Wcm Focused Correlations

WFGGX Fund

USD 26.73 0.08 0.30%

The current 90-days correlation between Wcm Focused Global and Wcm Focused International is 0.83 (i.e., Very poor diversification). The correlation of Wcm Focused 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.

Wcm Focused Correlation With Market

Good diversification

The correlation between Wcm Focused Global and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wcm Focused Global and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wcm Focused Global. 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 price.

Moving together with Wcm Mutual Fund

0.92	WCFEX	Investment Managers	Pair Corr
0.74	WCFOX	Wcm Focused International	Pair Corr
0.73	WCMOX	Wcm Focused International	Pair Corr
0.73	WCMNX	Wcm Small Cap	Pair Corr
0.73	WCMLX	Wcm Small Cap	Pair Corr
0.69	WCMJX	Wcm Focused Small	Pair Corr
0.92	WCMWX	Investment Managers	Pair Corr
0.76	WCMSX	Wcm International Small	Pair Corr
0.65	WCMAX	Wcm Mid Cap	Pair Corr
1.0	WCMGX	Wcm Focused Global	Pair Corr
0.69	WCMFX	Wcm Focused Small	Pair Corr
0.79	WCMEX	Wcm Focused Emerging	Pair Corr
0.65	WFEMX	Wcm Focused Emerging	Pair Corr
0.68	WMIDX	Wcm Mid Cap	Pair Corr
0.95	FNFPX	American Funds New	Pair Corr
0.95	FFPNX	American Funds New	Pair Corr
0.95	NPFCX	New Perspective	Pair Corr
0.95	ANWPX	New Perspective	Pair Corr
0.95	NPFFX	New Perspective	Pair Corr
0.95	CNPAX	New Perspective	Pair Corr
0.95	CNPEX	New Perspective	Pair Corr
0.95	CNPFX	New Perspective	Pair Corr
0.95	CNPCX	New Perspective	Pair Corr
0.95	RNPAX	New Perspective	Pair Corr
0.63	ERH	Allspring Utilities And	Pair Corr

Moving against Wcm Mutual Fund

0.44

COSRX

Columbia Overseas

Pair Corr

Related Correlations Analysis

	WCMRX	ARTRX	WFEMX	BGAFX	ARTYX
WCMRX		0.19	0.65	0.15	0.87	WCMRX
ARTRX	0.19		0.65	0.91	0.48	ARTRX
WFEMX	0.65	0.65		0.64	0.82	WFEMX
BGAFX	0.15	0.91	0.64		0.51	BGAFX
ARTYX	0.87	0.48	0.82	0.51		ARTYX
	WCMRX	ARTRX	WFEMX	BGAFX	ARTYX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Wcm Mutual Fund performing well and Wcm Focused 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 Wcm Focused'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
WCMRX	0.93	0.12	0.13	(1.58)	1.20	(1.01)	1.77	(1.63)	7.72
ARTRX	0.85	(0.04)	0.00	(0.11)	0.00	0.00	1.65	(2.84)	5.50
WFEMX	0.97	0.02	0.00	(0.04)	0.00	0.00	1.89	(2.25)	6.53
BGAFX	1.23	(0.06)	0.00	(0.12)	0.00	0.00	2.12	(3.17)	8.92
ARTYX	1.07	0.04	0.09	(0.59)	1.29	(1.15)	2.22	(1.78)	6.05

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