Valic Company Correlations

Mutual Funds . USA . 
Fund . Valic Company I
VCBDX Fund  USD 9.69  0.01  0.10%   
The current 90-days correlation between Valic Company I and Fidelity Advisor Diversified is 0.09 (i.e., Significant diversification). The correlation of Valic Company 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.

Valic Company Correlation With Market

Average diversification

The correlation between Valic Company I and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Valic Company I 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 Valic Company I. 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 unemployment.

Moving together with Valic Mutual Fund

  0.83VCGSX Government SecuritiesPairCorr
  0.7VCFVX Foreign ValuePairCorr
  0.88VCIEX International EquitiesPairCorr
  0.81VCIFX International GovernmentPairCorr
  0.8VCTPX Inflation ProtectedPairCorr
  0.75VCSOX Global Social AwarenessPairCorr
  0.61VGCLX Valic Company IPairCorr
  0.67VHYLX Valic Company IPairCorr
  0.67VIOPX Valic Company IPairCorr
  0.95MWTNX Metropolitan West TotalPairCorr
  0.99MWTSX Metropolitan West TotalPairCorr
  0.99PTTPX Pimco Total ReturnPairCorr
  0.99PTRRX Total ReturnPairCorr

Moving against Valic Mutual Fund

  0.67VCBCX Blue Chip GrowthPairCorr
  0.66VCSLX Small Cap IndexPairCorr
  0.61VSSVX Small Cap SpecialPairCorr
  0.59VCNIX Nasdaq 100 IndexPairCorr
  0.58VAPPX Valic Company IPairCorr
  0.54VMIDX Mid Cap IndexPairCorr
  0.52VCGAX Growth IncomePairCorr
  0.51VCULX Growth Fund GrowthPairCorr
  0.51VVMCX Valic Company IPairCorr
  0.45VCAAX Asset AllocationPairCorr
  0.44VCSTX Science TechnologyPairCorr
  0.38VMSGX Mid Cap StrategicPairCorr
  0.37VSRDX Valic Company IPairCorr
  0.37VSTIX Stock Index FundPairCorr
  0.59VVSCX Valic Company IPairCorr
  0.58VVSGX Valic Company IPairCorr
  0.56VLCGX Large Capital GrowthPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Valic Mutual Fund performing well and Valic Company 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 Valic Company'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY