Retirement Living Correlations

JRLQX Fund  USD 14.63  0.06  0.41%   
The current 90-days correlation between Retirement Living Through and Credit Suisse Multialternative is 0.69 (i.e., Poor 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 weak diversification

The correlation between Retirement Living Through and DJI is 0.56 (i.e., Very weak 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 producer price index.

Moving together with Retirement Mutual Fund

  0.98JQLMX Multimanager LifestylePairCorr
  0.99JQLBX Multimanager LifestylePairCorr
  0.91JQLAX Multimanager LifestylePairCorr
  0.95JQLCX Multimanager LifestylePairCorr
  0.89JQLGX Multimanager LifestylePairCorr
  0.93JRETX J Hancock IiPairCorr
  0.95JRLDX Retirement Living ThroughPairCorr
  0.96JRLFX Multi Index 2010PairCorr
  0.96JRLIX Retirement Living ThroughPairCorr
  0.95JRLHX Retirement Living ThroughPairCorr
  0.96JRLKX Multi Index 2015PairCorr
  0.96JRLLX Retirement Living ThroughPairCorr
  0.97JRLOX Retirement Living ThroughPairCorr
  0.97JRLPX Multi Index 2020PairCorr
  1.0JRLUX Multi Index 2045PairCorr
  1.0JRLWX Retirement Living ThroughPairCorr
  1.0JRLVX Retirement Living ThroughPairCorr
  1.0JRLZX Retirement Living ThroughPairCorr
  0.93JROUX J Hancock IiPairCorr
  1.0JRODX J Hancock IiPairCorr
  0.86JAAFX Jhancock Multi IndexPairCorr
  0.85JAAJX Jhancock Multi IndexPairCorr
  0.77JAAIX Alternative AssetPairCorr
  0.86JAAKX Jhancock Multi IndexPairCorr
  0.8JAAPX Alternative AssetPairCorr
  0.97JRTBX Retirement Living ThroughPairCorr
  0.97JRTAX Retirement Living ThroughPairCorr
  0.77JAARX Alternative AssetPairCorr
  0.97JRTDX Multi Index 2025PairCorr
  0.99JRTGX Retirement Living ThroughPairCorr
  0.97JRTFX Retirement Living ThroughPairCorr
  0.79JAASX Alternative AssetPairCorr
  0.98JRTIX Multi Index 2030PairCorr
  0.88JAAVX Jhancock MultimanagerPairCorr
  0.99JRTKX Retirement Living ThroughPairCorr

Related Correlations Analysis

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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   
BXDCXCSQAX
OPTCXBXDCX
EMSLXCSQAX
OPTCXCSQAX
BXDCXEMSLX
FZNQEXEMSLX
  
High negative correlations   
FZNQEXBXDCX
FZNQEXCSQAX

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.