Retirement Living Correlations

JRLIX Fund

USD 10.46 0.04 0.38%

The current 90-days correlation between Retirement Living Through and Guidemark Large Cap is 0.46 (i.e., Very weak 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

Very good diversification

The correlation between Retirement Living Through and DJI is -0.23 (i.e., Very good 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 gross domestic product.

Moving together with RETIREMENT Mutual Fund

0.93	JQLMX	Multimanager Lifestyle	Pair Corr
0.99	JQLCX	Multimanager Lifestyle	Pair Corr
0.99	JRLDX	Retirement Living Through	Pair Corr
0.99	JRLFX	Multi Index 2010	Pair Corr
1.0	JRLKX	Multi Index 2015	Pair Corr
1.0	JRLLX	Retirement Living Through	Pair Corr
0.99	JRLOX	Retirement Living Through	Pair Corr
0.66	JRLQX	Retirement Living Through	Pair Corr
0.99	JRLPX	Multi Index 2020	Pair Corr
0.65	JRLUX	Multi Index 2045	Pair Corr
0.66	JRLVX	Retirement Living Through	Pair Corr
0.88	JAAIX	Alternative Asset	Pair Corr
0.87	JAAPX	Alternative Asset	Pair Corr
0.98	JRTBX	Retirement Living Through	Pair Corr
0.99	JRTAX	Retirement Living Through	Pair Corr
0.89	JAARX	Alternative Asset	Pair Corr
0.97	JRTDX	Multi Index 2025	Pair Corr
0.9	JRTGX	Retirement Living Through	Pair Corr
0.98	JRTFX	Retirement Living Through	Pair Corr
0.88	JAASX	Alternative Asset	Pair Corr
0.9	JRTIX	Multi Index 2030	Pair Corr
0.83	JRTKX	Retirement Living Through	Pair Corr
0.9	JRTJX	Retirement Living Through	Pair Corr

Related Correlations Analysis

	GMLVX	TACLX	SMYIX	DHGCX	CABIX	RGELX	GARGX	MSTGX
GMLVX		0.49	0.15	0.63	0.66	0.12	0.54	0.85	GMLVX
TACLX	0.49		0.68	0.57	0.88	0.61	0.9	0.56	TACLX
SMYIX	0.15	0.68		0.04	0.71	0.96	0.46	0.01	SMYIX
DHGCX	0.63	0.57	0.04		0.69	0.02	0.78	0.84	DHGCX
CABIX	0.66	0.88	0.71	0.69		0.67	0.86	0.66	CABIX
RGELX	0.12	0.61	0.96	0.02	0.67		0.42	-0.04	RGELX
GARGX	0.54	0.9	0.46	0.78	0.86	0.42		0.68	GARGX
MSTGX	0.85	0.56	0.01	0.84	0.66	-0.04	0.68		MSTGX
	GMLVX	TACLX	SMYIX	DHGCX	CABIX	RGELX	GARGX	MSTGX

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

RGELX	+ 0.96	SMYIX
GARGX	+ 0.9	TACLX
CABIX	+ 0.88	TACLX
GARGX	+ 0.86	CABIX
MSTGX	+ 0.85	GMLVX
MSTGX	+ 0.84	DHGCX

High negative correlations

MSTGX

- 0.04

RGELX

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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GMLVX	0.72	0.04	0.04	(3.54)	0.92	(0.77)	1.57	(1.62)	5.51
TACLX	0.63	0.01	0.01	0.01	0.76	(0.66)	1.28	(1.14)	3.10
SMYIX	0.78	(0.02)	0.00	0.14	0.00	0.00	1.57	(1.62)	4.51
DHGCX	0.18	0.00	0.02	(0.24)	0.20	(0.21)	0.36	(0.31)	1.46
CABIX	0.36	0.00	0.01	(0.04)	0.41	(0.38)	0.72	(0.77)	2.58
RGELX	0.72	(0.05)	0.00	0.26	0.00	0.00	1.34	(1.78)	4.27
GARGX	0.76	0.01	0.01	0.01	0.96	(0.76)	1.37	(1.45)	4.42
MSTGX	0.28	0.07	0.18	(1.14)	0.20	(0.33)	0.74	(0.42)	1.58

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