Martin Currie Correlations
The correlation of Martin Currie 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Martin Currie moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Martin Currie Emerging moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in population. Martin |
The ability to find closely correlated positions to Martin Currie could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Martin Currie when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Martin Currie - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Martin Currie Emerging to buy it.
Moving together with Martin Mutual Fund
0.96 | VEMAX | Vanguard Emerging Markets | PairCorr |
0.96 | VEIEX | Vanguard Emerging Markets | PairCorr |
0.96 | VEMIX | Vanguard Emerging Markets | PairCorr |
0.96 | VEMRX | Vanguard Emerging Markets | PairCorr |
0.96 | FWWNX | American Funds New | PairCorr |
0.96 | FNFWX | American Funds New | PairCorr |
0.96 | NEWFX | New World Fund | PairCorr |
0.96 | NWFFX | New World Fund | PairCorr |
0.96 | NEWCX | New World Fund | PairCorr |
0.96 | ODVYX | Oppenheimer Developing | PairCorr |
0.7 | RYMEX | Commodities Strategy | PairCorr |
0.69 | RYMJX | Commodities Strategy | PairCorr |
0.67 | RYMBX | Commodities Strategy | PairCorr |
0.81 | BRUFX | Bruce Fund Bruce | PairCorr |
0.91 | SPGSX | State Street Premier | PairCorr |
0.92 | KF | Korea Closed | PairCorr |
0.65 | DD | Dupont De Nemours Report 7th of May 2024 | PairCorr |
Moving against Martin Mutual Fund
0.6 | BA | Boeing Earnings Call This Week | PairCorr |
0.52 | MCD | McDonalds Earnings Call This Week | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Martin Mutual Fund performing well and Martin Currie 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 Martin Currie'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
FTIXX | 0.03 | 0.01 | 0.00 | (0.09) | 0.00 | 0.00 | 1.01 | |||
GCFSX | 0.53 | 0.07 | 0.04 | 0.30 | 0.67 | 1.06 | 3.26 | |||
MCBXX | 0.03 | 0.01 | 0.00 | (0.09) | 0.00 | 0.00 | 1.01 | |||
IAAEX | 0.55 | 0.00 | (0.05) | 0.14 | 0.82 | 1.10 | 3.59 | |||
FNPIX | 0.80 | 0.08 | 0.04 | 0.43 | 1.07 | 1.88 | 4.72 | |||
FIKBX | 0.62 | 0.05 | 0.01 | 0.25 | 0.80 | 1.19 | 4.22 | |||
MSVIX | 0.83 | 0.00 | (0.03) | 0.06 | 1.12 | 1.66 | 4.77 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Martin Currie without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Already Invested in Martin Currie Emerging?
The danger of trading Martin Currie Emerging is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Martin Currie is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Martin Currie. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Martin Currie Emerging is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Currie Emerging. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.