Icm Small Correlations
| ICSCX Fund | USD 32.42 0.53 1.61% |
The current 90-days correlation between Icm Small Pany and Amg Managers Montag is 0.53 (i.e., Very weak diversification). The correlation of Icm Small 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.
Icm Small Correlation With Market
Significant diversification
The correlation between Icm Small Pany and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Icm Small Pany and DJI in the same portfolio, assuming nothing else is changed.
Icm |
Moving together with Icm Mutual Fund
| 0.77 | WSMDX | William Blair Small | PairCorr |
| 0.77 | WSMRX | William Blair Small | PairCorr |
| 0.87 | WSMNX | William Blair Small | PairCorr |
| 0.76 | WBCIX | William Blair Small | PairCorr |
| 0.85 | WBCRX | William Blair Small | PairCorr |
| 0.69 | WBGSX | William Blair Growth | PairCorr |
| 0.95 | WBSNX | William Blair Small | PairCorr |
| 0.95 | WBSIX | William Blair Small | PairCorr |
| 0.83 | WBSRX | William Blair Small | PairCorr |
| 0.88 | WBVNX | William Blair Small | PairCorr |
| 0.88 | WBVRX | William Blair Small | PairCorr |
| 0.79 | WVMIX | William Blair Mid | PairCorr |
| 0.79 | WVMRX | William Blair Mid | PairCorr |
| 0.69 | BGFRX | William Blair Growth | PairCorr |
| 0.69 | BGFIX | William Blair Growth | PairCorr |
Moving against Icm Mutual Fund
| 0.33 | WBIIX | William Blair Instit | PairCorr |
| 0.33 | WBIGX | William Blair Intern | PairCorr |
| 0.32 | WBIRX | William Blair Intern | PairCorr |
| 0.39 | WILJX | William Blair Intern | PairCorr |
| 0.39 | WILIX | William Blair Intern | PairCorr |
| 0.39 | WILNX | William Blair Intern | PairCorr |
| 0.36 | WIISX | William Blair Intern | PairCorr |
| 0.36 | WISIX | William Blair Intern | PairCorr |
| 0.36 | WISNX | William Blair Intern | PairCorr |
Related Correlations Analysis
| 0.03 | 0.76 | 0.77 | -0.44 | MCGIX | ||
| 0.03 | -0.08 | 0.0 | 0.8 | RERFX | ||
| 0.76 | -0.08 | 0.87 | -0.45 | HACAX | ||
| 0.77 | 0.0 | 0.87 | -0.34 | CRIMX | ||
| -0.44 | 0.8 | -0.45 | -0.34 | CIVVX | ||
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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 Icm Mutual Fund performing well and Icm Small 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 Icm Small'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MCGIX | 0.66 | 0.02 | (0.10) | (0.31) | 0.97 | 1.50 | 4.55 | |||
| RERFX | 0.61 | (0.06) | 0.00 | 2.18 | 0.00 | 1.14 | 4.01 | |||
| HACAX | 0.77 | (0.01) | (0.01) | 0.11 | 1.09 | 1.72 | 5.13 | |||
| CRIMX | 0.63 | (0.01) | (0.03) | 0.11 | 0.59 | 1.55 | 3.86 | |||
| CIVVX | 0.69 | (0.15) | 0.00 | (0.20) | 0.00 | 1.41 | 4.47 |