Lkcm Fixed Correlations

Mutual Funds . USA . 
Fund . Lkcm Fixed Income
LKFIX Fund  USD 10.55  0.01  0.09%   
The current 90-days correlation between Lkcm Fixed Income and The Hartford Healthcare is 0.18 (i.e., Average diversification). The correlation of Lkcm Fixed 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.

Lkcm Fixed Correlation With Market

Modest diversification

The correlation between Lkcm Fixed Income and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lkcm Fixed Income and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lkcm Fixed Income. 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 Lkcm Mutual Fund

  0.99VICSX Vanguard Intermediate-terPairCorr
  0.99VFICX Vanguard Intermediate-terPairCorr
  0.99VFIDX Vanguard Intermediate-terPairCorr
  0.99VICBX Vanguard Intermediate-terPairCorr
  0.99PBDPX Pimco Investment GradePairCorr
  0.99PIGIX Investment Grade PoratePairCorr
  0.99PGCAX Investment Grade PoratePairCorr
  0.99PBDAX Investment Grade PoratePairCorr
  0.99PBDCX Investment Grade PoratePairCorr
  0.99PCNNX Pimco Investment GradePairCorr
  0.8GAAKX Gmo Alternative AlloPairCorr
  0.8GAAGX Gmo Alternative AlloPairCorr
  1.0GPBFX Gmo E PlusPairCorr
  0.87WARCX Wells Fargo AdvantagePairCorr
  0.61TIMUX Transamerica IntermediatePairCorr
  0.94GIOIX Guggenheim Macro OppPairCorr
  0.64DBIWX Dws Global MacroPairCorr
  0.74JNJ Johnson JohnsonPairCorr
  0.68MCD McDonaldsPairCorr
  0.69TRV The Travelers CompaniesPairCorr
  0.74T ATT Inc Earnings Call TomorrowPairCorr
  0.73KO Coca ColaPairCorr
  0.72PG Procter GamblePairCorr

Moving against Lkcm Mutual Fund

  0.92PQTAX Pimco Trends ManagedPairCorr
  0.92PQTNX Pimco Trends ManagedPairCorr
  0.92PQTIX Aa Pimco TrPairCorr
  0.7GPMFX Guidepath Managed FuturesPairCorr
  0.5MSFT MicrosoftPairCorr
  0.48BAC Bank of AmericaPairCorr
  0.46HPQ HP IncPairCorr
  0.4HD Home DepotPairCorr
  0.35DIS Walt DisneyPairCorr
  0.31BA BoeingPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Lkcm Mutual Fund performing well and Lkcm Fixed 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 Lkcm Fixed'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY