Emerging Markets Correlations

Mutual Funds . USA . 
Fund . Emerging Markets Fund
ACECX Fund  USD 13.92  0.03  0.22%   
The current 90-days correlation between Emerging Markets and Transamerica Intermediate Muni is 0.21 (i.e., Modest diversification). The correlation of Emerging Markets 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.

Emerging Markets Correlation With Market

Very weak diversification

The correlation between Emerging Markets Fund and DJI is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Emerging Markets Fund and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Emerging Markets Fund. 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 Emerging Mutual Fund

  0.69AMKIX Emerging MarketsPairCorr
  0.7AMVRX Mid Cap ValuePairCorr
  0.78TWGGX Global GrowthPairCorr
  0.76TWIEX International GrowthPairCorr
  0.61TWHIX Heritage Fund InvestorPairCorr
  0.69TWMIX Emerging MarketsPairCorr
  0.65TWRCX Growth Fund CPairCorr
  0.83TWSCX Strategic Allocation:PairCorr
  0.68TWUAX Ultra Fund APairCorr
  0.68TWUIX Ultra Fund IPairCorr
  0.86TWWOX Intermediate Term TaxPairCorr
  0.76ANORX Small Cap GrowthPairCorr
  0.68ANOHX American Century SmallPairCorr
  0.77ANODX Small Cap GrowthPairCorr
  0.68ANTMX Nt International SmallPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Emerging Mutual Fund performing well and Emerging Markets 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 Emerging Markets' 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
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY