Archer Focus Correlations

AFOCX Fund

USD 23.75 0.18 0.76%

The current 90-days correlation between Archer Focus and Allianzgi Technology Fund is 0.17 (i.e., Average diversification). The correlation of Archer Focus 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.

Archer Focus Correlation With Market

Modest diversification

The correlation between Archer Focus and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Archer Focus and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archer Focus. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Archer Mutual Fund

0.61	ARCHX	Archer Balanced	Pair Corr
0.74	ARDGX	Archer Dividend Growth	Pair Corr
0.98	ARSKX	Archer Stock	Pair Corr
0.76	VVIAX	Vanguard Value Index	Pair Corr
0.78	DOXGX	Dodge Cox Stock	Pair Corr
0.83	AFMFX	American Mutual	Pair Corr
0.82	FFMMX	American Funds American	Pair Corr
0.82	FFFMX	American Funds American	Pair Corr
0.83	AMRMX	American Mutual	Pair Corr
0.82	AMFFX	American Mutual	Pair Corr
0.82	AMFCX	American Mutual	Pair Corr
0.66	DODGX	Dodge Stock Fund	Pair Corr
0.78	VIVAX	Vanguard Value Index	Pair Corr

Related Correlations Analysis

	DRGTX	CMTFX	MTCIX	VITAX	GISTX	USTCX	TEPIX	TOWTX
DRGTX		0.97	0.16	0.9	0.92	0.89	0.47	0.13	DRGTX
CMTFX	0.97		0.25	0.91	0.94	0.9	0.54	0.2	CMTFX
MTCIX	0.16	0.25		0.31	0.42	0.41	0.67	0.36	MTCIX
VITAX	0.9	0.91	0.31		0.87	0.98	0.64	0.04	VITAX
GISTX	0.92	0.94	0.42	0.87		0.91	0.56	0.16	GISTX
USTCX	0.89	0.9	0.41	0.98	0.91		0.63	0.02	USTCX
TEPIX	0.47	0.54	0.67	0.64	0.56	0.63		0.38	TEPIX
TOWTX	0.13	0.2	0.36	0.04	0.16	0.02	0.38		TOWTX
	DRGTX	CMTFX	MTCIX	VITAX	GISTX	USTCX	TEPIX	TOWTX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Archer Mutual Fund performing well and Archer Focus 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 Archer Focus' 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
DRGTX	0.96	0.10	0.05	18.84	1.37	(0.94)	1.87	(2.11)	7.49
CMTFX	0.93	0.08	0.05	0.56	1.29	(0.94)	1.96	(2.47)	5.99
MTCIX	1.06	(0.04)	0.00	(0.04)	0.00	0.00	2.01	(2.29)	14.84
VITAX	0.89	0.15	0.10	0.67	1.18	(0.87)	1.84	(1.78)	6.58
GISTX	0.96	0.09	0.05	(3.44)	1.36	(1.04)	2.26	(2.10)	7.34
USTCX	1.00	0.17	0.10	0.51	1.30	(0.98)	2.06	(1.88)	7.13
TEPIX	1.45	0.00	0.00	0.01	2.72	(1.35)	2.79	(3.71)	14.99
TOWTX	0.64	(0.04)	0.00	(0.44)	0.00	0.00	1.12	(1.68)	6.26

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

Archer Focus Correlations

Archer Focus Correlation With Market

Modest diversification

Moving together with Archer Mutual Fund

Related Correlations Analysis

Risk-Adjusted Indicators

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY