Cullen Small Correlations

Mutual Funds . USA . 
Fund . Cullen Small Cap
CUSIX Fund  USD 13.00  0.11  0.84%   
The current 90-days correlation between Cullen Small Cap and Pro Blend Servative Term is 0.74 (i.e., Poor diversification). The correlation of Cullen 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.

Cullen Small Correlation With Market

Very weak diversification

The correlation between Cullen Small Cap and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cullen 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 Cullen 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 gross domestic product.

Moving together with Cullen Mutual Fund

  1.0CUSCX Cullen Small CapPairCorr
  1.0CUSRX Cullen Small CapPairCorr
  0.62CVLVX Cullen ValuePairCorr
  0.65CVLFX Cullen ValuePairCorr
  0.63CVLEX Cullen ValuePairCorr
  0.94VSIIX Vanguard Small CapPairCorr
  0.94VISVX Vanguard Small CapPairCorr
  0.96DFSVX Us Small CapPairCorr
  0.95DFFVX Us Targeted ValuePairCorr
  0.92UBVCX Undiscovered ManagersPairCorr
  0.92UBVAX Undiscovered ManagersPairCorr
  0.92UBVSX Undiscovered ManagersPairCorr
  0.96AVFIX American Beacon SmallPairCorr
  0.72SMPIX Semiconductor UltrasectorPairCorr
  0.68SMPSX Semiconductor UltrasectorPairCorr

Moving against Cullen Mutual Fund

  0.65CIHIX Cullen International HighPairCorr
  0.65CIHDX Cullen International HighPairCorr
  0.64CIHCX Cullen International HighPairCorr
  0.58LIFAX Lord Abbett InflationPairCorr
  0.58NWJJX Nationwide Highmark BondPairCorr
  0.57BRAMX Bats Series MPairCorr
  0.55TTEEX T Rowe PricePairCorr
  0.55TREMX T Rowe PricePairCorr
  0.37OWCIX Old Westbury CreditPairCorr
  0.36TEDMX Templeton DevelopingPairCorr
  0.35TEMHX Tiaa Cref EmergingPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Cullen Mutual Fund performing well and Cullen 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 Cullen 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.

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