Robinson Tax Correlations
| ROBNX Fund | USD 8.97 0.05 0.56% |
The current 90-days correlation between Robinson Tax Advantaged and Virtus Multi Sector Short is 0.44 (i.e., Very weak diversification). The correlation of Robinson Tax 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.
Robinson Tax Correlation With Market
Average diversification
The correlation between Robinson Tax Advantaged and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Robinson Tax Advantaged and DJI in the same portfolio, assuming nothing else is changed.
Robinson |
Moving together with Robinson Mutual Fund
| 0.9 | ROBAX | Robinson Tax Advantaged | PairCorr |
| 0.91 | ROBCX | Robinson Tax Advantaged | PairCorr |
| 0.86 | VWLTX | Vanguard Long Term | PairCorr |
| 0.86 | VWAHX | Vanguard High Yield | PairCorr |
| 0.86 | VWALX | Vanguard High Yield | PairCorr |
| 0.87 | FSMUX | Strategic Advisers | PairCorr |
| 0.86 | VWLUX | Vanguard Long Term | PairCorr |
| 0.86 | FAFTX | Franklin Federal Tax | PairCorr |
| 0.86 | FFTQX | Franklin Federal Tax | PairCorr |
| 0.86 | FRFTX | Franklin Federal Tax | PairCorr |
| 0.86 | FFQAX | Franklin Federal Tax | PairCorr |
| 0.62 | KNPYX | Kinetics Paradigm | PairCorr |
| 0.62 | LSHUX | Horizon Spin Off | PairCorr |
| 0.62 | KNPCX | Kinetics Paradigm | PairCorr |
| 0.62 | LSHAX | Horizon Spin Off | PairCorr |
| 0.62 | WWNPX | Kinetics Paradigm | PairCorr |
| 0.8 | JHRVX | Retirement Living Through | PairCorr |
| 0.73 | PIFIX | Strategic Asset Mana | PairCorr |
| 0.67 | ISEIX | Voya Index Solution | PairCorr |
| 0.66 | ORIYX | Oak Ridge Small | PairCorr |
| 0.74 | MFOCX | Marsico Focus | PairCorr |
Related Correlations Analysis
| 0.85 | 0.87 | 0.92 | 0.93 | 0.92 | 0.96 | VMSSX | ||
| 0.85 | 0.98 | 0.73 | 0.97 | 0.98 | 0.9 | ATOAX | ||
| 0.87 | 0.98 | 0.73 | 0.97 | 0.98 | 0.91 | DULTX | ||
| 0.92 | 0.73 | 0.73 | 0.83 | 0.8 | 0.89 | FSHAX | ||
| 0.93 | 0.97 | 0.97 | 0.83 | 0.98 | 0.95 | TSDCX | ||
| 0.92 | 0.98 | 0.98 | 0.8 | 0.98 | 0.95 | SUSAX | ||
| 0.96 | 0.9 | 0.91 | 0.89 | 0.95 | 0.95 | TASTX | ||
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Risk-Adjusted Indicators
There is a big difference between Robinson Mutual Fund performing well and Robinson Tax 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 Robinson Tax'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VMSSX | 0.08 | 0.01 | (0.25) | 0.29 | 0.00 | 0.22 | 0.89 | |||
| ATOAX | 0.02 | 0.00 | 0.00 | 0.13 | 0.00 | 0.00 | 0.30 | |||
| DULTX | 0.04 | 0.01 | 0.00 | (0.12) | 0.00 | 0.00 | 0.61 | |||
| FSHAX | 0.05 | 0.00 | (0.46) | 0.02 | 0.00 | 0.10 | 0.51 | |||
| TSDCX | 0.05 | 0.01 | 0.00 | (4.55) | 0.00 | 0.11 | 0.66 | |||
| SUSAX | 0.06 | 0.00 | (0.61) | (0.71) | 0.00 | 0.10 | 0.51 | |||
| TASTX | 0.07 | 0.00 | (0.49) | 1.05 | 0.00 | 0.21 | 0.62 |