Timothy Aggressive Correlations

TAAGX Fund

USD 12.97 0.09 0.69%

The current 90-days correlation between Timothy Aggressive Growth and Timothy Largemid Cap Value is 0.89 (i.e., Very poor diversification). The correlation of Timothy Aggressive 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.

Timothy Aggressive Correlation With Market

Very weak diversification

The correlation between Timothy Aggressive Growth and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Timothy Aggressive Growth 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 Timothy Aggressive Growth. 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 price.

Moving together with Timothy Mutual Fund

0.64	TGIAX	Timothy Plan Growth	Pair Corr
1.0	TIAGX	Timothy Aggressive Growth	Pair Corr
0.71	TICIX	Timothy Israel Mon	Pair Corr
0.67	TIGIX	Timothy Plan Growth	Pair Corr
0.71	TISGX	Timothy Plan Strategic	Pair Corr
0.96	TLGCX	Timothy Largemip Cap	Pair Corr
0.97	TLGAX	Timothy Plan Large	Pair Corr
0.71	TPAIX	Timothy Israel Mon	Pair Corr
0.74	TPCIX	Timothy Israel Mon	Pair Corr
0.64	TPHAX	Timothy Plan High	Pair Corr
0.68	TPHIX	Timothy Plan High	Pair Corr
0.97	TPLIX	Timothy Largemip Cap	Pair Corr
0.9	TPLNX	Timothy Small Cap	Pair Corr
0.9	TPVIX	Timothy Small Cap	Pair Corr
0.62	TSGCX	Timothy Strategic Growth	Pair Corr
0.71	TSGAX	Timothy Strategic Growth	Pair Corr
0.86	TSVCX	Timothy Plan Small	Pair Corr
0.99	TCAGX	Timothy Aggressive Growth	Pair Corr
0.9	PAMCX	T Rowe Price	Pair Corr
0.8	RRMGX	T Rowe Price	Pair Corr
0.9	TRQZX	T Rowe Price	Pair Corr
0.8	RPMGX	T Rowe Price	Pair Corr

Moving against Timothy Mutual Fund

0.5	TFIAX	Timothy Fixed Income	Pair Corr
0.45	TFICX	Timothy Fixed Income	Pair Corr
0.42	TPFIX	Timothy Fixed Income	Pair Corr
0.35	TPICX	Timothy Plan Interna	Pair Corr
0.32	TPIAX	Timothy Plan Interna	Pair Corr
0.31	TPIIX	Timothy Plan Interna	Pair Corr
0.39	IFN	India Closed	Pair Corr

Related Correlations Analysis

	TLVAX	TLGAX	TPLNX	TSGAX
TLVAX		0.44	0.41	0.49	TLVAX
TLGAX	0.44		0.86	0.62	TLGAX
TPLNX	0.41	0.86		0.75	TPLNX
TSGAX	0.49	0.62	0.75		TSGAX
	TLVAX	TLGAX	TPLNX	TSGAX

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Risk-Adjusted Indicators

There is a big difference between Timothy Mutual Fund performing well and Timothy Aggressive 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 Timothy Aggressive'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
TLVAX	0.64	(0.21)	0.00	(0.15)	0.00	0.00	1.10	(1.23)	10.64
TLGAX	0.74	(0.07)	(0.06)	0.03	1.29	(0.69)	1.38	(1.60)	7.82
TPLNX	0.91	(0.11)	(0.05)	0.03	1.15	(1.02)	1.79	(1.43)	11.64
TSGAX	0.39	(0.07)	0.00	(0.03)	0.00	0.00	0.81	(0.69)	1.89

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