Api Multi-asset Correlations

AFFIX Fund

USD 8.02 0.02 0.25%

The current 90-days correlation between Api Multi Asset and Champlain Mid Cap is 0.25 (i.e., Modest diversification). The correlation of Api Multi-asset 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.

Api Multi-asset Correlation With Market

Very weak diversification

The correlation between Api Multi Asset Income and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Api Multi Asset Income and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Api Multi Asset Income. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Api Mutual Fund

0.63	APIBX	Api Short Term	Pair Corr
0.85	APIUX	Api Multi Asset	Pair Corr
0.74	APIMX	Api Short Term	Pair Corr
0.94	APIIX	Api Multi Asset	Pair Corr
0.86	AFFCX	Api Multi Asset	Pair Corr
0.75	AFMMX	Api Short Term	Pair Corr
0.65	PIPNX	Pimco Income	Pair Corr
0.61	PONAX	Pimco Income	Pair Corr
0.61	PONCX	Pimco Income	Pair Corr
0.68	PONRX	Pimco Income	Pair Corr
0.65	PONPX	Pimco Incme Fund	Pair Corr
0.64	PIINX	Pimco Income	Pair Corr
0.62	PIMIX	Pimco Income	Pair Corr
0.63	FSTAX	Fidelity Advisor Str	Pair Corr
0.76	FSRIX	Fidelity Advisor Str	Pair Corr
0.67	VADGX	Vanguard Advice Select	Pair Corr

Related Correlations Analysis

	CIPMX	TMSRX	MSTGX	LMUSX	GGFRX	BBHLX
CIPMX		0.69	0.79	0.89	0.87	0.64	CIPMX
TMSRX	0.69		0.76	0.86	0.87	0.69	TMSRX
MSTGX	0.79	0.76		0.9	0.83	0.63	MSTGX
LMUSX	0.89	0.86	0.9		0.95	0.66	LMUSX
GGFRX	0.87	0.87	0.83	0.95		0.74	GGFRX
BBHLX	0.64	0.69	0.63	0.66	0.74		BBHLX
	CIPMX	TMSRX	MSTGX	LMUSX	GGFRX	BBHLX

Risk-Adjusted Indicators

There is a big difference between Api Mutual Fund performing well and Api Multi-asset 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 Api Multi-asset'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
CIPMX	1.04	0.32	0.34	0.82	0.32	(1.43)	1.68	(1.22)	22.87
TMSRX	0.12	0.00	(0.29)	0.08	0.07	(0.17)	0.23	(0.34)	0.91
MSTGX	0.24	0.02	(0.18)	0.24	0.19	(0.28)	0.41	(0.50)	1.31
LMUSX	0.63	0.05	0.04	0.15	0.78	(0.65)	1.56	(1.35)	4.05
GGFRX	0.65	0.05	0.04	0.14	0.72	(0.74)	1.43	(1.17)	6.65
BBHLX	0.69	(0.01)	(0.01)	0.07	0.92	(0.69)	1.44	(1.29)	3.62

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC

Api Multi-asset Correlations

Api Multi-asset Correlation With Market

Very weak diversification

Moving together with Api Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY