Lkcm International Correlations

LKINX Fund

USD 14.06 0.08 0.57%

The current 90-days correlation between Lkcm International Equity and Short Term Government Fund is -0.07 (i.e., Good 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

Poor diversification

The correlation between Lkcm International Equity and DJI is 0.6 (i.e., Poor 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 signals in board of governors.

Moving together with Lkcm Mutual Fund

0.82	LKFIX	Lkcm Fixed Income	Pair Corr
0.88	VGTSX	Vanguard Total Inter	Pair Corr
0.88	VTIAX	Vanguard Total Inter	Pair Corr
0.94	VTSNX	Vanguard Total Inter	Pair Corr
0.94	VTPSX	Vanguard Total Inter	Pair Corr
0.94	VTISX	Vanguard Total Inter	Pair Corr
0.96	VTMGX	Vanguard Developed	Pair Corr
0.95	VDVIX	Vanguard Developed	Pair Corr
0.95	VTMNX	Vanguard Developed	Pair Corr
0.95	VDIPX	Vanguard Developed	Pair Corr
0.89	FSPSX	Fidelity International	Pair Corr
0.66	OSPPX	Oppenheimer Steelpath Mlp	Pair Corr
0.66	SPMPX	Invesco Steelpath Mlp	Pair Corr
0.66	MLPNX	Oppenheimer Steelpath Mlp	Pair Corr
0.66	MLPLX	Oppenheimer Steelpath Mlp	Pair Corr
0.65	SPMJX	Invesco Steelpath Mlp	Pair Corr
0.97	BNIEX	Ubs International	Pair Corr
0.7	CTHAX	American Funds Lege	Pair Corr
0.78	TIBDX	Tiaa Cref Bond	Pair Corr
0.7	IVKAX	Vy Invesco Stock	Pair Corr
0.94	VFWAX	Vanguard Ftse All	Pair Corr
0.84	VUSFX	Vanguard Ultra-short-term	Pair Corr
0.83	DABMX	Dreyfus Yield Enhancement	Pair Corr
0.75	UDBPX	Ubs Sustainable Deve	Pair Corr
0.86	DFLYX	Dreyfus Floating Rate	Pair Corr
0.82	PCGLX	Pace International Fixed	Pair Corr
0.8	TPYCX	Touchstone Premium Yield	Pair Corr
0.87	BOSIX	Collegeadvantage 529	Pair Corr
0.97	BNUEX	Ubs International	Pair Corr

Moving against Lkcm Mutual Fund

0.61	SMPIX	Semiconductor Ultrasector	Pair Corr
0.5	LKSCX	Lkcm Small Cap	Pair Corr
0.43	LKEQX	Lkcm Equity Fund	Pair Corr
0.63	SMPSX	Semiconductor Ultrasector	Pair Corr

Related Correlations Analysis

	TWACX	BBINX	LCPMX	HHMYX	SNCAX	RGVAX	FCSCX
TWACX		0.82	0.69	0.76	0.71	0.94	0.97	TWACX
BBINX	0.82		0.95	0.94	0.91	0.84	0.8	BBINX
LCPMX	0.69	0.95		0.89	0.85	0.67	0.66	LCPMX
HHMYX	0.76	0.94	0.89		0.97	0.82	0.79	HHMYX
SNCAX	0.71	0.91	0.85	0.97		0.81	0.72	SNCAX
RGVAX	0.94	0.84	0.67	0.82	0.81		0.94	RGVAX
FCSCX	0.97	0.8	0.66	0.79	0.72	0.94		FCSCX
	TWACX	BBINX	LCPMX	HHMYX	SNCAX	RGVAX	FCSCX

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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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TWACX	0.09	0.01	0.02	(0.16)	0.00	(0.14)	0.22	(0.11)	0.45
BBINX	0.13	(0.01)	(0.05)	0.34	0.18	(0.18)	0.29	(0.30)	0.78
LCPMX	0.16	(0.02)	0.00	0.49	0.00	0.00	0.34	(0.45)	1.14
HHMYX	0.13	(0.01)	(0.04)	(0.43)	0.18	(0.19)	0.36	(0.36)	0.84
SNCAX	0.12	(0.01)	(0.06)	(0.49)	0.17	(0.15)	0.29	(0.29)	0.73
RGVAX	0.25	0.02	0.04	0.75	0.25	(0.31)	0.60	(0.50)	1.56
FCSCX	0.06	0.01	0.05	0.76	0.00	(0.18)	0.13	(0.13)	0.66

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