Emerging Markets Correlations
| DEMSX Fund | USD 22.83 0.13 0.57% |
The correlation of Emerging Markets 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.
Emerging Markets Correlation With Market
Modest diversification
The correlation between Emerging Markets Small and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Emerging Markets Small and DJI in the same portfolio, assuming nothing else is changed.
Emerging |
Moving together with Emerging Mutual Fund
| 0.89 | DIHRX | Intal High Relative | PairCorr |
| 0.9 | DILRX | Dfa International | PairCorr |
| 0.8 | DIPSX | Dfa Inflation Protected | PairCorr |
| 0.86 | DISVX | Dfa International Small | PairCorr |
| 0.92 | DISMX | Dfa International | PairCorr |
| 0.64 | DRIHX | Dimensional 2040 Target | PairCorr |
| 0.73 | DRIGX | Dimensional 2035 Target | PairCorr |
| 0.66 | DRIBX | Dimensional 2010 Target | PairCorr |
| 0.73 | DRIWX | Dimensional 2030 Target | PairCorr |
| 0.76 | DRIUX | Dimensional 2025 Target | PairCorr |
| 0.75 | DRIRX | Dimensional 2020 Target | PairCorr |
| 0.67 | DRIQX | Dimensional 2015 Target | PairCorr |
| 0.94 | DAADX | Dfa Emerging Markets | PairCorr |
| 0.78 | DRXIX | Dfa Ltip Portfolio | PairCorr |
| 0.81 | DSCLX | Dfa International Social | PairCorr |
| 0.69 | DSFIX | Dfa Social Fixed | PairCorr |
| 0.61 | DSHGX | Dfa Selectively Hedged | PairCorr |
| 0.93 | DEMGX | Emerging Markets Targeted | PairCorr |
Moving against Emerging Mutual Fund
| 0.59 | DNYMX | Dfa Ny Municipal | PairCorr |
| 0.54 | DMNBX | Dfa Mn Municipal | PairCorr |
| 0.76 | DFAIX | Dfa Short Duration | PairCorr |
| 0.71 | DTCPX | Dfa Targeted Credit | PairCorr |
| 0.42 | DCMSX | Dfa Commodity Strategy | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ELMXX | ||
| 0.0 | -0.01 | 0.25 | 0.0 | 0.0 | SWGXX | ||
| 0.0 | -0.01 | 0.1 | 0.0 | 0.0 | TWARX | ||
| 0.0 | 0.25 | 0.1 | 0.0 | 0.0 | DVPXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | AEYXX | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | LCCXX | ||
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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 Emerging Mutual Fund performing well and Emerging Markets 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 Emerging Markets' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ELMXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SWGXX | 0.03 | 0.01 | 0.00 | (0.31) | 0.00 | 0.00 | 1.01 | |||
| TWARX | 0.07 | 0.00 | (0.01) | 0.36 | 0.01 | 0.22 | 0.67 | |||
| DVPXX | 0.03 | 0.01 | 0.00 | (0.26) | 0.00 | 0.00 | 1.01 | |||
| AEYXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LCCXX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |