Ab Large Correlations

APGCX Fund

USD 108.79 0.10 0.09%

The current 90-days correlation between Ab Large Cap and Ab Global Bond is 0.01 (i.e., Significant diversification). The correlation of Ab Large 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.

Ab Large Correlation With Market

Very weak diversification

The correlation between Ab Large Cap and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ab Large Cap 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 Ab Large Cap. 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 unemployment.

Moving together with APGCX Mutual Fund

0.71	GCEAX	Ab Global E	Pair Corr
0.71	GCECX	Ab Global E	Pair Corr
0.71	GCEYX	Ab Global E	Pair Corr
0.69	SCRSX	Small Cap Core	Pair Corr
0.69	SCRYX	Small Cap Core	Pair Corr
0.69	SCRZX	Small Cap Core	Pair Corr
1.0	APGZX	Ab Large Cap	Pair Corr
1.0	APGYX	Ab Large Cap	Pair Corr
1.0	APGAX	Ab Large Cap	Pair Corr
0.87	CHCLX	Ab Discovery Growth	Pair Corr
0.87	CHCIX	Ab Discovery Growth	Pair Corr
0.87	CHCCX	Ab Discovery Growth	Pair Corr
0.87	CHCYX	Ab Discovery Growth	Pair Corr
0.7	CHCZX	Ab Discovery Growth	Pair Corr
0.7	CIAGX	Ab Centrated Interna	Pair Corr
0.7	CICGX	Ab Centrated Interna	Pair Corr

Moving against APGCX Mutual Fund

0.57	SUTAX	Ab Sustainable Thematic	Pair Corr
0.57	SUTCX	Ab Sustainable Thematic	Pair Corr
0.57	SUTZX	Ab Sustainable Thematic	Pair Corr

Related Correlations Analysis

	GCEAX	GCECX	GCEYX	AMTAX	AMTZX	AMTYX	AMTOX	ANAZX	ANAYX	ANAGX
GCEAX		1.0	1.0	0.66	0.66	0.66	0.66	0.42	0.39	0.44	GCEAX
GCECX	1.0		1.0	0.66	0.66	0.66	0.66	0.42	0.39	0.43	GCECX
GCEYX	1.0	1.0		0.67	0.67	0.67	0.67	0.43	0.39	0.44	GCEYX
AMTAX	0.66	0.66	0.67		1.0	1.0	1.0	0.83	0.83	0.84	AMTAX
AMTZX	0.66	0.66	0.67	1.0		1.0	1.0	0.83	0.83	0.84	AMTZX
AMTYX	0.66	0.66	0.67	1.0	1.0		1.0	0.83	0.83	0.84	AMTYX
AMTOX	0.66	0.66	0.67	1.0	1.0	1.0		0.83	0.83	0.84	AMTOX
ANAZX	0.42	0.42	0.43	0.83	0.83	0.83	0.83		0.99	1.0	ANAZX
ANAYX	0.39	0.39	0.39	0.83	0.83	0.83	0.83	0.99		0.98	ANAYX
ANAGX	0.44	0.43	0.44	0.84	0.84	0.84	0.84	1.0	0.98		ANAGX
	GCEAX	GCECX	GCEYX	AMTAX	AMTZX	AMTYX	AMTOX	ANAZX	ANAYX	ANAGX

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between APGCX Mutual Fund performing well and Ab Large 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 Ab Large'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
GCEAX	0.70	0.20	0.21	0.40	0.41	(0.86)	1.36	(1.30)	11.09
GCECX	0.70	0.20	0.22	0.42	0.38	(0.90)	1.27	(1.28)	11.42
GCEYX	0.70	0.20	0.21	0.42	0.39	(0.90)	1.30	(1.30)	11.04
AMTAX	0.56	0.18	0.13	0.50	0.57	(0.61)	1.17	(1.01)	3.68
AMTZX	0.57	0.18	0.13	0.49	0.62	(0.62)	1.10	(1.12)	3.57
AMTYX	0.56	0.18	0.13	0.50	0.59	(0.61)	1.18	(1.01)	3.70
AMTOX	0.57	0.18	0.13	0.50	0.62	(0.64)	1.11	(1.04)	3.61
ANAZX	0.10	0.01	(0.33)	0.67	0.00	(0.17)	0.29	(0.29)	0.58
ANAYX	0.10	0.01	(0.27)	0.48	0.00	(0.16)	0.14	(0.29)	0.72
ANAGX	0.10	0.01	(0.32)	0.50	0.00	(0.17)	0.29	(0.29)	0.58

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

2026 Macroaxis LLC