Lifex Inflation Correlations

LIIMX Fund

27.43 0.00 0.00%

The current 90-days correlation between Lifex Inflation Prot and Stone Ridge High is 0.12 (i.e., Average diversification). The correlation of Lifex Inflation 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.

Lifex Inflation Correlation With Market

Significant diversification

The correlation between Lifex Inflation Protected Inco and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lifex Inflation Protected Inco and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios. 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 population.

Moving together with Lifex Mutual Fund

0.72

NHS

Neuberger Berman High

Pair Corr

Moving against Lifex Mutual Fund

0.8	SHRIX	Stone Ridge High	Pair Corr
0.8	SHRMX	Stone Ridge High	Pair Corr
0.79	BATAX	Blackrock Allocation	Pair Corr
0.77	DFSVX	Us Small Cap	Pair Corr
0.75	SRDAX	Stone Ridge Diversified	Pair Corr
0.75	SRDBX	Stone Ridge Diversified	Pair Corr
0.68	FDTRX	Franklin Dynatech	Pair Corr
0.66	JEPIX	Jpmorgan Equity Premium	Pair Corr
0.58	AIVSX	Investment Of America	Pair Corr
0.53	BDJ	Blackrock Enhanced Equity	Pair Corr
0.49	CUBA	Herzfeld Caribbean Basin	Pair Corr
0.46	MDLOX	Blackrock Gbl Alloc	Pair Corr
0.42	NMTRX	Municipal Total Return	Pair Corr

Related Correlations Analysis

	SHRIX	SHRMX	DFMAX	FGRIX	VTSAX	MLUFX	VEXRX	FTRNX	FSEAX	RNGHX
SHRIX		1.0	0.63	0.59	0.64	0.68	0.66	0.64	0.0	0.48	SHRIX
SHRMX	1.0		0.63	0.59	0.64	0.68	0.66	0.65	0.0	0.48	SHRMX
DFMAX	0.63	0.63		0.94	0.99	0.94	0.97	0.94	0.37	0.86	DFMAX
FGRIX	0.59	0.59	0.94		0.96	0.9	0.93	0.91	0.4	0.83	FGRIX
VTSAX	0.64	0.64	0.99	0.96		0.92	0.96	0.96	0.42	0.89	VTSAX
MLUFX	0.68	0.68	0.94	0.9	0.92		0.94	0.9	0.3	0.8	MLUFX
VEXRX	0.66	0.66	0.97	0.93	0.96	0.94		0.88	0.27	0.79	VEXRX
FTRNX	0.64	0.65	0.94	0.91	0.96	0.9	0.88		0.47	0.92	FTRNX
FSEAX	0.0	0.0	0.37	0.4	0.42	0.3	0.27	0.47		0.57	FSEAX
RNGHX	0.48	0.48	0.86	0.83	0.89	0.8	0.79	0.92	0.57		RNGHX
	SHRIX	SHRMX	DFMAX	FGRIX	VTSAX	MLUFX	VEXRX	FTRNX	FSEAX	RNGHX

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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

SHRMX	+ 1.0	SHRIX
VTSAX	+ 0.99	DFMAX
VEXRX	+ 0.97	DFMAX
VTSAX	+ 0.96	FGRIX
VEXRX	+ 0.96	VTSAX
FTRNX	+ 0.96	VTSAX

High negative correlations

FSEAX	- 0.0	SHRMX
FSEAX	- 0.0	SHRIX

Risk-Adjusted Indicators

There is a big difference between Lifex Mutual Fund performing well and Lifex Inflation 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 Lifex Inflation'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
SHRIX	0.28	0.05	(0.02)	(2.15)	0.78	(0.31)	0.54	(0.22)	3.57
SHRMX	0.28	0.05	(0.02)	(3.45)	0.78	(0.31)	0.54	(0.11)	3.57
DFMAX	0.52	0.03	0.01	0.13	0.52	(0.57)	0.97	(1.09)	3.81
FGRIX	0.46	(0.02)	(0.08)	0.05	0.61	(0.48)	1.06	(0.73)	3.53
VTSAX	0.50	0.05	0.06	0.16	0.44	(0.56)	0.98	(0.94)	4.11
MLUFX	0.51	0.07	(0.01)	0.59	0.36	(0.64)	1.10	(0.78)	3.18
VEXRX	0.70	0.01	0.03	0.10	0.70	(0.75)	1.60	(1.27)	5.78
FTRNX	0.84	0.26	0.16	1.66	0.87	(0.95)	2.14	(1.55)	6.40
FSEAX	0.91	0.23	0.12	(1.91)	0.85	(1.03)	2.28	(1.38)	7.10
RNGHX	0.61	0.12	0.04	1.08	0.68	(0.66)	1.40	(1.15)	4.01

Lifex Inflation Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Lifex Inflation mutual fund to make a market-neutral strategy. Peer analysis of Lifex Inflation could also be used in its relative valuation, which is a method of valuing Lifex Inflation by comparing valuation metrics with similar companies.

Stone Ridge High Stone Ridge High Davidson Multi Cap Equity Fidelity Growth Income Vanguard Total Stock Massmutual Select Mid Cap Vanguard Explorer Fund Fidelity Trend Fund Fidelity Emerging Asia New Economy Fund American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup

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