Oklahoma College Correlations

FQODX Fund

USD 14.67 0.03 0.20%

The current 90-days correlation between Oklahoma College Savings and Vanguard Total Stock is 0.23 (i.e., Modest 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

Average diversification

The correlation between Oklahoma College Savings and DJI is 0.12 (i.e., Average 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 unemployment.

Moving together with Oklahoma Mutual Fund

0.85	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.67	PG	Procter Gamble	Pair Corr
0.72	HPQ	HP Inc	Pair Corr
0.69	VZ	Verizon Communications Fiscal Year End 28th of January 2025	Pair Corr
0.82	HD	Home Depot	Pair Corr

Moving against Oklahoma Mutual Fund

0.52

Boeing Fiscal Year End 29th of January 2025

Pair Corr

Related Correlations Analysis

	VTSAX	VFIAX	VTSMX	VITSX	VSTSX	VSMPX	VFINX	VFFSX	VGTSX	VTIAX
VTSAX		0.92	1.0	1.0	1.0	1.0	0.92	1.0	-0.48	-0.52	VTSAX
VFIAX	0.92		0.92	0.92	0.92	0.92	1.0	0.92	-0.52	-0.57	VFIAX
VTSMX	1.0	0.92		1.0	1.0	1.0	0.92	1.0	-0.45	-0.5	VTSMX
VITSX	1.0	0.92	1.0		1.0	1.0	0.92	1.0	-0.48	-0.52	VITSX
VSTSX	1.0	0.92	1.0	1.0		1.0	0.92	1.0	-0.45	-0.5	VSTSX
VSMPX	1.0	0.92	1.0	1.0	1.0		0.92	1.0	-0.45	-0.5	VSMPX
VFINX	0.92	1.0	0.92	0.92	0.92	0.92		0.92	-0.52	-0.56	VFINX
VFFSX	1.0	0.92	1.0	1.0	1.0	1.0	0.92		-0.46	-0.5	VFFSX
VGTSX	-0.48	-0.52	-0.45	-0.48	-0.45	-0.45	-0.52	-0.46		0.98	VGTSX
VTIAX	-0.52	-0.57	-0.5	-0.52	-0.5	-0.5	-0.56	-0.5	0.98		VTIAX
	VTSAX	VFIAX	VTSMX	VITSX	VSTSX	VSMPX	VFINX	VFFSX	VGTSX	VTIAX

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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

VTSMX	+ 1.0	VTSAX
VITSX	+ 1.0	VTSAX
VSTSX	+ 1.0	VTSAX
VSMPX	+ 1.0	VTSAX
VFFSX	+ 1.0	VTSAX
VFINX	+ 1.0	VFIAX

High negative correlations

VTIAX	- 0.57	VFIAX
VTIAX	- 0.56	VFINX
VGTSX	- 0.52	VFINX
VTIAX	- 0.52	VITSX
VGTSX	- 0.52	VFIAX
VTIAX	- 0.52	VTSAX

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
VTSAX	0.59	0.06	0.06	0.36	0.77	(0.61)	1.12	(1.13)	5.94
VFIAX	0.55	0.02	0.02	0.39	0.78	(0.54)	1.09	(1.10)	5.48
VTSMX	0.58	0.06	0.05	0.35	0.77	(0.60)	1.11	(1.13)	5.94
VITSX	0.59	0.06	0.06	0.36	0.77	(0.61)	1.10	(1.13)	5.95
VSTSX	0.58	0.06	0.05	0.35	0.77	(0.60)	1.11	(1.13)	5.94
VSMPX	0.58	0.06	0.05	0.35	0.77	(0.60)	1.11	(1.13)	5.94
VFINX	0.55	0.02	0.01	0.39	0.78	(0.54)	1.09	(1.10)	5.48
VFFSX	0.55	0.05	0.05	0.36	0.75	(0.55)	1.10	(1.10)	5.48
VGTSX	0.53	(0.14)	0.00	(1.70)	0.00	0.00	0.83	(1.56)	3.49
VTIAX	0.51	(0.12)	0.00	(1.29)	0.00	0.00	0.82	(1.32)	3.47

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