EA Series Correlations

CCMG Etf

28.84 0.02 0.07%

The current 90-days correlation between EA Series Trust and WisdomTree Interest Rate is 0.07 (i.e., Significant diversification). The correlation of EA Series 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.

EA Series Correlation With Market

Significant diversification

The correlation between EA Series Trust and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EA Series Trust 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 EA Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving together with CCMG Etf

0.77	VT	Vanguard Total World	Pair Corr
0.68	ACWI	iShares MSCI ACWI	Pair Corr
0.78	ACWV	iShares MSCI Global	Pair Corr
0.67	IOO	iShares Global 100	Pair Corr
0.61	URTH	iShares MSCI World	Pair Corr
0.62	CRBN	iShares MSCI ACWI	Pair Corr
0.65	GLOV	Goldman Sachs ActiveBeta	Pair Corr
0.71	SPGM	SPDR Portfolio MSCI	Pair Corr
0.63	EMC	Global X Funds	Pair Corr
0.65	INTL	Main International ETF	Pair Corr
0.78	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.7	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.68	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.65	HD	Home Depot	Pair Corr
0.65	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	AGZD	FDTS	CIL	AQUI	LBHIX	MSTSX	ABHYX	SCAXF	VIASP	RRTLX
AGZD		-0.44	-0.52	0.0	0.72	0.54	0.06	-0.61	0.62	0.51	AGZD
FDTS	-0.44		0.94	0.0	0.01	0.17	0.46	0.55	-0.62	0.25	FDTS
CIL	-0.52	0.94		0.0	-0.11	0.17	0.34	0.68	-0.74	0.17	CIL
AQUI	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	AQUI
LBHIX	0.72	0.01	-0.11	0.0		0.68	0.56	-0.35	0.29	0.75	LBHIX
MSTSX	0.54	0.17	0.17	0.0	0.68		0.27	-0.04	-0.05	0.86	MSTSX
ABHYX	0.06	0.46	0.34	0.0	0.56	0.27		-0.1	-0.12	0.42	ABHYX
SCAXF	-0.61	0.55	0.68	0.0	-0.35	-0.04	-0.1		-0.82	-0.18	SCAXF
VIASP	0.62	-0.62	-0.74	0.0	0.29	-0.05	-0.12	-0.82		0.11	VIASP
RRTLX	0.51	0.25	0.17	0.0	0.75	0.86	0.42	-0.18	0.11		RRTLX
	AGZD	FDTS	CIL	AQUI	LBHIX	MSTSX	ABHYX	SCAXF	VIASP	RRTLX

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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

CIL	+ 0.94	FDTS
RRTLX	+ 0.86	MSTSX
RRTLX	+ 0.75	LBHIX
LBHIX	+ 0.72	AGZD
SCAXF	+ 0.68	CIL
MSTSX	+ 0.68	LBHIX

High negative correlations

VIASP	- 0.82	SCAXF
VIASP	- 0.74	CIL
VIASP	- 0.62	FDTS
SCAXF	- 0.61	AGZD
CIL	- 0.52	AGZD
FDTS	- 0.44	AGZD

EA Series Constituents Risk-Adjusted Indicators

There is a big difference between CCMG Etf performing well and EA Series ETF 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 EA Series' 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
AGZD	0.22	0.01	(0.43)	0.27	0.15	(0.31)	0.55	(0.50)	1.22
FDTS	0.79	(0.10)	0.00	(0.07)	0.00	0.00	1.91	(2.06)	5.17
CIL	0.59	(0.08)	0.00	(0.10)	0.00	0.00	1.26	(1.46)	3.41
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LBHIX	0.12	0.02	(0.44)	1.66	0.00	(0.28)	0.24	(0.24)	0.96
MSTSX	0.49	0.04	(0.14)	(0.75)	0.52	(0.61)	1.21	(1.02)	2.80
ABHYX	0.18	0.01	(0.25)	0.25	0.25	(0.24)	0.34	(0.33)	1.91
SCAXF	0.70	(0.41)	0.00	(0.97)	0.00	0.00	0.00	0.00	23.47
VIASP	0.75	0.08	(0.04)	(1.44)	1.13	(0.82)	2.28	(1.20)	7.18
RRTLX	0.23	0.01	(0.33)	0.38	0.25	(0.25)	0.48	(0.56)	1.36

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