Timothy Strategic Correlations

TSGCX Fund

USD 8.31 0.32 3.71%

The current 90-days correlation between Timothy Strategic Growth and Timothy Plan Growth is 0.58 (i.e., Very weak diversification). The correlation of Timothy Strategic 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 Strategic Correlation With Market

Poor diversification

The correlation between Timothy Strategic Growth and DJI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Timothy Strategic Growth 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 Strategic Growth. 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 main economic indicators.

Moving together with Timothy Mutual Fund

0.83	TGCIX	Timothy Plan Growth	Pair Corr
0.84	TGIAX	Timothy Plan Growth	Pair Corr
0.68	TIAGX	Timothy Aggressive Growth	Pair Corr
0.94	TIICX	Timothy Plan Conservative	Pair Corr
0.84	TIGIX	Timothy Plan Growth	Pair Corr
1.0	TISGX	Timothy Plan Strategic	Pair Corr
0.73	TPHCX	Timothy Plan High	Pair Corr
0.79	TPHAX	Timothy Plan High	Pair Corr
0.78	TPHIX	Timothy Plan High	Pair Corr
0.73	TPLNX	Timothy Small Cap	Pair Corr
0.73	TPVIX	Timothy Small Cap	Pair Corr
0.68	TAAGX	Timothy Aggressive Growth	Pair Corr
1.0	TSGAX	Timothy Strategic Growth	Pair Corr
0.73	TSVCX	Timothy Plan Small	Pair Corr
0.69	TCAGX	Timothy Aggressive Growth	Pair Corr
0.94	TCGAX	Timothy Servative Growth	Pair Corr
0.92	TCVCX	Timothy Servative Growth	Pair Corr
0.67	ABALX	American Balanced	Pair Corr

Related Correlations Analysis

	TGCIX	TGIAX	TIAGX	TICIX	TIICX	TIGIX	TISGX	TLGAX	TLVCX	TLVAX
TGCIX		1.0	0.6	0.24	0.79	0.99	0.81	0.46	0.38	0.43	TGCIX
TGIAX	1.0		0.64	0.28	0.79	1.0	0.83	0.51	0.39	0.45	TGIAX
TIAGX	0.6	0.64		0.76	0.47	0.67	0.71	0.97	0.39	0.45	TIAGX
TICIX	0.24	0.28	0.76		0.1	0.31	0.39	0.77	-0.08	-0.16	TICIX
TIICX	0.79	0.79	0.47	0.1		0.78	0.93	0.36	0.64	0.52	TIICX
TIGIX	0.99	1.0	0.67	0.31	0.78		0.83	0.54	0.4	0.45	TIGIX
TISGX	0.81	0.83	0.71	0.39	0.93	0.83		0.63	0.6	0.5	TISGX
TLGAX	0.46	0.51	0.97	0.77	0.36	0.54	0.63		0.39	0.44	TLGAX
TLVCX	0.38	0.39	0.39	-0.08	0.64	0.4	0.6	0.39		0.78	TLVCX
TLVAX	0.43	0.45	0.45	-0.16	0.52	0.45	0.5	0.44	0.78		TLVAX
	TGCIX	TGIAX	TIAGX	TICIX	TIICX	TIGIX	TISGX	TLGAX	TLVCX	TLVAX

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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

TGIAX	+ 1.0	TGCIX
TIGIX	+ 1.0	TGIAX
TIGIX	+ 0.99	TGCIX
TLGAX	+ 0.97	TIAGX
TISGX	+ 0.93	TIICX
TISGX	+ 0.83	TGIAX

High negative correlations

TLVAX	- 0.16	TICIX
TLVCX	- 0.08	TICIX

Risk-Adjusted Indicators

There is a big difference between Timothy Mutual Fund performing well and Timothy Strategic 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 Strategic'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
TGCIX	0.29	(0.04)	(0.31)	(0.02)	0.32	(0.35)	0.57	(0.57)	1.83
TGIAX	0.30	(0.05)	(0.30)	(0.03)	0.33	(0.37)	0.55	(0.64)	1.75
TIAGX	0.84	(0.08)	(0.05)	0.02	1.47	(0.78)	1.79	(1.63)	8.45
TICIX	0.84	0.21	0.17	0.46	0.77	(1.01)	2.38	(1.50)	4.96
TIICX	0.32	(0.08)	0.00	(0.11)	0.00	0.00	0.56	(0.56)	1.32
TIGIX	0.30	(0.04)	(0.31)	(0.02)	0.32	(0.37)	0.55	(0.63)	1.83
TISGX	0.40	(0.08)	0.00	(0.04)	0.00	0.00	0.89	(0.69)	1.98
TLGAX	0.74	(0.07)	(0.06)	0.03	1.29	(0.69)	1.38	(1.60)	7.82
TLVCX	0.70	(0.20)	0.00	(0.43)	0.00	0.00	1.09	(1.20)	3.41
TLVAX	0.64	(0.21)	0.00	(0.15)	0.00	0.00	1.10	(1.23)	10.64

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