Conquer Risk Correlations
| CRDBX Fund | USD 13.38 0.20 1.52% |
The current 90-days correlation between Conquer Risk Defensive and Johcm Emerging Markets is 0.05 (i.e., Significant diversification). The correlation of Conquer 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.
Conquer |
Moving together with Conquer Mutual Fund
Moving against Conquer Mutual Fund
| 0.73 | HLDCX | Hartford Emerging | PairCorr |
| 0.69 | BXEAX | Barings Emerging Markets | PairCorr |
| 0.68 | BXEIX | Barings Emerging Markets | PairCorr |
| 0.68 | HLDRX | Hartford Emerging | PairCorr |
| 0.67 | BXECX | Barings Emerging Markets | PairCorr |
| 0.67 | HLDAX | Hartford Emerging | PairCorr |
| 0.67 | HLDTX | Hartford Emerging | PairCorr |
| 0.66 | HLDIX | Hartford Emerging | PairCorr |
| 0.5 | PAUPX | Pimco All Asset | PairCorr |
| 0.5 | PAUIX | Pimco All Asset | PairCorr |
| 0.44 | PAANX | Pimco All Asset | PairCorr |
| 0.35 | PAALX | All Asset Fund | PairCorr |
| 0.35 | PALPX | Pimco All Asset | PairCorr |
| 0.34 | PAAIX | All Asset Fund | PairCorr |
| 0.33 | PATRX | Pimco All Asset | PairCorr |
| 0.33 | PASAX | All Asset Fund | PairCorr |
| 0.31 | PASCX | All Asset Fund | PairCorr |
| 0.78 | VZ | Verizon Communications Earnings Call This Week | PairCorr |
| 0.66 | T | ATT Inc Earnings Call This Week | PairCorr |
| 0.64 | JNJ | Johnson Johnson | PairCorr |
| 0.61 | KO | Coca Cola | PairCorr |
| 0.45 | XOM | Exxon Mobil Corp | PairCorr |
| 0.34 | CVX | Chevron Corp | PairCorr |
Related Correlations Analysis
| 0.64 | 0.88 | 0.88 | 0.0 | 0.31 | JOEAX | ||
| 0.64 | 0.8 | 0.82 | 0.0 | -0.21 | ARTYX | ||
| 0.88 | 0.8 | 0.98 | 0.0 | 0.22 | PIEFX | ||
| 0.88 | 0.82 | 0.98 | 0.0 | 0.13 | ZEMIX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | FMFXX | ||
| 0.31 | -0.21 | 0.22 | 0.13 | 0.0 | DLTZX | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Conquer Mutual Fund performing well and Conquer 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 Conquer 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JOEAX | 1.10 | 0.00 | 0.05 | (0.11) | 1.67 | 2.15 | 8.91 | |||
| ARTYX | 1.42 | 0.08 | 0.04 | 0.00 | 1.96 | 2.30 | 12.01 | |||
| PIEFX | 1.29 | 0.07 | 0.05 | 0.03 | 1.85 | 2.36 | 9.39 | |||
| ZEMIX | 1.04 | 0.04 | 0.04 | (0.01) | 1.61 | 1.86 | 8.24 | |||
| FMFXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DLTZX | 0.10 | 0.01 | 0.45 | (1.72) | 0.00 | 0.26 | 0.89 |