New Perspective Related Correlations
NPFFX Fund | USD 57.62 0.14 0.24% |
Correlations
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | NPFCX | ||
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | ANWPX | ||
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | CNPAX | ||
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | CNPEX | ||
1.0 | 1.0 | 1.0 | 1.0 | 1.0 | CNPCX | ||
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 Perspective 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 Perspective'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
NPFCX | 0.57 | 0.01 | 0.02 | 0.06 | 0.60 | 1.18 | 3.75 | |||
ANWPX | 0.57 | 0.02 | 0.02 | 0.06 | 0.59 | 1.19 | 3.72 | |||
CNPAX | 0.57 | 0.02 | 0.02 | 0.06 | 0.60 | 1.19 | 3.72 | |||
CNPEX | 0.57 | 0.02 | 0.02 | 0.06 | 0.59 | 1.18 | 3.74 | |||
CNPCX | 0.57 | 0.01 | 0.02 | 0.06 | 0.60 | 1.18 | 3.72 | |||
RNPAX | 0.57 | 0.01 | 0.02 | 0.06 | 0.60 | 1.19 | 3.73 |