Amg Chicago Correlations
| MBEYXDelisted Fund | USD 15.32 0.00 0.00% |
The current 90-days correlation between Amg Chicago Equity and Amg Chicago Equity is 1.0 (i.e., No risk reduction). The correlation of Amg Chicago 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 Chicago Correlation With Market
Good diversification
The correlation between Amg Chicago Equity and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amg Chicago Equity and DJI in the same portfolio, assuming nothing else is changed.
Amg |
Moving together with Amg Mutual Fund
| 0.76 | MLPNX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.76 | MLPLX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.76 | MLPMX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.77 | LSHAX | Horizon Spin Off Steady Growth | PairCorr |
| 0.76 | OSPPX | Oppenheimer Steelpath Mlp | PairCorr |
| 0.76 | SPMPX | Invesco Steelpath Mlp | PairCorr |
| 0.76 | SPMJX | Invesco Steelpath Mlp | PairCorr |
| 0.72 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.77 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.69 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.82 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.79 | BAC | Bank of America Aggressive Push | PairCorr |
Moving against Amg Mutual Fund
| 0.35 | TGLDX | Tocqueville Gold | PairCorr |
| 0.31 | RIRAX | Capital Income Builder | PairCorr |
| 0.31 | CIRCX | Capital Income Builder | PairCorr |
| 0.7 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.62 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.49 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.41 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
Related Correlations Analysis
| 0.55 | 1.0 | 0.63 | 0.32 | MBEAX | ||
| 0.55 | 0.55 | 0.64 | 0.54 | MFDYX | ||
| 1.0 | 0.55 | 0.63 | 0.32 | MBESX | ||
| 0.63 | 0.64 | 0.63 | 0.69 | GWETX | ||
| 0.32 | 0.54 | 0.32 | 0.69 | ABINX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Amg Mutual Fund performing well and Amg Chicago 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 Chicago'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MBEAX | 0.45 | 0.05 | (0.16) | (0.25) | 0.46 | 0.91 | 2.33 | |||
| MFDYX | 0.06 | 0.03 | 0.00 | (2.70) | 0.00 | 0.11 | 0.68 | |||
| MBESX | 0.45 | 0.05 | (0.16) | (0.26) | 0.46 | 0.83 | 2.36 | |||
| GWETX | 0.87 | 0.16 | 0.06 | 1.08 | 0.77 | 1.98 | 8.26 | |||
| ABINX | 0.36 | 0.03 | (0.17) | 1.15 | 0.45 | 0.77 | 2.37 |
Amg Chicago 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 Amg Chicago mutual fund to make a market-neutral strategy. Peer analysis of Amg Chicago could also be used in its relative valuation, which is a method of valuing Amg Chicago by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Amg Chicago Equity?
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.