Oaktree (lux) Correlations
| 0P0001GXZ7 | 136.07 0.18 0.13% |
The current 90-days correlation between Oaktree (lux) and Transamerica Emerging Markets is 0.31 (i.e., Weak diversification). The correlation of Oaktree (lux) 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.
Oaktree (lux) Correlation With Market
Average diversification
The correlation between Oaktree Iii and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oaktree Iii and DJI in the same portfolio, assuming nothing else is changed.
Oaktree |
Related Correlations Analysis
| 0.63 | 0.46 | 0.64 | 0.24 | 0.52 | TEOJX | ||
| 0.63 | 0.69 | 0.62 | 0.66 | 0.87 | VSMGX | ||
| 0.46 | 0.69 | 0.75 | 0.51 | 0.84 | XMSDX | ||
| 0.64 | 0.62 | 0.75 | 0.38 | 0.76 | BXECX | ||
| 0.24 | 0.66 | 0.51 | 0.38 | 0.7 | ARTYX | ||
| 0.52 | 0.87 | 0.84 | 0.76 | 0.7 | RALAX | ||
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Risk-Adjusted Indicators
There is a big difference between Oaktree OTC Fund performing well and Oaktree (lux) OTC 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 Oaktree (lux)'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TEOJX | 0.59 | (0.06) | 0.00 | (0.28) | 0.00 | 1.21 | 3.65 | |||
| VSMGX | 0.43 | (0.07) | 0.00 | (0.20) | 0.00 | 0.79 | 5.30 | |||
| XMSDX | 0.27 | (0.03) | 0.00 | (0.41) | 0.00 | 0.40 | 4.70 | |||
| BXECX | 0.20 | (0.04) | 0.00 | (1.31) | 0.00 | 0.54 | 1.46 | |||
| ARTYX | 0.75 | 0.03 | 0.01 | 0.18 | 1.06 | 1.37 | 4.86 | |||
| RALAX | 0.44 | (0.03) | 0.00 | (0.07) | 0.00 | 1.03 | 3.65 |
Oaktree (lux) 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 Oaktree (lux) otc fund to make a market-neutral strategy. Peer analysis of Oaktree (lux) could also be used in its relative valuation, which is a method of valuing Oaktree (lux) by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |