Cohen Steers Correlations

LPXRX Fund

USD 9.55 0.01 0.10%

The correlation of Cohen Steers 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.

Cohen Steers Correlation With Market

Weak diversification

The correlation between Cohen Steers Low and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cohen Steers Low 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 Cohen Steers Low. 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 metropolitan statistical area.

For more information on how to buy Cohen Mutual Fund please use our How to Invest in Cohen Steers guide.

Moving together with Cohen Mutual Fund

0.87	RAPAX	Cohen Steers Real	Pair Corr
0.88	RAPIX	Cohen Steers Real	Pair Corr
0.86	RAPCX	Cohen Steers Real	Pair Corr
0.87	RAPZX	Cohen Steers Real	Pair Corr
0.87	RAPRX	Cohen Steers Real	Pair Corr
0.77	CIRRX	Cohen Steers Real	Pair Corr
0.83	IRFZX	Cohen Steers Intl	Pair Corr
0.82	IRFCX	Cohen Steers Interna	Pair Corr
0.86	IRFIX	Cohen Steers Interna	Pair Corr
0.82	IRFRX	Cohen Steers Intl	Pair Corr
0.99	LPXAX	Cohen Steers Low	Pair Corr
1.0	LPXFX	Cohen Steers Low	Pair Corr
0.93	CPXFX	Cohen Steers Preferred	Pair Corr
0.93	CPXCX	Cohen Steers Prefrd	Pair Corr
0.95	CPXAX	Cohen Steers Preferd	Pair Corr
0.96	CPXZX	Cohen Steers Preferred	Pair Corr
0.78	CREFX	Cohen Steers Real	Pair Corr
0.76	CSCIX	Cohen Steers Real	Pair Corr
0.78	CSDIX	Cohen Steers Real	Pair Corr
0.78	CSEIX	Cohen Steers Real	Pair Corr
0.75	CSFZX	Cohen Steers Global	Pair Corr
0.73	CSFCX	Cohen Steers Global	Pair Corr
0.74	CSJZX	Cohen Steers Realty	Pair Corr
0.77	CSJRX	Cohen Steers Realty	Pair Corr
0.78	CSJIX	Cohen Steers Realty	Pair Corr
0.78	CSRSX	Cohen Steers Realty	Pair Corr
0.78	CSRIX	Cohen And Steers	Pair Corr
0.75	CSSPX	Cohen Steers Global	Pair Corr
0.76	CSURX	Cohen Steers Global	Pair Corr
0.77	CSUIX	Cohen Steers Global	Pair Corr
0.75	CSUCX	Cohen Steers Global	Pair Corr
0.76	CSUAX	Cohen Steers Global	Pair Corr
0.78	CSZIX	Cohen Steers Real	Pair Corr
0.96	CPXIX	Cohen Steers Prfrd	Pair Corr
0.95	CPRRX	Cohen Steers Preferred	Pair Corr
0.98	PRFCX	Preferred Securities	Pair Corr
0.99	PPSIX	Preferred Securities	Pair Corr

Moving against Cohen Mutual Fund

0.41	MLOCX	Cohen Steers Mlp	Pair Corr
0.4	MLOAX	Cohen Steers Mlp	Pair Corr
0.39	MLOZX	Cohen Steers Mlp	Pair Corr

Related Correlations Analysis

	PBMXX	HUCXX	FMFXX	AEYXX	ICAXX	ELMXX	0P000070L2
PBMXX		0.0	0.0	0.0	0.0	0.0	0.0	PBMXX
HUCXX	0.0		0.0	0.0	0.0	0.0	0.0	HUCXX
FMFXX	0.0	0.0		0.0	0.0	0.0	0.0	FMFXX
AEYXX	0.0	0.0	0.0		0.0	0.0	0.0	AEYXX
ICAXX	0.0	0.0	0.0	0.0		0.0	0.0	ICAXX
ELMXX	0.0	0.0	0.0	0.0	0.0		0.0	ELMXX
0P000070L2	0.0	0.0	0.0	0.0	0.0	0.0		0P000070L2
	PBMXX	HUCXX	FMFXX	AEYXX	ICAXX	ELMXX	0P000070L2

Click cells to compare fundamentals

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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

HUCXX	+ 0.0	PBMXX
FMFXX	+ 0.0	PBMXX
AEYXX	+ 0.0	PBMXX
ICAXX	+ 0.0	PBMXX
ELMXX	+ 0.0	PBMXX
0P000070L2	+ 0.0	PBMXX

High negative correlations

0P000070L2	- 0.0	ELMXX
0P000070L2	- 0.0	ICAXX
ELMXX	- 0.0	ICAXX
0P000070L2	- 0.0	AEYXX
ELMXX	- 0.0	AEYXX
ICAXX	- 0.0	AEYXX

Risk-Adjusted Indicators

There is a big difference between Cohen Mutual Fund performing well and Cohen Steers 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 Cohen Steers' 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
PBMXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HUCXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FMFXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AEYXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ICAXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ELMXX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
0P000070L2	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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