Crm All Correlations

CRIEX Fund

USD 6.72 0.09 1.36%

The current 90-days correlation between Crm All Cap and American Mutual Fund is -0.15 (i.e., Good diversification). The correlation of Crm All 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.

Crm All Correlation With Market

Good diversification

The correlation between Crm All Cap and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crm All Cap 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 Crm All Cap. 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 Crm Mutual Fund

0.86	VIMAX	Vanguard Mid Cap	Pair Corr
0.86	VIMSX	Vanguard Mid Cap	Pair Corr
0.86	VMCPX	Vanguard Mid Cap	Pair Corr
0.93	VMCIX	Vanguard Mid Cap	Pair Corr
0.93	VEXAX	Vanguard Extended Market	Pair Corr
0.99	VEMPX	Vanguard Extended Market	Pair Corr
0.93	VIEIX	Vanguard Extended Market	Pair Corr
0.99	VSEMX	Vanguard Extended Market	Pair Corr
0.99	VEXMX	Vanguard Extended Market	Pair Corr
0.99	FSMAX	Fidelity Extended Market	Pair Corr

Moving against Crm Mutual Fund

0.41	PFN	Pimco Income Strategy	Pair Corr
0.64	IIBAX	Voya Intermediate Bond	Pair Corr
0.59	MSPHX	Massmutual Select Total	Pair Corr
0.56	PDINX	Putnam Diversified Income	Pair Corr
0.49	JSEAX	Jpmorgan International	Pair Corr

Related Correlations Analysis

	AMFFX	DNLVX	DLQIX	DOXGX	GMLVX	TRCPX	PAFDX
AMFFX		0.58	0.37	0.97	0.53	0.98	0.83	AMFFX
DNLVX	0.58		0.78	0.57	0.15	0.66	0.6	DNLVX
DLQIX	0.37	0.78		0.33	-0.15	0.49	0.39	DLQIX
DOXGX	0.97	0.57	0.33		0.54	0.97	0.89	DOXGX
GMLVX	0.53	0.15	-0.15	0.54		0.46	0.6	GMLVX
TRCPX	0.98	0.66	0.49	0.97	0.46		0.87	TRCPX
PAFDX	0.83	0.6	0.39	0.89	0.6	0.87		PAFDX
	AMFFX	DNLVX	DLQIX	DOXGX	GMLVX	TRCPX	PAFDX

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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

TRCPX	+ 0.98	AMFFX
DOXGX	+ 0.97	AMFFX
TRCPX	+ 0.97	DOXGX
PAFDX	+ 0.89	DOXGX
PAFDX	+ 0.87	TRCPX
PAFDX	+ 0.83	AMFFX

High negative correlations

GMLVX

- 0.15

DLQIX

Risk-Adjusted Indicators

There is a big difference between Crm Mutual Fund performing well and Crm All 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 Crm All'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
AMFFX	0.54	0.06	0.13	0.02	0.66	(0.58)	1.09	(1.20)	2.78
DNLVX	0.68	(0.07)	0.00	1.53	0.00	0.00	1.24	(1.35)	5.70
DLQIX	0.85	(0.08)	0.00	0.48	0.00	0.00	1.33	(2.18)	4.45
DOXGX	0.59	0.11	0.15	0.07	0.74	(0.59)	1.35	(1.41)	3.35
GMLVX	0.71	0.08	0.14	2.25	0.90	(0.77)	1.57	(1.62)	5.51
TRCPX	0.63	0.08	0.12	0.04	0.78	(0.68)	1.27	(1.53)	3.55
PAFDX	0.58	0.06	0.19	(1.76)	0.62	(0.64)	1.18	(1.10)	3.38

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