Frost Growth Correlations

FACEX Fund

USD 15.23 0.01 0.07%

The current 90-days correlation between Frost Growth Equity and Frost Kempner Multi Cap is 0.22 (i.e., Modest diversification). The correlation of Frost Growth 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.

Frost Growth Correlation With Market

Modest diversification

The correlation between Frost Growth Equity and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Frost Growth Equity 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 Frost Growth Equity. 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 income.

Moving together with Frost Mutual Fund

1.0

FICEX

Frost Growth Equity

Pair Corr

Moving against Frost Mutual Fund

0.57	FCFAX	Frost Credit	Pair Corr
0.56	FAFGX	American Funds	Pair Corr
0.56	FFAFX	American Funds	Pair Corr
0.56	GFACX	Growth Fund	Pair Corr
0.56	GFAFX	Growth Fund	Pair Corr
0.56	AGTHX	Growth Fund	Pair Corr
0.56	CGFFX	Growth Fund	Pair Corr
0.56	CGFCX	Growth Fund	Pair Corr
0.56	CGFAX	Growth Fund	Pair Corr
0.56	CGFEX	Growth Fund	Pair Corr
0.56	RGAEX	Growth Fund	Pair Corr
0.51	FCFBX	Fidelity Advisor Freedom	Pair Corr
0.49	FCFIX	Frost Credit	Pair Corr
0.64	ETV	Eaton Vance Tax	Pair Corr
0.61	VEXRX	Vanguard Explorer	Pair Corr
0.59	CLM	Cornerstone Strategic	Pair Corr
0.59	JAAAX	Alternative Asset	Pair Corr
0.58	CRF	Cornerstone Strategic Sell-off Trend	Pair Corr
0.57	ETY	Eaton Vance Tax	Pair Corr
0.56	NFJ	Virtus Dividend Interest	Pair Corr
0.54	CII	Blackrock Enhanced	Pair Corr
0.54	VFIAX	Vanguard 500 Index	Pair Corr
0.52	USA	Liberty All Star	Pair Corr
0.52	FDTRX	Franklin Dynatech	Pair Corr
0.49	ASG	Liberty All Star	Pair Corr
0.47	HYMAX	Lord Abbett High	Pair Corr
0.44	ANCFX	American Funds Funda	Pair Corr
0.39	MDCPX	Blackrock Bal Cap	Pair Corr
0.38	GMAWX	Gmo Small Cap Downward Rally	Pair Corr

Related Correlations Analysis

	FAKDX	FADLX	FATRX	FICEX	EGFFX
FAKDX		-0.63	-0.63	-0.44	0.86	FAKDX
FADLX	-0.63		0.97	0.09	-0.53	FADLX
FATRX	-0.63	0.97		0.11	-0.54	FATRX
FICEX	-0.44	0.09	0.11		-0.56	FICEX
EGFFX	0.86	-0.53	-0.54	-0.56		EGFFX
	FAKDX	FADLX	FATRX	FICEX	EGFFX

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

FATRX	+ 0.97	FADLX
EGFFX	+ 0.86	FAKDX
FICEX	+ 0.11	FATRX
FICEX	+ 0.09	FADLX

High negative correlations

FATRX	- 0.63	FAKDX
FADLX	- 0.63	FAKDX
EGFFX	- 0.56	FICEX
EGFFX	- 0.54	FATRX
EGFFX	- 0.53	FADLX
FICEX	- 0.44	FAKDX

Risk-Adjusted Indicators

There is a big difference between Frost Mutual Fund performing well and Frost Growth 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 Frost Growth'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
FAKDX	0.48	0.01	(0.03)	0.11	0.31	(0.63)	1.06	(0.87)	3.46
FADLX	0.09	(0.02)	0.00	(3.90)	0.00	0.00	0.20	(0.20)	0.51
FATRX	0.18	(0.04)	0.00	3.77	0.00	0.00	0.40	(0.41)	1.02
FICEX	0.93	(0.21)	0.00	(0.15)	0.00	0.00	1.69	(1.51)	19.67
EGFFX	0.71	0.03	0.01	0.12	0.82	(0.70)	1.57	(1.37)	4.66

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