Us Government Correlations
| UGSDX Fund | USD 1.95 0.00 0.00% |
The current 90-days correlation between Us Government Securities and Pgim Conservative Retirement is 0.13 (i.e., Average diversification). The correlation of Us Government 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.
Us Government Correlation With Market
Modest diversification
The correlation between Us Government Securities and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Us Government Securities and DJI in the same portfolio, assuming nothing else is changed.
UGSDX |
Moving together with UGSDX Mutual Fund
| 0.7 | NEARX | Near Term Tax | PairCorr |
| 0.89 | LUSNX | Lord Abbett Ultra | PairCorr |
| 0.74 | MGXIX | Mainstay Growth Allo | PairCorr |
| 0.78 | TMPFX | Tactical Multi Purpose | PairCorr |
| 0.76 | LDVCX | Leland Thomson Reuters | PairCorr |
| 0.74 | BNGLX | Ubs Global Allocation | PairCorr |
| 0.75 | WMIDX | Wcm Mid Cap | PairCorr |
| 0.77 | PSMKX | Pioneer Select Mid | PairCorr |
| 0.79 | AIDAX | Diversified Municipal | PairCorr |
| 0.84 | MVISX | Miller Opportunity Trust | PairCorr |
| 0.84 | GATCX | Gabelli Asset | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between UGSDX Mutual Fund performing well and Us Government 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 Us Government'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PGFCX | 0.22 | 0.09 | (0.33) | (2.04) | 0.12 | 0.58 | 1.86 | |||
| HRIDX | 0.49 | 0.10 | 0.00 | 0.42 | 0.14 | 1.28 | 3.04 | |||
| PGBLX | 0.14 | 0.04 | (1.03) | (7.24) | 0.00 | 0.26 | 0.86 | |||
| VDSCX | 0.64 | 0.37 | 0.08 | (1.09) | 0.31 | 2.05 | 4.77 | |||
| XACVX | 0.59 | 0.29 | 0.04 | (2.75) | 0.33 | 1.55 | 3.71 | |||
| VYRPX | 0.21 | 0.08 | (0.46) | (1.77) | 0.00 | 0.58 | 1.64 | |||
| MCKSX | 0.25 | 0.03 | (0.26) | 0.31 | 0.00 | 0.86 | 1.82 |