Morgan Stanley Correlations
| MSDMX Fund | 16.02 0.04 0.25% |
The current 90-days correlation between Morgan Stanley Insti and Mh Elite Fund is 0.2 (i.e., Modest diversification). The correlation of Morgan Stanley 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.
Morgan |
Moving together with Morgan Mutual Fund
Moving against Morgan Mutual Fund
| 0.44 | MSBQX | Morgan Stanley Insti | PairCorr |
| 0.44 | MSBVX | Morgan Stanley Insti | PairCorr |
| 0.43 | MSBWX | Morgan Stanley Insti | PairCorr |
| 0.33 | MSAWX | Asia Opportunity Por | PairCorr |
| 0.31 | MSAUX | Asia Opportunity Por | PairCorr |
Related Correlations Analysis
| 0.38 | 0.79 | 0.7 | 0.53 | 0.69 | 0.17 | MHEFX | ||
| 0.38 | 0.5 | 0.58 | 0.8 | 0.73 | 0.34 | MIDSX | ||
| 0.79 | 0.5 | 0.83 | 0.72 | 0.85 | 0.21 | STARX | ||
| 0.7 | 0.58 | 0.83 | 0.62 | 0.87 | 0.44 | PAEIX | ||
| 0.53 | 0.8 | 0.72 | 0.62 | 0.83 | 0.27 | AUXIX | ||
| 0.69 | 0.73 | 0.85 | 0.87 | 0.83 | 0.48 | TADGX | ||
| 0.17 | 0.34 | 0.21 | 0.44 | 0.27 | 0.48 | TIMPX | ||
Risk-Adjusted Indicators
There is a big difference between Morgan Mutual Fund performing well and Morgan Stanley 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 Morgan Stanley'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MHEFX | 0.55 | 0.02 | (0.04) | 0.30 | 0.86 | 1.10 | 3.37 | |||
| MIDSX | 1.76 | 0.32 | 0.09 | 0.39 | 2.46 | 3.73 | 13.39 | |||
| STARX | 0.37 | (0.01) | (0.07) | 0.05 | 0.53 | 0.78 | 2.12 | |||
| PAEIX | 0.65 | (0.01) | (0.02) | 0.06 | 0.91 | 1.21 | 4.20 | |||
| AUXIX | 0.46 | 0.02 | 0.00 | 0.11 | 0.45 | 1.05 | 3.22 | |||
| TADGX | 0.48 | 0.00 | (0.03) | 0.07 | 0.54 | 0.98 | 2.44 | |||
| TIMPX | 0.15 | 0.01 | (0.31) | 0.75 | 0.09 | 0.33 | 0.98 |