Amg Gwk Correlations

GWGVX Fund

USD 20.12 0.38 1.93%

The correlation of Amg Gwk 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.

Amg Gwk Correlation With Market

Good diversification

The correlation between Amg Gwk Smallmid and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amg Gwk Smallmid and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Amg Gwk Smallmid. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in real.

Moving together with Amg Mutual Fund

0.72	VIMAX	Vanguard Mid Cap	Pair Corr
0.92	VIMSX	Vanguard Mid Cap	Pair Corr
0.84	VMCPX	Vanguard Mid Cap	Pair Corr
0.72	VMCIX	Vanguard Mid Cap	Pair Corr
0.89	VEXAX	Vanguard Extended Market	Pair Corr
0.8	VEMPX	Vanguard Extended Market	Pair Corr
0.74	VIEIX	Vanguard Extended Market	Pair Corr
0.97	VSEMX	Vanguard Extended Market	Pair Corr
0.8	VEXMX	Vanguard Extended Market	Pair Corr
0.74	FSMAX	Fidelity Extended Market	Pair Corr
0.75	LSHCX	Horizon Spin Off Steady Growth	Pair Corr
0.75	KNPAX	Kinetics Paradigm Steady Growth	Pair Corr
0.75	KMKAX	Kinetics Market Oppo Steady Growth	Pair Corr
0.75	KNPYX	Kinetics Paradigm Steady Growth	Pair Corr
0.65	SMPSX	Semiconductor Ultrasector	Pair Corr
0.75	KNPCX	Kinetics Paradigm Steady Growth	Pair Corr
0.75	KMKCX	Kinetics Market Oppo Steady Growth	Pair Corr
0.73	LSHUX	Horizon Spin Off Steady Growth	Pair Corr
0.75	WWNPX	Kinetics Paradigm Steady Growth	Pair Corr
0.74	VTSMX	Vanguard Total Stock	Pair Corr
0.73	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.66	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.66	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.71	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.66	DIS	Walt Disney Aggressive Push	Pair Corr
0.68	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr

Moving against Amg Mutual Fund

0.77	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.7	KO	Coca Cola Aggressive Push	Pair Corr
0.63	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.62	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.43	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	DSHXX	CHNTX	GMCXX	PRXXX	TRZXX	PRRXX	UATXX
DSHXX		0.77	1.0	0.4	1.0	0.43	1.0	DSHXX
CHNTX	0.77		0.77	0.43	0.77	0.46	0.77	CHNTX
GMCXX	1.0	0.77		0.4	1.0	0.43	1.0	GMCXX
PRXXX	0.4	0.43	0.4		0.4	0.93	0.4	PRXXX
TRZXX	1.0	0.77	1.0	0.4		0.43	1.0	TRZXX
PRRXX	0.43	0.46	0.43	0.93	0.43		0.43	PRRXX
UATXX	1.0	0.77	1.0	0.4	1.0	0.43		UATXX
	DSHXX	CHNTX	GMCXX	PRXXX	TRZXX	PRRXX	UATXX

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Risk-Adjusted Indicators

There is a big difference between Amg Mutual Fund performing well and Amg Gwk 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 Amg Gwk'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
DSHXX	0.03	0.01	0.00	(0.38)	0.00	0.00	0.00	0.00	1.01
CHNTX	0.50	0.10	(0.01)	(1.29)	0.45	(0.57)	0.97	(0.80)	3.50
GMCXX	0.03	0.01	0.00	(0.38)	0.00	0.00	0.00	0.00	1.01
PRXXX	0.03	0.00	0.00	0.45	0.00	0.00	0.00	0.00	1.01
TRZXX	0.03	0.01	0.00	(0.38)	0.00	0.00	0.00	0.00	1.01
PRRXX	0.03	0.01	0.00	(0.12)	0.00	0.00	0.00	0.00	1.01
UATXX	0.03	0.01	0.00	(0.38)	0.00	0.00	0.00	0.00	1.01

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