Ab All Correlations
| MRKAXDelisted Fund | USD 7.58 0.00 0.00% |
The current 90-days correlation between Ab All Market and Jhancock Short Duration is -0.02 (i.e., Good diversification). The correlation of Ab All 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.
Ab All Correlation With Market
Significant diversification
The correlation between Ab All Market 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 Ab All Market and DJI in the same portfolio, assuming nothing else is changed.
MRKAX |
Moving against MRKAX Mutual Fund
| 0.48 | BXECX | Barings Emerging Markets | PairCorr |
| 0.48 | BXEAX | Barings Emerging Markets | PairCorr |
| 0.47 | BXEIX | Barings Emerging Markets | PairCorr |
| 0.38 | HLDTX | Hartford Emerging | PairCorr |
| 0.37 | HLDRX | Hartford Emerging | PairCorr |
| 0.37 | HLDAX | Hartford Emerging | PairCorr |
| 0.37 | HLDCX | Hartford Emerging | PairCorr |
| 0.36 | HLDIX | Hartford Emerging | PairCorr |
| 0.43 | IBM | International Business Sell-off Trend | PairCorr |
| 0.37 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.35 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.34 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.32 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.32 | VZ | Verizon Communications Aggressive Push | PairCorr |
Related Correlations Analysis
| 0.75 | 0.95 | 0.95 | 0.79 | 0.34 | JSNIX | ||
| 0.75 | 0.66 | 0.84 | 0.29 | 0.81 | BXDCX | ||
| 0.95 | 0.66 | 0.91 | 0.84 | 0.2 | FSILX | ||
| 0.95 | 0.84 | 0.91 | 0.69 | 0.48 | BBSGX | ||
| 0.79 | 0.29 | 0.84 | 0.69 | -0.26 | GDICX | ||
| 0.34 | 0.81 | 0.2 | 0.48 | -0.26 | AOUNX | ||
| 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 MRKAX Mutual Fund performing well and Ab All 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 Ab All'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JSNIX | 0.08 | 0.01 | (0.94) | (0.19) | 0.00 | 0.21 | 0.64 | |||
| BXDCX | 0.09 | 0.01 | (0.87) | (0.57) | 0.00 | 0.22 | 0.65 | |||
| FSILX | 0.10 | 0.01 | (0.85) | (0.02) | 0.00 | 0.24 | 0.83 | |||
| BBSGX | 0.08 | 0.00 | (0.83) | (0.17) | 0.00 | 0.24 | 0.72 | |||
| GDICX | 0.08 | 0.00 | (0.70) | (0.39) | 0.05 | 0.21 | 0.82 | |||
| AOUNX | 0.06 | 0.01 | (1.07) | (3.41) | 0.00 | 0.10 | 0.61 |
Ab All 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 Ab All mutual fund to make a market-neutral strategy. Peer analysis of Ab All could also be used in its relative valuation, which is a method of valuing Ab All by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Ab All Market?
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