Becker Value Correlations

BVEIX Fund

USD 20.75 0.02 0.1%

The current 90-days correlation between Becker Value Equity and Villere Balanced Fund is -0.05 (i.e., Good diversification). The correlation of Becker Value 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.

Becker Value Correlation With Market

Significant diversification

The correlation between Becker Value Equity and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Becker Value Equity 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 Becker Value Equity. 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 gross domestic product.

Moving together with Becker Mutual Fund

1.0	BVEFX	Becker Value Equity	Pair Corr
0.86	VVIAX	Vanguard Value Index	Pair Corr
0.7	DODGX	Dodge Stock Fund	Pair Corr
0.65	VFIAX	Vanguard 500 Index	Pair Corr
0.65	VTSAX	Vanguard Total Stock	Pair Corr
0.65	VTSMX	Vanguard Total Stock	Pair Corr
0.64	VSTSX	Vanguard Total Stock	Pair Corr
0.67	VITSX	Vanguard Total Stock	Pair Corr
0.67	VSMPX	Vanguard Total Stock	Pair Corr
0.74	VTIAX	Vanguard Total Inter	Pair Corr
0.66	VFINX	Vanguard 500 Index	Pair Corr
0.63	VFFSX	Vanguard 500 Index	Pair Corr
0.75	TGWNX	Tcw Emerging Markets	Pair Corr
0.83	FAFSX	Fidelity Advisor Fin	Pair Corr
0.71	LGRUX	Lord Abbett Investment	Pair Corr
0.74	MXBGX	Great West Lifetime	Pair Corr
0.75	WISEX	Azzad Wise Capital	Pair Corr
0.85	BDJ	Blackrock Enhanced Equity	Pair Corr
0.67	CRF	Cornerstone Total Return	Pair Corr
0.68	RTDYX	Select Equity	Pair Corr
0.86	HDGFX	Hartford Dividend	Pair Corr
0.73	LEOOX	Lazard Enhanced Oppo	Pair Corr

Moving against Becker Mutual Fund

0.39	AMFCX	American Mutual	Pair Corr
0.34	AMRMX	American Mutual	Pair Corr
0.34	AMFFX	American Mutual	Pair Corr
0.42	RERAX	Europacific Growth	Pair Corr

Related Correlations Analysis

	VILLX	IEYAX	WMBLX	FNSTX	ICMBX	PFSMX	MICDX	CEE	RBCGX	MONTX
VILLX		0.21	0.21	-0.19	0.43	0.45	0.03	0.34	-0.19	0.4	VILLX
IEYAX	0.21		0.03	-0.18	0.72	0.17	-0.22	0.84	-0.64	0.25	IEYAX
WMBLX	0.21	0.03		0.49	-0.12	0.13	0.04	0.05	0.4	0.11	WMBLX
FNSTX	-0.19	-0.18	0.49		-0.5	0.02	0.22	-0.41	0.77	0.4	FNSTX
ICMBX	0.43	0.72	-0.12	-0.5		0.41	-0.14	0.86	-0.73	0.15	ICMBX
PFSMX	0.45	0.17	0.13	0.02	0.41		0.26	0.18	-0.02	0.43	PFSMX
MICDX	0.03	-0.22	0.04	0.22	-0.14	0.26		-0.29	0.39	0.26	MICDX
CEE	0.34	0.84	0.05	-0.41	0.86	0.18	-0.29		-0.75	0.2	CEE
RBCGX	-0.19	-0.64	0.4	0.77	-0.73	-0.02	0.39	-0.75		0.13	RBCGX
MONTX	0.4	0.25	0.11	0.4	0.15	0.43	0.26	0.2	0.13		MONTX
	VILLX	IEYAX	WMBLX	FNSTX	ICMBX	PFSMX	MICDX	CEE	RBCGX	MONTX

Please upgrade your account to get full access to Macroaxis premium features

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

CEE	+ 0.86	ICMBX
CEE	+ 0.84	IEYAX
RBCGX	+ 0.77	FNSTX
ICMBX	+ 0.72	IEYAX
FNSTX	+ 0.49	WMBLX
PFSMX	+ 0.45	VILLX

High negative correlations

RBCGX	- 0.75	CEE
RBCGX	- 0.73	ICMBX
RBCGX	- 0.64	IEYAX
ICMBX	- 0.5	FNSTX
CEE	- 0.41	FNSTX
CEE	- 0.29	MICDX

Risk-Adjusted Indicators

There is a big difference between Becker Mutual Fund performing well and Becker Value 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 Becker Value'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
VILLX	0.42	(0.05)	0.00	(0.02)	0.00	0.00	0.84	(0.74)	2.53
IEYAX	0.60	0.07	0.07	0.16	0.58	(0.66)	1.35	(1.27)	3.07
WMBLX	0.41	(0.09)	0.00	(0.07)	0.00	0.00	0.77	(0.58)	7.04
FNSTX	0.81	(0.05)	(0.04)	0.01	1.42	(0.74)	1.62	(2.04)	7.26
ICMBX	0.41	0.03	(0.06)	1.72	0.56	(0.43)	0.88	(0.80)	3.01
PFSMX	0.65	(0.13)	0.00	(0.46)	0.00	0.00	0.89	(1.19)	2.85
MICDX	0.75	(0.03)	0.00	(0.05)	0.00	0.00	1.65	(1.21)	6.50
CEE	1.13	0.21	0.15	0.32	1.00	(1.33)	3.17	(1.85)	5.80
RBCGX	1.00	(0.26)	0.00	(0.58)	0.00	0.00	1.53	(2.18)	16.48
MONTX	0.89	(0.06)	(0.03)	0.03	1.34	(0.84)	1.55	(2.75)	5.42

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