Glenmede International Related Correlations

NOVIX Fund

USD 5.20 0.01 0.19%

Generate correlation matrix for Glenmede International and other related equities to check the degree to which Glenmede International Secured 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 Glenmede International Secured. To filter out specific equities, please toggle its corresponding legend item. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Glenmede International Secured. 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.

Specify up to 10 symbols:

Please note, there is a significant difference between Glenmede International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glenmede International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glenmede International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

	NOVIX	GEQIX	GWILX	GHYMX	RESGX	GLSOX	GQLVX	GQSCX	GTAPX	GTAWX
NOVIX		0.82	0.95	0.64	0.86	0.98	0.95	0.8	0.95	0.74	NOVIX
GEQIX	0.82		0.91	0.76	0.97	0.82	0.95	0.9	0.86	0.76	GEQIX
GWILX	0.95	0.91		0.74	0.95	0.94	0.97	0.89	0.92	0.79	GWILX
GHYMX	0.64	0.76	0.74		0.77	0.62	0.72	0.75	0.64	0.91	GHYMX
RESGX	0.86	0.97	0.95	0.77		0.87	0.96	0.95	0.88	0.78	RESGX
GLSOX	0.98	0.82	0.94	0.62	0.87		0.95	0.81	0.95	0.72	GLSOX
GQLVX	0.95	0.95	0.97	0.72	0.96	0.95		0.89	0.95	0.76	GQLVX
GQSCX	0.8	0.9	0.89	0.75	0.95	0.81	0.89		0.79	0.76	GQSCX
GTAPX	0.95	0.86	0.92	0.64	0.88	0.95	0.95	0.79		0.73	GTAPX
GTAWX	0.74	0.76	0.79	0.91	0.78	0.72	0.76	0.76	0.73		GTAWX
	NOVIX	GEQIX	GWILX	GHYMX	RESGX	GLSOX	GQLVX	GQSCX	GTAPX	GTAWX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Glenmede Mutual Fund performing well and Glenmede International 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 Glenmede International'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
NOVIX	0.23	0.03	(0.08)	0.47	0.15	(0.32)	0.40	(0.57)	1.55
GEQIX	0.45	(0.04)	(0.07)	0.01	0.59	(0.47)	0.75	(1.02)	3.18
GWILX	0.56	0.04	(0.02)	7.55	0.86	(0.49)	1.05	(1.23)	3.17
GHYMX	0.16	(0.02)	0.00	1.91	0.00	0.00	0.32	(0.32)	1.27
RESGX	0.57	(0.05)	(0.05)	0.01	0.80	(0.55)	1.00	(1.41)	3.02
GLSOX	0.10	0.01	(0.19)	0.13	0.00	(0.13)	0.21	(0.21)	1.00
GQLVX	0.51	0.00	0.00	0.06	0.61	(0.56)	0.96	(1.33)	3.17
GQSCX	1.05	(0.06)	(0.01)	0.03	1.27	(1.10)	1.95	(1.91)	5.94
GTAPX	0.25	0.02	(0.08)	0.16	0.19	(0.29)	0.60	(0.51)	1.66
GTAWX	0.04	(0.01)	(0.62)	1.17	0.00	(0.10)	0.10	(0.10)	0.20

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

Glenmede International Related Correlations

Specify up to 10 symbols:

Correlations

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY