Cohen Steers Correlations

Mutual Funds . USA . 
Fund . Cohen Steers Real
CSDIX Fund  USD 17.67  0.16  0.90%   
The current 90-days correlation between Cohen Steers Real and Inflation Adjusted Bond Fund is 0.1 (i.e., Average diversification). The correlation of Cohen Steers 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.

Cohen Steers Correlation With Market

Very weak diversification

The correlation between Cohen Steers Real and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cohen Steers Real 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 Cohen Steers Real. 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 gross domestic product.
For more information on how to buy Cohen Mutual Fund please use our How to Invest in Cohen Steers guide.

Moving together with Cohen Mutual Fund

  0.8O Realty IncomePairCorr
  0.69DX Dynex CapitalPairCorr
  0.84FR First Industrial RealtyPairCorr
  0.75WY WeyerhaeuserPairCorr
  0.7AHT-PH Ashford Hospitality TrustPairCorr
  0.65AHT-PI Ashford Hospitality TrustPairCorr
  0.7AHT-PF Ashford Hospitality TrustPairCorr
  0.68AHT-PG Ashford Hospitality TrustPairCorr
  0.63DOUG Douglas EllimanPairCorr
  0.69VNO-PL Vornado Realty TrustPairCorr
  0.61VNO-PM Vornado Realty TrustPairCorr
  0.79VICI VICI PropertiesPairCorr
  0.72MITT-PA AG Mortgage InvestmentPairCorr
  0.76MITT-PB AG Mortgage InvestmentPairCorr
  0.66MITT-PC AG Mortgage InvestmentPairCorr
  0.76ELME Elme CommunitiesPairCorr
  0.78WELL WelltowerPairCorr
  0.71CDR-PB Cedar Realty TrustPairCorr

Moving against Cohen Mutual Fund

  0.48PK Park Hotels ResortsPairCorr
  0.48PW Power REIT Earnings Call This WeekPairCorr
  0.5WETH Wetouch Technology CommonPairCorr
  0.5WHLR Wheeler Real EstatePairCorr
  0.45ESBA Empire State RealtyPairCorr
  0.36ESRT Empire State RealtyPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Cohen Mutual Fund performing well and Cohen Steers 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 Cohen Steers' 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.

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY