Aristotle Funds Correlations

AISHX Fund

6.27 0.07 1.13%

The current 90-days correlation between Aristotle Funds Series and Fidelity Capital Income is 0.57 (i.e., Very weak 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

Weak diversification

The correlation between Aristotle Funds Series and DJI is 0.31 (i.e., Weak 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

0.71	ARAHX	Aristotle Funds Series	Pair Corr
0.76	ARABX	Aristotle Funds Series	Pair Corr
0.9	ARAOX	Aristotlesaul Global	Pair Corr
0.91	ARAQX	Aristotle Value Eq	Pair Corr
0.9	ARIOX	Aristotlesaul Global	Pair Corr
0.91	ARIQX	Aristotle Value Eq	Pair Corr
0.71	ARIHX	Aristotle Funds Series	Pair Corr
0.67	ARIBX	Aristotle Funds Series	Pair Corr
0.76	ARRBX	Aristotle Funds Series	Pair Corr
0.91	ARRQX	Aristotle Value Equity	Pair Corr
0.76	AIBBX	Aristotle Funds Series	Pair Corr
0.83	AIGGX	Aristotle Growth Equity	Pair Corr
0.71	AIHHX	Aristotle Funds Series	Pair Corr
0.89	AIOOX	Aristotlesaul Global	Pair Corr
0.95	AIQQX	Aristotle Funds Series	Pair Corr
0.68	AISBX	Ing Series Fund	Pair Corr
0.7	FSSNX	Fidelity Small Cap	Pair Corr
0.67	DFSTX	Us Small Cap	Pair Corr
0.91	PASVX	T Rowe Price	Pair Corr
0.91	PRVIX	T Rowe Price	Pair Corr
0.91	TRZVX	T Rowe Price	Pair Corr
0.91	PRSVX	T Rowe Price	Pair Corr

Moving against Aristotle Mutual Fund

0.62	PLUAX	Aristotle Funds Series	Pair Corr
0.65	UIPIX	Ultrashort Mid Cap	Pair Corr
0.45	FTCAX	Templeton Strained Bond	Pair Corr

Related Correlations Analysis

	FAGIX	FHTIX	JDHYX	IPIMX	PYRLX	FPIOX	RIMOX
FAGIX		0.95	0.91	0.93	0.88	0.9	0.62	FAGIX
FHTIX	0.95		0.97	0.98	0.9	0.92	0.63	FHTIX
JDHYX	0.91	0.97		0.98	0.9	0.92	0.63	JDHYX
IPIMX	0.93	0.98	0.98		0.91	0.94	0.66	IPIMX
PYRLX	0.88	0.9	0.9	0.91		0.95	0.74	PYRLX
FPIOX	0.9	0.92	0.92	0.94	0.95		0.7	FPIOX
RIMOX	0.62	0.63	0.63	0.66	0.74	0.7		RIMOX
	FAGIX	FHTIX	JDHYX	IPIMX	PYRLX	FPIOX	RIMOX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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
FAGIX	0.28	0.03	(0.11)	0.33	0.31	(0.33)	0.59	(0.39)	2.24
FHTIX	0.16	0.02	(0.23)	0.46	0.00	(0.27)	0.47	(0.31)	1.10
JDHYX	0.15	0.01	(0.26)	0.38	0.00	(0.22)	0.27	(0.41)	1.37
IPIMX	0.14	0.02	(0.30)	1.07	0.00	(0.19)	0.35	(0.23)	1.15
PYRLX	0.12	0.02	(0.25)	0.80	0.00	(0.20)	0.31	(0.31)	0.95
FPIOX	0.15	0.03	(0.25)	8.15	0.00	(0.23)	0.57	(0.23)	1.04
RIMOX	0.06	0.01	(0.43)	1.16	0.00	(0.08)	0.15	(0.10)	0.57

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