Coho Relative Correlations

COHOX Fund

USD 8.00 0.00 0.00%

The current 90-days correlation between Coho Relative Value and Dreyfus Global Real is -0.1 (i.e., Good diversification). The correlation of Coho Relative 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.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coho Relative Value. 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 metropolitan statistical area.

Moving together with Coho Mutual Fund

0.91

CESGX

Coho Relative Value

Pair Corr

Moving against Coho Mutual Fund

0.8	VVIAX	Vanguard Value Index	Pair Corr
0.73	SPMPX	Invesco Steelpath Mlp	Pair Corr
0.73	MLPNX	Oppenheimer Steelpath Mlp	Pair Corr
0.45	DODGX	Dodge Stock Fund	Pair Corr
0.85	LARCX	Floating Rate	Pair Corr
0.84	PCCPX	Pimco Rae Fundamental	Pair Corr
0.75	BITIX	Profunds Short Bitcoin	Pair Corr
0.73	SPMJX	Invesco Steelpath Mlp	Pair Corr
0.73	SVPIX	Small Cap Value	Pair Corr
0.73	NASDX	Nasdaq 100 Index	Pair Corr
0.72	MLPMX	Oppenheimer Steelpath Mlp	Pair Corr
0.72	OLCAX	Oppenheimer Rochester	Pair Corr
0.7	JBYSX	Jpmorgan Smartretirement	Pair Corr
0.64	DRRCX	Dreyfus Global Real	Pair Corr
0.63	ARTHX	Artisan Global Equity	Pair Corr
0.63	SPGTX	Symmetry Panoramic Tax	Pair Corr
0.58	FTCWX	Fidelity Asset Manager	Pair Corr
0.57	SWHFX	Schwab Health Care	Pair Corr
0.52	SDRCX	Swan Defined Risk	Pair Corr
0.44	ABNDX	Bond Fund	Pair Corr
0.78	GSCYX	Small Cap Equity	Pair Corr
0.77	MLPOX	Oppenheimer Steelpath Mlp	Pair Corr
0.77	VGHAX	Vanguard Health Care	Pair Corr
0.74	THYFX	Thrivent Diversified	Pair Corr

Related Correlations Analysis

	COHOX	DRRYX	FQTEX	ORSTX	EACOX	ATOBX	QSPMX	TFAFX	CGTCX	HCYIX
COHOX		-0.66	-0.83	-0.82	-0.58	-0.78	-0.85	-0.31	-0.33	-0.8	COHOX
DRRYX	-0.66		0.87	0.79	0.88	0.79	0.87	0.71	0.53	0.8	DRRYX
FQTEX	-0.83	0.87		0.76	0.82	0.76	0.91	0.58	0.38	0.92	FQTEX
ORSTX	-0.82	0.79	0.76		0.65	0.96	0.84	0.35	0.4	0.73	ORSTX
EACOX	-0.58	0.88	0.82	0.65		0.65	0.8	0.74	0.32	0.73	EACOX
ATOBX	-0.78	0.79	0.76	0.96	0.65		0.8	0.32	0.47	0.7	ATOBX
QSPMX	-0.85	0.87	0.91	0.84	0.8	0.8		0.53	0.34	0.91	QSPMX
TFAFX	-0.31	0.71	0.58	0.35	0.74	0.32	0.53		0.25	0.46	TFAFX
CGTCX	-0.33	0.53	0.38	0.4	0.32	0.47	0.34	0.25		0.35	CGTCX
HCYIX	-0.8	0.8	0.92	0.73	0.73	0.7	0.91	0.46	0.35		HCYIX
	COHOX	DRRYX	FQTEX	ORSTX	EACOX	ATOBX	QSPMX	TFAFX	CGTCX	HCYIX

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

ATOBX	+ 0.96	ORSTX
HCYIX	+ 0.92	FQTEX
QSPMX	+ 0.91	FQTEX
HCYIX	+ 0.91	QSPMX
EACOX	+ 0.88	DRRYX
FQTEX	+ 0.87	DRRYX

High negative correlations

QSPMX	- 0.85	COHOX
FQTEX	- 0.83	COHOX
ORSTX	- 0.82	COHOX
HCYIX	- 0.8	COHOX
ATOBX	- 0.78	COHOX
DRRYX	- 0.66	COHOX

Risk-Adjusted Indicators

There is a big difference between Coho Mutual Fund performing well and Coho Relative 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 Coho Relative'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
COHOX	1.31	(0.59)	0.00	(19.22)	0.00	0.00	0.85	(1.00)	41.19
DRRYX	0.35	0.03	(0.02)	0.13	0.34	(0.38)	0.60	(0.71)	1.96
FQTEX	0.47	0.04	0.03	0.12	0.50	(0.54)	1.14	(0.81)	2.90
ORSTX	0.02	0.00	0.00	(0.20)	0.00	0.00	0.00	0.00	0.27
EACOX	0.51	0.03	(0.01)	0.15	0.60	(0.53)	1.07	(1.05)	2.77
ATOBX	0.02	0.00	0.00	(0.73)	0.00	0.00	0.00	0.00	0.40
QSPMX	0.45	0.13	0.11	0.31	0.41	(0.57)	1.41	(0.67)	3.75
TFAFX	0.64	(0.03)	(0.03)	0.04	0.98	(0.63)	1.39	(1.53)	3.80
CGTCX	0.14	0.00	(0.36)	0.01	0.13	(0.17)	0.25	(0.25)	0.91
HCYIX	0.29	0.03	(0.04)	0.13	0.17	(0.34)	0.68	(0.40)	3.24

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