Timothy Plan Correlations

The current 90-days correlation between Timothy Plan Interna and Timothy Plan LargeMid is -0.02 (i.e., Good 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

Very weak diversification

The correlation between Timothy Plan International and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Timothy Plan International and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Timothy Etf

0.99	VEA	Vanguard FTSE Developed	Pair Corr
0.99	IEFA	iShares Core MSCI	Pair Corr
0.99	VEU	Vanguard FTSE All	Pair Corr
0.99	EFA	iShares MSCI EAFE	Pair Corr
0.98	IXUS	iShares Core MSCI	Pair Corr
0.98	SPDW	SPDR SP World	Pair Corr
0.98	IDEV	iShares Core MSCI	Pair Corr
0.99	ESGD	iShares ESG Aware	Pair Corr
0.99	JIRE	JP Morgan Exchange	Pair Corr
0.99	DFAX	Dimensional World	Pair Corr
0.89	GDXU	MicroSectors Gold Miners	Pair Corr
0.73	JNJ	Johnson Johnson	Pair Corr
0.72	MCD	McDonalds	Pair Corr
0.66	TRV	The Travelers Companies	Pair Corr
0.77	VZ	Verizon Communications	Pair Corr

Moving against Timothy Etf

0.55	UPRO	ProShares UltraPro SP500	Pair Corr
0.47	QTJA	Innovator ETFs Trust Low Volatility	Pair Corr
0.47	QTOC	Innovator ETFs Trust	Pair Corr
0.4	XTOC	Innovator ETFs Trust	Pair Corr
0.39	XTJA	Innovator ETFs Trust	Pair Corr
0.61	AXP	American Express	Pair Corr
0.59	BAC	Bank of America Aggressive Push	Pair Corr
0.57	CAT	Caterpillar	Pair Corr
0.55	HPQ	HP Inc	Pair Corr
0.55	HD	Home Depot	Pair Corr
0.5	DIS	Walt Disney	Pair Corr
0.42	MRK	Merck Company	Pair Corr

Related Correlations Analysis

	TPLC	TPHD	TPSC	TPHE	TPLE
TPLC		0.6	0.86	0.44	0.92	TPLC
TPHD	0.6		0.34	0.64	0.51	TPHD
TPSC	0.86	0.34		0.31	0.95	TPSC
TPHE	0.44	0.64	0.31		0.57	TPHE
TPLE	0.92	0.51	0.95	0.57		TPLE
	TPLC	TPHD	TPSC	TPHE	TPLE

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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
TPLC	0.74	(0.04)	0.00	0.24	0.00	0.00	1.33	(1.57)	3.06
TPHD	0.67	0.02	0.03	(0.11)	0.82	(0.68)	1.42	(1.21)	3.31
TPSC	0.82	(0.09)	0.00	(0.09)	0.00	0.00	1.66	(1.84)	3.81
TPHE	0.64	0.05	0.07	0.07	0.67	(0.71)	1.31	(1.04)	3.18
TPLE	0.69	(0.03)	0.00	(0.03)	0.00	0.00	1.20	(1.28)	2.94

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