Fpa Crescent Correlations

FPCSX Fund

USD 40.73 0.10 0.24%

The current 90-days correlation between Fpa Crescent and Blackrock Equity Dividend is -0.07 (i.e., Good diversification). The correlation of Fpa Crescent 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.

Fpa Crescent Correlation With Market

Good diversification

The correlation between Fpa Crescent and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fpa Crescent 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 Fpa Crescent. 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 state.

Moving together with Fpa Mutual Fund

0.76	FFIFX	American Funds	Pair Corr
0.76	FAIFX	American Funds	Pair Corr
0.81	IFACX	Income Fund	Pair Corr
0.68	IFAFX	Income Fund	Pair Corr
0.73	AMECX	Income Fund	Pair Corr
0.81	RIDBX	Income Fund	Pair Corr
0.82	CIMEX	Income Fund	Pair Corr
0.68	RIDFX	Income Fund	Pair Corr
0.81	CIMCX	Income Fund	Pair Corr
0.82	CIMFX	Income Fund	Pair Corr
0.62	VSTSX	Vanguard Total Stock	Pair Corr
0.62	VSMPX	Vanguard Total Stock	Pair Corr
0.62	VITSX	Vanguard Total Stock	Pair Corr
0.65	VFFSX	Vanguard 500 Index	Pair Corr
0.65	VFIAX	Vanguard 500 Index	Pair Corr
0.61	VINIX	Vanguard Institutional	Pair Corr
0.63	VTSAX	Vanguard Total Stock	Pair Corr
0.79	WMT	Walmart	Pair Corr
0.73	GE	GE Aerospace	Pair Corr
0.67	DD	Dupont De Nemours	Pair Corr
0.7	CSCO	Cisco Systems	Pair Corr

Moving against Fpa Mutual Fund

0.73

MRK

Merck Company

Pair Corr

Related Correlations Analysis

	MSDVX	TACLX	AMFFX	TRCPX	VAAGX	DOXGX	DLQIX	GVALX
MSDVX		0.8	0.73	0.87	0.49	0.92	0.09	0.37	MSDVX
TACLX	0.8		0.92	0.91	0.75	0.91	0.29	0.66	TACLX
AMFFX	0.73	0.92		0.86	0.84	0.83	0.52	0.83	AMFFX
TRCPX	0.87	0.91	0.86		0.77	0.98	0.2	0.52	TRCPX
VAAGX	0.49	0.75	0.84	0.77		0.66	0.65	0.8	VAAGX
DOXGX	0.92	0.91	0.83	0.98	0.66		0.11	0.47	DOXGX
DLQIX	0.09	0.29	0.52	0.2	0.65	0.11		0.73	DLQIX
GVALX	0.37	0.66	0.83	0.52	0.8	0.47	0.73		GVALX
	MSDVX	TACLX	AMFFX	TRCPX	VAAGX	DOXGX	DLQIX	GVALX

Click cells to compare fundamentals

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Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Fpa Mutual Fund performing well and Fpa Crescent 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 Fpa Crescent'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
MSDVX	0.59	0.06	0.10	0.02	0.79	(0.61)	1.18	(1.32)	3.16
TACLX	0.68	(0.08)	0.00	0.85	0.00	0.00	1.26	(1.49)	3.10
AMFFX	0.63	(0.10)	0.00	0.51	0.00	0.00	1.09	(1.46)	5.17
TRCPX	0.65	(0.04)	0.00	0.32	0.00	0.00	1.21	(1.53)	3.55
VAAGX	0.70	(0.11)	0.00	0.81	0.00	0.00	1.22	(1.63)	3.33
DOXGX	0.63	(0.02)	0.07	0.11	0.91	(0.61)	1.30	(1.41)	3.35
DLQIX	1.25	(0.29)	0.00	(0.23)	0.00	0.00	1.34	(2.33)	21.92
GVALX	0.78	(0.18)	0.00	0.59	0.00	0.00	1.06	(1.22)	10.37

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