Inflation-adjusted Correlations
ACITX Fund | USD 10.70 0.01 0.09% |
The current 90-days correlation between Inflation Adjusted Bond and Transamerica Funds is -0.04 (i.e., Good diversification). The correlation of Inflation-adjusted 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Inflation-adjusted Correlation With Market
Average diversification
The correlation between Inflation Adjusted Bond Fund and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Inflation Adjusted Bond Fund and DJI in the same portfolio, assuming nothing else is changed.
Inflation-adjusted |
Moving together with Inflation-adjusted Mutual Fund
0.9 | CDBCX | Diversified Bond | PairCorr |
0.92 | TWACX | Short Term Government | PairCorr |
0.94 | TWARX | Short Term Government | PairCorr |
0.9 | TWAVX | Short Term Government | PairCorr |
0.88 | TWGAX | International Growth | PairCorr |
0.88 | TWIEX | International Growth | PairCorr |
0.79 | TWTCX | Intermediate Term Tax | PairCorr |
0.73 | TWTIX | Intermediate Term Tax | PairCorr |
0.91 | TWUSX | Short Term Government | PairCorr |
0.91 | TWUOX | Short Term Government | PairCorr |
0.74 | TWWOX | Intermediate Term Tax | PairCorr |
Moving against Inflation-adjusted Mutual Fund
0.58 | AMEIX | Equity Growth | PairCorr |
0.58 | TWCCX | Ultra Fund C | PairCorr |
0.58 | TWCIX | Select Fund Investor | PairCorr |
0.55 | AMGIX | Income Growth | PairCorr |
0.55 | TWCGX | Growth Fund Investor | PairCorr |
0.54 | TWADX | Value Fund A | PairCorr |
0.53 | TWCAX | Select Fund A | PairCorr |
0.42 | AMDVX | Mid Cap Value | PairCorr |
0.42 | AMVYX | Mid Cap Value | PairCorr |
0.42 | AMVGX | Mid Cap Value | PairCorr |
0.41 | AMVRX | Mid Cap Value | PairCorr |
0.62 | TWCUX | Ultra Fund Investor | PairCorr |
0.61 | TWHIX | Heritage Fund Investor | PairCorr |
0.54 | TWSIX | Select Fund I | PairCorr |
0.51 | TWGIX | Growth Fund I | PairCorr |
0.5 | TWRCX | Growth Fund C | PairCorr |
0.43 | TWEAX | Equity Income | PairCorr |
0.43 | TWEIX | Equity Income | PairCorr |
0.37 | TWSAX | Strategic Allocation: | PairCorr |
0.58 | TWUAX | Ultra Fund A | PairCorr |
0.58 | TWUIX | Ultra Fund I | PairCorr |
0.54 | TWVLX | Value Fund Investor | PairCorr |
0.52 | ANOHX | American Century Small | PairCorr |
0.49 | ANODX | Small Cap Growth | PairCorr |
0.48 | ANORX | Small Cap Growth | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Inflation-adjusted Mutual Fund performing well and Inflation-adjusted 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 Inflation-adjusted'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
TFGXX | 0.03 | 0.01 | 0.00 | (0.34) | 0.00 | 0.00 | 1.01 | |||
ARTFX | 0.11 | 0.02 | (0.75) | 0.75 | 0.00 | 0.22 | 0.77 | |||
LTXFX | 0.09 | 0.00 | (0.56) | 0.00 | 0.11 | 0.19 | 0.78 | |||
TFBIX | 0.16 | 0.03 | (0.31) | (0.12) | 0.20 | 0.40 | 1.58 | |||
ABIMX | 0.18 | 0.03 | (0.25) | (0.12) | 0.27 | 0.40 | 1.73 | |||
PRVHX | 0.10 | 0.01 | (1.06) | 0.50 | 0.00 | 0.22 | 0.53 | |||
XFINX | 0.11 | 0.02 | (0.30) | 1.05 | 0.13 | 0.22 | 1.00 |