Timothy Plan Correlations

TPHE Etf

USD 25.59 0.10 0.39%

The current 90-days correlation between Timothy Plan and Timothy Plan is 0.89 (i.e., Very poor diversification). The correlation of Timothy Plan 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.

Timothy Plan Correlation With Market

Poor diversification

The correlation between Timothy Plan and DJI is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Timothy Plan 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 Plan . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.

Moving together with Timothy Etf

0.97	VOE	Vanguard Mid Cap	Pair Corr
0.68	SDY	SPDR SP Dividend	Pair Corr
0.93	IWS	iShares Russell Mid	Pair Corr
0.92	SPYD	SPDR Portfolio SP	Pair Corr
0.92	COWZ	Pacer Cash Cows	Pair Corr
0.87	IJJ	iShares SP Mid	Pair Corr
0.91	DON	WisdomTree MidCap	Pair Corr
0.89	RPV	Invesco SP 500	Pair Corr
0.91	PEY	Invesco High Yield	Pair Corr
0.92	PKW	Invesco BuyBack Achievers	Pair Corr
0.78	UPRO	ProShares UltraPro SP500 Sell-off Trend	Pair Corr
0.74	QTJA	Innovator ETFs Trust	Pair Corr
0.66	QTOC	Innovator ETFs Trust	Pair Corr
0.75	XTOC	Innovator ETFs Trust	Pair Corr
0.73	QTAP	Innovator Growth 100	Pair Corr
0.74	XTJA	Innovator ETFs Trust	Pair Corr
0.63	DSJA	DSJA	Pair Corr
0.74	XDJA	Innovator ETFs Trust	Pair Corr
0.77	XTAP	Innovator Equity Acc	Pair Corr
0.81	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.63	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.63	WMT	Walmart	Pair Corr
0.77	CSCO	Cisco Systems	Pair Corr
0.86	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.73	CAT	Caterpillar Sell-off Trend	Pair Corr
0.74	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.76	HD	Home Depot	Pair Corr

Moving against Timothy Etf

0.6	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.58	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.53	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	TPLE	TPHD	TPLC	TPSC	TPIF
TPLE		0.95	1.0	0.95	-0.53	TPLE
TPHD	0.95		0.95	0.87	-0.53	TPHD
TPLC	1.0	0.95		0.95	-0.54	TPLC
TPSC	0.95	0.87	0.95		-0.66	TPSC
TPIF	-0.53	-0.53	-0.54	-0.66		TPIF
	TPLE	TPHD	TPLC	TPSC	TPIF

Click cells to compare fundamentals

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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

TPLC	+ 1.0	TPLE
TPHD	+ 0.95	TPLE
TPSC	+ 0.95	TPLE
TPLC	+ 0.95	TPHD
TPSC	+ 0.95	TPLC
TPSC	+ 0.87	TPHD

High negative correlations

TPIF	- 0.66	TPSC
TPIF	- 0.54	TPLC
TPIF	- 0.53	TPHD
TPIF	- 0.53	TPLE

Timothy Plan Constituents Risk-Adjusted Indicators

There is a big difference between Timothy Etf performing well and Timothy Plan ETF 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 Plan'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
TPLE	0.54	0.00	(0.02)	0.09	0.43	(0.60)	1.20	(0.83)	3.91
TPHD	0.51	(0.02)	(0.08)	0.06	0.48	(0.59)	0.93	(0.86)	3.73
TPLC	0.54	0.00	(0.02)	0.09	0.42	(0.62)	1.19	(0.85)	3.86
TPSC	0.83	0.03	0.09	0.11	0.56	(0.98)	1.94	(1.11)	7.52
TPIF	0.54	(0.08)	0.00	(0.23)	0.00	0.00	1.17	(1.06)	3.32

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