West Loop Correlations

REIAX Fund

USD 12.33 0.03 0.24%

The current 90-days correlation between West Loop Realty and Rational Defensive Growth is 0.3 (i.e., Weak diversification). The correlation of West Loop 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.

West Loop Correlation With Market

Weak diversification

The correlation between West Loop Realty and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding West Loop Realty 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 West Loop Realty. 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 West Mutual Fund

0.71	O	Realty Income	Pair Corr
0.8	HR	Healthcare Realty Trust	Pair Corr
0.93	KW	Kennedy Wilson Holdings	Pair Corr
0.88	UE	Urban Edge Properties	Pair Corr
0.71	WY	Weyerhaeuser	Pair Corr
0.84	ADC-PA	Agree Realty	Pair Corr
0.74	DOUG	Douglas Elliman	Pair Corr
0.84	VICI	VICI Properties	Pair Corr
0.86	ELME	Elme Communities	Pair Corr
0.72	EPRT	Essential Properties	Pair Corr
0.87	ESBA	Empire State Realty	Pair Corr
0.9	ESRT	Empire State Realty	Pair Corr
0.68	WHLR	Wheeler Real Estate	Pair Corr
0.87	EXPI	eXp World Holdings	Pair Corr

Moving against West Mutual Fund

0.6	DX	Dynex Capital	Pair Corr
0.34	LB	LandBridge Company	Pair Corr
0.69	MITT-PC	AG Mortgage Investment	Pair Corr
0.8	CDR-PC	Cedar Realty Trust	Pair Corr
0.37	ACR	Acres Commercial Realty	Pair Corr

Related Correlations Analysis

	HSUAX	ARTSX	TFAGX	GGRYX	MGAFX
HSUAX		0.7	0.84	0.49	0.32	HSUAX
ARTSX	0.7		0.71	0.83	0.74	ARTSX
TFAGX	0.84	0.71		0.6	0.48	TFAGX
GGRYX	0.49	0.83	0.6		0.94	GGRYX
MGAFX	0.32	0.74	0.48	0.94		MGAFX
	HSUAX	ARTSX	TFAGX	GGRYX	MGAFX

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Risk-Adjusted Indicators

There is a big difference between West Mutual Fund performing well and West Loop 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 West Loop'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
HSUAX	0.70	0.13	0.06	0.50	0.88	(0.75)	1.31	(1.20)	6.61
ARTSX	1.03	0.05	0.01	0.17	1.31	(1.03)	2.14	(2.19)	6.98
TFAGX	0.72	0.06	(0.02)	8.56	1.04	(0.76)	1.61	(1.60)	5.84
GGRYX	0.42	(0.02)	(0.12)	0.03	0.58	(0.46)	0.86	(0.76)	3.17
MGAFX	0.47	(0.03)	(0.11)	0.02	0.70	(0.48)	1.04	(1.23)	3.95

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