr |
0.94 | RYVLX | Nasdaq 100 2x | PairCorr |
0.94 | RYVYX | Nasdaq 100 2x | PairCorr |
0.96 | UOPIX | Ultra Nasdaq 100 | PairCorr |
0.96 | RYCCX | Nasdaq 100 2x | PairCorr |
0.96 | UOPSX | Ultranasdaq 100 Profund | PairCorr |
0.96 | INPIX | Internet Ultrasector | PairCorr |
0.94 | INPSX | Internet Ultrasector | PairCorr |
0.69 | BIPIX | Biotechnology Ultrasector | PairCorr |
0.94 | URHIX | High Income Fund | PairCorr |
0.95 | SDGZX | Deutsche Capital Growth | PairCorr |
0.94 | PRASX | T Rowe Price | PairCorr |
0.91 | MSEIX | Amg Managers Special | PairCorr |
0.93 | HTFNX | Horizon Funds | PairCorr |
0.87 | ASCDX | Short Duration Strategic | PairCorr |
0.96 | PRIDX | T Rowe Price | PairCorr |
0.94 | EKHIX | Wells Fargo High | PairCorr |
0.83 | PRLAX | T Rowe Price | PairCorr |
0.95 | AEYMX | Emerging Markets | PairCorr |
0.96 | FDDTX | American Funds 2025 | PairCorr |
0.97 | FLCSX | Fidelity Large Cap | PairCorr |
0.93 | INTIX | Voya International Index | PairCorr |
0.94 | ANWFX | New Perspective | PairCorr |
0.95 | PHCHX | Virtus High Yield | PairCorr |
0.96 | VCULX | Growth Fund Growth | PairCorr |
0.62 | DHRIX | Diamond Hill E | PairCorr |
0.91 | HSNAX | The Hartford Strategic | PairCorr |
0.95 | PAITX | T Rowe Price | PairCorr |
0.97 | JILMX | Multimanager Lifestyle | PairCorr |
Related Correlations Analysis
0.94 | 0.97 | 0.98 | 0.99 | DAGVX | ||
0.94 | 0.96 | 0.96 | 0.95 | PSLAX | ||
0.97 | 0.96 | 0.95 | 0.97 | BRAGX | ||
0.98 | 0.96 | 0.95 | 0.99 | BPSCX | ||
0.99 | 0.95 | 0.97 | 0.99 | HRTVX | ||
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Risk-Adjusted Indicators
There is a big difference between Rice Mutual Fund performing well and Rice Hall 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 Rice Hall'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
DAGVX | 0.63 | 0.04 | 0.02 | 0.25 | 0.44 | 1.81 | 4.55 | |||
PSLAX | 0.97 | 0.30 | 0.05 | (1.53) | 0.95 | 2.33 | 6.44 | |||
BRAGX | 0.71 | 0.37 | 0.13 | (1.19) | 0.37 | 2.13 | 5.64 | |||
BPSCX | 0.80 | 0.01 | 0.03 | 0.22 | 0.76 | 2.33 | 5.24 | |||
HRTVX | 0.79 | 0.08 | 0.08 | 0.30 | 0.56 | 2.11 | 5.27 |