Cohen Steers Correlations

IRFCX Fund  USD 8.21  0.05  0.61%   
The current 90-days correlation between Cohen Steers Interna and Virtus Emerging Markets is 0.65 (i.e., Poor diversification). The correlation of Cohen Steers 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.

Cohen Steers Correlation With Market

Very weak diversification

The correlation between Cohen Steers International and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cohen Steers International 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 Cohen Steers International. 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 main economic indicators.
For more information on how to buy Cohen Mutual Fund please use our How to Invest in Cohen Steers guide.

Moving together with Cohen Mutual Fund

  0.83PISHX Cohen Steers PreferredPairCorr
  0.84RAPAX Cohen Steers RealPairCorr
  0.85RAPIX Cohen Steers RealPairCorr
  0.85RAPCX Cohen Steers RealPairCorr
  0.85RAPZX Cohen Steers RealPairCorr
  0.84RAPRX Cohen Steers RealPairCorr
  0.85CIRRX Cohen Steers RealPairCorr
  1.0IRFZX Cohen Steers IntlPairCorr
  1.0IRFAX Cohen Steers InternaPairCorr
  1.0IRFIX Cohen Steers InternaPairCorr
  1.0IRFRX Cohen Steers IntlPairCorr
  0.84LPXRX Cohen Steers LowPairCorr
  0.84LPXZX Cohen Steers LowPairCorr
  0.84LPXCX Cohen Steers LowPairCorr
  0.83LPXAX Cohen Steers LowPairCorr
  0.83LPXFX Cohen Steers LowPairCorr
  0.84LPXIX Cohen Steers LowPairCorr
  0.83CPRRX Cohen Steers PreferredPairCorr
  0.83CPXIX Cohen Steers PrfrdPairCorr
  0.83CPXFX Cohen Steers PreferredPairCorr
  0.82CPXCX Cohen Steers PrefrdPairCorr
  0.83CPXAX Cohen Steers PreferdPairCorr
  0.83CPXZX Cohen Steers PreferredPairCorr
  0.86CREFX Cohen Steers RealPairCorr
  0.85CSCIX Cohen Steers RealPairCorr
  0.86CSDIX Cohen Steers RealPairCorr
  0.86CSEIX Cohen Steers RealPairCorr
  0.89CSFZX Cohen Steers GlobalPairCorr
  0.88CSFCX Cohen Steers GlobalPairCorr
  0.88CSFAX Cohen Steers GlobalPairCorr
  0.83CSJCX Cohen Steers RealtyPairCorr
  0.75CSJAX Cohen Steers RealtyPairCorr
  0.75CSJZX Cohen Steers RealtyPairCorr
  0.75CSJRX Cohen Steers RealtyPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Cohen Mutual Fund performing well and Cohen Steers 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 Cohen Steers' 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.