Aristotle International Correlations

ARAFX Fund

10.49 0.26 2.54%

The correlation of Aristotle International 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 International Correlation With Market

Modest diversification

The correlation between Aristotle International Eq and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aristotle International Eq 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 International Eq. 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 census.

Moving together with Aristotle Mutual Fund

0.66	ARAOX	Aristotlesaul Global	Pair Corr
0.76	ARAQX	Aristotle Value Eq	Pair Corr
0.66	ARIOX	Aristotle/saul Global	Pair Corr
0.76	ARIQX	Aristotle Value Eq	Pair Corr
0.74	ARIFX	Wilmington Intermediate-ter	Pair Corr
0.76	ARRQX	Aristotle Value Equity	Pair Corr
0.73	PLEBX	Pacific Funds Esg	Pair Corr
0.72	PLEDX	Pacific Funds Esg	Pair Corr
0.74	AIFFX	Aristotle International	Pair Corr
0.66	AIOOX	Aristotle/saul Global	Pair Corr
0.76	AIQQX	Aristotle Funds Series	Pair Corr
0.66	AISHX	Aristotle Funds Series	Pair Corr
0.71	VGTSX	Vanguard Total Inter	Pair Corr
0.71	VTIAX	Vanguard Total Inter	Pair Corr
0.79	VTSNX	Vanguard Total Inter	Pair Corr
0.79	VTPSX	Vanguard Total Inter	Pair Corr
0.88	VTISX	Vanguard Total Inter	Pair Corr
0.93	VTMGX	Vanguard Developed	Pair Corr
0.89	VDVIX	Vanguard Developed	Pair Corr
0.94	VTMNX	Vanguard Developed	Pair Corr
0.89	VDIPX	Vanguard Developed	Pair Corr
0.74	FSPSX	Fidelity International	Pair Corr

Moving against Aristotle Mutual Fund

0.53	PLUAX	Aristotle Funds Series	Pair Corr
0.58	RYMEX	Commodities Strategy	Pair Corr
0.57	RYMJX	Commodities Strategy	Pair Corr
0.51	RYMBX	Commodities Strategy	Pair Corr
0.49	PFLLX	Putnam Floating Rate	Pair Corr

Related Correlations Analysis

	LCCXX	SSAGX	IVMXX	DVPXX	RYAQX	FCSCX
LCCXX		0.0	0.0	0.0	0.0	0.0	LCCXX
SSAGX	0.0		0.0	0.58	0.68	0.98	SSAGX
IVMXX	0.0	0.0		0.0	0.0	0.0	IVMXX
DVPXX	0.0	0.58	0.0		0.41	0.49	DVPXX
RYAQX	0.0	0.68	0.0	0.41		0.58	RYAQX
FCSCX	0.0	0.98	0.0	0.49	0.58		FCSCX
	LCCXX	SSAGX	IVMXX	DVPXX	RYAQX	FCSCX

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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

FCSCX	+ 0.98	SSAGX
RYAQX	+ 0.68	SSAGX
DVPXX	+ 0.58	SSAGX
FCSCX	+ 0.58	RYAQX
FCSCX	+ 0.49	DVPXX
RYAQX	+ 0.41	DVPXX

High negative correlations

FCSCX	- 0.0	IVMXX
RYAQX	- 0.0	IVMXX
DVPXX	- 0.0	IVMXX
IVMXX	- 0.0	SSAGX
FCSCX	- 0.0	LCCXX
RYAQX	- 0.0	LCCXX

Risk-Adjusted Indicators

There is a big difference between Aristotle Mutual Fund performing well and Aristotle International 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 International'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
LCCXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SSAGX	0.05	0.01	(0.16)	0.73	0.00	(0.20)	0.10	(0.10)	0.51
IVMXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DVPXX	0.03	0.01	0.00	(0.96)	0.00	0.00	0.00	0.00	1.01
RYAQX	0.67	0.12	0.11	(0.75)	0.68	(0.77)	1.52	(1.32)	5.22
FCSCX	0.05	0.00	(0.17)	0.13	0.00	(0.27)	0.13	(0.13)	0.67

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