Oklahoma College Correlations

FLOKX Fund

USD 15.86 0.23 1.43%

The current 90-days correlation between Oklahoma College Savings and Lebenthal Lisanti Small is 0.83 (i.e., Very poor diversification). The correlation of Oklahoma College 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.

Oklahoma College Correlation With Market

Modest diversification

The correlation between Oklahoma College Savings and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oklahoma College Savings 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 Oklahoma College Savings. 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 industry.

Moving together with Oklahoma Mutual Fund

0.61	VTSMX	Vanguard Total Stock	Pair Corr
0.61	VSTSX	Vanguard Total Stock	Pair Corr
0.61	VSMPX	Vanguard Total Stock	Pair Corr
0.92	FTYPX	Fidelity Freedom Index	Pair Corr
0.91	FFBTX	Fidelity Freedom Blend	Pair Corr
0.75	GCAVX	Gmo Small Cap	Pair Corr
0.86	GQLOX	Gmo Quality Fund	Pair Corr
0.77	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr

Moving against Oklahoma Mutual Fund

0.34

Boeing Fiscal Year End 29th of January 2025

Pair Corr

Related Correlations Analysis

	ASCGX	NESGX	QUAZX	MMSCX	TVOYX	PSBMX	RYSVX	VYRDX
ASCGX		0.9	0.94	0.88	0.81	0.76	0.94	0.84	ASCGX
NESGX	0.9		0.77	0.69	0.57	0.55	0.82	0.6	NESGX
QUAZX	0.94	0.77		0.97	0.94	0.92	0.95	0.95	QUAZX
MMSCX	0.88	0.69	0.97		0.98	0.95	0.96	0.99	MMSCX
TVOYX	0.81	0.57	0.94	0.98		0.97	0.91	0.99	TVOYX
PSBMX	0.76	0.55	0.92	0.95	0.97		0.85	0.95	PSBMX
RYSVX	0.94	0.82	0.95	0.96	0.91	0.85		0.92	RYSVX
VYRDX	0.84	0.6	0.95	0.99	0.99	0.95	0.92		VYRDX
	ASCGX	NESGX	QUAZX	MMSCX	TVOYX	PSBMX	RYSVX	VYRDX

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Risk-Adjusted Indicators

There is a big difference between Oklahoma Mutual Fund performing well and Oklahoma College 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 Oklahoma College'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
ASCGX	1.13	0.07	0.05	0.10	1.41	(1.14)	2.24	(2.22)	8.49
NESGX	1.23	0.08	0.06	0.12	1.35	(1.39)	2.41	(2.29)	7.89
QUAZX	0.99	0.02	0.02	0.03	1.34	(0.99)	1.93	(2.08)	9.06
MMSCX	0.84	0.00	0.00	(0.02)	1.09	(0.93)	1.70	(1.58)	10.01
TVOYX	0.79	(0.02)	0.00	(0.06)	0.00	0.00	1.62	(1.58)	9.38
PSBMX	0.82	(0.01)	0.00	(0.04)	0.00	0.00	1.48	(1.54)	9.63
RYSVX	0.92	0.03	0.03	0.06	1.19	(0.98)	1.99	(1.76)	10.89
VYRDX	0.77	0.00	0.01	(0.01)	1.04	(0.85)	1.66	(1.51)	10.40

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