International Investors Correlations

Mutual Funds . USA . 
Fund . International Investors Gold
INIVX Fund  USD 13.89  0.31  2.28%   
The current 90-days correlation between International Investors and Ashmore Emerging Markets is 0.59 (i.e., Very weak diversification). The correlation of International Investors 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.

International Investors Correlation With Market

Good diversification

The correlation between International Investors Gold and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding International Investors Gold and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Investors Gold. 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 real.

Moving together with International Mutual Fund

  0.74EMBAX Unconstrained EmergingPairCorr
  0.89EMBYX Unconstrained EmergingPairCorr
  0.88EMBUX Unconstrained EmergingPairCorr
  0.82EMRIX Emerging MarketsPairCorr
  0.8EMRCX Emerging MarketsPairCorr
  0.74EMRZX Vaneck Emerging MarketsPairCorr
  0.82EMRYX Emerging MarketsPairCorr
  1.0INIYX International InvestorsPairCorr
  1.0INIIX International InvestorsPairCorr
  0.78GHAIX Global Hard AssetsPairCorr
  0.78GHAYX Global Hard AssetsPairCorr
  0.78GHAAX Global Hard AssetsPairCorr
  0.77GHACX Global Hard AssetsPairCorr
  0.78CMCAX Cm Modity IndexPairCorr
  0.78CMCYX Cm Modity IndexPairCorr
  0.77COMIX Cm Modity IndexPairCorr
  0.61IIGCX International InvestorsPairCorr
  0.62SGGDX First Eagle GoldPairCorr
  1.0FEGIX First Eagle GoldPairCorr
  0.99OPGSX Oppenheimer Gold SpecPairCorr
  1.0FSAGX Gold Portfolio GoldPairCorr
  1.0FIJDX Gold Portfolio FidelityPairCorr
  0.68GAAKX Gmo Alternative AlloPairCorr
  0.68GAAGX Gmo Alternative AlloPairCorr
  0.68WARCX Wells Fargo AdvantagePairCorr
  0.71ARRFX Amg River RoadPairCorr
  0.88JOEIX Johcm Emerging MarketsPairCorr
  0.66EGRAX Eaton Vance GlobalPairCorr
  0.62IVSYX Ivy Global BondPairCorr

Moving against International Mutual Fund

  0.61MWMIX Vaneck Morningstar WidePairCorr
  0.61MWMZX Vaneck Morningstar WidePairCorr
  0.86PQTNX Pimco Trends ManagedPairCorr
  0.57PQTAX Pimco Trends ManagedPairCorr
  0.57PQTIX Aa Pimco TrPairCorr
  0.33GPMFX Guidepath Managed FuturesPairCorr

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   
LVAQX
+ 0.99
FMCRX
UCPIX
+ 0.99
RYCLX
PRDMX
+ 0.89
FMCRX
PRDMX
+ 0.89
LVAQX
PRDMX
+ 0.66
ESCIX
LVAQX
+ 0.45
ESCIX
  
High negative correlations   
RYCLX
- 0.99
FMCRX
RYCLX
- 0.98
LVAQX
UCPIX
- 0.98
FMCRX
UCPIX
- 0.97
LVAQX
UCPIX
- 0.88
PRDMX
RYCLX
- 0.87
PRDMX

Risk-Adjusted Indicators

There is a big difference between International Mutual Fund performing well and International Investors 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 International Investors' 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.

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY