Aristotle International Correlations

ARAFX Fund

10.73 0.05 0.47%

The current 90-days correlation between Aristotle International and Aristotle Funds Series is 0.42 (i.e., Very weak diversification). 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

Very weak diversification

The correlation between Aristotle International Eq and DJI is 0.4 (i.e., Very weak 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

0.95	ARIOX	Aristotle/saul Global	Pair Corr
1.0	ARIFX	Wilmington Intermediate-ter	Pair Corr
0.62	PLEBX	Pacific Funds Esg	Pair Corr
0.62	PLEDX	Pacific Funds Esg	Pair Corr
1.0	AIFFX	Aristotle International	Pair Corr
0.74	AIOOX	Aristotle/saul Global	Pair Corr
0.94	VGTSX	Vanguard Total Inter	Pair Corr
0.94	VTIAX	Vanguard Total Inter	Pair Corr
0.94	VTSNX	Vanguard Total Inter	Pair Corr
0.94	VTPSX	Vanguard Total Inter	Pair Corr
0.94	VTISX	Vanguard Total Inter	Pair Corr
0.89	VTMGX	Vanguard Developed	Pair Corr
0.93	VDVIX	Vanguard Developed	Pair Corr
0.89	VTMNX	Vanguard Developed	Pair Corr
0.93	VDIPX	Vanguard Developed	Pair Corr
0.87	FSPSX	Fidelity International	Pair Corr

Moving against Aristotle Mutual Fund

0.35	PLUAX	Aristotle Funds Series	Pair Corr
0.33	ARAGX	Aristotle Funds Series	Pair Corr
0.33	AIGGX	Aristotle Growth Equity	Pair Corr
0.32	ARILX	Aristotle Funds Series	Pair Corr
0.33	UBVSX	Undiscovered Managers	Pair Corr

Related Correlations Analysis

	ARALX	ARAGX	ARAFX	ARAHX	ARABX	ARAQX	ARIOX	ARIQX	ARILX	ARIFX
ARALX		0.99	-0.28	0.89	0.76	0.9	-0.18	0.9	0.95	-0.27	ARALX
ARAGX	0.99		-0.33	0.87	0.75	0.85	-0.23	0.85	0.94	-0.32	ARAGX
ARAFX	-0.28	-0.33		-0.21	-0.18	-0.05	0.95	-0.05	-0.32	1.0	ARAFX
ARAHX	0.89	0.87	-0.21		0.96	0.85	-0.11	0.85	0.94	-0.2	ARAHX
ARABX	0.76	0.75	-0.18	0.96		0.77	-0.05	0.76	0.82	-0.17	ARABX
ARAQX	0.9	0.85	-0.05	0.85	0.77		0.1	1.0	0.83	-0.04	ARAQX
ARIOX	-0.18	-0.23	0.95	-0.11	-0.05	0.1		0.09	-0.24	0.95	ARIOX
ARIQX	0.9	0.85	-0.05	0.85	0.76	1.0	0.09		0.83	-0.05	ARIQX
ARILX	0.95	0.94	-0.32	0.94	0.82	0.83	-0.24	0.83		-0.31	ARILX
ARIFX	-0.27	-0.32	1.0	-0.2	-0.17	-0.04	0.95	-0.05	-0.31		ARIFX
	ARALX	ARAGX	ARAFX	ARAHX	ARABX	ARAQX	ARIOX	ARIQX	ARILX	ARIFX

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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

ARIFX	+ 1.0	ARAFX
ARIQX	+ 1.0	ARAQX
ARAGX	+ 0.99	ARALX
ARABX	+ 0.96	ARAHX
ARILX	+ 0.95	ARALX
ARIOX	+ 0.95	ARAFX

High negative correlations

ARAFX	- 0.33	ARAGX
ARILX	- 0.32	ARAFX
ARIFX	- 0.32	ARAGX
ARIFX	- 0.31	ARILX
ARAFX	- 0.28	ARALX
ARIFX	- 0.27	ARALX

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
ARALX	0.58	0.00	(0.01)	0.12	0.80	(0.63)	1.45	(1.73)	4.24
ARAGX	0.74	(0.01)	(0.01)	0.11	1.06	(0.69)	1.74	(2.24)	5.26
ARAFX	0.58	(0.07)	0.00	(0.05)	0.00	0.00	1.57	(1.10)	3.99
ARAHX	0.74	0.10	(0.01)	1.31	0.82	(0.86)	1.75	(1.37)	6.16
ARABX	0.79	0.07	(0.04)	1.39	0.83	(0.90)	1.74	(1.38)	7.00
ARAQX	0.54	(0.03)	(0.07)	0.09	0.54	(0.65)	1.21	(1.05)	3.57
ARIOX	0.52	(0.09)	0.00	(0.04)	0.00	0.00	1.16	(1.08)	3.39
ARIQX	0.54	(0.03)	(0.06)	0.09	0.55	(0.63)	1.24	(1.07)	3.74
ARILX	0.63	0.09	(0.03)	(1.83)	0.88	(0.66)	1.42	(1.69)	4.22
ARIFX	0.58	(0.07)	0.00	(0.05)	0.00	0.00	1.63	(1.11)	3.97

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