Vest Bitcoin Correlations
| BTCRX Fund | 21.28 0.00 0.00% |
The correlation of Vest Bitcoin 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.
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Risk-Adjusted Indicators
There is a big difference between Vest Mutual Fund performing well and Vest Bitcoin 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 Vest Bitcoin'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TFCCX | 0.50 | 0.02 | (0.02) | 0.14 | 0.38 | 0.93 | 3.59 | |||
| VAAGX | 0.52 | (0.02) | (0.07) | 0.09 | 0.45 | 1.09 | 3.29 | |||
| JLCVX | 0.59 | (0.01) | (0.03) | 0.10 | 0.73 | 0.99 | 4.02 | |||
| SBQAX | 0.64 | 0.03 | 0.03 | 0.14 | 0.64 | 1.41 | 4.87 | |||
| LMTIX | 0.61 | 0.03 | 0.02 | 0.14 | 0.73 | 1.33 | 4.07 | |||
| AMONX | 0.70 | 0.02 | 0.02 | 0.14 | 0.85 | 1.63 | 4.55 | |||
| LBWAX | 0.57 | 0.01 | 0.01 | 0.13 | 0.38 | 1.14 | 4.69 |