Cullen International Correlations

CIHCX Fund

USD 10.88 0.04 0.37%

The current 90-days correlation between Cullen International High and Cullen Small Cap is 0.38 (i.e., Weak diversification). The correlation of Cullen International 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 International Correlation With Market

Weak diversification

The correlation between Cullen International High and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cullen International High 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 Cullen International High. 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 main economic indicators.

Moving together with Cullen Mutual Fund

0.83	CIHPX	Cullen International High	Pair Corr
1.0	CIHIX	Cullen International High	Pair Corr
1.0	CIHDX	Cullen International High	Pair Corr
0.83	OANIX	Oakmark International	Pair Corr
0.83	OAKIX	Oakmark International	Pair Corr
0.83	OAYIX	Oakmark International	Pair Corr
0.83	OAZIX	Oakmark International	Pair Corr
0.93	FINVX	Fidelity Series Inte	Pair Corr
0.78	VTRIX	Vanguard International	Pair Corr
0.95	RRIGX	T Rowe Price	Pair Corr

Moving against Cullen Mutual Fund

0.49	CVLVX	Cullen Value	Pair Corr
0.49	CVLEX	Cullen Value	Pair Corr
0.47	CVLFX	Cullen Value	Pair Corr
0.37	CUSIX	Cullen Small Cap	Pair Corr
0.37	CUSRX	Cullen Small Cap	Pair Corr
0.35	CUSCX	Cullen Small Cap	Pair Corr
0.35	ENHNX	Cullen Enhanced Equity	Pair Corr
0.33	ENHRX	Cullen Enhanced Equity	Pair Corr
0.82	FTCAX	Templeton Strained Bond	Pair Corr
0.72	PYARX	Payden Absolute Return	Pair Corr
0.7	PYAIX	Payden Absolute Return	Pair Corr
0.69	GRSPX	Greenspring Fund Retail	Pair Corr
0.68	VIGAX	Vanguard Growth Index	Pair Corr
0.68	LTFOX	Lord Abbett Affiliated	Pair Corr
0.66	RQECX	Resq Dynamic Allocation	Pair Corr
0.65	RCILX	Alternative Credit Income	Pair Corr

Related Correlations Analysis

	CUSIX	CUSRX	CVLVX	CVLFX	CVLEX	CEMFX	CEMDX	ENHRX	ENHCX	CHDVX
CUSIX		1.0	0.84	0.85	0.84	0.33	0.32	0.74	0.74	0.66	CUSIX
CUSRX	1.0		0.84	0.84	0.84	0.33	0.32	0.74	0.74	0.66	CUSRX
CVLVX	0.84	0.84		1.0	1.0	0.54	0.54	0.92	0.91	0.88	CVLVX
CVLFX	0.85	0.84	1.0		1.0	0.55	0.54	0.92	0.91	0.89	CVLFX
CVLEX	0.84	0.84	1.0	1.0		0.54	0.53	0.92	0.91	0.88	CVLEX
CEMFX	0.33	0.33	0.54	0.55	0.54		1.0	0.51	0.51	0.68	CEMFX
CEMDX	0.32	0.32	0.54	0.54	0.53	1.0		0.5	0.51	0.68	CEMDX
ENHRX	0.74	0.74	0.92	0.92	0.92	0.51	0.5		1.0	0.91	ENHRX
ENHCX	0.74	0.74	0.91	0.91	0.91	0.51	0.51	1.0		0.92	ENHCX
CHDVX	0.66	0.66	0.88	0.89	0.88	0.68	0.68	0.91	0.92		CHDVX
	CUSIX	CUSRX	CVLVX	CVLFX	CVLEX	CEMFX	CEMDX	ENHRX	ENHCX	CHDVX

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Risk-Adjusted Indicators

There is a big difference between Cullen Mutual Fund performing well and Cullen International 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 International'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
CUSIX	1.19	(0.03)	0.03	0.10	1.11	(1.43)	2.70	(1.94)	7.94
CUSRX	1.19	(0.03)	0.03	0.10	1.08	(1.43)	2.68	(1.96)	7.91
CVLVX	0.55	(0.02)	(0.05)	0.10	0.46	(0.69)	1.15	(0.91)	3.58
CVLFX	0.56	(0.02)	(0.05)	0.10	0.47	(0.69)	1.11	(0.98)	3.57
CVLEX	0.55	(0.02)	(0.05)	0.10	0.43	(0.68)	1.12	(0.91)	3.49
CEMFX	0.59	(0.03)	(0.15)	(0.01)	0.73	(0.60)	1.32	(1.07)	3.47
CEMDX	0.59	(0.03)	(0.15)	(0.01)	0.74	(0.58)	1.33	(1.08)	3.51
ENHRX	0.44	0.00	(0.10)	0.13	0.39	(0.49)	0.85	(0.66)	2.14
ENHCX	0.44	0.00	(0.11)	0.12	0.39	(0.50)	0.94	(0.74)	2.23
CHDVX	0.49	(0.04)	(0.14)	0.07	0.48	(0.55)	0.99	(0.99)	2.38

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