Hsbc Us Correlations
| HUCXX Fund | USD 1.00 0.00 0.00% |
The correlation of Hsbc Us 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.
Hsbc |
Related Correlations Analysis
| 0.85 | 0.78 | 0.86 | 0.81 | 0.63 | BOSVX | ||
| 0.85 | 0.9 | 0.97 | 0.93 | 0.84 | SILLX | ||
| 0.78 | 0.9 | 0.93 | 0.97 | 0.75 | OPTCX | ||
| 0.86 | 0.97 | 0.93 | 0.94 | 0.83 | ADGAX | ||
| 0.81 | 0.93 | 0.97 | 0.94 | 0.86 | LMUSX | ||
| 0.63 | 0.84 | 0.75 | 0.83 | 0.86 | SMPIX | ||
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Risk-Adjusted Indicators
There is a big difference between Hsbc Money Market Fund performing well and Hsbc Us 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 Hsbc Us' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BOSVX | 0.98 | (0.04) | 0.02 | 0.07 | 0.86 | 2.15 | 8.98 | |||
| SILLX | 0.58 | (0.02) | (0.04) | 0.08 | 0.73 | 1.44 | 3.90 | |||
| OPTCX | 0.16 | 0.04 | (0.32) | 1.34 | 0.00 | 0.41 | 1.07 | |||
| ADGAX | 0.57 | (0.02) | (0.03) | 0.08 | 0.73 | 1.11 | 4.36 | |||
| LMUSX | 0.63 | 0.12 | 0.02 | (11.72) | 0.75 | 1.52 | 4.15 | |||
| SMPIX | 2.78 | 0.14 | 0.00 | (0.56) | 4.06 | 5.38 | 18.07 |