Managed Account Correlations

Managed Account Correlation With Market

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Managed Account Series. 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 population.

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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    BRAPX + 0.91 MKFOX MKGCX + 0.9 MKDVX BRAPX + 0.88 MKCPX MKECX + 0.84 MKEFX MKDCX + 0.82 MKEFX MKDCX + 0.8 MKECX

High negative correlations    MKFOX - 0.54 MKECX MKFOX - 0.46 MKEFX MKFOX - 0.4 MKDCX MKDVX - 0.37 MKEFX MKDVX - 0.32 MKECX BRAPX - 0.29 MKECX

Risk-Adjusted Indicators

There is a big difference between Managed Mutual Fund performing well and Managed Account 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 Managed Account'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.