Anchor Risk Correlations
| ATGSXDelisted Fund | USD 10.65 0.00 0.00% |
The current 90-days correlation between Anchor Risk Managed and Ab Select Longshort is 0.01 (i.e., Significant diversification). The correlation of Anchor Risk 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.
Anchor Risk Correlation With Market
Significant diversification
The correlation between Anchor Risk Managed and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Anchor Risk Managed and DJI in the same portfolio, assuming nothing else is changed.
Anchor |
Moving against Anchor Mutual Fund
| 0.53 | T | ATT Inc Aggressive Push | PairCorr |
| 0.46 | HD | Home Depot | PairCorr |
| 0.38 | PG | Procter Gamble | PairCorr |
| 0.32 | HPQ | HP Inc | PairCorr |
Related Correlations Analysis
| 0.72 | 0.74 | 0.62 | 0.91 | 0.68 | ASCLX | ||
| 0.72 | 0.94 | 0.89 | 0.68 | 0.88 | CWFIX | ||
| 0.74 | 0.94 | 0.92 | 0.7 | 0.94 | VMSSX | ||
| 0.62 | 0.89 | 0.92 | 0.57 | 0.93 | FTFZX | ||
| 0.91 | 0.68 | 0.7 | 0.57 | 0.66 | BPIRX | ||
| 0.68 | 0.88 | 0.94 | 0.93 | 0.66 | TAAQX | ||
Risk-Adjusted Indicators
There is a big difference between Anchor Mutual Fund performing well and Anchor Risk 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 Anchor Risk'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ASCLX | 0.58 | 0.25 | 0.39 | 1.03 | 0.00 | 0.68 | 17.14 | |||
| CWFIX | 0.07 | 0.01 | (0.18) | 0.19 | 0.00 | 0.11 | 0.83 | |||
| VMSSX | 0.07 | 0.00 | (0.18) | 0.12 | 0.00 | 0.22 | 0.66 | |||
| FTFZX | 0.03 | 0.00 | 0.00 | 0.09 | 0.00 | 0.10 | 0.39 | |||
| BPIRX | 0.55 | 0.16 | 0.22 | 0.43 | 0.03 | 1.11 | 10.40 | |||
| TAAQX | 0.07 | 0.01 | (0.38) | 0.51 | 0.00 | 0.20 | 0.61 |
Anchor Risk Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Anchor Risk mutual fund to make a market-neutral strategy. Peer analysis of Anchor Risk could also be used in its relative valuation, which is a method of valuing Anchor Risk by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Anchor Risk Managed?
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