Performance Trust Correlations

PTCOX Fund

USD 19.90 0.03 0.15%

The current 90-days correlation between Performance Trust and Ab Small Cap is 0.1 (i.e., Average diversification). The correlation of Performance Trust 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.

Performance Trust Correlation With Market

Good diversification

The correlation between Performance Trust Strategic and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Performance Trust Strategic and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Trust Strategic. 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 Performance Mutual Fund

1.0	PTIAX	Performance Trust	Pair Corr
0.89	PTIMX	Performance Trust	Pair Corr
0.99	MWTNX	Metropolitan West Total	Pair Corr
0.95	MWTSX	Metropolitan West Total	Pair Corr
0.98	PTTPX	Pimco Total Return	Pair Corr
0.99	PTRRX	Total Return	Pair Corr
0.98	PTRAX	Total Return	Pair Corr
0.99	PTTRX	Total Return	Pair Corr
0.99	FIWGX	Strategic Advisers	Pair Corr
0.99	DODIX	Dodge Income	Pair Corr
0.99	MWTIX	Metropolitan West Total	Pair Corr
0.98	MWTRX	Metropolitan West Total	Pair Corr
0.61	RBCUX	Tax Exempt Bond	Pair Corr
0.88	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.62	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr

Moving against Performance Mutual Fund

0.78	BDJ	Blackrock Enhanced Equity	Pair Corr
0.68	VFINX	Vanguard 500 Index	Pair Corr
0.68	VFIAX	Vanguard 500 Index	Pair Corr
0.6	CII	Blackrock Enhanced	Pair Corr
0.79	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.74	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.74	HPQ	HP Inc	Pair Corr
0.72	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.71	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.71	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.62	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.59	AXP	American Express Sell-off Trend	Pair Corr
0.53	T	ATT Inc Aggressive Push	Pair Corr
0.52	DIS	Walt Disney	Pair Corr
0.49	WMT	Walmart Aggressive Push	Pair Corr

Related Correlations Analysis

	SCYVX	TVOYX	AATSX	RTOUX	FEODX	PMDDX	HSCYX
SCYVX		0.94	0.93	0.98	0.93	0.98	0.92	SCYVX
TVOYX	0.94		0.99	0.95	0.88	0.95	0.98	TVOYX
AATSX	0.93	0.99		0.94	0.88	0.96	0.98	AATSX
RTOUX	0.98	0.95	0.94		0.97	0.99	0.94	RTOUX
FEODX	0.93	0.88	0.88	0.97		0.94	0.9	FEODX
PMDDX	0.98	0.95	0.96	0.99	0.94		0.94	PMDDX
HSCYX	0.92	0.98	0.98	0.94	0.9	0.94		HSCYX
	SCYVX	TVOYX	AATSX	RTOUX	FEODX	PMDDX	HSCYX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Performance Mutual Fund performing well and Performance Trust 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 Performance Trust'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
SCYVX	0.91	0.11	0.01	1.18	0.96	(1.03)	1.95	(1.46)	7.36
TVOYX	0.78	(0.01)	0.02	0.09	0.68	(0.95)	1.70	(1.42)	6.73
AATSX	0.78	0.04	0.06	0.14	0.76	(0.86)	2.10	(1.37)	4.86
RTOUX	0.79	0.11	0.02	0.85	0.84	(0.85)	1.78	(1.45)	6.26
FEODX	0.86	0.08	(0.01)	0.59	1.00	(0.93)	1.76	(1.41)	6.51
PMDDX	0.73	0.11	0.02	1.54	0.68	(0.86)	1.61	(1.31)	5.22
HSCYX	0.87	(0.01)	0.02	0.09	0.94	(0.95)	1.77	(1.57)	6.60

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