Guggenheim Large Correlations
The correlation of Guggenheim Large 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.
Guggenheim |
Moving together with Guggenheim Mutual Fund
| 0.67 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.61 | HPQ | HP Inc | PairCorr |
| 0.7 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
Related Correlations Analysis
| 0.78 | 0.81 | 0.9 | 0.74 | SFEPX | ||
| 0.78 | 0.95 | 0.76 | 0.92 | SLVAX | ||
| 0.81 | 0.95 | 0.79 | 0.96 | GILCX | ||
| 0.9 | 0.76 | 0.79 | 0.77 | FACSX | ||
| 0.74 | 0.92 | 0.96 | 0.77 | BPAVX | ||
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Risk-Adjusted Indicators
There is a big difference between Guggenheim Mutual Fund performing well and Guggenheim Large 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 Guggenheim Large'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SFEPX | 0.57 | 0.09 | (0.02) | (1.92) | 0.69 | 1.24 | 3.96 | |||
| SLVAX | 0.52 | 0.06 | (0.08) | (1.96) | 0.48 | 1.06 | 3.38 | |||
| GILCX | 0.50 | 0.08 | (0.05) | (4.06) | 0.37 | 1.11 | 3.30 | |||
| FACSX | 0.67 | (0.01) | 0.01 | 0.09 | 0.57 | 1.59 | 5.16 | |||
| BPAVX | 0.58 | 0.05 | (0.08) | (0.96) | 0.59 | 1.19 | 4.34 |