Professionally Managed Correlations

CAFX Etf

24.40 0.02 0.08%

The current 90-days correlation between Professionally Managed and Valued Advisers Trust is -0.24 (i.e., Very good diversification). The correlation of Professionally Managed 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.

Professionally Managed Correlation With Market

Average diversification

The correlation between Professionally Managed Portfol and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Professionally Managed Portfol 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 Professionally Managed Portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Professionally Etf

0.83	BND	Vanguard Total Bond	Pair Corr
0.76	VEA	Vanguard FTSE Developed Sell-off Trend	Pair Corr
0.68	VWO	Vanguard FTSE Emerging	Pair Corr
0.82	PMBS	PIMCO Mortgage Backed	Pair Corr
0.62	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.73	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.63	VZ	Verizon Communications Fiscal Year End 28th of January 2025	Pair Corr
0.65	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr

Moving against Professionally Etf

0.39	DSJA	DSJA	Pair Corr
0.46	JPM	JPMorgan Chase Earnings Call This Week	Pair Corr
0.46	CSCO	Cisco Systems	Pair Corr
0.38	BAC	Bank of America Earnings Call This Week	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.76	-0.53	-0.55	0.36	0.46	0.52	0.21	-0.02	-0.6	META
MSFT	0.76		-0.6	-0.29	0.6	0.1	0.69	0.43	-0.26	-0.6	MSFT
UBER	-0.53	-0.6		0.58	-0.68	0.15	-0.81	-0.6	0.69	0.81	UBER
F	-0.55	-0.29	0.58		-0.05	-0.14	-0.19	0.09	0.11	0.79	F
T	0.36	0.6	-0.68	-0.05		-0.17	0.85	0.8	-0.62	-0.44	T
A	0.46	0.1	0.15	-0.14	-0.17		-0.1	-0.3	0.61	0.11	A
CRM	0.52	0.69	-0.81	-0.19	0.85	-0.1		0.83	-0.69	-0.56	CRM
JPM	0.21	0.43	-0.6	0.09	0.8	-0.3	0.83		-0.75	-0.38	JPM
MRK	-0.02	-0.26	0.69	0.11	-0.62	0.61	-0.69	-0.75		0.44	MRK
XOM	-0.6	-0.6	0.81	0.79	-0.44	0.11	-0.56	-0.38	0.44		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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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

CRM	+ 0.85	T
JPM	+ 0.83	CRM
XOM	+ 0.81	UBER
JPM	+ 0.8	T
XOM	+ 0.79	F
MSFT	+ 0.76	META

High negative correlations

CRM	- 0.81	UBER
MRK	- 0.75	JPM
MRK	- 0.69	CRM
T	- 0.68	UBER
MRK	- 0.62	T
JPM	- 0.6	UBER

Professionally Managed Competition Risk-Adjusted Indicators

There is a big difference between Professionally Etf performing well and Professionally Managed ETF 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 Professionally Managed'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
META	1.30	0.04	0.02	0.16	1.52	(1.48)	3.22	(3.15)	7.43
MSFT	0.89	0.03	0.01	(0.26)	1.64	(0.80)	1.78	(1.73)	8.14
UBER	1.73	(0.18)	0.00	(0.85)	0.00	0.00	2.67	(5.35)	20.41
F	1.36	(0.10)	0.00	(0.30)	0.00	0.00	2.38	(2.81)	11.21
T	0.97	0.03	0.02	0.12	1.17	(1.02)	1.93	(1.99)	7.95
A	1.12	(0.09)	0.00	(0.22)	0.00	0.00	2.43	(2.42)	8.06
CRM	1.42	0.20	0.12	1.34	1.39	(1.63)	3.16	(2.88)	14.80
JPM	1.01	0.23	0.17	2.97	1.06	(1.21)	1.65	(1.42)	15.87
MRK	0.95	(0.14)	0.00	(0.60)	0.00	0.00	1.72	(2.13)	5.17
XOM	0.76	(0.23)	0.00	(0.98)	0.00	0.00	1.42	(2.14)	6.06

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