Bramshill Income Correlations
| BRMSX Fund | USD 9.76 0.01 0.10% |
The current 90-days correlation between Bramshill Income Per and Dodge Cox Stock is 0.35 (i.e., Weak diversification). The correlation of Bramshill Income 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.
Bramshill Income Correlation With Market
Very weak diversification
The correlation between Bramshill Income Performance and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bramshill Income Performance and DJI in the same portfolio, assuming nothing else is changed.
Bramshill |
Moving together with Bramshill Mutual Fund
| 0.64 | NEXTX | Shelton Green Alpha | PairCorr |
| 0.62 | PGDRX | Diversified Real Asset | PairCorr |
| 0.66 | VTINX | Vanguard Target Reti | PairCorr |
| 0.68 | STIRX | Pioneer Strategic Income | PairCorr |
Related Correlations Analysis
| 0.9 | 0.94 | 0.86 | 0.84 | 0.97 | TADGX | ||
| 0.9 | 0.93 | 0.86 | 0.87 | 0.87 | JAAIX | ||
| 0.94 | 0.93 | 0.95 | 0.92 | 0.96 | PLHTX | ||
| 0.86 | 0.86 | 0.95 | 0.92 | 0.91 | HNLVX | ||
| 0.84 | 0.87 | 0.92 | 0.92 | 0.88 | SEGIX | ||
| 0.97 | 0.87 | 0.96 | 0.91 | 0.88 | DOXGX | ||
Risk-Adjusted Indicators
There is a big difference between Bramshill Mutual Fund performing well and Bramshill Income 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 Bramshill Income'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TADGX | 0.51 | 0.03 | 0.01 | 0.12 | 0.51 | 0.98 | 3.17 | |||
| JAAIX | 0.20 | 0.02 | (0.17) | 0.18 | 0.11 | 0.36 | 0.95 | |||
| PLHTX | 0.60 | 0.05 | 0.03 | 0.14 | 0.58 | 1.27 | 5.21 | |||
| HNLVX | 1.02 | 0.42 | 0.59 | 0.55 | 0.00 | 1.29 | 26.68 | |||
| SEGIX | 0.86 | 0.30 | 0.41 | 0.52 | 0.00 | 1.27 | 20.56 | |||
| DOXGX | 0.60 | 0.03 | 0.03 | 0.12 | 0.60 | 1.39 | 3.64 |