Value Fund Correlations

Mutual Funds . USA . 
Fund . Value Fund R5
AVUGX Fund  USD 8.36  0.03  0.36%   
The current 90-days correlation between Value Fund R5 and Intermediate Term Tax Free Bond is -0.01 (i.e., Good diversification). The correlation of Value Fund 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.

Value Fund Correlation With Market

Weak diversification

The correlation between Value Fund R5 and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Value Fund R5 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 Value Fund R5. 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 census.

Moving together with Value Mutual Fund

  0.84AMDVX Mid Cap ValuePairCorr
  0.99AMEIX Equity GrowthPairCorr
  1.0AMGIX Income GrowthPairCorr
  0.7AMKIX Emerging MarketsPairCorr
  0.85TWACX Short Term GovernmentPairCorr
  1.0TWADX Value Fund APairCorr
  0.96TWCCX Ultra Fund CPairCorr
  0.96TWCAX Select Fund APairCorr
  0.95TWCIX Select Fund InvestorPairCorr
  0.96TWCGX Growth Fund InvestorPairCorr
  0.85TWARX Short Term GovernmentPairCorr
  0.85TWAVX Short Term GovernmentPairCorr
  0.99AMVYX Mid Cap ValuePairCorr
  0.99AMVRX Mid Cap ValuePairCorr
  0.99AMVGX Mid Cap ValuePairCorr
  1.0TWEAX Equity IncomePairCorr
  1.0TWEIX Equity IncomePairCorr
  0.89TWGAX International GrowthPairCorr
  0.96TWGIX Growth Fund IPairCorr
  0.97TWGGX Global GrowthPairCorr
  0.67TWIEX International GrowthPairCorr
  0.97TWHIX Heritage Fund InvestorPairCorr
  0.7TWMIX Emerging MarketsPairCorr
  0.97TWRCX Growth Fund CPairCorr
  0.76TWTCX Intermediate Term TaxPairCorr
  0.8TWTIX Intermediate Term TaxPairCorr
  0.93TWSCX Strategic Allocation:PairCorr
  0.93TWSAX Strategic Allocation:PairCorr
  0.93TWSMX Strategic Allocation:PairCorr
  0.95TWSIX Select Fund IPairCorr
  0.84TWUSX Short Term GovernmentPairCorr
  1.0TWVLX Value Fund InvestorPairCorr
  0.95TWUAX Ultra Fund APairCorr
  0.94TWUIX Ultra Fund IPairCorr
  0.85TWUOX Short Term GovernmentPairCorr
  0.81TWWOX Intermediate Term TaxPairCorr
  0.87NPHIX High Income FundPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

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