Strategic Allocation: Correlations
| TWSMX Fund | USD 6.44 0.04 0.62% |
The current 90-days correlation between Strategic Allocation: and Strategic Allocation Servative is 0.92 (i.e., Almost no diversification). The correlation of Strategic Allocation: 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.
Strategic Allocation: Correlation With Market
Good diversification
The correlation between Strategic Allocation Moderate and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Strategic Allocation Moderate and DJI in the same portfolio, assuming nothing else is changed.
Strategic |
Moving together with Strategic Mutual Fund
| 0.67 | AMDVX | Mid Cap Value | PairCorr |
| 0.77 | AMGIX | Income Growth | PairCorr |
| 0.64 | AMVYX | Mid Cap Value | PairCorr |
| 0.68 | AMVRX | Mid Cap Value | PairCorr |
| 0.71 | TWBIX | Balanced Fund Investor | PairCorr |
| 0.67 | AMVGX | Mid Cap Value | PairCorr |
| 0.87 | TWGGX | Global Growth | PairCorr |
| 0.72 | TWHIX | Heritage Fund Investor | PairCorr |
| 0.95 | TWSCX | Strategic Allocation: | PairCorr |
| 0.99 | TWSAX | Strategic Allocation: | PairCorr |
Related Correlations Analysis
| 0.94 | 0.5 | 0.54 | 0.53 | TWSCX | ||
| 0.94 | 0.42 | 0.45 | 0.76 | TWSAX | ||
| 0.5 | 0.42 | 0.83 | 0.1 | TWVLX | ||
| 0.54 | 0.45 | 0.83 | 0.06 | TWIEX | ||
| 0.53 | 0.76 | 0.1 | 0.06 | TWBIX | ||
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Risk-Adjusted Indicators
There is a big difference between Strategic Mutual Fund performing well and Strategic Allocation: 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 Strategic Allocation:'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TWSCX | 0.39 | (0.07) | 0.00 | 0.40 | 0.00 | 0.72 | 4.08 | |||
| TWSAX | 0.61 | (0.07) | 0.00 | 0.35 | 0.00 | 1.12 | 4.00 | |||
| TWVLX | 0.57 | 0.07 | 0.13 | (1.06) | 0.61 | 1.12 | 3.10 | |||
| TWIEX | 0.75 | 0.06 | 0.05 | 0.06 | 1.19 | 1.30 | 5.96 | |||
| TWBIX | 0.51 | (0.06) | 0.00 | 0.52 | 0.00 | 0.89 | 2.92 |