Poplar Forest Correlations
IPFCX Fund | USD 31.34 0.09 0.29% |
The current 90-days correlation between Poplar Forest Nerstone and William Blair Large is -0.03 (i.e., Good diversification). The correlation of Poplar Forest 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.
Poplar Forest Correlation With Market
Good diversification
The correlation between Poplar Forest Nerstone and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Poplar Forest Nerstone and DJI in the same portfolio, assuming nothing else is changed.
Poplar |
Moving together with Poplar Mutual Fund
0.68 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
0.62 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
0.62 | DIS | Walt Disney Sell-off Trend | PairCorr |
Moving against Poplar Mutual Fund
0.38 | HLDIX | Hartford Emerging | PairCorr |
0.38 | HLDCX | Hartford Emerging | PairCorr |
0.38 | HLDTX | Hartford Emerging | PairCorr |
0.37 | HLDRX | Hartford Emerging | PairCorr |
0.37 | HLDAX | Hartford Emerging | PairCorr |
0.45 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
0.36 | KO | Coca Cola Aggressive Push | PairCorr |
Related Correlations Analysis
0.94 | 0.83 | 0.99 | 0.95 | LCGFX | ||
0.94 | 0.79 | 0.96 | 0.94 | OPTCX | ||
0.83 | 0.79 | 0.84 | 0.88 | RALCX | ||
0.99 | 0.96 | 0.84 | 0.97 | IAFLX | ||
0.95 | 0.94 | 0.88 | 0.97 | APDTX | ||
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Risk-Adjusted Indicators
There is a big difference between Poplar Mutual Fund performing well and Poplar Forest 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 Poplar Forest'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
LCGFX | 0.72 | 0.01 | 0.00 | 0.14 | 0.97 | 1.71 | 5.22 | |||
OPTCX | 0.15 | 0.02 | (0.43) | 0.23 | 0.00 | 0.32 | 1.04 | |||
RALCX | 0.43 | (0.03) | (0.13) | 0.07 | 0.53 | 0.76 | 2.81 | |||
IAFLX | 0.75 | 0.01 | (0.01) | 0.14 | 1.01 | 1.72 | 4.92 | |||
APDTX | 0.78 | 0.05 | 0.02 | 0.18 | 1.01 | 1.73 | 5.07 |