Crm Small Correlations

Mutual Funds . USA . 
Fund . Crm Small Cap
CRISX Fund  USD 20.50  0.01  0.05%   
The current 90-days correlation between Crm Small Cap and Vanguard Small Cap Index is 0.93 (i.e., Almost no diversification). The correlation of Crm Small 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 Small Correlation With Market

Very poor diversification

The correlation between Crm Small Cap and DJI is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crm Small 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 Small 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 state.

Moving together with Crm Mutual Fund

  0.94CRIEX Crm All CapPairCorr
  0.99CRIAX Crm Smallmid CapPairCorr
  0.93CRIMX Crm Mid CapPairCorr
  0.94CRIHX Crm Longshort OpportPairCorr
  0.93CRMMX Crm Mid CapPairCorr
  0.94CRMEX Crm All CapPairCorr
  0.98CRMAX Crm Smallmid CapPairCorr
  1.0CRMSX Crm Small CapPairCorr
  0.97VSMAX Vanguard Small CapPairCorr
  0.97VSCIX Vanguard Small CapPairCorr
  0.97VSCPX Vanguard Small CapPairCorr
  0.97NAESX Vanguard Small CapPairCorr
  0.99FSSNX Fidelity Small CapPairCorr
  0.99DFSTX Us Small CapPairCorr
  0.99PASVX T Rowe PricePairCorr
  0.99PRVIX T Rowe PricePairCorr
  0.99TRZVX T Rowe PricePairCorr
  0.99PRSVX T Rowe PricePairCorr
  0.66TSGHX Tiaa Cref LifestylePairCorr
  0.83DXQLX Direxion Monthly NasdaqPairCorr
  0.83PTY Pimco Corporate IncomePairCorr
  0.9GAB Gabelli Equity TrustPairCorr
  0.88VFIAX Vanguard 500 IndexPairCorr
  0.65RBKTX American Funds 2040PairCorr
  0.97AASMX Thrivent Small CapPairCorr
  0.85HACAX Harbor Capital ApprePairCorr
  0.88VFINX Vanguard 500 IndexPairCorr
  0.88AIO Virtus Allianzgi ArtPairCorr
  0.91TRLCX Tiaa-cref Large-capPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Crm Mutual Fund performing well and Crm Small 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 Small'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
VSMAX  0.74  0.03  0.06  0.15  0.68 
(0.83)
 1.62 
(1.25)
 5.36 
VSCIX  0.74  0.03  0.06  0.15  0.68 
(0.83)
 1.62 
(1.24)
 5.35 
VSCPX  0.74  0.03  0.06  0.15  0.68 
(0.83)
 1.62 
(1.25)
 5.35 
NAESX  0.74  0.03  0.06  0.15  0.68 
(0.82)
 1.62 
(1.25)
 5.35 
FSSNX  0.91 (0.03) 0.03  0.11  0.90 
(0.97)
 2.11 
(1.61)
 7.62 
DFSTX  0.85 (0.02) 0.03  0.11  0.80 
(0.94)
 1.89 
(1.45)
 7.11 
PASVX  0.75 (0.01) 0.02  0.12  0.68 
(0.79)
 1.74 
(1.22)
 6.47 
PRVIX  0.75 (0.01) 0.03  0.12  0.68 
(0.80)
 1.73 
(1.23)
 6.48 
TRZVX  0.75 (0.01) 0.03  0.12  0.67 
(0.80)
 1.73 
(1.23)
 6.48 
PRSVX  0.75 (0.01) 0.03  0.12  0.68 
(0.80)
 1.73 
(1.23)
 6.48 

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