Sp 500 Correlations

RYSOX Fund

USD 90.18 0.43 0.47%

The current 90-days correlation between Sp 500 Fund and Shelton Emerging Markets is 0.23 (i.e., Modest diversification). The correlation of Sp 500 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.

Sp 500 Correlation With Market

Very weak diversification

The correlation between Sp 500 Fund and DJI is 0.51 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sp 500 Fund 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 Sp 500 Fund. 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 RYSOX Mutual Fund

0.79	RYBKX	Banking Fund Class	Pair Corr
0.64	RYAKX	Russell 2000 15x	Pair Corr
0.68	RYAHX	Mid Cap 15x	Pair Corr
0.75	RYATX	Nasdaq 100 Fund	Pair Corr
0.98	RYANX	Nova Fund Class	Pair Corr
0.83	RYAWX	Sp 500 Pure	Pair Corr
0.86	RYDHX	Dow Jones Industrial	Pair Corr
0.68	RYDCX	Mid Cap 15x	Pair Corr
0.85	RYDKX	Dow Jones Industrial	Pair Corr
0.76	RYCHX	Technology Fund Class	Pair Corr
0.87	RYCCX	Nasdaq 100 2x	Pair Corr
0.64	RYCMX	Russell 2000 15x	Pair Corr

Moving against RYSOX Mutual Fund

0.5

RYAQX

Inverse Government Long

Pair Corr

Related Correlations Analysis

	EMSLX	REMVX	MSSGX	JAAIX	TFAGX	DIHRX	MFTFX
EMSLX		0.89	0.21	0.61	0.72	0.79	0.26	EMSLX
REMVX	0.89		0.42	0.69	0.79	0.88	0.34	REMVX
MSSGX	0.21	0.42		0.53	0.61	0.44	0.63	MSSGX
JAAIX	0.61	0.69	0.53		0.82	0.9	0.67	JAAIX
TFAGX	0.72	0.79	0.61	0.82		0.86	0.58	TFAGX
DIHRX	0.79	0.88	0.44	0.9	0.86		0.47	DIHRX
MFTFX	0.26	0.34	0.63	0.67	0.58	0.47		MFTFX
	EMSLX	REMVX	MSSGX	JAAIX	TFAGX	DIHRX	MFTFX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between RYSOX Mutual Fund performing well and Sp 500 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 Sp 500'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
EMSLX	0.62	0.03	0.03	0.17	0.86	(0.60)	1.25	(1.34)	3.66
REMVX	0.64	0.06	0.06	0.16	0.74	(0.71)	1.47	(1.38)	3.39
MSSGX	1.63	0.11	0.06	0.12	1.87	(1.92)	3.70	(2.85)	10.79
JAAIX	0.15	0.02	0.06	0.19	0.04	(0.21)	0.31	(0.25)	1.13
TFAGX	0.75	0.04	0.03	(1.78)	1.07	(0.78)	1.44	(1.72)	5.07
DIHRX	0.53	0.09	0.12	0.24	0.57	(0.60)	1.16	(0.99)	3.68
MFTFX	1.21	0.04	0.02	1.83	1.60	(1.23)	2.48	(2.63)	6.97

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