Ycg Enhanced Correlations

YCGEX Fund

USD 32.27 0.28 0.88%

The current 90-days correlation between Ycg Enhanced and Conestoga Smid Cap is 0.28 (i.e., Modest diversification). The correlation of Ycg Enhanced 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.

Ycg Enhanced Correlation With Market

Significant diversification

The correlation between Ycg Enhanced Fund and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ycg Enhanced 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 Ycg Enhanced 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 income.

Moving together with Ycg Mutual Fund

0.94	FAFGX	American Funds	Pair Corr
0.94	FFAFX	American Funds	Pair Corr
0.94	GFACX	Growth Fund	Pair Corr
0.94	GFAFX	Growth Fund	Pair Corr
0.94	CGFFX	Growth Fund	Pair Corr
0.94	CGFCX	Growth Fund	Pair Corr
0.94	CGFAX	Growth Fund	Pair Corr
0.94	CGFEX	Growth Fund	Pair Corr
0.94	RGAEX	Growth Fund	Pair Corr
0.88	LIIAX	Columbia Porate Income	Pair Corr
0.87	SRINX	Columbia Porate Income	Pair Corr
0.64	CIFRX	Columbia Porate Income	Pair Corr
0.9	WRHIX	Ivy High Income	Pair Corr
0.88	WHIAX	Ivy High Income	Pair Corr
0.89	IHIFX	Ivy High Income	Pair Corr
0.89	IVHIX	Ivy High Income	Pair Corr
0.93	FMIUX	Common Stock	Pair Corr
0.81	AAAMX	American Century One	Pair Corr
0.64	FGSAX	Federated Mdt Mid	Pair Corr
0.75	PWLIX	Pimco Rae Worldwide	Pair Corr
0.85	PWLMX	Pimco Rae Worldwide	Pair Corr
0.75	SWYHX	Schwab Target 2045	Pair Corr
0.69	QUAZX	Ab Small Cap	Pair Corr
0.86	SCAAX	Conservative Balanced	Pair Corr
0.67	RYVYX	Nasdaq 100 2x	Pair Corr
0.76	AAEUX	American Century One	Pair Corr
0.62	GXXAX	Aberdeen Equity A	Pair Corr
0.74	FSDAX	Defense And Aerospace	Pair Corr

Moving against Ycg Mutual Fund

0.39	CUSDX	Six Circles Ultra	Pair Corr
0.56	NDP	Tortoise Energy Inde	Pair Corr

Related Correlations Analysis

	CCSMX	FAMEX	MXXVX	DFDPX	HOVLX
CCSMX		0.8	0.92	0.64	0.76	CCSMX
FAMEX	0.8		0.86	0.91	0.94	FAMEX
MXXVX	0.92	0.86		0.75	0.87	MXXVX
DFDPX	0.64	0.91	0.75		0.93	DFDPX
HOVLX	0.76	0.94	0.87	0.93		HOVLX
	CCSMX	FAMEX	MXXVX	DFDPX	HOVLX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Ycg Mutual Fund performing well and Ycg Enhanced 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 Ycg Enhanced'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
CCSMX	0.85	0.00	(0.04)	0.08	1.08	(0.85)	1.59	(1.65)	7.24
FAMEX	0.64	(0.09)	0.00	(0.13)	0.00	0.00	1.30	(1.19)	5.87
MXXVX	1.12	(0.04)	(0.05)	0.02	1.67	(1.17)	2.33	(2.57)	11.81
DFDPX	0.88	(0.16)	0.00	(0.22)	0.00	0.00	1.32	(2.18)	13.83
HOVLX	0.61	(0.08)	0.00	(0.09)	0.00	0.00	1.03	(1.05)	9.21

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