Retirement Living Correlations

Mutual Funds . USA . 
Fund . Retirement Living Through
JLJOX Fund  USD 11.21  0.01  0.09%   
The current 90-days correlation between Retirement Living Through and Regional Bank Fund is 0.08 (i.e., Significant diversification). The correlation of Retirement Living 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.

Retirement Living Correlation With Market

Poor diversification

The correlation between Retirement Living Through and DJI is 0.79 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Retirement Living Through 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 Retirement Living Through. 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 persons.

Moving together with Retirement Mutual Fund

  0.8FRBAX Regional BankPairCorr
  0.79FRBCX Regional BankPairCorr
  0.65JQLMX Multimanager LifestylePairCorr
  0.86JQLBX Multimanager LifestylePairCorr
  0.93JQLAX Multimanager LifestylePairCorr
  0.92JQLGX Multimanager LifestylePairCorr
  0.8JRBFX Regional BankPairCorr
  0.93JRETX J Hancock IiPairCorr
  0.8JRGRX Regional BankPairCorr
  1.0JRLQX Retirement Living ThroughPairCorr
  1.0JRLUX Multi Index 2045PairCorr
  1.0JRLWX Retirement Living ThroughPairCorr
  1.0JRLVX Retirement Living ThroughPairCorr
  1.0JRLZX Retirement Living ThroughPairCorr
  1.0JROUX J Hancock IiPairCorr
  1.0JRODX J Hancock IiPairCorr
  1.0JAAFX Jhancock Multi IndexPairCorr
  0.92JAAJX Jhancock Multi IndexPairCorr
  0.81JAAIX Alternative AssetPairCorr
  0.92JAAKX Jhancock Multi IndexPairCorr
  0.88JAAPX Alternative AssetPairCorr
  0.68JRTBX Retirement Living ThroughPairCorr
  0.9JAARX Alternative AssetPairCorr
  0.73JRTDX Multi Index 2025PairCorr
  0.81JRTGX Retirement Living ThroughPairCorr
  0.69JRTFX Retirement Living ThroughPairCorr
  0.88JAASX Alternative AssetPairCorr
  0.81JRTIX Multi Index 2030PairCorr
  1.0JAAVX Jhancock MultimanagerPairCorr
  0.94JRTKX Retirement Living ThroughPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Retirement Mutual Fund performing well and Retirement Living 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 Retirement Living'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
FRBAX  1.21  0.27  0.16  9.58  0.99 
(1.54)
 2.76 
(1.66)
 15.75 
FRBCX  1.21  0.27  0.16  11.99  0.99 
(1.54)
 2.74 
(1.65)
 15.70 
JQLMX  0.24  0.00 (0.22) 0.12  0.25 
(0.26)
 0.56 
(0.48)
 1.43 
JQLBX  0.32  0.02 (0.11) 0.58  0.30 
(0.38)
 0.66 
(0.58)
 2.06 
JQLAX  0.47  0.06 (0.02) 1.02  0.41 
(0.52)
 1.07 
(0.91)
 3.11 
JQLCX  0.16 (0.01)(0.32)(0.07) 0.17 
(0.21)
 0.34 
(0.33)
 1.00 
JQLGX  0.41  0.05 (0.05) 0.95  0.39 
(0.45)
 0.90 
(0.69)
 2.65 
JRBFX  1.21  0.27  0.16  10.80  0.99 
(1.54)
 2.73 
(1.66)
 15.74 
JRETX  0.47  0.07  0.00  1.31  0.40 
(0.57)
 1.07 
(0.83)
 3.08 
JRGRX  1.21  0.27  0.16  8.93  0.98 
(1.54)
 2.76 
(1.65)
 15.70 

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