Cohen Steers Correlations

CSFZX Fund  USD 55.21  0.26  0.47%   
The current 90-days correlation between Cohen Steers Global and Cohen Steers Mlp is -0.18 (i.e., Good 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

Average diversification

The correlation between Cohen Steers Global and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cohen Steers Global 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 Global. 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 nation.
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

  0.82CIRRX Cohen Steers RealPairCorr
  0.89IRFAX Cohen Steers InternaPairCorr
  0.89IRFCX Cohen Steers InternaPairCorr
  0.89IRFIX Cohen Steers InternaPairCorr
  0.89IRFRX Cohen Steers IntlPairCorr
  0.81CREFX Cohen Steers RealPairCorr
  0.83CSCIX Cohen Steers RealPairCorr
  0.81CSDIX Cohen Steers RealPairCorr
  0.82CSEIX Cohen Steers RealPairCorr
  1.0CSFCX Cohen Steers GlobalPairCorr
  1.0CSFAX Cohen Steers GlobalPairCorr
  0.82CSJCX Cohen Steers RealtyPairCorr
  0.8CSJAX Cohen Steers RealtyPairCorr
  0.79CSJZX Cohen Steers RealtyPairCorr
  0.81CSJRX Cohen Steers RealtyPairCorr
  0.8CSJIX Cohen Steers RealtyPairCorr

Moving against Cohen Mutual Fund

  0.56MLOZX Cohen Steers MlpPairCorr
  0.55MLOAX Cohen Steers MlpPairCorr
  0.53MLOIX Cohen Steers MlpPairCorr
  0.52MLOCX Cohen Steers MlpPairCorr
  0.52MLORX Cohen Steers MlpPairCorr
  0.31LPXFX Cohen Steers LowPairCorr

Related Correlations Analysis

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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.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MLOAX  0.63  0.08 (0.02) 12.96  0.86 
 1.15 
 3.29 
MLOCX  0.65  0.03 (0.03) 0.17  0.85 
 1.14 
 3.40 
MLOIX  0.63  0.03 (0.03) 0.18  0.83 
 1.16 
 3.29 
MLORX  0.64  0.03 (0.03) 0.17  0.86 
 1.14 
 3.39 
MLOZX  0.64  0.08 (0.02) 6.10  0.87 
 1.16 
 3.51 
PISHX  0.11  0.02 (0.47) 0.65  0.00 
 0.29 
 0.79 
RAPAX  0.38  0.00 (0.18) 0.09  0.45 
 0.77 
 1.92 
RAPIX  0.39  0.00 (0.17) 0.10  0.47 
 0.77 
 1.91 
RAPCX  0.38 (0.01)(0.18) 0.04  0.47 
 0.77 
 2.03 
RAPZX  0.38  0.00 (0.17) 0.09  0.44 
 0.77 
 2.01