Timothy Plan Correlations

TPIIX Fund

USD 13.02 0.14 1.06%

The current 90-days correlation between Timothy Plan Interna and Ab Bond Inflation is 0.21 (i.e., Modest 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Timothy Plan Correlation With Market

Very weak diversification

The correlation between Timothy Plan International and DJI is 0.42 (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, which includes a position in Timothy Plan International. 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

0.68	TFICX	Timothy Fixed Income	Pair Corr
0.69	TFIAX	Timothy Fixed Income	Pair Corr
0.67	TPFIX	Timothy Fixed Income	Pair Corr
1.0	TPICX	Timothy Plan Interna	Pair Corr
1.0	TPIAX	Timothy Plan Interna	Pair Corr
0.96	VGTSX	Vanguard Total Inter	Pair Corr
0.96	VTIAX	Vanguard Total Inter	Pair Corr
0.96	VTSNX	Vanguard Total Inter	Pair Corr
0.96	VTPSX	Vanguard Total Inter	Pair Corr

Moving against Timothy Mutual Fund

0.54	TICIX	Timothy Israel Mon	Pair Corr
0.54	TPAIX	Timothy Israel Mon	Pair Corr
0.51	TPCIX	Timothy Israel Mon	Pair Corr
0.35	TPLIX	Timothy Largemip Cap	Pair Corr
0.34	TLGAX	Timothy Plan Large	Pair Corr
0.31	TIAGX	Timothy Aggressive Growth	Pair Corr
0.65	LSHUX	Horizon Spin Off	Pair Corr
0.61	MLPMX	Oppenheimer Steelpath Mlp	Pair Corr
0.6	SPMPX	Invesco Steelpath Mlp	Pair Corr
0.6	SPMJX	Invesco Steelpath Mlp	Pair Corr
0.6	MLPNX	Oppenheimer Steelpath Mlp	Pair Corr
0.6	MLPLX	Oppenheimer Steelpath Mlp	Pair Corr
0.55	OSPPX	Oppenheimer Steelpath Mlp	Pair Corr
0.32	TPLNX	Timothy Small Cap	Pair Corr
0.32	TPVIX	Timothy Small Cap	Pair Corr
0.31	TAAGX	Timothy Aggressive Growth	Pair Corr

Related Correlations Analysis

	ABNCX	RYIFX	ABNYX	ANBIX	APISX	LIPNX	SWRSX
ABNCX		0.59	0.95	0.99	0.8	0.95	0.95	ABNCX
RYIFX	0.59		0.49	0.57	0.72	0.6	0.59	RYIFX
ABNYX	0.95	0.49		0.95	0.75	0.96	0.96	ABNYX
ANBIX	0.99	0.57	0.95		0.81	0.93	0.93	ANBIX
APISX	0.8	0.72	0.75	0.81		0.77	0.78	APISX
LIPNX	0.95	0.6	0.96	0.93	0.77		1.0	LIPNX
SWRSX	0.95	0.59	0.96	0.93	0.78	1.0		SWRSX
	ABNCX	RYIFX	ABNYX	ANBIX	APISX	LIPNX	SWRSX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Timothy Mutual Fund performing well and Timothy Plan 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 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
ABNCX	0.13	(0.03)	0.00	(0.62)	0.00	0.00	0.20	(0.30)	0.89
RYIFX	0.47	(0.03)	(0.17)	(0.01)	0.58	(0.52)	0.99	(1.24)	2.58
ABNYX	0.15	(0.02)	0.00	(0.27)	0.00	0.00	0.19	(0.29)	1.04
ANBIX	0.14	(0.02)	0.00	(0.68)	0.00	0.00	0.29	(0.29)	0.87
APISX	0.11	(0.01)	(0.65)	(0.09)	0.09	(0.16)	0.28	(0.19)	0.76
LIPNX	0.21	(0.03)	0.00	(0.75)	0.00	0.00	0.41	(0.42)	1.22
SWRSX	0.20	(0.03)	0.00	(0.65)	0.00	0.00	0.29	(0.49)	1.07

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