Lkcm International Correlations

Mutual Funds . USA . 
Fund . Lkcm International Equity
LKINX Fund  USD 13.83  0.13  0.95%   
The current 90-days correlation between Lkcm International Equity and Precious Metals And is 0.4 (i.e., Very weak diversification). The correlation of Lkcm International 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 International Correlation With Market

Very weak diversification

The correlation between Lkcm International Equity and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lkcm International Equity 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 International Equity. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving together with Lkcm Mutual Fund

  0.78LKFIX Lkcm Fixed IncomePairCorr
  0.84VGTSX Vanguard Total InterPairCorr
  0.84VTIAX Vanguard Total InterPairCorr
  0.85VTSNX Vanguard Total InterPairCorr
  0.85VTPSX Vanguard Total InterPairCorr
  0.84VTISX Vanguard Total InterPairCorr
  0.85VTMGX Vanguard DevelopedPairCorr
  0.85VDVIX Vanguard DevelopedPairCorr
  0.85VTMNX Vanguard DevelopedPairCorr
  0.96VDIPX Vanguard DevelopedPairCorr
  0.82FSPSX Fidelity InternationalPairCorr
  0.68VTSAX Vanguard Total StockPairCorr
  0.72VFIAX Vanguard 500 IndexPairCorr
  0.67VTSMX Vanguard Total StockPairCorr
  0.68VSMPX Vanguard Total StockPairCorr
  0.74VSTSX Vanguard Total StockPairCorr
  0.74VITSX Vanguard Total StockPairCorr
  0.72VFINX Vanguard 500 IndexPairCorr
  0.78VFFSX Vanguard 500 IndexPairCorr
  0.8SIYYX Simt High YieldPairCorr
  0.92ICEWX Mainstay Epoch InterPairCorr
  0.78FADLX Frost Low DurationPairCorr
  0.8LSGSX Loomis Sayles InflationPairCorr
  0.63SDGIX Dreyfusstandish GlobalPairCorr
  0.75DFIVX Dfa International ValuePairCorr
  0.95MRSAX Mfs Research InternaPairCorr
  0.8ECRRX Eaton Vance ShortPairCorr
  0.82PDINX Putnam Diversified IncomePairCorr
  0.84CHBCX Calvert High YieldPairCorr
  0.8PTY Pimco Corporate IncomePairCorr
  0.96RXRPX American Funds RetirementPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

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

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