Mid Cap Correlations
VMIDX Fund | USD 24.88 0.23 0.93% |
The correlation of Mid Cap 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.
Mid |
Moving together with Mid Mutual Fund
0.95 | VMSGX | Mid Cap Strategic | PairCorr |
0.97 | VSTIX | Stock Index Fund | PairCorr |
0.98 | VBCVX | Broad Cap Value | PairCorr |
0.97 | VCAAX | Asset Allocation | PairCorr |
0.98 | VCGAX | Growth Income | PairCorr |
0.94 | VCGEX | Emerging Economies | PairCorr |
0.89 | VCFVX | Foreign Value | PairCorr |
0.9 | VCINX | International Growth | PairCorr |
0.94 | VCSTX | Science Technology | PairCorr |
0.96 | VCULX | Growth Fund Growth | PairCorr |
0.99 | VVMCX | Valic Company I | PairCorr |
0.96 | VVSGX | Valic Company I | PairCorr |
0.97 | VVSCX | Valic Company I | PairCorr |
0.94 | VHYLX | Valic Company I | PairCorr |
0.98 | VLCGX | Large Capital Growth | PairCorr |
0.61 | VLSMX | Valic Company I | PairCorr |
0.99 | VIMAX | Vanguard Mid Cap | PairCorr |
0.99 | VIMSX | Vanguard Mid Cap | PairCorr |
0.99 | VMCPX | Vanguard Mid Cap | PairCorr |
0.99 | VMCIX | Vanguard Mid Cap | PairCorr |
0.99 | VEXAX | Vanguard Extended Market | PairCorr |
0.99 | VEMPX | Vanguard Extended Market | PairCorr |
0.99 | VIEIX | Vanguard Extended Market | PairCorr |
0.99 | VEXMX | Vanguard Extended Market | PairCorr |
0.99 | FSMAX | Fidelity Extended Market | PairCorr |
Moving against Mid Mutual Fund
1.0 | UIPIX | Ultrashort Mid Cap | PairCorr |
0.95 | USPSX | Profunds Ultrashort | PairCorr |
0.95 | USPIX | Profunds Ultrashort | PairCorr |
Related Correlations Analysis
0.99 | 0.99 | 0.99 | 1.0 | 0.99 | 1.0 | PGKCX | ||
0.99 | 0.99 | 1.0 | 0.99 | 0.99 | 1.0 | FIKHX | ||
0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | DTEYX | ||
0.99 | 1.0 | 0.99 | 0.98 | 0.98 | 1.0 | ROGSX | ||
1.0 | 0.99 | 0.99 | 0.98 | 1.0 | 0.99 | BTEUX | ||
0.99 | 0.99 | 0.99 | 0.98 | 1.0 | 0.99 | GISTX | ||
1.0 | 1.0 | 0.99 | 1.0 | 0.99 | 0.99 | JGLTX | ||
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Risk-Adjusted Indicators
There is a big difference between Mid Mutual Fund performing well and Mid Cap 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 Mid Cap'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
PGKCX | 0.79 | 0.36 | 0.16 | (3.02) | 0.40 | 2.21 | 6.58 | |||
FIKHX | 0.82 | 0.42 | 0.23 | (4.13) | 0.24 | 2.08 | 7.15 | |||
DTEYX | 0.78 | 0.36 | 0.20 | (7.57) | 0.15 | 2.23 | 6.30 | |||
ROGSX | 0.70 | 0.37 | 0.23 | (5.77) | 0.00 | 1.88 | 5.65 | |||
BTEUX | 0.84 | 0.44 | 0.22 | (2.22) | 0.30 | 2.14 | 6.51 | |||
GISTX | 0.72 | 0.32 | 0.15 | (68.28) | 0.08 | 1.97 | 6.57 | |||
JGLTX | 0.69 | 0.39 | 0.23 | (3.86) | 0.00 | 1.98 | 5.81 |