Mutual Of Correlations

MAMOX Fund

13.50 0.08 0.60%

The current 90-days correlation between Mutual Of America and Ultra Short Term Fixed is -0.13 (i.e., Good diversification). The correlation of Mutual Of 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.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mutual Of America. 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 persons.

Moving together with Mutual Mutual Fund

0.76	MAAKX	Mutual Of America	Pair Corr
0.98	MAANX	Mutual Of America	Pair Corr
0.73	MACCX	Mutual Of America	Pair Corr
0.71	MACHX	Mutual Of America	Pair Corr
0.78	MAEIX	Mutual Of America	Pair Corr
0.67	MAGKX	Mutual Of America	Pair Corr
0.73	MAMVX	Mutual Of America	Pair Corr
0.75	MASOX	Mutual Of America	Pair Corr
0.77	MARMX	Mutual Of America	Pair Corr
0.78	MAVKX	Mutual Of America	Pair Corr
0.8	MURIX	Mutual Of America	Pair Corr
0.78	MURHX	Mutual Of America	Pair Corr
0.77	MURGX	Mutual Of America	Pair Corr
0.61	MURQX	Mutual Of America	Pair Corr
0.9	FBONX	American Funds American	Pair Corr
0.9	FBAFX	American Funds American	Pair Corr
0.89	ABALX	American Balanced	Pair Corr
0.89	BALCX	American Balanced	Pair Corr
0.89	BALFX	American Balanced	Pair Corr
0.89	RLBCX	American Balanced	Pair Corr
0.78	RLBBX	American Balanced	Pair Corr
0.89	CLBAX	American Balanced	Pair Corr
0.89	CLBEX	American Balanced	Pair Corr
0.9	RLBFX	American Balanced	Pair Corr
0.61	FTCAX	Templeton Strained Bond	Pair Corr

Moving against Mutual Mutual Fund

0.61

UIPIX

Ultrashort Mid Cap

Pair Corr

Related Correlations Analysis

	TSDUX	DIVHX	LEQCX	MFIRX	CGEOX	LGFEX	RGELX
TSDUX		-0.29	0.73	0.12	-0.05	-0.69	0.3	TSDUX
DIVHX	-0.29		0.07	0.54	0.74	0.81	0.59	DIVHX
LEQCX	0.73	0.07		0.61	0.28	-0.38	0.68	LEQCX
MFIRX	0.12	0.54	0.61		0.74	0.31	0.76	MFIRX
CGEOX	-0.05	0.74	0.28	0.74		0.59	0.75	CGEOX
LGFEX	-0.69	0.81	-0.38	0.31	0.59		0.27	LGFEX
RGELX	0.3	0.59	0.68	0.76	0.75	0.27		RGELX
	TSDUX	DIVHX	LEQCX	MFIRX	CGEOX	LGFEX	RGELX

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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

LGFEX	+ 0.81	DIVHX
RGELX	+ 0.76	MFIRX
RGELX	+ 0.75	CGEOX
CGEOX	+ 0.74	DIVHX
CGEOX	+ 0.74	MFIRX
LEQCX	+ 0.73	TSDUX

High negative correlations

LGFEX	- 0.69	TSDUX
LGFEX	- 0.38	LEQCX
DIVHX	- 0.29	TSDUX
CGEOX	- 0.05	TSDUX

Risk-Adjusted Indicators

There is a big difference between Mutual Mutual Fund performing well and Mutual Of 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 Mutual Of'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
TSDUX	0.04	0.00	0.00	(2.77)	0.00	0.00	0.10	0.00	0.61
DIVHX	0.55	(0.12)	0.00	(0.44)	0.00	0.00	1.03	(0.80)	7.27
LEQCX	0.38	0.06	0.09	0.63	0.38	(0.44)	0.87	(0.71)	2.97
MFIRX	0.08	(0.01)	(0.10)	(0.64)	0.11	(0.21)	0.19	(0.19)	0.76
CGEOX	0.75	(0.10)	0.00	(4.57)	0.00	0.00	1.30	(1.59)	9.11
LGFEX	0.64	(0.20)	0.00	(0.41)	0.00	0.00	0.74	(1.33)	7.57
RGELX	0.56	0.00	(0.01)	0.02	0.87	(0.56)	1.03	(1.29)	4.49

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Mutual Of Correlations

Moving together with Mutual Mutual Fund

Moving against Mutual Mutual Fund

Related Correlations Analysis

Correlation Matchups

Risk-Adjusted Indicators

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