Short Duration Correlations

Mutual Funds . USA . 
Fund . Short Duration Inflation
APISX Fund  USD 10.48  0.01  0.1%   
The current 90-days correlation between Short Duration Inflation and Lincoln Inflation Plus is 0.14 (i.e., Average diversification). The correlation of Short Duration 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.

Short Duration Correlation With Market

Average diversification

The correlation between Short Duration Inflation and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Short Duration Inflation 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 Short Duration Inflation. 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 real.

Moving together with Short Mutual Fund

  0.94AMDVX Mid Cap ValuePairCorr
  0.79AMEIX Equity GrowthPairCorr
  0.61AMGIX Income GrowthPairCorr
  0.78TWADX Value Fund APairCorr
  0.94TWCCX Ultra Fund CPairCorr
  0.86TWCAX Select Fund APairCorr
  0.84TWCIX Select Fund InvestorPairCorr
  0.94TWCGX Growth Fund InvestorPairCorr
  0.94AMVYX Mid Cap ValuePairCorr
  0.94AMVRX Mid Cap ValuePairCorr
  0.94AMVGX Mid Cap ValuePairCorr
  0.9TWEAX Equity IncomePairCorr
  0.89TWEIX Equity IncomePairCorr
  0.93TWGIX Growth Fund IPairCorr
  0.9TWGGX Global GrowthPairCorr
  0.96TWHIX Heritage Fund InvestorPairCorr
  0.96TWRCX Growth Fund CPairCorr
  0.83TWSIX Select Fund IPairCorr
  0.78TWVLX Value Fund InvestorPairCorr
  0.89TWUAX Ultra Fund APairCorr
  0.86TWUIX Ultra Fund IPairCorr

Moving against Short Mutual Fund

  0.43TWAVX Short Term GovernmentPairCorr
  0.42TWACX Short Term GovernmentPairCorr
  0.42TWARX Short Term GovernmentPairCorr
  0.42TWUSX Short Term GovernmentPairCorr
  0.47NPHIX High Income FundPairCorr
  0.44TWUOX Short Term GovernmentPairCorr
  0.37ANONX Small Cap GrowthPairCorr

Related Correlations Analysis


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

IBRSX
+ 0.96
FIPRX
MXIHX
+ 0.88
ABNYX
FIPRX
+ 0.85
ABNYX
FIPRX
+ 0.85
MXIHX
IBRSX
+ 0.78
ABNYX
IBRSX
+ 0.75
MXIHX
  

High negative correlations

IBRSX
- 0.08
LFTAX

Risk-Adjusted Indicators

There is a big difference between Short Mutual Fund performing well and Short Duration 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 Short Duration'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.

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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY