Aristotle Funds Correlations

AISHX Fund

6.83 0.12 1.73%

The current 90-days correlation between Aristotle Funds Series and Versatile Bond Portfolio is 0.08 (i.e., Significant diversification). The correlation of Aristotle Funds 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.

Aristotle Funds Correlation With Market

Significant diversification

The correlation between Aristotle Funds Series and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aristotle Funds Series 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 Aristotle Funds Series. 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 rate.

Moving together with Aristotle Mutual Fund

0.89	ARALX	Aristotle Funds Series	Pair Corr
0.87	ARAGX	Aristotle Funds Series	Pair Corr
1.0	ARAHX	Aristotle Funds Series	Pair Corr
0.96	ARABX	Aristotle Funds Series	Pair Corr
0.85	ARAQX	Aristotle Value Eq	Pair Corr
0.85	ARIQX	Aristotle Value Eq	Pair Corr
0.93	ARILX	Aristotle Funds Series	Pair Corr
1.0	ARIHX	Aristotle Funds Series	Pair Corr
0.87	ARIBX	Aristotle Funds Series	Pair Corr
0.96	ARRBX	Aristotle Funds Series	Pair Corr
0.85	ARRQX	Aristotle Value Equity	Pair Corr
0.63	PLUAX	Aristotle Funds Series	Pair Corr
0.96	AIBBX	Aristotle Funds Series	Pair Corr
0.87	AIGGX	Aristotle Growth Equity	Pair Corr
1.0	AIHHX	Aristotle Funds Series	Pair Corr
0.89	AILLX	Aristotle Funds Series	Pair Corr
0.85	AIQQX	Aristotle Funds Series	Pair Corr
0.95	AISBX	Ing Series Fund	Pair Corr
0.98	VSMAX	Vanguard Small Cap	Pair Corr
0.98	VSCIX	Vanguard Small Cap	Pair Corr
0.98	VSCPX	Vanguard Small Cap	Pair Corr
0.91	NAESX	Vanguard Small Cap	Pair Corr
0.99	FSSNX	Fidelity Small Cap	Pair Corr
0.99	DFSTX	Us Small Cap	Pair Corr
0.91	PASVX	T Rowe Price	Pair Corr
0.98	PRVIX	T Rowe Price	Pair Corr
0.98	TRZVX	T Rowe Price	Pair Corr
0.91	PRSVX	T Rowe Price	Pair Corr
0.89	VTSAX	Vanguard Total Stock	Pair Corr
0.92	VFIAX	Vanguard 500 Index	Pair Corr
0.89	VTSMX	Vanguard Total Stock	Pair Corr
0.89	VSMPX	Vanguard Total Stock	Pair Corr
0.89	VSTSX	Vanguard Total Stock	Pair Corr

Moving against Aristotle Mutual Fund

0.57	PLEBX	Pacific Funds Esg	Pair Corr
0.57	PLEDX	Pacific Funds Esg	Pair Corr

Related Correlations Analysis

	PRVBX	BBINX	RGHYX	USCBX	TSDUX	BXDCX	TFBIX
PRVBX		0.28	0.87	0.21	0.56	0.9	0.36	PRVBX
BBINX	0.28		0.21	0.95	-0.35	0.33	0.96	BBINX
RGHYX	0.87	0.21		0.24	0.75	0.89	0.36	RGHYX
USCBX	0.21	0.95	0.24		-0.25	0.3	0.95	USCBX
TSDUX	0.56	-0.35	0.75	-0.25		0.64	-0.16	TSDUX
BXDCX	0.9	0.33	0.89	0.3	0.64		0.45	BXDCX
TFBIX	0.36	0.96	0.36	0.95	-0.16	0.45		TFBIX
	PRVBX	BBINX	RGHYX	USCBX	TSDUX	BXDCX	TFBIX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

TFBIX	+ 0.96	BBINX
USCBX	+ 0.95	BBINX
TFBIX	+ 0.95	USCBX
BXDCX	+ 0.9	PRVBX
BXDCX	+ 0.89	RGHYX
RGHYX	+ 0.87	PRVBX

High negative correlations

TSDUX	- 0.35	BBINX
TSDUX	- 0.25	USCBX
TFBIX	- 0.16	TSDUX

Risk-Adjusted Indicators

There is a big difference between Aristotle Mutual Fund performing well and Aristotle Funds 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 Aristotle Funds' 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
PRVBX	0.09	0.00	(0.92)	0.47	0.00	(0.10)	0.20	(0.20)	0.53
BBINX	0.11	(0.01)	(0.44)	(0.23)	0.16	(0.18)	0.29	(0.29)	1.07
RGHYX	0.08	0.01	(0.66)	0.91	0.00	(0.13)	0.20	(0.20)	0.51
USCBX	0.15	(0.01)	(0.29)	(0.02)	0.24	(0.22)	0.39	(0.29)	1.74
TSDUX	0.04	0.01	0.00	1.16	0.00	0.00	0.10	0.00	0.10
BXDCX	0.09	0.01	(0.84)	(0.53)	0.00	(0.16)	0.22	(0.11)	0.65
TFBIX	0.15	0.00	(0.31)	0.02	0.21	(0.22)	0.40	(0.39)	1.58

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

2024 Macroaxis LLC