Regnan Uk Correlations

REGIX Fund

USD 6.78 0.09 1.35%

The current 90-days correlation between Regnan Uk Umbrella and Tswhgyldbdinstl is -0.16 (i.e., Good diversification). The correlation of Regnan Uk 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.

Regnan Uk Correlation With Market

Very weak diversification

The correlation between Regnan Uk Umbrella and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Regnan Uk Umbrella 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 Regnan Uk Umbrella. 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 gross domestic product.

Moving together with Regnan Mutual Fund

0.96	JOHIX	Johcm International	Pair Corr
0.96	JOHAX	Johcm International	Pair Corr
0.83	JOMEX	Johcm Emerging Markets	Pair Corr
0.81	JOMMX	Johcm Emerging Markets	Pair Corr
0.95	JOPSX	Johcm International	Pair Corr
0.76	NHS	Neuberger Berman High	Pair Corr

Moving against Regnan Mutual Fund

0.57	TSWHX	Tswhgyldbdinstl	Pair Corr
0.42	JOGEX	Johcm Global Equity	Pair Corr
0.42	JOGIX	Johcm Global Equity	Pair Corr
0.76	FFRHX	Fidelity Advisor Floating	Pair Corr
0.62	VIGAX	Vanguard Growth Index	Pair Corr
0.61	VMGRX	Vanguard Mid Cap	Pair Corr
0.56	IGOAX	Rational Inflation Growth	Pair Corr
0.52	HFMIX	Hartford Midcap	Pair Corr
0.51	AMDVX	Mid Cap Value	Pair Corr
0.44	FIUIX	Fidelity Telecom And	Pair Corr
0.31	SMGXX	Legg Mason Partners	Pair Corr

Related Correlations Analysis

	REGIX	TSWHX	TSWMX	JOEAX	JOGEX	JOEIX	JOEMX	JOHIX	JOGIX	JOHAX
REGIX		-0.57	0.48	0.18	-0.42	0.11	0.17	0.96	-0.42	0.96	REGIX
TSWHX	-0.57		0.13	0.45	0.71	0.46	0.45	-0.48	0.71	-0.48	TSWHX
TSWMX	0.48	0.13		0.88	0.21	0.89	0.88	0.49	0.21	0.49	TSWMX
JOEAX	0.18	0.45	0.88		0.49	0.96	1.0	0.23	0.49	0.23	JOEAX
JOGEX	-0.42	0.71	0.21	0.49		0.51	0.5	-0.27	1.0	-0.28	JOGEX
JOEIX	0.11	0.46	0.89	0.96	0.51		0.96	0.14	0.51	0.14	JOEIX
JOEMX	0.17	0.45	0.88	1.0	0.5	0.96		0.23	0.5	0.22	JOEMX
JOHIX	0.96	-0.48	0.49	0.23	-0.27	0.14	0.23		-0.28	1.0	JOHIX
JOGIX	-0.42	0.71	0.21	0.49	1.0	0.51	0.5	-0.28		-0.28	JOGIX
JOHAX	0.96	-0.48	0.49	0.23	-0.28	0.14	0.22	1.0	-0.28		JOHAX
	REGIX	TSWHX	TSWMX	JOEAX	JOGEX	JOEIX	JOEMX	JOHIX	JOGIX	JOHAX

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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

JOEMX	+ 1.0	JOEAX
JOGIX	+ 1.0	JOGEX
JOHAX	+ 1.0	JOHIX
JOHIX	+ 0.96	REGIX
JOHAX	+ 0.96	REGIX
JOEIX	+ 0.96	JOEAX

High negative correlations

TSWHX	- 0.57	REGIX
JOHAX	- 0.48	TSWHX
JOHIX	- 0.48	TSWHX
JOGIX	- 0.42	REGIX
JOGEX	- 0.42	REGIX
JOHAX	- 0.28	JOGIX

Risk-Adjusted Indicators

There is a big difference between Regnan Mutual Fund performing well and Regnan Uk 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 Regnan Uk'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
REGIX	0.69	(0.19)	0.00	(0.26)	0.00	0.00	1.27	(1.66)	3.98
TSWHX	0.11	0.02	(0.71)	(0.84)	0.00	(0.17)	0.32	(0.21)	0.76
TSWMX	0.57	(0.04)	0.00	0.58	0.00	0.00	1.17	(0.84)	4.54
JOEAX	0.76	0.01	(0.09)	0.16	0.89	(0.92)	1.77	(1.46)	5.82
JOGEX	0.70	(0.01)	(0.04)	0.10	0.91	(0.73)	1.67	(1.62)	4.55
JOEIX	0.78	0.02	(0.11)	(0.15)	0.93	(0.94)	1.76	(1.64)	5.81
JOEMX	0.76	0.01	(0.09)	0.16	0.88	(0.91)	1.76	(1.47)	5.80
JOHIX	0.62	(0.16)	0.00	(0.20)	0.00	0.00	1.19	(1.62)	4.55
JOGIX	0.70	(0.01)	(0.04)	0.10	0.89	(0.75)	1.66	(1.61)	4.54
JOHAX	0.62	(0.16)	0.00	(0.20)	0.00	0.00	1.15	(1.62)	4.54

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