Berkshire Focus Correlations

BFOCX Fund

USD 25.52 0.23 0.89%

The current 90-days correlation between Berkshire Focus and Red Oak Technology is 0.86 (i.e., Very poor diversification). The correlation of Berkshire 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.

Berkshire Focus Correlation With Market

Good diversification

The correlation between Berkshire Focus and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Berkshire 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 Berkshire 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 Berkshire Mutual Fund

0.65	VEEA	Veea Inc Symbol Change	Pair Corr
0.78	VISL	Vislink Technologies	Pair Corr
0.63	ZSPC	zSpace, Common stock Upward Rally	Pair Corr
0.7	INGM	Ingram Micro Holding	Pair Corr
0.86	HPE-PC	Hewlett Packard Ente	Pair Corr
0.61	VEEAW	Veea Inc Symbol Change	Pair Corr
0.67	NOVA	Sunnova Energy Inter	Pair Corr
0.63	NXXT	NextNRG Symbol Change	Pair Corr
0.74	CORZZ	Core Scientific, Tranche	Pair Corr
0.73	SLNHP	Soluna Holdings Preferred	Pair Corr
0.78	PENG	Penguin Solutions, Symbol Change	Pair Corr

Moving against Berkshire Mutual Fund

0.65	INFN	Infinera	Pair Corr
0.56	MTTR	Matterport	Pair Corr
0.52	EMKR	EMCORE	Pair Corr
0.4	HPAIW	Helport AI Limited	Pair Corr
0.36	HCP	Hashicorp	Pair Corr
0.31	LGTY	Logility Supply Chain Symbol Change	Pair Corr
0.6	NTCL	NETCLASS TECHNOLOGY INC	Pair Corr
0.36	AMBR	Amber Road, Symbol Change	Pair Corr

Related Correlations Analysis

	ROGSX	TEFQX	CPOAX	INPIX	BGSAX
ROGSX		0.63	0.85	0.85	0.88	ROGSX
TEFQX	0.63		0.86	0.85	0.7	TEFQX
CPOAX	0.85	0.86		0.97	0.93	CPOAX
INPIX	0.85	0.85	0.97		0.92	INPIX
BGSAX	0.88	0.7	0.93	0.92		BGSAX
	ROGSX	TEFQX	CPOAX	INPIX	BGSAX

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Risk-Adjusted Indicators

There is a big difference between Berkshire Mutual Fund performing well and Berkshire 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 Berkshire 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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
ROGSX	1.22	(0.21)	0.69	1.67	(3.29)	6.71
TEFQX	1.69	0.03	(0.05)	2.96	(3.69)	10.40
CPOAX	1.76	(0.10)	(0.15)	3.26	(3.64)	10.09
INPIX	1.71	(0.15)	(0.17)	2.62	(4.54)	9.56
BGSAX	1.48	(0.09)	(0.15)	2.38	(3.68)	9.08

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