Amg Gwk Correlations
| MFDYXDelisted Fund | USD 9.01 0.00 0.00% |
The current 90-days correlation between Amg Gwk Enhanced and Angel Oak Ultrashort is -0.06 (i.e., Good diversification). 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 Enhanced and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amg Gwk Enhanced and DJI in the same portfolio, assuming nothing else is changed.
Amg |
Moving together with Amg Mutual Fund
| 0.79 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.8 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.79 | VTSMX | Vanguard Total Stock | PairCorr |
| 0.79 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.79 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.8 | VITSX | Vanguard Total Stock | PairCorr |
| 0.8 | VFINX | Vanguard 500 Index | PairCorr |
| 0.79 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.71 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.85 | WMT | Walmart Aggressive Push | PairCorr |
| 0.82 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.71 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.64 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.81 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.88 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.8 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.69 | HD | Home Depot | PairCorr |
Moving against Amg Mutual Fund
| 0.69 | MWTNX | Metropolitan West Total | PairCorr |
| 0.69 | DODIX | Dodge Income | PairCorr |
| 0.69 | MWTIX | Metropolitan West Total | PairCorr |
| 0.68 | MWTRX | Metropolitan West Total | PairCorr |
| 0.67 | MWTSX | Metropolitan West Total | PairCorr |
| 0.67 | FIWGX | Strategic Advisers | PairCorr |
| 0.66 | PTRRX | Total Return | PairCorr |
| 0.66 | PTRAX | Total Return | PairCorr |
| 0.65 | PTTPX | Pimco Total Return | PairCorr |
| 0.65 | PTTRX | Total Return | PairCorr |
| 0.32 | VGTSX | Vanguard Total Inter | PairCorr |
| 0.84 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.84 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.75 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.7 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.31 | VTIAX | Vanguard Total Inter | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AOUNX | 0.05 | 0.01 | (1.00) | (0.56) | 0.00 | 0.10 | 0.61 | |||
| CDICX | 0.09 | (0.01) | (0.96) | (0.48) | 0.07 | 0.19 | 0.64 | |||
| ASTIX | 0.28 | 0.06 | (0.15) | 1.88 | 0.25 | 0.65 | 1.79 | |||
| RSDIX | 0.08 | 0.00 | (0.85) | (0.27) | 0.00 | 0.21 | 0.72 | |||
| PRMDX | 0.06 | 0.00 | (0.46) | (0.09) | 0.00 | 0.20 | 0.59 | |||
| ASCLX | 0.36 | (0.01) | (0.10) | 0.10 | 0.43 | 0.77 | 2.91 | |||
| FOSPX | 0.09 | 0.00 | (0.85) | 0.10 | 0.01 | 0.22 | 0.55 |
Amg Gwk 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 Gwk mutual fund to make a market-neutral strategy. Peer analysis of Amg Gwk could also be used in its relative valuation, which is a method of valuing Amg Gwk by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Amg Gwk Enhanced?
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.