Retailing Fund Correlations

RYRIX Fund

USD 52.89 1.54 3.00%

The current 90-days correlation between Retailing Fund Investor and Leisure Fund Investor is 0.06 (i.e., Significant diversification). The correlation of Retailing Fund 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.

Retailing Fund Correlation With Market

Poor diversification

The correlation between Retailing Fund Investor and DJI is 0.69 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Retailing Fund Investor 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 Retailing Fund Investor. 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 Retailing Mutual Fund

0.77	IP	International Paper	Pair Corr
0.89	SW	Smurfit WestRock plc	Pair Corr
0.79	VIRC	Virco Manufacturing	Pair Corr
0.74	F-PB	Ford Motor	Pair Corr
0.65	F-PC	Ford Motor	Pair Corr
0.74	F-PD	F PD	Pair Corr
0.68	WPRT	Westport Fuel Systems	Pair Corr
0.8	AIN	Albany International	Pair Corr
0.81	GEF	Greif Bros	Pair Corr
0.75	HNI	HNI Corp	Pair Corr
0.69	KRT	Karat Packaging	Pair Corr
0.8	MLR	Miller Industries	Pair Corr

Moving against Retailing Mutual Fund

0.59	CYD	China Yuchai Interna	Pair Corr
0.47	EFOI	Energy Focu	Pair Corr
0.31	DRVN	Driven Brands Holdings	Pair Corr

Related Correlations Analysis

	RYLIX	RYKIX	RYTIX	RYFIX	RYHIX
RYLIX		0.61	0.55	0.7	0.45	RYLIX
RYKIX	0.61		0.87	0.93	0.55	RYKIX
RYTIX	0.55	0.87		0.73	0.2	RYTIX
RYFIX	0.7	0.93	0.73		0.71	RYFIX
RYHIX	0.45	0.55	0.2	0.71		RYHIX
	RYLIX	RYKIX	RYTIX	RYFIX	RYHIX

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Risk-Adjusted Indicators

There is a big difference between Retailing Mutual Fund performing well and Retailing Fund 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 Retailing Fund'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
RYLIX	0.82	(0.08)	0.00	0.63	0.00	0.00	1.39	(2.12)	4.03
RYKIX	1.03	(0.04)	0.00	(0.08)	0.00	0.00	2.15	(2.50)	6.97
RYTIX	1.33	(0.09)	0.00	(0.12)	0.00	0.00	2.12	(3.53)	6.87
RYFIX	0.84	0.01	0.00	(0.02)	0.00	0.00	1.55	(2.55)	5.11
RYHIX	0.67	0.05	0.08	0.05	0.76	(0.71)	1.28	(1.17)	3.28

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