Century Small Correlations

Mutual Funds . USA . 
Fund . Century Small Cap
CSMCX Fund  USD 51.83  0.36  0.69%   
The current 90-days correlation between Century Small Cap and Prudential Government Income is 0.1 (i.e., Average diversification). The correlation of Century Small 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.

Century Small Correlation With Market

Almost no diversification

The correlation between Century Small Cap and DJI is 0.9 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Century Small Cap 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 Century Small Cap. 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 private.

Moving together with CENTURY Mutual Fund

  0.87IMIDX Congress Mid CapPairCorr
  0.87CMIDX Congress Mid CapPairCorr
  0.8CAMLX Congress Large CapPairCorr
  0.97CSMVX Century Small CapPairCorr
  0.97VSGAX Vanguard Small CapPairCorr
  0.97VSGIX Vanguard Small CapPairCorr
  0.97VISGX Vanguard Small CapPairCorr
  0.95VEXPX Vanguard ExplorerPairCorr
  0.95VEXRX Vanguard ExplorerPairCorr
  0.8JGMIX Janus TritonPairCorr
  0.79JGMRX Janus TritonPairCorr
  0.79JGMAX Janus TritonPairCorr
  0.78JGMCX Janus TritonPairCorr
  0.81JGMNX Janus TritonPairCorr
  0.76NHS Neuberger Berman HighPairCorr
  0.82BBINX Bbh Intermediate MunPairCorr
  0.76JGIRX Jpmorgan Intrepid GrowthPairCorr
  0.62ANBAX American Funds StrategicPairCorr
  0.68THRLX Thornburg Limited TermPairCorr
  0.86IMLAX Transamerica AssetPairCorr
  0.8AIFRX Alpine Global InfrasPairCorr
  0.8TIBRX Thornburg InvestmentPairCorr
  0.85NWHMX Nationwide BailardPairCorr
  0.86MGRDX Mfs International GrowthPairCorr
  0.9CMMVX Catholic ResponsiblePairCorr
  0.87FSKAX Fidelity Total MarketPairCorr
  0.77EEIAX Eaton Vance EmergingPairCorr
  0.87SSDEX State Street TargetPairCorr
  0.82SNWRX Easterly Snow SmallPairCorr
  0.82PFNUX Pimco Dynamic BondPairCorr
  0.88LHYRX Lord Abbett HighPairCorr
  0.74ABRZX Invesco Balanced RiskPairCorr
  0.93WLIVX Wcm Focused InternationalPairCorr
  0.92FHAUX Fidelity Freedom BlendPairCorr
  0.91RFGTX American Funds 2040PairCorr
  0.85RBHHX American Funds 2045PairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between CENTURY Mutual Fund performing well and Century Small 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 Century Small'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