New Economy Related Correlations
ANFFX Fund | USD 57.76 0.10 0.17% |
Correlations
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | FNFPX | ||
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | NPFCX | ||
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | ANWPX | ||
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | CNPAX | ||
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | CNPEX | ||
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | CNPCX | ||
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | RNPAX | ||
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Risk-Adjusted Indicators
There is a big difference between New Mutual Fund performing well and New Economy 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 New Economy'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
FNFPX | 0.58 | (0.01) | (0.01) | 0.08 | 0.57 | 1.19 | 3.73 | |||
NPFCX | 0.58 | (0.01) | (0.02) | 0.07 | 0.58 | 1.20 | 3.75 | |||
ANWPX | 0.57 | (0.01) | (0.01) | 0.08 | 0.57 | 1.19 | 3.72 | |||
CNPAX | 0.58 | (0.01) | (0.01) | 0.08 | 0.57 | 1.20 | 3.72 | |||
CNPEX | 0.58 | (0.01) | (0.01) | 0.07 | 0.57 | 1.21 | 3.74 | |||
CNPCX | 0.58 | (0.01) | (0.02) | 0.07 | 0.58 | 1.20 | 3.72 | |||
RNPAX | 0.58 | (0.01) | (0.02) | 0.07 | 0.58 | 1.20 | 3.73 |