Curasset Capital Correlations

CMBEX Fund  USD 8.79  0.01  0.11%   
The current 90-days correlation between Curasset Capital Man and Calvert Large Cap is -0.17 (i.e., Good diversification). The correlation of Curasset Capital 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.

Curasset Capital Correlation With Market

Average diversification

The correlation between Curasset Capital Management and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Curasset Capital Management 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 Curasset Capital Management. 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 income.

Moving together with Curasset Mutual Fund

  0.97VBTLX Vanguard Total BondPairCorr
  0.99VBMFX Vanguard Total BondPairCorr
  0.97VBTIX Vanguard Total BondPairCorr
  0.99VTBSX Vanguard Total BondPairCorr
  0.99VTBIX Vanguard Total BondPairCorr
  0.97VTBNX Vanguard Total BondPairCorr
  0.98BFAFX Bond FundPairCorr
  0.98ABNDX Bond FundPairCorr
  0.98BFACX Bond FundPairCorr
  0.98FFBOX American FundsPairCorr

Moving against Curasset Mutual Fund

  0.34MLPNX Oppenheimer Steelpath MlpPairCorr
  0.34OSPPX Oppenheimer Steelpath MlpPairCorr
  0.34SPMPX Invesco Steelpath MlpPairCorr
  0.33MLPLX Oppenheimer Steelpath MlpPairCorr
  0.33SPMJX Invesco Steelpath MlpPairCorr
  0.33MLPMX Oppenheimer Steelpath MlpPairCorr
  0.77HIE Millerhoward High IncomePairCorr
  0.68MWATX Metropolitan West AlphaPairCorr
  0.63SCFVX Pgim Securitized CreditPairCorr
  0.62PFRIX Prudential Floating RatePairCorr
  0.55FOCPX Fidelity Otc PortfolioPairCorr
  0.54FSPTX Technology PortfolioPairCorr
  0.53RSFYX Victory Floating RatePairCorr
  0.5DFABX Dfa Investment DimensionsPairCorr
  0.470P0001GXZ7 Oaktree (lux)PairCorr
  0.46ABRFX Americafirst TacticalPairCorr
  0.44DLINX Doubleline FlexiblePairCorr
  0.43CISGX Touchstone Sands CapitalPairCorr
  0.37VFIAX Vanguard 500 IndexPairCorr
  0.36CISIX Calvert Large CapPairCorr
  0.35CRF Cornerstone StrategicPairCorr
  0.32RSSYX Victory Rs SelectPairCorr
  0.85UXPIX Ultrashort InternationalPairCorr
  0.58SRDAX Stone Ridge DiversifiedPairCorr
  0.51AAGOX Alger Large CapPairCorr
  0.47NFEAX Columbia Large CapPairCorr

Related Correlations Analysis

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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   
ETVADNRX
ABRFXCISIX
ABRFXADNRX
CISIXADNRX
ABRFXETV
ETVCISIX
  
High negative correlations   
RPEIXCMBEX
ETVCMBEX
ABRFXCMBEX
ADNRXCMBEX
BBBMXCMBEX
CISIXCMBEX

Risk-Adjusted Indicators

There is a big difference between Curasset Mutual Fund performing well and Curasset Capital 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 Curasset Capital'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
CMBEX  0.23 (0.07) 0.00 (1.21) 0.00 
 0.44 
 1.69 
CMIFX  0.08 (0.02) 0.00 (1.75) 0.00 
 0.10 
 1.02 
ADNRX  1.86  0.28  0.13  35.87  1.94 
 3.49 
 15.15 
RYKIX  1.07  0.07  0.05  0.51  1.34 
 2.40 
 14.68 
EKHAX  0.14  0.01  0.01  0.32  0.08 
 0.33 
 1.00 
CISIX  0.61  0.04  0.04  0.28  0.82 
 1.10 
 5.97 
BBBMX  0.05  0.01  0.05  2.77  0.00 
 0.10 
 0.58 
ETV  0.51  0.10  0.15  1.58  0.45 
 1.18 
 3.41 
ABRFX  1.05  0.12  0.09  1.02  1.29 
 2.18 
 8.28 
RPEIX  0.15  0.03  0.13  1.79  0.00 
 0.39 
 0.91