Blue Chip Related Correlations
Generate correlation matrix for Blue Chip and other related equities to check the degree to which Blue Chip 35 price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Blue Chip 35. To filter out specific equities, please toggle its corresponding legend item. Check out Trending Equities 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 gross domestic product.
Correlations
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Risk-Adjusted Indicators
There is a big difference between Blue Mutual Fund performing well and Blue Chip 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 Blue Chip'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TCTZX | 0.30 | (0.03) | (0.15) | 0.03 | 0.34 | 0.65 | 1.94 | |||
| PRRTX | 0.34 | (0.02) | (0.14) | 0.04 | 0.35 | 0.80 | 2.06 | |||
| QCEQRX | 0.60 | (0.03) | (0.03) | 0.06 | 0.64 | 1.13 | 3.48 | |||
| TWSMX | 0.38 | (0.03) | (0.09) | 0.05 | 0.41 | 0.81 | 2.28 | |||
| TDIFX | 0.17 | (0.02) | (0.28) | 0.02 | 0.18 | 0.36 | 1.08 | |||
| JLDOX | 0.29 | (0.02) | (0.12) | 0.04 | 0.33 | 0.63 | 1.90 | |||
| SCGCX | 0.45 | (0.02) | (0.05) | 0.06 | 0.51 | 0.92 | 3.56 |