Litman Gregory Correlations

MAHIX Fund

USD 9.95 0.01 0.10%

The current 90-days correlation between Litman Gregory Masters and Franklin Adjustable Government is 0.02 (i.e., Significant diversification). The correlation of Litman Gregory 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.

Litman Gregory Correlation With Market

Good diversification

The correlation between Litman Gregory Masters and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Litman Gregory Masters 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 Litman Gregory Masters. 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 gross domestic product.

Moving together with Litman Mutual Fund

0.84	MASFX	Litman Gregory Masters	Pair Corr
0.87	MASNX	Litman Gregory Masters	Pair Corr
0.95	MSILX	Litman Gregory Masters	Pair Corr
0.84	IDMIX	Im Dolan Mceniry	Pair Corr
0.96	BSIKX	Blackrock Strategic	Pair Corr
0.75	BSICX	Blackrock Strategic Opps	Pair Corr
0.74	BASIX	Blackrock Strategic Opps	Pair Corr
0.73	BSIIX	Blackrock Strategic	Pair Corr
0.74	JSORX	Jpmorgan Strategic Income	Pair Corr
0.75	JSOZX	Jpmorgan Strategic Income	Pair Corr
0.73	JSOCX	Jpmorgan Strategic Income	Pair Corr
0.75	JSOSX	Jpmorgan Strategic Income	Pair Corr
0.72	JSOAX	Jpmorgan Strategic Income	Pair Corr
0.79	PMZCX	Pimco Mortgage Oppor	Pair Corr
0.72	VGTSX	Vanguard Total Inter	Pair Corr
0.72	VTIAX	Vanguard Total Inter	Pair Corr
0.81	RVRPX	American Funds Retirement	Pair Corr
0.78	DCLIX	Dws California Tax	Pair Corr
0.61	QNZNX	Aqr Sustainable Long	Pair Corr
0.74	WEDRX	William Blair Emerging	Pair Corr
0.69	PRIDX	T Rowe Price	Pair Corr
0.91	JIGIX	John Hancock Interna	Pair Corr
0.74	RIBIX	Rbc Impact Bond	Pair Corr
0.82	MERVX	Merger Fund	Pair Corr
0.77	ARZDX	Amg River Road	Pair Corr

Moving against Litman Mutual Fund

0.36

PFSVX

Imgp Sbh Focused

Pair Corr

Related Correlations Analysis

	FCSCX	BIGLX	RGVBX	FIKPX	RGVAX	TUIXX	SPAXX
FCSCX		0.91	0.92	0.91	0.93	0.55	0.81	FCSCX
BIGLX	0.91		0.96	1.0	0.99	0.29	0.81	BIGLX
RGVBX	0.92	0.96		0.96	0.96	0.28	0.78	RGVBX
FIKPX	0.91	1.0	0.96		0.99	0.28	0.82	FIKPX
RGVAX	0.93	0.99	0.96	0.99		0.32	0.78	RGVAX
TUIXX	0.55	0.29	0.28	0.28	0.32		0.41	TUIXX
SPAXX	0.81	0.81	0.78	0.82	0.78	0.41		SPAXX
	FCSCX	BIGLX	RGVBX	FIKPX	RGVAX	TUIXX	SPAXX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Litman Mutual Fund performing well and Litman Gregory 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 Litman Gregory'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
FCSCX	0.06	0.01	0.33	0.80	0.00	(0.18)	0.13	(0.13)	0.66
BIGLX	0.26	0.01	0.13	0.38	0.27	(0.32)	0.56	(0.55)	1.58
RGVBX	0.24	0.02	0.19	(0.40)	0.20	(0.30)	0.52	(0.43)	1.39
FIKPX	0.24	0.01	0.14	3.58	0.22	(0.28)	0.56	(0.44)	1.34
RGVAX	0.25	0.02	0.15	0.69	0.25	(0.31)	0.60	(0.50)	1.56
TUIXX	0.03	0.00	0.00	(0.37)	0.00	0.00	0.00	0.00	1.01
SPAXX	0.03	0.00	0.00	(0.38)	0.00	0.00	0.00	0.00	1.01

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