Ubs Engage Correlations
EIPTX Fund | USD 13.44 0.09 0.67% |
The current 90-days correlation between Ubs Engage For and John Hancock Funds is 0.25 (i.e., Modest diversification). The correlation of Ubs Engage 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.
Ubs |
Moving together with Ubs Mutual Fund
0.64 | FCWGX | American Funds Capital | PairCorr |
0.63 | FWCGX | American Funds Capital | PairCorr |
0.64 | CWGIX | Capital World Growth | PairCorr |
0.64 | CWGFX | Capital World Growth | PairCorr |
0.65 | CWGCX | Capital World Growth | PairCorr |
0.64 | RWIFX | Capital World Growth | PairCorr |
0.65 | CWICX | Capital World Growth | PairCorr |
0.65 | RWIAX | Capital World Growth | PairCorr |
0.64 | CWIAX | Capital World Growth | PairCorr |
0.64 | WGIFX | Capital World Growth | PairCorr |
0.61 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
0.72 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
Related Correlations Analysis
0.83 | 0.89 | 0.76 | 0.77 | 0.68 | JABKX | ||
0.83 | 0.99 | 0.99 | 0.99 | 0.95 | TRRJX | ||
0.89 | 0.99 | 0.97 | 0.97 | 0.93 | TBLDX | ||
0.76 | 0.99 | 0.97 | 0.99 | 0.97 | TRLNX | ||
0.77 | 0.99 | 0.97 | 0.99 | 0.96 | JTSQX | ||
0.68 | 0.95 | 0.93 | 0.97 | 0.96 | SCGCX | ||
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Risk-Adjusted Indicators
There is a big difference between Ubs Mutual Fund performing well and Ubs Engage 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 Ubs Engage'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
JABKX | 0.26 | (0.02) | (0.29) | 0.08 | 0.27 | 0.55 | 1.35 | |||
TRRJX | 0.40 | (0.03) | (0.14) | 0.08 | 0.47 | 0.78 | 2.44 | |||
TBLDX | 0.29 | (0.02) | (0.20) | 0.09 | 0.31 | 0.60 | 1.68 | |||
TRLNX | 0.49 | (0.03) | (0.09) | 0.08 | 0.60 | 0.99 | 3.01 | |||
JTSQX | 0.50 | (0.03) | (0.11) | 0.08 | 0.61 | 1.12 | 3.11 | |||
SCGCX | 0.42 | (0.02) | (0.11) | 0.09 | 0.46 | 0.87 | 2.67 |