Aim International Correlations
| INEQXDelisted Fund | USD 22.46 0.00 0.00% |
The current 90-days correlation between Aim International Mutual and Prudential Jennison Financial is -0.1 (i.e., Good diversification). The correlation of Aim International 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.
Aim International Correlation With Market
Good diversification
The correlation between Aim International Mutual and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aim International Mutual and DJI in the same portfolio, assuming nothing else is changed.
Aim |
Moving together with Aim Mutual Fund
| 0.62 | XPPRX | Voya Prime Rate | PairCorr |
| 0.71 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.7 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.64 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.64 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.7 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.71 | WMT | Walmart Aggressive Push | PairCorr |
Moving against Aim Mutual Fund
| 0.63 | FSPSX | Fidelity International | PairCorr |
| 0.63 | XNXJX | Nuveen New Jersey | PairCorr |
| 0.6 | VTMGX | Vanguard Developed | PairCorr |
| 0.6 | VDVIX | Vanguard Developed | PairCorr |
| 0.6 | VTMNX | Vanguard Developed | PairCorr |
| 0.6 | VDIPX | Vanguard Developed | PairCorr |
| 0.57 | NXJ | Nuveen New Jersey | PairCorr |
| 0.55 | XNBHX | Neuberger Berman Int | PairCorr |
| 0.5 | VGTSX | Vanguard Total Inter | PairCorr |
| 0.5 | VTIAX | Vanguard Total Inter | PairCorr |
| 0.5 | VTSNX | Vanguard Total Inter | PairCorr |
| 0.5 | VTPSX | Vanguard Total Inter | PairCorr |
| 0.5 | VTISX | Vanguard Total Inter | PairCorr |
| 0.43 | XDSMX | Dreyfus Strategic | PairCorr |
| 0.31 | CIF | Mfs Intermediate High | PairCorr |
| 0.65 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.61 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.47 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.45 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
Related Correlations Analysis
| 0.99 | 0.99 | 0.7 | 0.17 | PFSQX | ||
| 0.99 | 0.99 | 0.68 | 0.15 | RPFGX | ||
| 0.99 | 0.99 | 0.68 | 0.16 | SBFAX | ||
| 0.7 | 0.68 | 0.68 | 0.45 | XFINX | ||
| 0.17 | 0.15 | 0.16 | 0.45 | MCBXX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Aim Mutual Fund performing well and Aim International 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 Aim International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PFSQX | 0.80 | 0.04 | 0.11 | 0.16 | 0.51 | 1.58 | 8.34 | |||
| RPFGX | 0.80 | 0.04 | 0.10 | 0.16 | 0.51 | 1.85 | 7.59 | |||
| SBFAX | 0.80 | 0.06 | 0.11 | 0.17 | 0.51 | 1.72 | 8.60 | |||
| XFINX | 0.11 | 0.02 | (0.28) | 0.47 | 0.13 | 0.22 | 1.00 | |||
| MCBXX | 0.03 | 0.00 | 0.00 | 0.48 | 0.00 | 0.00 | 1.01 |
Aim International Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Aim International mutual fund to make a market-neutral strategy. Peer analysis of Aim International could also be used in its relative valuation, which is a method of valuing Aim International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Aim International Mutual?
Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.