Timothy Plan Correlations

TSVCX Fund

USD 10.10 0.22 2.23%

The current 90-days correlation between Timothy Plan Small and Timothy Largemid Cap Value is 0.9 (i.e., Almost no 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 Small and DJI is 0.53 (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 Small 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 Small. 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

0.95	TLGCX	Timothy Large/mip-cap	Pair Corr
0.91	TLGAX	Timothy Plan Large	Pair Corr
0.9	TLVCX	Timothy Largemid Cap	Pair Corr
0.9	TLVAX	Timothy Large/mid-cap	Pair Corr
0.9	TMVIX	Timothy Large/mid-cap	Pair Corr
0.99	TPLNX	Timothy Small Cap	Pair Corr
0.88	TAAGX	Timothy Aggressive Growth	Pair Corr
0.91	TCAGX	Timothy Aggressive Growth	Pair Corr
0.86	VSMAX	Vanguard Small Cap	Pair Corr
0.86	VSCIX	Vanguard Small Cap	Pair Corr
0.86	VSCPX	Vanguard Small Cap	Pair Corr
0.86	NAESX	Vanguard Small Cap	Pair Corr
0.89	FSSNX	Fidelity Small Cap	Pair Corr
0.88	DFSTX	Us Small Cap	Pair Corr
0.96	PASVX	T Rowe Price	Pair Corr
0.96	PRVIX	T Rowe Price	Pair Corr
0.96	TRZVX	T Rowe Price	Pair Corr
0.96	PRSVX	T Rowe Price	Pair Corr

Moving against Timothy Mutual Fund

0.61	BBBMX	Bbh Limited Duration	Pair Corr
0.55	WSHNX	Short Duration Income	Pair Corr
0.55	RSBYX	Short Duration Bond	Pair Corr
0.31	CLMCX	Columbia Mortgage	Pair Corr
0.31	JIGFX	Janus Overseas	Pair Corr
0.81	GRZZX	Grizzly Short	Pair Corr
0.67	QDARX	Aqr Diversified Arbitrage	Pair Corr
0.55	MSTDX	Massmutual Premier	Pair Corr
0.55	RAMFX	Short Term Bond	Pair Corr
0.53	CDSRX	Calvert Short Duration	Pair Corr
0.49	VSCWX	Voya Securitized Credit	Pair Corr
0.48	TRIGX	T Rowe Price	Pair Corr
0.47	CRDTX	Griffin Inst Access	Pair Corr
0.46	HSDFX	Hartford Short	Pair Corr

Related Correlations Analysis

	TLVCX	TPLNX	TLGCX	TCAGX	TLGAX
TLVCX		0.84	0.86	0.73	0.79	TLVCX
TPLNX	0.84		0.95	0.92	0.93	TPLNX
TLGCX	0.86	0.95		0.94	0.99	TLGCX
TCAGX	0.73	0.92	0.94		0.94	TCAGX
TLGAX	0.79	0.93	0.99	0.94		TLGAX
	TLVCX	TPLNX	TLGCX	TCAGX	TLGAX

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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
TLVCX	0.86	(0.18)	(0.34)	1.24	(1.42)	11.54
TPLNX	0.89	(0.19)	(0.33)	1.20	(2.09)	4.78
TLGCX	1.14	(0.20)	(0.31)	1.55	(3.13)	7.83
TCAGX	1.48	(0.36)	(0.43)	2.02	(4.18)	9.35
TLGAX	1.09	(0.15)	(0.27)	1.60	(3.20)	5.29

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