Cullen High Correlations
| CHDEX Fund | USD 13.20 0.07 0.53% |
The current 90-days correlation between Cullen High Dividend and The Value Fund is 0.14 (i.e., Average diversification). The correlation of Cullen High 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.
Cullen High Correlation With Market
Weak diversification
The correlation between Cullen High Dividend and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cullen High Dividend and DJI in the same portfolio, assuming nothing else is changed.
Cullen |
Moving together with Cullen Mutual Fund
| 0.83 | CUSIX | Cullen Small Cap | PairCorr |
| 0.82 | CUSCX | Cullen Small Cap | PairCorr |
| 0.83 | CUSRX | Cullen Small Cap | PairCorr |
| 0.92 | CVLVX | Cullen Value | PairCorr |
| 0.92 | CVLFX | Cullen Value | PairCorr |
| 0.92 | CVLEX | Cullen Value | PairCorr |
| 0.96 | ENHRX | Cullen Enhanced Equity | PairCorr |
| 0.96 | ENHNX | Cullen Enhanced Equity | PairCorr |
| 0.96 | ENHCX | Cullen Enhanced Equity | PairCorr |
| 1.0 | CHDVX | Cullen High Dividend | PairCorr |
| 1.0 | CHVCX | Cullen High Dividend | PairCorr |
| 0.77 | CIHIX | Cullen International High | PairCorr |
| 0.78 | CIHCX | Cullen International High | PairCorr |
| 0.77 | CIHDX | Cullen International High | PairCorr |
| 0.89 | VVIAX | Vanguard Value Index | PairCorr |
| 0.89 | DOXGX | Dodge Cox Stock | PairCorr |
| 0.9 | AFMFX | American Mutual | PairCorr |
| 0.9 | FFMMX | American Funds American | PairCorr |
| 0.9 | FFFMX | American Funds American | PairCorr |
| 0.9 | AMRMX | American Mutual | PairCorr |
| 0.9 | AMFFX | American Mutual | PairCorr |
| 0.9 | AMFCX | American Mutual | PairCorr |
| 0.93 | DODGX | Dodge Stock Fund | PairCorr |
| 0.9 | VIVAX | Vanguard Value Index | PairCorr |
| 0.74 | PCCFX | Prudential Income Builder | PairCorr |
| 0.69 | NCLEX | Nicholas Edition | PairCorr |
Moving against Cullen Mutual Fund
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Cullen Mutual Fund performing well and Cullen High 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 Cullen High'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CFVLX | 0.66 | (0.08) | 0.00 | (0.58) | 0.00 | 1.14 | 7.88 | |||
| GLFOX | 0.46 | (0.02) | (0.13) | (0.01) | 0.50 | 0.98 | 2.10 | |||
| LISOX | 0.71 | (0.17) | 0.00 | (0.46) | 0.00 | 1.10 | 11.79 | |||
| TGIGX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ARDEX | 1.38 | (0.70) | 0.00 | (0.64) | 0.00 | 1.27 | 44.65 |