Fuller Thaler Correlations

FTVSX Fund

USD 35.37 0.18 0.51%

The current 90-days correlation between Fuller Thaler Behavioral and Fuller Thaler Behavioral is 0.71 (i.e., Poor diversification). The correlation of Fuller Thaler 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.

Fuller Thaler Correlation With Market

Very poor diversification

The correlation between Fuller Thaler Behavioral and DJI is 0.81 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fuller Thaler Behavioral 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 Fuller Thaler Behavioral. 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 Fuller Mutual Fund

0.73	FTHNX	Fuller Thaler Behavioral	Pair Corr
0.74	FTHSX	Fuller Thaler Behavioral	Pair Corr
0.93	FTMSX	Fuller Thaler Behavioral	Pair Corr
0.94	FTSAX	Fuller Thaler Behavioral	Pair Corr
0.94	FTSIX	Fuller Thaler Behavioral	Pair Corr
1.0	FTVAX	Fuller Thaler Behavioral	Pair Corr
1.0	FTVCX	Fuller Thaler Behavioral	Pair Corr
0.92	FTXFX	Fuller Thaler Behavioral	Pair Corr
1.0	FTVNX	Fuller Thaler Behavioral	Pair Corr
1.0	FTVZX	Fuller Thaler Behavioral	Pair Corr
0.92	FTZAX	Fuller Thaler Behavioral	Pair Corr
0.92	FTZCX	Fuller Thaler Behavioral	Pair Corr
0.92	FTZIX	Fuller Thaler Behavioral	Pair Corr
0.92	FTXNX	Fuller Thaler Behavioral	Pair Corr
0.92	FTXSX	Fuller Thaler Behavioral	Pair Corr
0.95	VMVAX	Vanguard Mid Cap	Pair Corr
0.95	JVMAX	John Hancock Disciplined	Pair Corr
0.95	JVMIX	John Hancock Disciplined	Pair Corr
0.95	VMVIX	Vanguard Mid Cap	Pair Corr
0.75	JMVZX	Jpmorgan Mid Cap	Pair Corr
0.79	JMVRX	Jpmorgan Mid Cap	Pair Corr
0.78	JMVQX	Jpmorgan Mid Cap	Pair Corr
0.79	JMVYX	Jpmorgan Mid Cap	Pair Corr
0.73	FTYPX	Fidelity Freedom Index	Pair Corr
0.68	FFBTX	Fidelity Freedom Blend	Pair Corr
0.97	GCAVX	Gmo Small Cap	Pair Corr
0.78	GHVIX	Gmo High Yield	Pair Corr
0.83	WCPSX	Mobile Telecommunicatio	Pair Corr
0.87	USPRX	Sp 500 Index	Pair Corr
0.79	FCNTX	Fidelity Contrafund	Pair Corr
0.94	FIVUX	First Investors Oppo	Pair Corr

Moving against Fuller Mutual Fund

0.75	GAAVX	Gmo Alternative Allo	Pair Corr
0.51	GABFX	Gmo Asset Allocation	Pair Corr

Related Correlations Analysis

	FTHNX	FTHSX	FTMSX	FTSAX	FTSIX	FTVAX	FTXFX	FTVSX
FTHNX		1.0	0.58	0.83	0.83	0.73	0.61	0.73	FTHNX
FTHSX	1.0		0.59	0.84	0.83	0.74	0.62	0.74	FTHSX
FTMSX	0.58	0.59		0.9	0.9	0.93	0.97	0.93	FTMSX
FTSAX	0.83	0.84	0.9		1.0	0.93	0.9	0.94	FTSAX
FTSIX	0.83	0.83	0.9	1.0		0.94	0.9	0.94	FTSIX
FTVAX	0.73	0.74	0.93	0.93	0.94		0.92	1.0	FTVAX
FTXFX	0.61	0.62	0.97	0.9	0.9	0.92		0.92	FTXFX
FTVSX	0.73	0.74	0.93	0.94	0.94	1.0	0.92		FTVSX
	FTHNX	FTHSX	FTMSX	FTSAX	FTSIX	FTVAX	FTXFX	FTVSX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Fuller Mutual Fund performing well and Fuller Thaler 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 Fuller Thaler'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
FTHNX	0.82	(0.08)	(0.03)	0.03	1.42	(0.87)	1.78	(1.04)	12.56
FTHSX	0.82	(0.08)	(0.03)	0.03	1.41	(0.87)	1.79	(1.05)	12.49
FTMSX	1.21	0.10	0.11	0.16	1.10	(1.37)	2.72	(1.89)	6.45
FTSAX	0.65	0.00	0.00	0.09	0.53	(0.79)	1.50	(1.11)	5.26
FTSIX	0.65	0.00	0.01	0.09	0.54	(0.80)	1.49	(1.11)	5.27
FTVAX	0.64	(0.02)	(0.03)	0.07	0.56	(0.73)	1.25	(1.11)	5.50
FTXFX	0.89	0.14	0.15	0.20	0.88	(0.99)	1.97	(1.49)	6.17
FTVSX	0.64	(0.02)	(0.03)	0.07	0.56	(0.75)	1.27	(1.10)	5.49

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