Dfa Intl Correlations

Mutual Funds . USA . 
Fund . Dfa Intl Core
CDFPX Fund  USD 21.98  0.17  0.77%   
The current 90-days correlation between Dfa Intl Core and Ocm Mutual Fund is -0.02 (i.e., Good diversification). The correlation of Dfa Intl 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.

Dfa Intl Correlation With Market

Good diversification

The correlation between Dfa Intl Core and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dfa Intl Core 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 Dfa Intl Core. 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 american community survey.

Moving together with Dfa Mutual Fund

  0.79VTSAX Vanguard Total StockPairCorr
  0.73VFIAX Vanguard 500 IndexPairCorr
  0.68VTSMX Vanguard Total StockPairCorr
  0.68VITSX Vanguard Total StockPairCorr
  0.68VSTSX Vanguard Total StockPairCorr
  0.68VSMPX Vanguard Total StockPairCorr
  0.72VFINX Vanguard 500 IndexPairCorr
  0.73VFFSX Vanguard 500 IndexPairCorr
  0.95VGTSX Vanguard Total InterPairCorr
  0.95VTIAX Vanguard Total InterPairCorr
  0.91NHS Neuberger Berman HighPairCorr
  0.9RCRPX American Funds RetirementPairCorr
  0.96IGIFX International Growth AndPairCorr
  0.87PDINX Putnam Diversified IncomePairCorr
  0.69ASDDX Short DurationPairCorr
  0.72PTLCX Low DurationPairCorr
  0.92OGHCX Jpmorgan High YieldPairCorr
  0.68VCMDX Vanguard CommodityPairCorr
  0.92FGVMX Fidelity New MarketsPairCorr
  0.83IHFAX Integrity High IncomePairCorr
  0.87CITFX American High IncomePairCorr
  0.85SRMSX Deutsche Short TermPairCorr
  0.83GAFYX Asg Global AlternativesPairCorr
  0.86TEI Templeton EmergingPairCorr
  0.93CRNSX Catholic ResponsiblePairCorr
  0.84VIPSX Vanguard Inflation-protecPairCorr
  0.91LICYX Lord Abbett InternationalPairCorr
  0.91MSYPX High Yield PortfolioPairCorr
  0.85GIEAX Gmo International EquityPairCorr
  0.85PHSIX Pimco High YieldPairCorr
  0.82JHYFX Janus High YieldPairCorr
  0.8PLHIX Pacific Funds HighPairCorr
  0.91HIPIX The Hartford InflationPairCorr
  0.93FCPCX Fidelity Advisor IntPairCorr

Moving against Dfa Mutual Fund

  0.36PSSCX Pimco StocksplusPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Dfa Mutual Fund performing well and Dfa Intl 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 Dfa Intl'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.

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