Global Real Correlations

ARYDX Fund

USD 13.00 0.16 1.25%

The current 90-days correlation between Global Real Estate and Ab Small Cap is 0.15 (i.e., Average diversification). The correlation of Global Real 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.

Global Real Correlation With Market

Weak diversification

The correlation between Global Real Estate and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Global Real Estate 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 Global Real Estate. 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 Global Mutual Fund

0.72	DFGEX	Dfa Global Real	Pair Corr
0.7	PGRKX	Global Real Estate	Pair Corr
0.7	PGRUX	Global Real Estate	Pair Corr
0.74	MGLAX	Mfs Global Real	Pair Corr
0.74	MGLIX	Mfs Global Real	Pair Corr
0.77	BRUFX	Bruce Fund Bruce	Pair Corr
0.86	HPQ	HP Inc	Pair Corr
0.74	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.69	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.63	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr

Moving against Global Mutual Fund

0.35	XGEIX	Guggenheim Energy Income	Pair Corr
0.73	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.34	WMT	Walmart	Pair Corr

Related Correlations Analysis

	SCYVX	TRBCX	LIOTX	OTPSX	PBXIX
SCYVX		0.45	0.79	0.38	0.95	SCYVX
TRBCX	0.45		0.73	0.98	0.54	TRBCX
LIOTX	0.79	0.73		0.69	0.9	LIOTX
OTPSX	0.38	0.98	0.69		0.47	OTPSX
PBXIX	0.95	0.54	0.9	0.47		PBXIX
	SCYVX	TRBCX	LIOTX	OTPSX	PBXIX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Global Mutual Fund performing well and Global Real 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 Global Real'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
SCYVX	0.90	(0.01)	(0.01)	(0.01)	1.27	(0.96)	1.75	(1.46)	10.44
TRBCX	0.74	0.12	0.09	1.01	0.91	(0.73)	1.57	(1.50)	5.70
LIOTX	0.80	0.08	0.05	0.23	1.13	(0.85)	1.46	(1.71)	6.56
OTPSX	0.81	0.10	0.07	0.79	1.02	(0.89)	1.85	(1.57)	6.34
PBXIX	0.37	(0.01)	(0.03)	(0.03)	0.51	(0.42)	0.87	(0.70)	3.26

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