Cf Ir Correlations
| IRDEX Fund | USD 47.68 0.49 1.04% |
The current 90-days correlation between Cf Ir 3000 and Voya Retirement Moderate is 0.18 (i.e., Average diversification). The correlation of Cf Ir 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.
Cf Ir Correlation With Market
Weak diversification
The correlation between Cf Ir 3000 and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cf Ir 3000 and DJI in the same portfolio, assuming nothing else is changed.
IRDEX |
Moving together with IRDEX 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 |
Related Correlations Analysis
| 0.88 | 0.85 | 0.76 | 0.76 | 0.82 | 0.77 | IRMPX | ||
| 0.88 | 0.97 | 0.9 | 0.91 | 0.95 | 0.82 | PRRTX | ||
| 0.85 | 0.97 | 0.88 | 0.95 | 0.96 | 0.8 | TDIFX | ||
| 0.76 | 0.9 | 0.88 | 0.8 | 0.95 | 0.73 | SBMCX | ||
| 0.76 | 0.91 | 0.95 | 0.8 | 0.93 | 0.7 | RRPPX | ||
| 0.82 | 0.95 | 0.96 | 0.95 | 0.93 | 0.8 | JTSQX | ||
| 0.77 | 0.82 | 0.8 | 0.73 | 0.7 | 0.8 | QCGLRX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between IRDEX Mutual Fund performing well and Cf Ir 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 Cf Ir'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IRMPX | 0.26 | 0.00 | (0.06) | (0.72) | 0.37 | 0.61 | 2.29 | |||
| PRRTX | 0.31 | (0.02) | 0.00 | (0.07) | 0.00 | 0.67 | 2.25 | |||
| TDIFX | 0.16 | (0.01) | 0.00 | (0.14) | 0.00 | 0.35 | 1.30 | |||
| SBMCX | 0.49 | (0.01) | (0.03) | 0.00 | 0.77 | 0.92 | 3.77 | |||
| RRPPX | 0.30 | (0.02) | 0.00 | (0.06) | 0.00 | 0.56 | 2.38 | |||
| JTSQX | 0.50 | (0.01) | (0.03) | 0.01 | 0.75 | 1.15 | 3.95 | |||
| QCGLRX | 0.54 | 0.03 | 0.02 | 0.12 | 0.79 | 1.12 | 4.41 |