Dodge International Correlations

DODFX Fund

USD 56.31 0.25 0.45%

The current 90-days correlation between Dodge International Stock and Dodge Stock Fund is 0.7 (i.e., Poor diversification). The correlation of Dodge International 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.

Dodge International Correlation With Market

Good diversification

The correlation between Dodge International Stock and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dodge International Stock and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dodge International Stock. 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 census.

Moving together with Dodge Mutual Fund

0.95	DODEX	Dodge Cox Emerging	Pair Corr
0.9	DODBX	Dodge Balanced	Pair Corr
0.95	DODLX	Dodge Global Bond	Pair Corr
0.9	DODIX	Dodge Income	Pair Corr
0.95	DOXLX	Dodge Cox Global	Pair Corr
0.91	DOXIX	Dodge Cox Income	Pair Corr
0.98	DOXFX	Dodge Cox International	Pair Corr
0.94	DOXWX	Dodge Cox Global	Pair Corr
0.9	OANIX	Oakmark International	Pair Corr
0.98	OAKIX	Oakmark International	Pair Corr
0.9	OAYIX	Oakmark International	Pair Corr
0.96	OAZIX	Oakmark International	Pair Corr
0.96	FINVX	Fidelity Series Inte	Pair Corr
0.98	VTRIX	Vanguard International	Pair Corr
0.91	RRIGX	T Rowe Price	Pair Corr
0.99	VGTSX	Vanguard Total Inter	Pair Corr
0.99	VTIAX	Vanguard Total Inter	Pair Corr
0.9	UTF	Cohen And Steers	Pair Corr
0.89	EMBAX	Unconstrained Emerging	Pair Corr
0.74	DLDFX	Destinations Low Duration	Pair Corr
0.94	ABNOX	Ab Bond Inflation	Pair Corr
0.91	VSGDX	Vanguard Short Term	Pair Corr
0.91	PSDNX	Putnam Ultra Short	Pair Corr
0.9	SAEMX	Sa Emerging Markets	Pair Corr
0.79	EBSFX	Eubel Brady Suttman	Pair Corr

Moving against Dodge Mutual Fund

0.45	VSMPX	Vanguard Total Stock	Pair Corr
0.45	VSTSX	Vanguard Total Stock	Pair Corr
0.45	VITSX	Vanguard Total Stock	Pair Corr
0.43	VTSAX	Vanguard Total Stock	Pair Corr
0.43	VTSMX	Vanguard Total Stock	Pair Corr
0.42	VFFSX	Vanguard 500 Index	Pair Corr
0.39	VFIAX	Vanguard 500 Index	Pair Corr
0.39	VFINX	Vanguard 500 Index	Pair Corr

Related Correlations Analysis

	DODGX	DODIX	DODBX	FAIRX	PTTRX
DODGX		0.39	0.82	0.7	0.38	DODGX
DODIX	0.39		0.82	0.1	0.99	DODIX
DODBX	0.82	0.82		0.5	0.82	DODBX
FAIRX	0.7	0.1	0.5		0.08	FAIRX
PTTRX	0.38	0.99	0.82	0.08		PTTRX
	DODGX	DODIX	DODBX	FAIRX	PTTRX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Dodge Mutual Fund performing well and Dodge International 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 Dodge International'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
DODGX	0.60	0.05	0.07	(0.54)	0.74	(0.61)	1.27	(1.31)	3.36
DODIX	0.25	0.03	0.12	(0.60)	0.15	(0.31)	0.63	(0.39)	1.46
DODBX	0.38	0.07	0.15	(1.03)	0.32	(0.42)	0.83	(0.69)	2.08
FAIRX	0.87	0.09	0.09	0.11	0.91	(1.00)	2.09	(1.66)	6.38
PTTRX	0.26	0.04	0.13	2.88	0.16	(0.33)	0.59	(0.46)	1.67

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