Fuller Thaler Correlations

Mutual Funds . USA . 
Fund . Fuller Thaler Behavioral
FTXNX Fund  USD 49.34  0.08  0.16%   
The current 90-days correlation between Fuller Thaler Behavioral and Fuller Thaler Behavioral is 0.25 (i.e., Modest 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

Modest diversification

The correlation between Fuller Thaler Behavioral and DJI is 0.2 (i.e., Modest 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 board of governors.

Moving together with Fuller Mutual Fund

  0.95FTMSX Fuller Thaler BehavioralPairCorr
  0.87FTSAX Fuller Thaler BehavioralPairCorr
  0.87FTSIX Fuller Thaler BehavioralPairCorr
  0.89FTVAX Fuller Thaler BehavioralPairCorr
  0.92FTVCX Fuller Thaler BehavioralPairCorr
  0.98FTXFX Fuller Thaler BehavioralPairCorr
  0.89FTVNX Fuller Thaler BehavioralPairCorr
  0.89FTVSX Fuller Thaler BehavioralPairCorr
  0.93FTVZX Fuller Thaler BehavioralPairCorr
  0.96FTZAX Fuller Thaler BehavioralPairCorr
  0.94FTZCX Fuller Thaler BehavioralPairCorr
  0.94FTZIX Fuller Thaler BehavioralPairCorr
  1.0FTXSX Fuller Thaler BehavioralPairCorr
  0.97VSGAX Vanguard Small CapPairCorr
  0.97VSGIX Vanguard Small CapPairCorr
  0.97VISGX Vanguard Small CapPairCorr
  0.94VEXPX Vanguard ExplorerPairCorr
  0.94VEXRX Vanguard ExplorerPairCorr
  0.92OSPPX Oppenheimer Steelpath MlpPairCorr
  0.92SPMPX Invesco Steelpath MlpPairCorr
  0.92SPMJX Invesco Steelpath MlpPairCorr
  0.92MLPNX Oppenheimer Steelpath MlpPairCorr
  0.92MLPLX Oppenheimer Steelpath MlpPairCorr
  0.91MLPMX Oppenheimer Steelpath MlpPairCorr
  0.82LSHUX Horizon Spin OffPairCorr
  0.91EMO Clearbridge Energy MlpPairCorr
  0.91CLM Cornerstone StrategicPairCorr
  0.66FSUTX Utilities PortfolioPairCorr
  0.67AMECX Income FundPairCorr
  0.92FGB First Trust SpecialtyPairCorr

Related Correlations Analysis

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.

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