Logan Circle Correlations

LPCYX Fund

USD 7.41 0.01 0.13%

The current 90-days correlation between Logan Circle Partners and Us Government Plus is 0.91 (i.e., Almost no diversification). The correlation of Logan Circle 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.

Logan Circle Correlation With Market

Average diversification

The correlation between Logan Circle Partners and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Logan Circle Partners 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 Logan Circle Partners. 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 manufacturing.

Moving together with Logan Mutual Fund

0.97	LPCIX	Logan Circle Partners	Pair Corr
0.92	VBTLX	Vanguard Total Bond	Pair Corr
0.96	VBMFX	Vanguard Total Bond	Pair Corr
0.96	VBTIX	Vanguard Total Bond	Pair Corr
0.96	VTBSX	Vanguard Total Bond	Pair Corr
0.96	VTBIX	Vanguard Total Bond	Pair Corr
0.96	VTBNX	Vanguard Total Bond	Pair Corr
0.94	FBOFX	American Funds	Pair Corr
0.94	FFBOX	American Funds	Pair Corr
0.94	BFAFX	Bond Fund	Pair Corr
0.94	ABNDX	Bond Fund	Pair Corr
0.92	BRUFX	Bruce Fund Bruce	Pair Corr
0.84	REBBX	Intermediate Bond	Pair Corr
0.88	FSULTX	Fsultx	Pair Corr
0.93	PTRAX	Total Return	Pair Corr
0.74	WIEFX	Walden International	Pair Corr
0.97	GCFCX	Goldman Sachs E	Pair Corr
0.72	CIUEX	Six Circles International	Pair Corr
0.75	VBIRX	Vanguard Short Term	Pair Corr
0.73	QLMYTX	Legg Mason Partners	Pair Corr
0.71	COSSX	Columbia Overseas Value	Pair Corr
0.97	PIOIX	Principal Fds Incincome	Pair Corr
0.8	FPNIX	Fpa New Income	Pair Corr
0.67	LPXIX	Cohen Steers Low	Pair Corr
0.89	HWDFX	Hartford World	Pair Corr
0.87	RRFAX	Federated Real Return	Pair Corr
0.88	PRIPX	T Rowe Price	Pair Corr
0.79	PRVHX	Versatile Bond Portfolio	Pair Corr
0.74	JAOSX	Janus Overseas	Pair Corr
0.62	RPOIX	T Rowe Price	Pair Corr

Moving against Logan Mutual Fund

0.34	RYMJX	Commodities Strategy	Pair Corr
0.33	RYMEX	Commodities Strategy	Pair Corr
0.33	RYMBX	Commodities Strategy	Pair Corr
0.58	GUMPX	Guggenheim Market Neutral	Pair Corr

Related Correlations Analysis

	GVPIX	MSVXX	BBINX	TWACX	MMZQX	NUSAX
GVPIX		0.0	0.85	0.53	0.5	0.16	GVPIX
MSVXX	0.0		0.0	0.0	0.0	0.0	MSVXX
BBINX	0.85	0.0		0.75	0.78	0.49	BBINX
TWACX	0.53	0.0	0.75		0.7	0.85	TWACX
MMZQX	0.5	0.0	0.78	0.7		0.67	MMZQX
NUSAX	0.16	0.0	0.49	0.85	0.67		NUSAX
	GVPIX	MSVXX	BBINX	TWACX	MMZQX	NUSAX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

BBINX	+ 0.85	GVPIX
NUSAX	+ 0.85	TWACX
MMZQX	+ 0.78	BBINX
TWACX	+ 0.75	BBINX
MMZQX	+ 0.7	TWACX
NUSAX	+ 0.67	MMZQX

High negative correlations

NUSAX	- 0.0	MSVXX
MMZQX	- 0.0	MSVXX
TWACX	- 0.0	MSVXX
BBINX	- 0.0	MSVXX
MSVXX	- 0.0	GVPIX

Risk-Adjusted Indicators

There is a big difference between Logan Mutual Fund performing well and Logan Circle 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 Logan Circle'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
GVPIX	0.81	(0.08)	0.00	(1.01)	0.00	0.00	1.96	(1.48)	3.76
MSVXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BBINX	0.14	(0.02)	0.00	(0.66)	0.00	0.00	0.29	(0.30)	0.78
TWACX	0.09	0.00	0.85	0.57	0.00	(0.14)	0.22	(0.11)	0.45
MMZQX	0.08	(0.01)	0.50	(0.32)	0.11	(0.12)	0.20	(0.30)	0.51
NUSAX	0.03	0.00	0.00	0.00	0.00	0.00	0.10	0.00	0.19

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