Ab Government Correlations
| AEYXX Fund | USD 1.00 0.00 0.00% |
The correlation of Ab 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.
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Risk-Adjusted Indicators
There is a big difference between AEYXX Money Market Fund performing well and Ab Government Money Market 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 Ab 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BSBIX | 0.06 | 0.00 | 0.02 | 0.08 | 0.00 | 0.11 | 0.42 | |||
| OWSBX | 0.07 | 0.00 | 0.01 | 0.34 | 0.00 | 0.20 | 0.50 | |||
| RSDIX | 0.09 | 0.00 | 0.04 | (0.06) | 0.00 | 0.21 | 0.72 | |||
| QNZIX | 0.55 | 0.09 | 0.12 | 1.60 | 0.64 | 0.99 | 3.78 | |||
| RAAEX | 0.09 | 0.00 | 0.01 | 0.10 | 0.01 | 0.21 | 0.74 | |||
| SUSAX | 0.06 | 0.01 | 0.10 | (0.46) | 0.00 | 0.10 | 0.51 | |||
| CWFIX | 0.08 | 0.01 | 0.08 | 0.56 | 0.00 | 0.21 | 0.42 |