Research Portfolio Correlations

JAGRX Fund

USD 61.76 0.12 0.19%

The current 90-days correlation between Research Portfolio and Sp Smallcap 600 is 0.35 (i.e., Weak diversification). The correlation of Research Portfolio 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.

Research Portfolio Correlation With Market

Weak diversification

The correlation between Research Portfolio Institution and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Research Portfolio Institution 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 Research Portfolio Institutional. 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 metropolitan statistical area.

Moving together with Research Mutual Fund

0.75	JABLX	Balanced Portfolio	Pair Corr
0.86	JACAX	Forty Portfolio Inst	Pair Corr
0.67	JAHYX	Janus High Yield	Pair Corr
0.72	JAIGX	Overseas Portfolio	Pair Corr

Moving against Research Mutual Fund

0.33	JACNX	Janus Contrarian	Pair Corr
0.38	JACCX	Janus Forty Fund	Pair Corr
0.36	JAGCX	Janus Global Technology	Pair Corr
0.32	JADGX	Janus Growth And	Pair Corr
0.32	JAGIX	Janus Growth And	Pair Corr
0.37	JSCVX	Perkins Small Cap	Pair Corr
0.37	JSCOX	Perkins Small Cap	Pair Corr
0.31	JANIX	Janus Triton	Pair Corr

Related Correlations Analysis

	RYSVX	OWLLX	VYRDX	TISVX	RSVIX
RYSVX		0.9	0.9	0.3	0.91	RYSVX
OWLLX	0.9		0.99	0.45	0.98	OWLLX
VYRDX	0.9	0.99		0.45	0.97	VYRDX
TISVX	0.3	0.45	0.45		0.47	TISVX
RSVIX	0.91	0.98	0.97	0.47		RSVIX
	RYSVX	OWLLX	VYRDX	TISVX	RSVIX

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Risk-Adjusted Indicators

There is a big difference between Research Mutual Fund performing well and Research Portfolio 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 Research Portfolio'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
RYSVX	0.87	(0.08)	0.00	(0.11)	0.00	0.00	1.64	(1.77)	6.24
OWLLX	0.76	(0.09)	0.00	(0.11)	0.00	0.00	1.64	(1.57)	5.77
VYRDX	0.72	(0.07)	0.00	(0.09)	0.00	0.00	1.52	(1.51)	5.81
TISVX	0.71	0.04	0.03	0.06	1.26	(0.68)	1.24	(1.43)	9.81
RSVIX	0.71	(0.07)	0.00	(0.09)	0.00	0.00	1.56	(1.68)	5.69

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