Teachers Insurance Correlations

QREARX Fund

USD 464.91 0.19 0.04%

The current 90-days correlation between Teachers Insurance And and Ab Bond Inflation is 0.07 (i.e., Significant diversification). The correlation of Teachers Insurance 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.

Teachers Insurance Correlation With Market

Average diversification

The correlation between Teachers Insurance And and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Teachers Insurance And 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 Teachers Insurance And. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Teachers Fund

0.62	NEWTI	NewtekOne, 800 percent	Pair Corr
0.72	NEWTZ	Newtek Business Services	Pair Corr
0.86	VGTSX	Vanguard Total Inter	Pair Corr
0.86	VTIAX	Vanguard Total Inter	Pair Corr
0.74	NHS	Neuberger Berman High	Pair Corr
0.75	JADKX	John Hancock Variable	Pair Corr
0.75	PLEDX	Pacific Funds Esg	Pair Corr
0.9	SWISX	Schwab International	Pair Corr
0.66	DGCAX	Delaware Porate Bond	Pair Corr
0.72	DODWX	Dodge Global Stock	Pair Corr
0.77	RBFCX	Bond Fund	Pair Corr
0.88	RTNSX	Tax-managed International	Pair Corr
0.82	RBCRX	Rbc Bluebay Absolute	Pair Corr
0.87	COMVX	Comstock Capital Value	Pair Corr
0.79	CRANX	Community Reinvestment	Pair Corr
0.72	LASNX	Loomis Sayles Strategic	Pair Corr
0.75	FOKPX	Oklahoma College Savings	Pair Corr
0.82	RIMOX	City National Rochdale	Pair Corr

Moving against Teachers Fund

0.51	VTSAX	Vanguard Total Stock	Pair Corr
0.51	VTSMX	Vanguard Total Stock	Pair Corr
0.51	VSTSX	Vanguard Total Stock	Pair Corr
0.51	VSMPX	Vanguard Total Stock	Pair Corr
0.49	VFIAX	Vanguard 500 Index	Pair Corr
0.49	VFINX	Vanguard 500 Index	Pair Corr
0.49	VFFSX	Vanguard 500 Index	Pair Corr
0.47	VITSX	Vanguard Total Stock	Pair Corr

Related Correlations Analysis

	ABNTX	MSTBX	OWFIX	DBLFX	PRVBX	CSBCX	RULFX
ABNTX		0.97	0.98	0.94	0.96	0.97	0.94	ABNTX
MSTBX	0.97		0.97	0.98	0.98	0.96	0.92	MSTBX
OWFIX	0.98	0.97		0.97	0.95	0.99	0.88	OWFIX
DBLFX	0.94	0.98	0.97		0.96	0.96	0.85	DBLFX
PRVBX	0.96	0.98	0.95	0.96		0.94	0.93	PRVBX
CSBCX	0.97	0.96	0.99	0.96	0.94		0.87	CSBCX
RULFX	0.94	0.92	0.88	0.85	0.93	0.87		RULFX
	ABNTX	MSTBX	OWFIX	DBLFX	PRVBX	CSBCX	RULFX

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Risk-Adjusted Indicators

There is a big difference between Teachers Fund performing well and Teachers Insurance 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 Teachers Insurance'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
ABNTX	0.15	0.03	0.11	(10.71)	0.00	(0.20)	0.30	(0.39)	0.99
MSTBX	0.11	0.01	0.06	(0.50)	0.00	(0.15)	0.21	(0.21)	0.62
OWFIX	0.18	0.01	0.04	2.06	0.13	(0.22)	0.40	(0.40)	1.01
DBLFX	0.22	0.01	0.04	(0.21)	0.19	(0.27)	0.54	(0.33)	1.33
PRVBX	0.10	0.01	0.06	(0.46)	0.00	(0.13)	0.23	(0.17)	0.53
CSBCX	0.22	0.01	0.03	0.35	0.23	(0.25)	0.49	(0.42)	1.42
RULFX	0.05	0.01	0.00	(0.46)	0.00	0.00	0.10	(0.10)	0.60

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