Amg Yacktman Correlations

YACKX Fund

USD 22.75 0.30 1.34%

The current 90-days correlation between Amg Yacktman and Pnc Emerging Markets is 0.16 (i.e., Average diversification). The correlation of Amg Yacktman 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.

Amg Yacktman Correlation With Market

Good diversification

The correlation between Amg Yacktman Fund and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amg Yacktman Fund and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Amg Yacktman Fund. 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 industry.

Moving together with Amg Mutual Fund

0.68	BRWIX	Amg Managers Brandywine	Pair Corr
0.67	ARDEX	Amg River Road	Pair Corr
0.7	ARIDX	Amg River Road	Pair Corr
0.64	ARRFX	Amg River Road	Pair Corr
0.75	ABMIX	Amg Managers Fairpointe	Pair Corr
0.74	TMDIX	Amg Timessquare Mid	Pair Corr
0.73	TMDPX	Amg Timessquare Mid	Pair Corr

Related Correlations Analysis

	PIEFX	EPEIX	FEMDX	BXECX	ARCNX	TMSSX	MPEMX
PIEFX		0.76	0.81	0.8	0.57	0.38	0.93	PIEFX
EPEIX	0.76		0.48	0.54	0.14	0.25	0.73	EPEIX
FEMDX	0.81	0.48		0.93	0.78	0.56	0.84	FEMDX
BXECX	0.8	0.54	0.93		0.69	0.36	0.82	BXECX
ARCNX	0.57	0.14	0.78	0.69		0.72	0.58	ARCNX
TMSSX	0.38	0.25	0.56	0.36	0.72		0.37	TMSSX
MPEMX	0.93	0.73	0.84	0.82	0.58	0.37		MPEMX
	PIEFX	EPEIX	FEMDX	BXECX	ARCNX	TMSSX	MPEMX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Amg Mutual Fund performing well and Amg Yacktman 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 Amg Yacktman'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
PIEFX	0.96	0.12	0.13	0.16	1.24	(0.96)	2.06	(2.04)	6.94
EPEIX	0.54	0.10	0.24	0.59	0.55	(0.62)	1.11	(1.13)	3.76
FEMDX	0.16	0.01	0.41	0.17	0.15	(0.20)	0.42	(0.34)	1.11
BXECX	0.20	0.02	0.42	(0.51)	0.00	(0.31)	0.55	(0.40)	1.21
ARCNX	0.58	0.10	0.22	(1.38)	0.61	(0.65)	1.25	(1.27)	5.05
TMSSX	0.10	0.01	0.58	0.28	0.00	(0.14)	0.22	(0.22)	0.55
MPEMX	0.64	0.05	0.17	9.44	0.72	(0.74)	1.33	(1.40)	4.53

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Amg Yacktman Correlations

Amg Yacktman Correlation With Market

Good diversification

Moving together with Amg Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY