Oklahoma College Correlations
| FZOKX Fund | USD 18.95 0.21 1.10% |
The current 90-days correlation between Oklahoma College Savings and Atac Inflation Rotation is 0.66 (i.e., 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 0.27 (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.
Oklahoma |
Moving together with Oklahoma Mutual Fund
| 0.93 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.93 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.93 | VTSMX | Vanguard Total Stock | PairCorr |
| 0.93 | VITSX | Vanguard Total Stock | PairCorr |
| 0.93 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.93 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.93 | VFINX | Vanguard 500 Index | PairCorr |
| 0.93 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.77 | GCAVX | Gmo Small Cap | PairCorr |
| 0.84 | GHVIX | Gmo High Yield | PairCorr |
| 0.77 | CSCO | Cisco Systems | PairCorr |
| 0.67 | DIS | Walt Disney | PairCorr |
| 0.66 | WMT | Walmart Aggressive Push | PairCorr |
| 0.79 | JPM | JPMorgan Chase Earnings Call This Week | PairCorr |
| 0.64 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Oklahoma Mutual Fund
| 0.47 | GAAVX | Gmo Alternative Allo | PairCorr |
| 0.5 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.37 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ATACX | 1.05 | (0.07) | 0.00 | (0.22) | 0.00 | 2.16 | 10.18 | |||
| EVOIX | 0.34 | 0.04 | 0.10 | (2.72) | 0.32 | 0.77 | 1.98 | |||
| ABNYX | 0.15 | (0.03) | 0.00 | (0.81) | 0.00 | 0.19 | 0.87 | |||
| ABNOX | 0.14 | (0.03) | 0.00 | (0.96) | 0.00 | 0.20 | 0.89 | |||
| LIFAX | 0.11 | (0.01) | 0.01 | (0.45) | 0.13 | 0.26 | 0.78 | |||
| ANBIX | 0.14 | (0.03) | 0.00 | (1.20) | 0.00 | 0.29 | 0.78 | |||
| TIILX | 0.14 | (0.03) | 0.00 | (1.38) | 0.00 | 0.28 | 0.86 |