Vaughan Nelson Correlations

VNSYX Fund

USD 21.39 0.40 1.91%

The current 90-days correlation between Vaughan Nelson Select and Fsultx is -0.04 (i.e., Good diversification). The correlation of Vaughan Nelson 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.

Vaughan Nelson Correlation With Market

Poor diversification

The correlation between Vaughan Nelson Select and DJI is 0.65 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vaughan Nelson Select 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 Vaughan Nelson Select. 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 manufacturing.

Moving together with Vaughan Mutual Fund

0.83	AMFAX	Asg Managed Futures	Pair Corr
0.83	AMFNX	Asg Managed Futures	Pair Corr
0.7	NOANX	Natixis Oakmark	Pair Corr
0.92	GCPAX	Gateway Equity Call	Pair Corr
0.92	GCPCX	Gateway Equity Call	Pair Corr
0.92	GCPNX	Gateway Equity Call	Pair Corr
0.92	GCPYX	Gateway Equity Call	Pair Corr
0.79	LGMAX	Loomis Sayles Global	Pair Corr
0.79	LGMCX	Loomis Sayles Global	Pair Corr
0.79	LGMNX	Loomis Sayles Global	Pair Corr
0.91	LGRCX	Loomis Sayles Growth	Pair Corr
0.93	LGRNX	Loomis Sayles Growth	Pair Corr
0.92	LGRRX	Loomis Sayles Growth	Pair Corr
1.0	VNSCX	Vaughan Nelson Select	Pair Corr
1.0	VNSAX	Vaughan Nelson Select	Pair Corr
1.0	VNSNX	Vaughan Nelson Select	Pair Corr
0.74	VNVCX	Vaughan Nelson Value	Pair Corr
0.78	VNVAX	Vaughan Nelson Value	Pair Corr
0.78	VNVNX	Vaughan Nelson Value	Pair Corr
0.78	VNVYX	Vaughan Nelson Value	Pair Corr
0.67	NSFLX	Natixis Sustainable	Pair Corr
0.68	NSFKX	Natixis Sustainable	Pair Corr
0.66	NSFJX	Natixis Sustainable	Pair Corr

Moving against Vaughan Mutual Fund

0.71	LGANX	Loomis Sayles Limited	Pair Corr
0.59	LGBNX	Loomis Sayles Investment	Pair Corr
0.58	LGBCX	Loomis Sayles Investment	Pair Corr
0.56	NOIAX	Natixis Oakmark Inte	Pair Corr
0.56	NOICX	Natixis Oakmark Inte	Pair Corr
0.56	NOIYX	Natixis Oakmark Intl	Pair Corr
0.58	LIGAX	Loomis Sayles Investment	Pair Corr
0.57	LIGRX	Loomis Sayles Investment	Pair Corr

Related Correlations Analysis

	FSULTX	FLAKQX	CPUCX	FFCDAX	FBJYGX	ABVCX	FVKVWX
FSULTX		0.21	0.88	0.35	0.73	-0.07	-0.17	FSULTX
FLAKQX	0.21		0.31	0.68	0.21	0.75	0.37	FLAKQX
CPUCX	0.88	0.31		0.35	0.7	0.17	-0.05	CPUCX
FFCDAX	0.35	0.68	0.35		0.08	0.5	-0.03	FFCDAX
FBJYGX	0.73	0.21	0.7	0.08		-0.08	0.06	FBJYGX
ABVCX	-0.07	0.75	0.17	0.5	-0.08		0.52	ABVCX
FVKVWX	-0.17	0.37	-0.05	-0.03	0.06	0.52		FVKVWX
	FSULTX	FLAKQX	CPUCX	FFCDAX	FBJYGX	ABVCX	FVKVWX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

CPUCX	+ 0.88	FSULTX
ABVCX	+ 0.75	FLAKQX
FBJYGX	+ 0.73	FSULTX
FBJYGX	+ 0.7	CPUCX
FFCDAX	+ 0.68	FLAKQX
FVKVWX	+ 0.52	ABVCX

High negative correlations

FVKVWX	- 0.17	FSULTX
ABVCX	- 0.08	FBJYGX
ABVCX	- 0.07	FSULTX
FVKVWX	- 0.05	CPUCX
FVKVWX	- 0.03	FFCDAX

Risk-Adjusted Indicators

There is a big difference between Vaughan Mutual Fund performing well and Vaughan Nelson 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 Vaughan Nelson'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
FSULTX	0.28	0.01	0.11	0.50	0.35	(0.30)	0.61	(0.51)	1.75
FLAKQX	0.83	0.00	0.03	(0.06)	1.12	(0.93)	1.75	(2.40)	4.80
CPUCX	0.26	0.00	0.12	0.01	0.26	(0.31)	0.44	(0.54)	1.45
FFCDAX	0.12	(0.01)	0.00	0.93	0.00	0.00	0.21	(0.41)	1.14
FBJYGX	0.71	0.13	0.18	(0.73)	0.79	(0.73)	1.84	(1.37)	5.64
ABVCX	0.68	0.01	0.00	(0.02)	0.00	0.00	1.38	(1.63)	3.68
FVKVWX	0.74	0.11	0.11	0.19	1.03	(0.75)	1.50	(1.67)	4.47

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