Versus Capital Correlations
| VCMIX Fund | USD 23.78 0.02 0.08% |
The current 90-days correlation between Versus Capital Multi and Qs Large Cap is 0.03 (i.e., Significant diversification). The correlation of Versus Capital 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.
Versus Capital Correlation With Market
Very good diversification
The correlation between Versus Capital Multi Manager and DJI is -0.27 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Versus Capital Multi Manager and DJI in the same portfolio, assuming nothing else is changed.
Versus |
Moving against Versus Mutual Fund
| 0.31 | SDLAX | Siit Dynamic Asset | PairCorr |
| 0.37 | VPCCX | Vanguard Primecap | PairCorr |
| 0.33 | VGIAX | Vanguard Growth And | PairCorr |
| 0.31 | SBCCX | Moderately Servative | PairCorr |
Related Correlations Analysis
| 0.87 | 0.95 | 0.96 | 0.83 | 0.81 | 0.9 | CBLSX | ||
| 0.87 | 0.84 | 0.94 | 0.97 | 0.97 | 0.73 | FIOOX | ||
| 0.95 | 0.84 | 0.92 | 0.8 | 0.78 | 0.9 | HNLVX | ||
| 0.96 | 0.94 | 0.92 | 0.89 | 0.87 | 0.88 | TWQZX | ||
| 0.83 | 0.97 | 0.8 | 0.89 | 0.95 | 0.66 | GMLVX | ||
| 0.81 | 0.97 | 0.78 | 0.87 | 0.95 | 0.67 | AMFFX | ||
| 0.9 | 0.73 | 0.9 | 0.88 | 0.66 | 0.67 | LMTIX | ||
Risk-Adjusted Indicators
There is a big difference between Versus Mutual Fund performing well and Versus Capital 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 Versus Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CBLSX | 0.74 | 0.30 | 0.35 | 0.60 | 0.04 | 1.38 | 14.41 | |||
| FIOOX | 0.49 | 0.10 | 0.12 | 0.22 | 0.29 | 1.33 | 2.90 | |||
| HNLVX | 0.98 | 0.42 | 0.62 | 0.55 | 0.00 | 1.26 | 26.68 | |||
| TWQZX | 0.55 | 0.16 | 0.20 | 0.34 | 0.26 | 1.31 | 3.68 | |||
| GMLVX | 0.71 | 0.25 | 0.32 | 0.49 | 0.16 | 1.93 | 4.36 | |||
| AMFFX | 0.44 | 0.06 | 0.05 | 0.18 | 0.44 | 0.87 | 3.18 | |||
| LMTIX | 0.60 | 0.06 | 0.04 | 0.16 | 0.61 | 1.10 | 4.94 |