Amg Yacktman Correlations

YASSX Fund

USD 9.99 0.05 0.50%

The current 90-days correlation between Amg Yacktman Special and Fulcrum Diversified Absolute is 0.11 (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

Modest diversification

The correlation between Amg Yacktman Special and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amg Yacktman Special 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 Special. 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 state.

Moving together with Amg Mutual Fund

0.73	SSEIX	Amg Southernsun Equity	Pair Corr
0.72	SSEFX	Amg Southernsun Equity	Pair Corr
0.74	SSSFX	Amg Southernsun Small	Pair Corr
0.73	SSSIX	Amg Southernsun Small	Pair Corr
0.72	BRWIX	Amg Managers Brandywine	Pair Corr
0.66	MMCFX	Amg Managers Emerging	Pair Corr
0.77	CHTTX	Amg Managers Fairpointe	Pair Corr
0.84	ARDEX	Amg River Road	Pair Corr
0.66	ARIMX	Amg River Road	Pair Corr
0.84	ARIDX	Amg River Road	Pair Corr
0.79	ARRFX	Amg River Road	Pair Corr
0.63	ARSMX	Amg River Road	Pair Corr
0.79	ARRZX	Amg River Road	Pair Corr
0.66	ARSZX	Amg River Road	Pair Corr
0.84	ARZDX	Amg River Road	Pair Corr
0.76	ABIZX	Amg Managers Fairpointe	Pair Corr
0.76	ABMIX	Amg Managers Fairpointe	Pair Corr
0.75	MRASX	Amg Managers Centersquare	Pair Corr
0.75	MRESX	Amg Managers Centersquare	Pair Corr
0.72	MRLIX	Amg Renaissance Large	Pair Corr
0.71	MRLSX	Amg Renaissance Large	Pair Corr
0.72	MRLTX	Amg Renaissance Large	Pair Corr
0.68	TMDIX	Amg Timessquare Mid	Pair Corr

Related Correlations Analysis

	FARIX	MBLAX	PDAAX	PGBAX	VYRPX	ISFYX	XACVX	SRDAX
FARIX		0.83	0.54	0.63	0.67	0.76	0.65	-0.39	FARIX
MBLAX	0.83		0.67	0.79	0.84	0.92	0.68	-0.32	MBLAX
PDAAX	0.54	0.67		0.94	0.91	0.83	0.83	0.26	PDAAX
PGBAX	0.63	0.79	0.94		0.94	0.88	0.83	0.08	PGBAX
VYRPX	0.67	0.84	0.91	0.94		0.96	0.85	0.11	VYRPX
ISFYX	0.76	0.92	0.83	0.88	0.96		0.84	0.01	ISFYX
XACVX	0.65	0.68	0.83	0.83	0.85	0.84		0.18	XACVX
SRDAX	-0.39	-0.32	0.26	0.08	0.11	0.01	0.18		SRDAX
	FARIX	MBLAX	PDAAX	PGBAX	VYRPX	ISFYX	XACVX	SRDAX

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

ISFYX	+ 0.96	VYRPX
PGBAX	+ 0.94	PDAAX
VYRPX	+ 0.94	PGBAX
ISFYX	+ 0.92	MBLAX
VYRPX	+ 0.91	PDAAX
ISFYX	+ 0.88	PGBAX

High negative correlations

SRDAX	- 0.39	FARIX
SRDAX	- 0.32	MBLAX

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
FARIX	0.31	(0.02)	0.00	(0.22)	0.00	0.00	0.65	(0.62)	2.12
MBLAX	0.23	(0.01)	(0.25)	0.01	0.29	(0.28)	0.46	(0.31)	1.79
PDAAX	0.17	0.01	(0.31)	0.18	0.11	(0.26)	0.52	(0.31)	1.35
PGBAX	0.15	(0.01)	(0.42)	(0.04)	0.14	(0.20)	0.34	(0.34)	1.01
VYRPX	0.18	0.00	(0.22)	0.10	0.18	(0.28)	0.48	(0.39)	1.74
ISFYX	0.28	0.00	(0.15)	0.11	0.35	(0.30)	0.63	(0.50)	2.00
XACVX	0.70	0.07	(0.01)	2.79	1.01	(0.73)	1.43	(1.48)	5.43
SRDAX	0.15	0.04	(0.20)	(1.16)	0.00	(0.20)	0.38	(0.29)	1.05

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