Aama Income Correlations

AMFIX Fund

USD 24.29 0.04 0.16%

The current 90-days correlation between Aama Income Fund and The Lazard Funds is 0.16 (i.e., Average diversification). The correlation of Aama Income 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.

Aama Income Correlation With Market

Very poor diversification

The correlation between Aama Income Fund and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aama Income Fund 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 Aama Income Fund. 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 Aama Mutual Fund

0.83	AMFEX	Aama Equity Fund	Pair Corr
0.91	OPTCX	Rbb Fund	Pair Corr
0.87	OFVIX	Oshaughnessy Market	Pair Corr
0.65	ABHYX	High Yield Municipal	Pair Corr
0.83	AMDWX	Amana Developing World	Pair Corr
0.66	CIPMX	Champlain Mid Cap	Pair Corr
0.82	JCAIX	Janus Global Allocation	Pair Corr
0.89	GSIYX	Goldman Sachs Gqg	Pair Corr
0.77	FRBJX	Fidelity Advisor Freedom	Pair Corr
0.78	GEGCX	Aberdeen Emerging Markets	Pair Corr
0.86	LPSAX	Blackrock Lifepath	Pair Corr
0.77	AAAPX	Deutsche Real Assets	Pair Corr
0.65	NMIAX	Columbia Large Cap	Pair Corr
0.86	FLMTX	Franklin Lifesmart	Pair Corr
0.68	REMSX	Emerging Markets	Pair Corr
0.98	GMOHX	Gmo Opportunistic Income	Pair Corr
0.96	SDGFX	Sdit Short Duration	Pair Corr

Related Correlations Analysis

	VICIX	WEIAX	FISCX	AVK	GCV	CCD	MCCVX	CONOX
VICIX		0.81	0.9	0.69	0.63	0.48	0.85	0.79	VICIX
WEIAX	0.81		0.93	0.85	0.85	0.77	0.82	0.84	WEIAX
FISCX	0.9	0.93		0.81	0.8	0.68	0.91	0.88	FISCX
AVK	0.69	0.85	0.81		0.9	0.88	0.72	0.9	AVK
GCV	0.63	0.85	0.8	0.9		0.88	0.81	0.93	GCV
CCD	0.48	0.77	0.68	0.88	0.88		0.65	0.79	CCD
MCCVX	0.85	0.82	0.91	0.72	0.81	0.65		0.88	MCCVX
CONOX	0.79	0.84	0.88	0.9	0.93	0.79	0.88		CONOX
	VICIX	WEIAX	FISCX	AVK	GCV	CCD	MCCVX	CONOX

Risk-Adjusted Indicators

There is a big difference between Aama Mutual Fund performing well and Aama Income 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 Aama Income'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
VICIX	0.28	0.00	(0.07)	0.03	0.32	(0.32)	0.50	(0.61)	1.54
WEIAX	0.96	0.05	0.02	0.21	1.11	(1.03)	1.67	(2.09)	9.28
FISCX	0.49	0.03	(0.01)	0.33	0.55	(0.53)	0.99	(1.10)	2.54
AVK	0.58	0.00	(0.02)	0.04	0.67	(0.66)	1.17	(1.05)	3.34
GCV	0.72	0.06	0.04	0.17	0.82	(0.80)	2.13	(1.44)	4.09
CCD	0.78	0.09	0.06	0.39	0.88	(0.82)	1.66	(1.57)	5.33
MCCVX	0.65	0.19	0.23	(5.84)	0.38	(0.78)	1.14	(1.19)	8.19
CONOX	0.79	0.04	0.03	0.09	0.98	(0.82)	1.68	(1.61)	7.37

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

Aama Income Correlations

Aama Income Correlation With Market

Very poor diversification

Moving together with Aama Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY