Timothy Large/mip-cap Correlations
| TPLIX Fund | USD 12.54 0.01 0.08% |
The current 90-days correlation between Timothy Large/mip-cap and Dfa Real Estate is 0.47 (i.e., Very weak diversification). The correlation of Timothy Large/mip-cap 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 Large/mip-cap Correlation With Market
Poor diversification
The correlation between Timothy Largemip Cap Growth and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Timothy Largemip Cap Growth and DJI in the same portfolio, assuming nothing else is changed.
Timothy |
Moving together with Timothy Mutual Fund
| 0.93 | TIAGX | Timothy Aggressive Growth | PairCorr |
| 1.0 | TLGCX | Timothy Large/mip-cap | PairCorr |
| 1.0 | TLGAX | Timothy Plan Large | PairCorr |
| 0.86 | TLVCX | Timothy Large/mid-cap | PairCorr |
| 0.85 | TLVAX | Timothy Large/mid-cap | PairCorr |
| 0.84 | TMVIX | Timothy Large/mid-cap | PairCorr |
| 0.94 | TPLNX | Timothy Small Cap | PairCorr |
| 0.94 | TPVIX | Timothy Small Cap | PairCorr |
| 0.93 | TAAGX | Timothy Aggressive Growth | PairCorr |
| 0.94 | TSVCX | Timothy Plan Small | PairCorr |
| 0.93 | TCAGX | Timothy Aggressive Growth | PairCorr |
| 0.91 | FAFGX | American Funds | PairCorr |
| 0.91 | FFAFX | American Funds | PairCorr |
| 0.89 | GFACX | Growth Fund | PairCorr |
| 0.91 | GFAFX | Growth Fund | PairCorr |
Moving against Timothy Mutual Fund
| 0.63 | TFIAX | Timothy Fixed Income | PairCorr |
| 0.63 | TPFIX | Timothy Fixed Income | PairCorr |
| 0.62 | TFICX | Timothy Fixed Income | PairCorr |
| 0.45 | TPDIX | Timothy Plan Defensive | PairCorr |
| 0.45 | TPDAX | Timothy Plan Defensive | PairCorr |
| 0.44 | TPDCX | Timothy Plan Defensive | PairCorr |
| 0.31 | TPIIX | Timothy Plan Interna | PairCorr |
| 0.51 | SRINX | Columbia Porate Income | PairCorr |
| 0.5 | LIIAX | Columbia Porate Income | PairCorr |
Related Correlations Analysis
| 0.97 | 0.99 | 1.0 | 1.0 | 0.58 | 0.34 | DFREX | ||
| 0.97 | 0.96 | 0.98 | 0.97 | 0.41 | 0.27 | SEIRX | ||
| 0.99 | 0.96 | 0.99 | 0.99 | 0.6 | 0.28 | REPIX | ||
| 1.0 | 0.98 | 0.99 | 0.99 | 0.53 | 0.32 | SAREX | ||
| 1.0 | 0.97 | 0.99 | 0.99 | 0.56 | 0.33 | IARIX | ||
| 0.58 | 0.41 | 0.6 | 0.53 | 0.56 | 0.53 | FORFX | ||
| 0.34 | 0.27 | 0.28 | 0.32 | 0.33 | 0.53 | NRSCX | ||
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Risk-Adjusted Indicators
There is a big difference between Timothy Mutual Fund performing well and Timothy Large/mip-cap 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 Large/mip-cap'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DFREX | 0.90 | (0.01) | 0.00 | (0.08) | 0.00 | 1.65 | 4.48 | |||
| SEIRX | 0.94 | (0.04) | 0.00 | (0.12) | 0.00 | 1.69 | 4.42 | |||
| REPIX | 1.39 | 0.00 | 0.00 | (0.07) | 0.00 | 2.69 | 7.54 | |||
| SAREX | 0.92 | (0.02) | 0.00 | (0.10) | 0.00 | 1.64 | 4.54 | |||
| IARIX | 0.90 | (0.01) | 0.00 | (0.08) | 0.00 | 1.59 | 4.67 | |||
| FORFX | 0.05 | 0.02 | 0.00 | (5.40) | 0.00 | 0.11 | 0.32 | |||
| NRSCX | 0.18 | 0.00 | 0.24 | 0.08 | 0.22 | 0.31 | 1.00 |