Transamerica International Correlations

TAINX Fund

USD 21.31 0.19 0.88%

The current 90-days correlation between Transamerica International and Nuveen Minnesota Municipal is 0.06 (i.e., Significant diversification). The correlation of Transamerica International 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.

Transamerica International Correlation With Market

Significant diversification

The correlation between Transamerica International Equ and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Transamerica International Equ and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transamerica International Equity. 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 board of governors.

Moving together with Transamerica Mutual Fund

0.8	DOXFX	Dodge Cox International	Pair Corr
0.93	OANIX	Oakmark International	Pair Corr
0.67	DODFX	Dodge International Stock	Pair Corr
0.79	OAKIX	Oakmark International	Pair Corr
0.79	OAYIX	Oakmark International	Pair Corr
0.93	OAZIX	Oakmark International	Pair Corr
0.98	FINVX	Fidelity Series Inte	Pair Corr
0.78	VTRIX	Vanguard International	Pair Corr
0.86	RRIGX	T Rowe Price	Pair Corr
0.73	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.79	KO	Coca Cola Aggressive Push	Pair Corr
0.71	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Moving against Transamerica Mutual Fund

0.65	TEGYX	Mid Cap Growth	Pair Corr
0.59	FTCAX	Templeton Strained Bond	Pair Corr
0.48	PYARX	Payden Absolute Return	Pair Corr
0.45	PYAIX	Payden Absolute Return	Pair Corr
0.45	PRDSX	T Rowe Price	Pair Corr
0.41	BCAAX	Brandywineglobal C	Pair Corr
0.73	BAC	Bank of America Aggressive Push	Pair Corr
0.61	DIS	Walt Disney Aggressive Push	Pair Corr
0.57	WMT	Walmart Aggressive Push	Pair Corr
0.56	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.46	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.41	T	ATT Inc Sell-off Trend	Pair Corr
0.39	HPQ	HP Inc	Pair Corr

Related Correlations Analysis

	FYMNX	FHYVX	PRINX	NEITX	BIDPX	OKMUX	ABIMX
FYMNX		0.98	0.85	0.71	0.95	0.72	0.84	FYMNX
FHYVX	0.98		0.81	0.62	0.88	0.63	0.78	FHYVX
PRINX	0.85	0.81		0.89	0.88	0.9	0.98	PRINX
NEITX	0.71	0.62	0.89		0.86	0.99	0.93	NEITX
BIDPX	0.95	0.88	0.88	0.86		0.86	0.91	BIDPX
OKMUX	0.72	0.63	0.9	0.99	0.86		0.93	OKMUX
ABIMX	0.84	0.78	0.98	0.93	0.91	0.93		ABIMX
	FYMNX	FHYVX	PRINX	NEITX	BIDPX	OKMUX	ABIMX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Transamerica Mutual Fund performing well and Transamerica International 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 Transamerica International'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
FYMNX	0.13	0.00	(0.33)	0.15	0.17	(0.20)	0.37	(0.28)	1.39
FHYVX	0.17	0.01	(0.23)	0.33	0.21	(0.26)	0.44	(0.44)	1.88
PRINX	0.16	0.02	(0.29)	(0.07)	0.22	(0.24)	0.44	(0.44)	1.59
NEITX	0.16	0.01	(0.24)	0.04	0.27	(0.27)	0.43	(0.32)	1.62
BIDPX	0.14	0.00	(0.32)	0.03	0.21	(0.18)	0.27	(0.45)	1.36
OKMUX	0.15	0.01	(0.24)	0.05	0.23	(0.27)	0.29	(0.47)	1.52
ABIMX	0.18	0.02	(0.25)	(0.05)	0.27	(0.24)	0.40	(0.50)	1.73

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