Timothy Fixed Correlations
TPFIX Fund | USD 9.11 0.02 0.22% |
The current 90-days correlation between Timothy Fixed Income and Virtus Nfj Large Cap is 0.51 (i.e., Very weak diversification). The correlation of Timothy Fixed 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 Fixed Correlation With Market
Average diversification
The correlation between Timothy Fixed Income and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Timothy Fixed Income and DJI in the same portfolio, assuming nothing else is changed.
Timothy |
Moving together with Timothy Mutual Fund
1.0 | TFICX | Timothy Fixed Income | PairCorr |
1.0 | TFIAX | Timothy Fixed Income | PairCorr |
0.74 | TGCIX | Timothy Plan Growth | PairCorr |
0.75 | TGIAX | Timothy Plan Growth | PairCorr |
0.79 | TIICX | Timothy Plan Conservative | PairCorr |
0.75 | TIGIX | Timothy Plan Growth | PairCorr |
0.75 | TISGX | Timothy Plan Strategic | PairCorr |
0.71 | TPDIX | Timothy Plan Defensive | PairCorr |
0.71 | TPDCX | Timothy Plan Defensive | PairCorr |
0.71 | TPDAX | Timothy Plan Defensive | PairCorr |
0.62 | TPICX | Timothy Plan Interna | PairCorr |
0.61 | TPIAX | Timothy Plan Interna | PairCorr |
0.61 | TPIIX | Timothy Plan Interna | PairCorr |
0.68 | TPHCX | Timothy Plan High | PairCorr |
0.62 | TPHAX | Timothy Plan High | PairCorr |
0.62 | TPHIX | Timothy Plan High | PairCorr |
0.74 | TSGCX | Timothy Strategic Growth | PairCorr |
0.75 | TSGAX | Timothy Strategic Growth | PairCorr |
0.79 | TCGAX | Timothy Servative Growth | PairCorr |
0.78 | TCVCX | Timothy Servative Growth | PairCorr |
0.99 | VBTLX | Vanguard Total Bond | PairCorr |
0.99 | VBMFX | Vanguard Total Bond | PairCorr |
0.99 | VBTIX | Vanguard Total Bond | PairCorr |
0.99 | VTBSX | Vanguard Total Bond | PairCorr |
Related Correlations Analysis
0.18 | 0.68 | 0.96 | 0.68 | 0.75 | 0.32 | VAAGX | ||
0.18 | 0.6 | 0.34 | 0.15 | 0.73 | 0.36 | MKFOX | ||
0.68 | 0.6 | 0.83 | 0.84 | 0.91 | 0.57 | FCLKX | ||
0.96 | 0.34 | 0.83 | 0.77 | 0.86 | 0.36 | JVFLX | ||
0.68 | 0.15 | 0.84 | 0.77 | 0.7 | 0.61 | DOXGX | ||
0.75 | 0.73 | 0.91 | 0.86 | 0.7 | 0.58 | RETSX | ||
0.32 | 0.36 | 0.57 | 0.36 | 0.61 | 0.58 | GMLVX | ||
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Risk-Adjusted Indicators
There is a big difference between Timothy Mutual Fund performing well and Timothy Fixed 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 Fixed'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
VAAGX | 0.57 | (0.05) | 0.00 | (0.11) | 0.00 | 1.14 | 3.68 | |||
MKFOX | 1.01 | (0.02) | 0.00 | (0.06) | 0.00 | 1.79 | 6.69 | |||
FCLKX | 0.62 | 0.00 | 0.00 | (0.03) | 0.00 | 1.16 | 4.31 | |||
JVFLX | 0.56 | (0.04) | 0.00 | (0.08) | 0.00 | 0.98 | 3.55 | |||
DOXGX | 0.50 | 0.04 | 0.06 | 0.03 | 0.72 | 1.27 | 3.27 | |||
RETSX | 0.60 | (0.01) | 0.00 | (0.03) | 0.00 | 1.03 | 3.57 | |||
GMLVX | 0.58 | 0.00 | 0.02 | (0.02) | 0.83 | 1.05 | 3.32 |