Timothy Fixed Correlations

Mutual Funds . USA . 
Fund . Timothy Fixed Income
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.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Timothy Fixed Income. 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 gross domestic product.

Moving together with Timothy Mutual Fund

  1.0TFICX Timothy Fixed IncomePairCorr
  1.0TFIAX Timothy Fixed IncomePairCorr
  0.74TGCIX Timothy Plan GrowthPairCorr
  0.75TGIAX Timothy Plan GrowthPairCorr
  0.79TIICX Timothy Plan ConservativePairCorr
  0.75TIGIX Timothy Plan GrowthPairCorr
  0.75TISGX Timothy Plan StrategicPairCorr
  0.71TPDIX Timothy Plan DefensivePairCorr
  0.71TPDCX Timothy Plan DefensivePairCorr
  0.71TPDAX Timothy Plan DefensivePairCorr
  0.62TPICX Timothy Plan InternaPairCorr
  0.61TPIAX Timothy Plan InternaPairCorr
  0.61TPIIX Timothy Plan InternaPairCorr
  0.68TPHCX Timothy Plan HighPairCorr
  0.62TPHAX Timothy Plan HighPairCorr
  0.62TPHIX Timothy Plan HighPairCorr
  0.74TSGCX Timothy Strategic GrowthPairCorr
  0.75TSGAX Timothy Strategic GrowthPairCorr
  0.79TCGAX Timothy Servative GrowthPairCorr
  0.78TCVCX Timothy Servative GrowthPairCorr
  0.99VBTLX Vanguard Total BondPairCorr
  0.99VBMFX Vanguard Total BondPairCorr
  0.99VBTIX Vanguard Total BondPairCorr
  0.99VTBSX Vanguard Total BondPairCorr

Related Correlations Analysis

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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.

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