City National Correlations
| CNFXX Fund | USD 1.00 0.00 0.00% |
The correlation of City National 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.
City |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between City Money Market Fund performing well and City National Money Market 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 City National'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NSIOX | 0.19 | 0.01 | (0.17) | 0.35 | 0.22 | 0.50 | 1.62 | |||
| SNCAX | 0.13 | (0.01) | (0.35) | (0.10) | 0.19 | 0.29 | 0.94 | |||
| TIMTX | 0.19 | 0.00 | (0.21) | 0.06 | 0.25 | 0.38 | 1.50 | |||
| OWCAX | 0.11 | 0.00 | (0.31) | (0.01) | 0.13 | 0.21 | 0.83 | |||
| MSTPX | 0.14 | 0.00 | (0.27) | 0.06 | 0.18 | 0.30 | 1.31 | |||
| TWTIX | 0.15 | 0.00 | (0.25) | 0.12 | 0.19 | 0.37 | 1.31 | |||
| GABTX | 0.57 | (0.03) | (0.08) | 0.01 | 1.09 | 0.98 | 4.71 |