Frost Credit Correlations

Mutual Funds . USA . 
Fund . Frost Credit Fund
FCFAX Fund  USD 9.47  0.02  0.21%   
The current 90-days correlation between Frost Credit and Gmo High Yield is 0.15 (i.e., Average diversification). The correlation of Frost Credit 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 Credit Correlation With Market

Modest diversification

The correlation between Frost Credit Fund and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Frost Credit Fund 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 Credit Fund. 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.

Moving together with Frost Mutual Fund

  0.93FADLX Frost Low DurationPairCorr
  0.92FAJEX Frost Total ReturnPairCorr
  0.93FATRX Frost Total ReturnPairCorr
  1.0FCFIX Frost CreditPairCorr
  1.0FCFBX Fidelity Advisor FreedomPairCorr
  0.89FIJEX Frost Total ReturnPairCorr
  0.93FILDX Frost Low DurationPairCorr
  0.98PONAX Pimco IncomePairCorr
  0.95PONCX Pimco IncomePairCorr
  0.98PIPNX Pimco IncomePairCorr
  0.95PONRX Pimco IncomePairCorr
  0.98PONPX Pimco Incme FundPairCorr
  0.95PIINX Pimco IncomePairCorr
  0.95PIMIX Pimco IncomePairCorr
  0.85LBNDX Lord Abbett BondPairCorr
  0.79FSTAX Fidelity Advisor StrPairCorr
  0.81FSRIX Fidelity Advisor StrPairCorr
  0.9VTISX Vanguard Total InterPairCorr
  0.9VTSNX Vanguard Total InterPairCorr
  0.91VTPSX Vanguard Total InterPairCorr
  0.96DFXIX Dfa Diversified FixedPairCorr
  0.9DPIGX Intermediate GovernmentPairCorr
  0.88GSZAX Goldman Sachs StrategicPairCorr
  0.88FRIMX Fidelity Income ReplPairCorr
  0.87BILDX Doubleline InfrastructurePairCorr
  0.88AFFIX Api Multi AssetPairCorr
  0.86LBHIX Thrivent High YieldPairCorr
  0.87PSDAX Short Duration MunicipalPairCorr
  0.9VWEAX Vanguard High YieldPairCorr
  0.69NLSAX Neuberger Berman LongPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Frost Mutual Fund performing well and Frost Credit 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 Credit'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.

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