Ladenburg Growth Correlations

LOWAX Fund

USD 15.77 0.01 0.06%

The current 90-days correlation between Ladenburg Growth Income and Versatile Bond Portfolio is 0.38 (i.e., Weak diversification). The correlation of Ladenburg Growth 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.

Ladenburg Growth Correlation With Market

Very poor diversification

The correlation between Ladenburg Growth Income and DJI is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ladenburg Growth 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 Ladenburg Growth 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 nation.

Moving together with Ladenburg Mutual Fund

0.98	LGWAX	Ladenburg Growth	Pair Corr
0.98	LGWCX	Ladenburg Growth	Pair Corr
0.98	LGWIX	Ladenburg Growth	Pair Corr
0.92	LNOCX	Ladenburg Income Growth	Pair Corr
0.94	LNOAX	Ladenburg Income Growth	Pair Corr
0.94	LNOIX	Ladenburg Income Growth	Pair Corr
1.0	LOWIX	Ladenburg Growth Income	Pair Corr
0.97	LAWCX	Ladenburg Aggressive	Pair Corr
0.97	LAWAX	Ladenburg Aggressive	Pair Corr
0.92	FBONX	American Funds American	Pair Corr
0.92	FBAFX	American Funds American	Pair Corr
0.91	ABALX	American Balanced	Pair Corr
0.91	BALCX	American Balanced	Pair Corr
0.91	BALFX	American Balanced	Pair Corr
0.91	RLBCX	American Balanced	Pair Corr
0.91	RLBBX	American Balanced	Pair Corr
0.91	CLBAX	American Balanced	Pair Corr
0.91	CLBEX	American Balanced	Pair Corr
0.92	RLBFX	American Balanced	Pair Corr
0.72	RSNYX	Victory Global Natural	Pair Corr
0.72	RSNRX	Victory Global Natural	Pair Corr
0.72	RGNCX	Victory Global Natural	Pair Corr
0.83	LSHUX	Horizon Spin Off	Pair Corr
0.83	LSHEX	Kinetics Spin Off	Pair Corr
0.83	LSHAX	Horizon Spin Off	Pair Corr
0.91	RMQAX	Monthly Rebalance Steady Growth	Pair Corr
0.91	RMQHX	Monthly Rebalance Steady Growth	Pair Corr
0.94	VFINX	Vanguard 500 Index	Pair Corr
0.9	RYRCX	Retailing Fund Class	Pair Corr
0.94	VFIAX	Vanguard 500 Index	Pair Corr
0.86	CLM	Cornerstone Strategic Sell-off Trend	Pair Corr
0.93	MNEVX	Mainstay Conservative Etf	Pair Corr
0.96	VISGX	Vanguard Small Cap	Pair Corr

Moving against Ladenburg Mutual Fund

0.75	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.7	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.35	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	PRVBX	TMVAX	RHSAX	LIOTX	SMPIX	SILVX
PRVBX		0.32	0.63	0.33	0.38	0.44	PRVBX
TMVAX	0.32		0.8	0.88	0.54	0.9	TMVAX
RHSAX	0.63	0.8		0.72	0.68	0.85	RHSAX
LIOTX	0.33	0.88	0.72		0.69	0.83	LIOTX
SMPIX	0.38	0.54	0.68	0.69		0.52	SMPIX
SILVX	0.44	0.9	0.85	0.83	0.52		SILVX
	PRVBX	TMVAX	RHSAX	LIOTX	SMPIX	SILVX

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Risk-Adjusted Indicators

There is a big difference between Ladenburg Mutual Fund performing well and Ladenburg Growth 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 Ladenburg Growth'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
PRVBX	0.09	0.00	(1.00)	0.27	0.00	(0.10)	0.20	(0.20)	0.48
TMVAX	0.85	0.02	0.06	0.14	0.64	(1.08)	2.28	(1.54)	8.08
RHSAX	0.89	(0.05)	0.00	0.09	1.23	(0.97)	1.97	(1.86)	7.38
LIOTX	0.59	0.09	0.05	0.30	0.47	(0.75)	1.25	(1.00)	3.36
SMPIX	2.41	0.20	0.09	0.25	2.97	(2.49)	4.64	(5.06)	17.06
SILVX	0.52	(0.01)	(0.07)	0.11	0.45	(0.63)	1.22	(1.16)	3.36

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