Cullen International Correlations

CIHPX Fund

USD 13.50 0.00 0.00%

The current 90-days correlation between Cullen International High and Ab High Income is -0.21 (i.e., Very good diversification). The correlation of Cullen International 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.

Cullen International Correlation With Market

Weak diversification

The correlation between Cullen International High and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cullen International High 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 Cullen International High. 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 Cullen Mutual Fund

0.67	CIHIX	Cullen International High	Pair Corr
0.75	CIHCX	Cullen International High	Pair Corr
0.75	CIHDX	Cullen International High	Pair Corr
0.62	FINVX	Fidelity Series Inte	Pair Corr
0.72	RRIGX	T Rowe Price	Pair Corr
0.85	IIF	Morgan Stanley India	Pair Corr
0.75	IFN	India Closed	Pair Corr

Moving against Cullen Mutual Fund

0.51	CLM	Cornerstone Strategic	Pair Corr
0.51	CRF	Cornerstone Strategic	Pair Corr
0.47	PRISX	T Rowe Price	Pair Corr
0.44	FRBCX	Regional Bank	Pair Corr
0.38	ASG	Liberty All Star	Pair Corr
0.37	ETV	Eaton Vance Tax	Pair Corr
0.34	USA	Liberty All Star	Pair Corr

Related Correlations Analysis

	AGDAX	WAHSX	CBSYX	APDFX	SIHSX	VGSTX	GMOZX	NEAIX
AGDAX		0.99	0.41	0.96	0.95	0.75	0.9	0.58	AGDAX
WAHSX	0.99		0.41	0.96	0.95	0.73	0.9	0.54	WAHSX
CBSYX	0.41	0.41		0.33	0.53	0.68	0.63	0.54	CBSYX
APDFX	0.96	0.96	0.33		0.87	0.73	0.84	0.57	APDFX
SIHSX	0.95	0.95	0.53	0.87		0.71	0.91	0.52	SIHSX
VGSTX	0.75	0.73	0.68	0.73	0.71		0.85	0.88	VGSTX
GMOZX	0.9	0.9	0.63	0.84	0.91	0.85		0.72	GMOZX
NEAIX	0.58	0.54	0.54	0.57	0.52	0.88	0.72		NEAIX
	AGDAX	WAHSX	CBSYX	APDFX	SIHSX	VGSTX	GMOZX	NEAIX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Cullen Mutual Fund performing well and Cullen International 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 Cullen International'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
AGDAX	0.12	0.03	(0.42)	(1.79)	0.00	(0.24)	0.29	(0.28)	0.87
WAHSX	0.13	0.03	(0.46)	(2.73)	0.00	(0.24)	0.43	(0.14)	0.86
CBSYX	0.32	(0.01)	(0.20)	0.08	0.36	(0.35)	0.62	(0.67)	1.85
APDFX	0.11	0.04	(0.52)	(0.85)	0.00	(0.18)	0.33	(0.22)	0.90
SIHSX	0.11	0.02	(0.79)	(1.11)	0.00	(0.17)	0.30	(0.20)	0.70
VGSTX	0.37	0.03	(0.14)	5.56	0.45	(0.36)	0.78	(0.88)	2.22
GMOZX	0.13	0.02	(0.46)	1.61	0.00	(0.18)	0.28	(0.33)	0.72
NEAIX	1.05	0.05	(0.02)	0.28	1.27	(1.11)	2.19	(2.27)	6.71

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