Swan Defined Correlations
| SDFAXDelisted Fund | USD 8.91 0.00 0.00% |
The current 90-days correlation between Swan Defined Risk and Davis Financial Fund is -0.04 (i.e., Good diversification). The correlation of Swan Defined 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.
Swan Defined Correlation With Market
Significant diversification
The correlation between Swan Defined Risk and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Swan Defined Risk and DJI in the same portfolio, assuming nothing else is changed.
Swan |
Moving against Swan Mutual Fund
| 0.61 | GSACX | Goldman Sachs Asia | PairCorr |
| 0.56 | GAAKX | Gmo Alternative Allo | PairCorr |
| 0.56 | GAAGX | Gmo Alternative Allo | PairCorr |
| 0.55 | WARCX | Wells Fargo Advantage | PairCorr |
| 0.41 | PQTNX | Pimco Trends Managed | PairCorr |
| 0.41 | PQTIX | Aa Pimco Tr | PairCorr |
| 0.4 | GPMFX | Guidepath Managed Futures | PairCorr |
| 0.4 | PQTAX | Pimco Trends Managed | PairCorr |
| 0.39 | ACGZX | Ab Income Fund | PairCorr |
| 0.39 | CLAAX | Columbia Alternative Beta | PairCorr |
| 0.39 | JDFAX | Janus Flexible Bond | PairCorr |
| 0.36 | GPBFX | Gmo E Plus | PairCorr |
| 0.35 | FXNAX | Fidelity Bond Index | PairCorr |
| 0.61 | BDMKX | Blackrock Global Lon | PairCorr |
| 0.54 | GBMIX | Gmo Benchmark Free | PairCorr |
| 0.51 | PBNAX | Pace Strategic Fixed | PairCorr |
| 0.47 | LGRFX | Lord Abbett Investment | PairCorr |
| 0.46 | TABGX | Transamerica Core Bond | PairCorr |
| 0.45 | TEOIX | Transamerica Emerging | PairCorr |
| 0.44 | LVAZX | Lsv Emerging Markets | PairCorr |
| 0.44 | LSVZX | Lsv Emerging Markets | PairCorr |
| 0.41 | LICYX | Lord Abbett International | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Swan Mutual Fund performing well and Swan Defined 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 Swan Defined'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DVFYX | 1.18 | (0.05) | 0.00 | (3.43) | 0.00 | 1.80 | 9.98 | |||
| RYFNX | 1.17 | (0.09) | 0.00 | 1.55 | 0.00 | 1.94 | 11.32 | |||
| MSVIX | 1.28 | (0.19) | 0.00 | 1.86 | 0.00 | 2.13 | 13.17 | |||
| FIDAX | 1.24 | 0.03 | 0.00 | (0.11) | 0.00 | 2.18 | 10.83 | |||
| GCFSX | 0.97 | 0.02 | 0.08 | 0.01 | 1.62 | 1.93 | 7.41 | |||
| XFINX | 0.22 | 0.03 | 0.47 | (2.39) | 0.21 | 0.49 | 2.48 | |||
| FIKBX | 1.28 | (0.11) | 0.00 | 60.34 | 0.00 | 2.25 | 11.84 |
Swan Defined Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Swan Defined mutual fund to make a market-neutral strategy. Peer analysis of Swan Defined could also be used in its relative valuation, which is a method of valuing Swan Defined by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Swan Defined Risk?
Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.