Virtus Rampart Correlations

PDIAX Fund

USD 21.49 0.10 0.46%

The current 90-days correlation between Virtus Rampart Enhanced and Metropolitan West High is 0.14 (i.e., Average diversification). The correlation of Virtus Rampart 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.

Virtus Rampart Correlation With Market

Very poor diversification

The correlation between Virtus Rampart Enhanced and DJI is 0.82 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Virtus Rampart Enhanced and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Virtus Rampart Enhanced. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Virtus Mutual Fund

0.77	SAMVX	Ridgeworth Ceredex Mid	Pair Corr
0.74	SASVX	Ridgeworth Ceredex Small	Pair Corr
0.89	PXIIX	Virtus Rampart Enhanced	Pair Corr
0.64	PXQSX	Virtus Kar Small	Pair Corr
0.65	SSTFX	Virtus Kar Capital	Pair Corr
0.7	PXSGX	Virtus Kar Small	Pair Corr
0.89	PGICX	Virtus Rampart Enhanced	Pair Corr
0.65	PGIUX	Virtus Global Infras	Pair Corr
0.74	STCEX	Ridgeworth Ceredex Small	Pair Corr
0.68	PGUAX	Virtus Global Infras	Pair Corr
0.67	PGUCX	Virtus Global Infras	Pair Corr

Related Correlations Analysis

	MWHIX	FHAIX	APDFX	AGDAX	DURPX	PKHIX	AWF
MWHIX		0.53	0.54	0.66	0.32	0.44	0.64	MWHIX
FHAIX	0.53		0.62	0.66	0.48	0.51	0.32	FHAIX
APDFX	0.54	0.62		0.96	0.87	0.59	0.04	APDFX
AGDAX	0.66	0.66	0.96		0.8	0.51	0.19	AGDAX
DURPX	0.32	0.48	0.87	0.8		0.58	-0.08	DURPX
PKHIX	0.44	0.51	0.59	0.51	0.58		-0.03	PKHIX
AWF	0.64	0.32	0.04	0.19	-0.08	-0.03		AWF
	MWHIX	FHAIX	APDFX	AGDAX	DURPX	PKHIX	AWF

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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

AGDAX	+ 0.96	APDFX
DURPX	+ 0.87	APDFX
DURPX	+ 0.8	AGDAX
AGDAX	+ 0.66	MWHIX
AGDAX	+ 0.66	FHAIX
AWF	+ 0.64	MWHIX

High negative correlations

AWF	- 0.08	DURPX
AWF	- 0.03	PKHIX

Risk-Adjusted Indicators

There is a big difference between Virtus Mutual Fund performing well and Virtus Rampart 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 Virtus Rampart'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
MWHIX	0.09	0.00	(0.76)	(0.02)	0.00	(0.17)	0.21	(0.21)	0.64
FHAIX	0.10	0.00	0.00	0.29	0.00	0.00	0.57	(0.57)	1.14
APDFX	0.11	0.04	(0.53)	(4.25)	0.00	(0.18)	0.33	(0.11)	0.66
AGDAX	0.12	0.03	(0.39)	4.71	0.00	(0.25)	0.29	(0.29)	0.86
DURPX	0.48	0.03	0.00	0.16	0.35	(0.58)	1.07	(0.80)	3.67
PKHIX	0.10	(0.01)	(0.44)	0.01	0.09	(0.17)	0.23	(0.22)	1.23
AWF	0.32	(0.04)	0.00	(0.08)	0.00	0.00	0.56	(0.74)	1.83

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