Global Social Correlations

VCSOX Fund

USD 25.48 0.05 0.20%

The current 90-days correlation between Global Social Awareness and Diversified Bond Fund is 0.27 (i.e., Modest diversification). The correlation of Global Social 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.

Global Social Correlation With Market

Very weak diversification

The correlation between Global Social Awareness 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 Global Social Awareness 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 Global Social Awareness. 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 persons.

Moving together with Global Mutual Fund

0.89	VCBDX	Valic Company I	Pair Corr
0.88	VCGEX	Emerging Economies	Pair Corr
0.88	VCGSX	Government Securities	Pair Corr
0.92	VCFVX	Foreign Value	Pair Corr
1.0	VCIEX	International Equities	Pair Corr
0.89	VCIFX	International Government	Pair Corr
0.82	VCINX	International Growth	Pair Corr
0.93	VCTPX	Inflation Protected	Pair Corr
0.77	VGCLX	Valic Company I	Pair Corr
0.63	VGLSX	Global Strategy	Pair Corr
0.65	VGREX	Global Real Estate	Pair Corr
0.81	VHYLX	Valic Company I	Pair Corr
0.97	VIOPX	Valic Company I	Pair Corr
0.99	VGTSX	Vanguard Total Inter	Pair Corr
0.99	VTIAX	Vanguard Total Inter	Pair Corr
0.95	VTSNX	Vanguard Total Inter	Pair Corr
0.99	VTPSX	Vanguard Total Inter	Pair Corr

Moving against Global Mutual Fund

0.54	VSSVX	Small Cap Special	Pair Corr
0.54	VCBCX	Blue Chip Growth	Pair Corr
0.52	VCSLX	Small Cap Index	Pair Corr
0.51	VAPPX	Valic Company I	Pair Corr
0.5	VMIDX	Mid Cap Index	Pair Corr
0.5	VCULX	Growth Fund Growth	Pair Corr
0.48	VCNIX	Nasdaq 100 Index	Pair Corr
0.44	VVMCX	Valic Company I	Pair Corr
0.41	VSRDX	Valic Company I	Pair Corr
0.37	VVSGX	Valic Company I	Pair Corr
0.36	VCAAX	Asset Allocation	Pair Corr
0.36	VCGAX	Growth Income	Pair Corr
0.32	VCSTX	Science Technology	Pair Corr
0.88	TCTGX	Transamerica Cleartrack	Pair Corr
0.87	TDKTX	Cleartrack 2015 Class	Pair Corr
0.87	TCTJX	Transamerica Cleartrack	Pair Corr
0.87	TCSUX	Cleartrack 2020 Class	Pair Corr
0.47	VVSCX	Valic Company I	Pair Corr
0.47	VLCGX	Large Capital Growth	Pair Corr

Related Correlations Analysis

	ACBPX	FZABX	CDBCX	DIFIX	ACDOX	XWDIX	MDBLX	DDFIX
ACBPX		0.82	1.0	0.96	0.96	0.63	0.99	0.2	ACBPX
FZABX	0.82		0.79	0.9	0.81	0.46	0.82	0.51	FZABX
CDBCX	1.0	0.79		0.95	0.96	0.66	0.99	0.16	CDBCX
DIFIX	0.96	0.9	0.95		0.92	0.63	0.95	0.42	DIFIX
ACDOX	0.96	0.81	0.96	0.92		0.67	0.96	0.11	ACDOX
XWDIX	0.63	0.46	0.66	0.63	0.67		0.64	0.15	XWDIX
MDBLX	0.99	0.82	0.99	0.95	0.96	0.64		0.16	MDBLX
DDFIX	0.2	0.51	0.16	0.42	0.11	0.15	0.16		DDFIX
	ACBPX	FZABX	CDBCX	DIFIX	ACDOX	XWDIX	MDBLX	DDFIX

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Risk-Adjusted Indicators

There is a big difference between Global Mutual Fund performing well and Global Social 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 Global Social'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
ACBPX	0.25	0.01	0.15	0.29	0.23	(0.30)	0.56	(0.44)	1.23
FZABX	0.74	0.09	0.10	0.11	1.00	(0.72)	1.45	(1.37)	6.16
CDBCX	0.24	0.00	0.12	0.16	0.24	(0.30)	0.56	(0.44)	1.34
DIFIX	0.28	0.01	0.10	0.03	0.35	(0.33)	0.58	(0.57)	1.51
ACDOX	0.24	0.01	0.17	(0.19)	0.21	(0.30)	0.55	(0.43)	1.46
XWDIX	0.20	(0.03)	0.00	0.64	0.00	0.00	0.33	(0.46)	1.59
MDBLX	0.23	0.02	0.18	0.28	0.18	(0.30)	0.50	(0.38)	1.38
DDFIX	0.66	0.02	0.03	(0.01)	0.89	(0.68)	1.19	(1.23)	3.44

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