Aam Select Correlations

Mutual Funds . USA . 
Fund . Aam Select Income
CPUAX Fund  USD 9.43  0.01  0.11%   
The current 90-days correlation between Aam Select Income and Saat Moderate Strategy is 0.32 (i.e., Weak diversification). The correlation of Aam Select 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.

Aam Select Correlation With Market

Poor diversification

The correlation between Aam Select Income and DJI is 0.7 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aam Select Income 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 Aam Select Income. 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 nation.

Moving together with Aam Mutual Fund

  0.93CPUCX Aam Select IncomePairCorr
  0.94CPUIX Aam Select IncomePairCorr
  0.91VICSX Vanguard Intermediate-terPairCorr
  0.89VFICX Vanguard IntermediatePairCorr
  0.89VFIDX Vanguard IntermediatePairCorr
  0.9VICBX Vanguard Intermediate-terPairCorr
  0.97PBDAX Investment Grade PoratePairCorr
  0.97PBDCX Investment Grade PoratePairCorr
  0.97PCNNX Pimco Investment GradePairCorr
  0.97PBDPX Pimco Investment GradePairCorr
  0.92PIGIX Investment Grade PoratePairCorr
  0.97PGCAX Investment Grade PoratePairCorr
  0.85NHS Neuberger Berman HighPairCorr
  0.74LGIEX Qs International EquityPairCorr
  0.9GCFIX Goldman Sachs EPairCorr
  0.7RFNFX American Funds FundaPairCorr
  0.76JGERX Jhancock Global EquityPairCorr
  0.87ARYEX Real Estate FundPairCorr
  0.85MXIHX Great-west Inflation-protecPairCorr
  0.7GGPCX American Funds GlobalPairCorr
  0.82PRZIX T Rowe PricePairCorr
  0.86FNJQX Franklin New JerseyPairCorr
  0.73RIDBX Income FundPairCorr
  0.86NEZNX Loomis Sayles StrategicPairCorr
  0.74FCAUX Fidelity Climate ActionPairCorr
  0.73CIMCX Income FundPairCorr
  0.77SCLAX Simt Multi AssetPairCorr
  0.87SQIYX Sit Mutual FundsPairCorr
  0.65CPCRX Comstock Capital ValuePairCorr
  0.74TRMIX T Rowe PricePairCorr
  0.9ANAGX Ab Global BondPairCorr
  0.82IXISX Voya Index SolutionPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Aam Mutual Fund performing well and Aam Select 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 Aam Select'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.

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
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY