Deutsche Croci Correlations

SUICX Fund

USD 49.73 0.17 0.34%

The current 90-days correlation between Deutsche Croci Inter and Fidelity Advisor Diversified is 0.8 (i.e., Very poor diversification). The correlation of Deutsche Croci 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.

Deutsche Croci Correlation With Market

Average diversification

The correlation between Deutsche Croci International and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Deutsche Croci International and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Deutsche Croci International. 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 main economic indicators.

Moving together with Deutsche Mutual Fund

0.76	GCGGX	Deutsche Gnma	Pair Corr
0.9	SCINX	Deutsche Croci Inter	Pair Corr
0.71	SCHLX	Deutsche Health And	Pair Corr
0.82	SCOBX	Deutsche Global Growth	Pair Corr
0.78	SCSBX	Deutsche E Plus	Pair Corr

Moving against Deutsche Mutual Fund

0.58	KDHSX	Deutsche Croci Equity	Pair Corr
0.57	SSLCX	Deutsche Small Cap	Pair Corr
0.49	KTCIX	Deutsche Science And	Pair Corr
0.49	KTCSX	Deutsche Science And	Pair Corr
0.48	KTCCX	Deutsche Science And	Pair Corr
0.47	KTCAX	Deutsche Science And	Pair Corr
0.39	SSDSX	Deutsche Small Cap	Pair Corr
0.38	SSDZX	Deutsche Small Cap	Pair Corr
0.38	SSDAX	Deutsche Small Cap	Pair Corr
0.38	SSDIX	Deutsche Small Cap	Pair Corr
0.37	SSDCX	Deutsche Small Cap	Pair Corr
0.58	KDHCX	Deutsche Croci Equity	Pair Corr
0.58	KDHAX	Deutsche Croci Equity	Pair Corr
0.58	KDHIX	Deutsche Croci Equity	Pair Corr
0.55	SCQGX	Deutsche Large Cap	Pair Corr
0.52	SCGSX	Deutsche Capital Growth	Pair Corr
0.52	SCPIX	Deutsche Sp 500	Pair Corr
0.52	BTIEX	Deutsche Equity 500	Pair Corr
0.51	SCDGX	Deutsche E Equity	Pair Corr
0.51	BTIRX	Deutsche Equity 500	Pair Corr
0.51	BTIIX	Deutsche Equity 500	Pair Corr

Related Correlations Analysis

	FZABX	LIGFX	WCAFX	DTICX	FARIX	WDIAX	XWDIX
FZABX		0.01	0.63	0.63	-0.14	-0.07	0.66	FZABX
LIGFX	0.01		0.51	0.05	0.73	0.71	-0.29	LIGFX
WCAFX	0.63	0.51		0.72	0.22	0.09	0.59	WCAFX
DTICX	0.63	0.05	0.72		-0.23	-0.34	0.75	DTICX
FARIX	-0.14	0.73	0.22	-0.23		0.76	-0.39	FARIX
WDIAX	-0.07	0.71	0.09	-0.34	0.76		-0.5	WDIAX
XWDIX	0.66	-0.29	0.59	0.75	-0.39	-0.5		XWDIX
	FZABX	LIGFX	WCAFX	DTICX	FARIX	WDIAX	XWDIX

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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

WDIAX	+ 0.76	FARIX
XWDIX	+ 0.75	DTICX
FARIX	+ 0.73	LIGFX
DTICX	+ 0.72	WCAFX
WDIAX	+ 0.71	LIGFX
XWDIX	+ 0.66	FZABX

High negative correlations

XWDIX	- 0.5	WDIAX
XWDIX	- 0.39	FARIX
WDIAX	- 0.34	DTICX
XWDIX	- 0.29	LIGFX
FARIX	- 0.23	DTICX
FARIX	- 0.14	FZABX

Risk-Adjusted Indicators

There is a big difference between Deutsche Mutual Fund performing well and Deutsche Croci 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 Deutsche Croci'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
FZABX	0.65	(0.05)	(0.13)	0.02	0.79	(0.65)	1.18	(1.19)	4.32
LIGFX	0.24	0.00	(0.28)	0.10	0.17	(0.28)	0.55	(0.43)	1.23
WCAFX	0.23	(0.01)	(0.31)	0.05	0.23	(0.27)	0.46	(0.45)	1.36
DTICX	0.06	(0.01)	(0.74)	(0.36)	0.07	(0.14)	0.13	(0.13)	0.51
FARIX	0.34	(0.05)	0.00	(0.09)	0.00	0.00	0.62	(0.60)	1.55
WDIAX	0.47	0.06	(0.09)	0.97	0.29	(0.64)	1.16	(0.66)	3.56
XWDIX	0.17	0.00	0.00	0.00	0.00	0.00	0.32	(0.38)	1.39

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