Aim Counselor Correlations
| MLNFXDelisted Fund | USD 15.05 0.00 0.00% |
The current 90-days correlation between Aim Counselor Series and T Rowe Price is -0.12 (i.e., Good diversification). The correlation of Aim Counselor 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 Counselor Correlation With Market
Good diversification
The correlation between Aim Counselor Series and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aim Counselor Series and DJI in the same portfolio, assuming nothing else is changed.
Aim |
Moving together with Aim Mutual Fund
Moving against Aim Mutual Fund
| 0.67 | HD | Home Depot | PairCorr |
| 0.66 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.56 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.56 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.54 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.52 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.51 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.5 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.5 | VFINX | Vanguard 500 Index | PairCorr |
| 0.5 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.49 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.49 | VTSMX | Vanguard Total Stock | PairCorr |
| 0.49 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.49 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.49 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.49 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.48 | VITSX | Vanguard Total Stock | PairCorr |
| 0.48 | HPQ | HP Inc | PairCorr |
| 0.48 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.45 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.37 | WMT | Walmart Aggressive Push | PairCorr |
| 0.34 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
Related Correlations Analysis
| 0.98 | 0.94 | 0.99 | 0.97 | 0.99 | PARKX | ||
| 0.98 | 0.89 | 0.99 | 0.92 | 0.98 | FLSOX | ||
| 0.94 | 0.89 | 0.89 | 0.99 | 0.87 | RRTLX | ||
| 0.99 | 0.99 | 0.89 | 0.93 | 1.0 | TRLNX | ||
| 0.97 | 0.92 | 0.99 | 0.93 | 0.92 | TRRAX | ||
| 0.99 | 0.98 | 0.87 | 1.0 | 0.92 | TBLLX | ||
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Risk-Adjusted Indicators
There is a big difference between Aim Mutual Fund performing well and Aim Counselor 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 Counselor'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PARKX | 0.41 | (0.03) | (0.14) | 0.08 | 0.49 | 0.83 | 2.42 | |||
| FLSOX | 0.52 | (0.04) | (0.10) | 0.08 | 0.63 | 1.08 | 3.08 | |||
| RRTLX | 0.23 | (0.02) | (0.30) | 0.07 | 0.23 | 0.48 | 1.36 | |||
| TRLNX | 0.49 | (0.03) | (0.09) | 0.08 | 0.60 | 0.99 | 3.01 | |||
| TRRAX | 0.25 | (0.02) | (0.26) | 0.08 | 0.29 | 0.50 | 1.58 | |||
| TBLLX | 0.51 | (0.03) | (0.08) | 0.09 | 0.65 | 0.98 | 3.23 |
Aim Counselor 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 Counselor mutual fund to make a market-neutral strategy. Peer analysis of Aim Counselor could also be used in its relative valuation, which is a method of valuing Aim Counselor by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Aim Counselor Series?
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.