Valic Company Correlations
VVSCX Fund | USD 11.23 0.05 0.44% |
The current 90-days correlation between Valic Company I and American Funds Inflation is 0.21 (i.e., Modest 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
Poor diversification
The correlation between Valic Company I and DJI is 0.66 (i.e., Poor 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.
Valic |
Moving together with Valic Mutual Fund
0.68 | VMIDX | Mid Cap Index | PairCorr |
0.72 | VMSGX | Mid Cap Strategic | PairCorr |
0.68 | VAPPX | Valic Company I | PairCorr |
0.64 | VSRDX | Valic Company I | PairCorr |
0.68 | VSTIX | Stock Index Fund | PairCorr |
0.98 | VSSVX | Small Cap Special | PairCorr |
0.85 | VBCVX | Broad Cap Value | PairCorr |
0.91 | VCAAX | Asset Allocation | PairCorr |
0.97 | VCBCX | Blue Chip Growth | PairCorr |
0.98 | VCGAX | Growth Income | PairCorr |
0.61 | VCIGX | Valic Company I | PairCorr |
0.95 | VCNIX | Nasdaq 100 Index | PairCorr |
0.93 | VCSTX | Science Technology | PairCorr |
0.99 | VCSLX | Small Cap Index | PairCorr |
0.68 | VCULX | Growth Fund Growth | PairCorr |
0.88 | VDAFX | Dynamic Allocation | PairCorr |
0.69 | VVMCX | Valic Company I | PairCorr |
0.95 | VVSGX | Valic Company I | PairCorr |
0.77 | VLAGX | Valic Company I | PairCorr |
0.94 | VLCGX | Large Capital Growth | PairCorr |
0.96 | VSIIX | Vanguard Small Cap | PairCorr |
0.96 | VISVX | Vanguard Small Cap | PairCorr |
0.97 | DFSVX | Us Small Cap | PairCorr |
0.97 | DFFVX | Us Targeted Value | PairCorr |
Moving against Valic Mutual Fund
0.59 | VCBDX | Valic Company I | PairCorr |
0.47 | VCIEX | International Equities | PairCorr |
0.45 | VCGSX | Government Securities | PairCorr |
0.43 | VCIFX | International Government | PairCorr |
0.38 | VCTPX | Inflation Protected | PairCorr |
0.42 | PFN | Pimco Income Strategy | PairCorr |
Related Correlations Analysis
1.0 | 0.97 | 0.98 | 0.98 | 0.92 | 1.0 | FLIBX | ||
1.0 | 0.97 | 0.98 | 0.97 | 0.92 | 1.0 | NWXNX | ||
0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | APISX | ||
0.98 | 0.98 | 0.97 | 1.0 | 0.93 | 0.98 | TIKPX | ||
0.98 | 0.97 | 0.97 | 1.0 | 0.93 | 0.97 | ANBIX | ||
0.92 | 0.92 | 0.97 | 0.93 | 0.93 | 0.92 | SLFYX | ||
1.0 | 1.0 | 0.97 | 0.98 | 0.97 | 0.92 | FODVX | ||
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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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
FLIBX | 0.22 | 0.03 | 0.31 | 0.57 | 0.17 | 0.44 | 1.43 | |||
NWXNX | 0.22 | 0.02 | 0.32 | 1.03 | 0.15 | 0.45 | 1.24 | |||
APISX | 0.11 | 0.02 | 0.59 | 3.22 | 0.00 | 0.19 | 0.67 | |||
TIKPX | 0.16 | 0.02 | 0.41 | (0.56) | 0.04 | 0.37 | 0.85 | |||
ANBIX | 0.16 | 0.02 | 0.39 | (0.68) | 0.06 | 0.38 | 0.98 | |||
SLFYX | 0.19 | 0.06 | 0.55 | 2.45 | 0.00 | 0.50 | 1.02 | |||
FODVX | 0.21 | 0.02 | 0.31 | 0.60 | 0.18 | 0.49 | 1.29 |