Tcw Funds Correlations

TGEPX Fund

USD 6.60 0.01 0.15%

The current 90-days correlation between Tcw Funds and Nuveen Intelligent Risk is 0.41 (i.e., Very weak diversification). The correlation of Tcw Funds 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.

Tcw Funds Correlation With Market

Modest diversification

The correlation between Tcw Funds and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tcw Funds 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 Tcw Funds . 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 american community survey.

Moving together with Tcw Mutual Fund

0.88	FGBMX	Fidelity New Markets	Pair Corr
0.87	FGZMX	Fidelity New Markets	Pair Corr
0.88	FGWMX	Fidelity New Markets	Pair Corr
0.88	FGVMX	Fidelity New Markets	Pair Corr
0.88	FGYMX	Fidelity New Markets	Pair Corr
0.89	MEDIX	Mfs Emerging Markets	Pair Corr
0.92	MEDCX	Mfs Emerging Markets	Pair Corr
0.91	MEDAX	Mfs Emerging Markets	Pair Corr
0.91	MEDBX	Mfs Emerging Markets	Pair Corr
0.9	MEDEX	Mfs Emerging Markets	Pair Corr
0.82	VGTSX	Vanguard Total Inter	Pair Corr
0.82	VTIAX	Vanguard Total Inter	Pair Corr
0.76	VZ	Verizon Communications	Pair Corr
0.71	PG	Procter Gamble	Pair Corr
0.72	KO	Coca Cola	Pair Corr
0.74	JNJ	Johnson Johnson	Pair Corr
0.69	MCD	McDonalds	Pair Corr
0.73	IBM	International Business	Pair Corr

Moving against Tcw Mutual Fund

0.42	CAT	Caterpillar	Pair Corr
0.32	AXP	American Express	Pair Corr

Related Correlations Analysis

	NIMCX	WMBFX	FHRVX	TRBOX	MARMX	RRPPX	MXBPX
NIMCX		0.81	0.83	0.38	0.74	0.72	0.62	NIMCX
WMBFX	0.81		0.93	0.66	0.88	0.75	0.88	WMBFX
FHRVX	0.83	0.93		0.61	0.84	0.9	0.86	FHRVX
TRBOX	0.38	0.66	0.61		0.84	0.65	0.84	TRBOX
MARMX	0.74	0.88	0.84	0.84		0.8	0.87	MARMX
RRPPX	0.72	0.75	0.9	0.65	0.8		0.77	RRPPX
MXBPX	0.62	0.88	0.86	0.84	0.87	0.77		MXBPX
	NIMCX	WMBFX	FHRVX	TRBOX	MARMX	RRPPX	MXBPX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Tcw Mutual Fund performing well and Tcw Funds 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 Tcw Funds' 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
NIMCX	0.13	(0.02)	0.00	(1.23)	0.00	0.00	0.25	(0.31)	0.74
WMBFX	0.35	(0.03)	0.00	0.23	0.00	0.00	0.59	(0.68)	2.32
FHRVX	0.29	(0.02)	0.00	0.13	0.00	0.00	0.56	(0.61)	1.71
TRBOX	0.69	0.01	0.00	(0.06)	0.00	0.00	1.25	(1.47)	4.03
MARMX	0.28	(0.01)	0.00	(0.12)	0.00	0.00	0.54	(0.53)	1.44
RRPPX	0.36	0.04	0.17	0.04	0.46	(0.40)	0.63	(0.69)	2.13
MXBPX	0.47	(0.03)	0.00	0.21	0.00	0.00	1.01	(1.00)	3.11

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC