Cullen Value Correlations

CVLVX Fund

USD 14.69 0.09 0.62%

The current 90-days correlation between Cullen Value and Cullen Small Cap is 0.79 (i.e., Poor diversification). The correlation of Cullen Value 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 Value Correlation With Market

Almost no diversification

The correlation between Cullen Value Fund and DJI is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cullen Value Fund 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 Value Fund. 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 real.

Moving together with Cullen Mutual Fund

0.84	CUSIX	Cullen Small Cap	Pair Corr
0.84	CUSCX	Cullen Small Cap	Pair Corr
0.84	CUSRX	Cullen Small Cap	Pair Corr
1.0	CVLFX	Cullen Value	Pair Corr
1.0	CVLEX	Cullen Value	Pair Corr
0.92	ENHRX	Cullen Enhanced Equity	Pair Corr
0.92	ENHNX	Cullen Enhanced Equity	Pair Corr
0.91	ENHCX	Cullen Enhanced Equity	Pair Corr
0.88	CHDVX	Cullen High Dividend	Pair Corr
0.88	CHDEX	Cullen High Dividend	Pair Corr
0.87	CHVCX	Cullen High Dividend	Pair Corr
0.99	VVIAX	Vanguard Value Index	Pair Corr
0.96	DOXGX	Dodge Cox Stock	Pair Corr
0.94	AFMFX	American Mutual	Pair Corr
0.94	FFMMX	American Funds American	Pair Corr
0.94	FFFMX	American Funds American	Pair Corr
0.94	AMRMX	American Mutual	Pair Corr
0.94	AMFFX	American Mutual	Pair Corr
0.93	AMFCX	American Mutual	Pair Corr
0.96	DODGX	Dodge Stock Fund	Pair Corr
0.99	VIVAX	Vanguard Value Index	Pair Corr
0.82	FTCAX	Templeton Strained Bond	Pair Corr
0.87	PYAIX	Payden Absolute Return	Pair Corr
0.87	PYARX	Payden Absolute Return	Pair Corr
0.83	BCAAX	Brandywineglobal C	Pair Corr
0.93	LLPFX	Longleaf Partners	Pair Corr
0.95	CMEUX	Six Circles Managed	Pair Corr

Moving against Cullen Mutual Fund

0.49	CIHCX	Cullen International High	Pair Corr
0.48	CIHDX	Cullen International High	Pair Corr
0.47	CIHIX	Cullen International High	Pair Corr
0.95	UIPIX	Ultrashort Mid Cap	Pair Corr
0.9	USPSX	Profunds Ultrashort	Pair Corr
0.9	USPIX	Profunds Ultrashort	Pair Corr

Related Correlations Analysis

	CUSIX	CUSCX	CUSRX	CVLVX	CVLEX	CEMGX	CEMFX	CEMDX	ENHRX
CUSIX		1.0	1.0	0.84	0.84	0.31	0.33	0.32	0.74	CUSIX
CUSCX	1.0		1.0	0.84	0.84	0.3	0.32	0.31	0.73	CUSCX
CUSRX	1.0	1.0		0.84	0.84	0.31	0.33	0.32	0.74	CUSRX
CVLVX	0.84	0.84	0.84		1.0	0.52	0.54	0.54	0.92	CVLVX
CVLEX	0.84	0.84	0.84	1.0		0.52	0.54	0.53	0.92	CVLEX
CEMGX	0.31	0.3	0.31	0.52	0.52		1.0	1.0	0.49	CEMGX
CEMFX	0.33	0.32	0.33	0.54	0.54	1.0		1.0	0.51	CEMFX
CEMDX	0.32	0.31	0.32	0.54	0.53	1.0	1.0		0.5	CEMDX
ENHRX	0.74	0.73	0.74	0.92	0.92	0.49	0.51	0.5		ENHRX
	CUSIX	CUSCX	CUSRX	CVLVX	CVLEX	CEMGX	CEMFX	CEMDX	ENHRX

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Risk-Adjusted Indicators

There is a big difference between Cullen Mutual Fund performing well and Cullen Value 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 Value'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
CUSCX	1.18	(0.03)	0.03	0.10	1.07	(1.42)	2.73	(1.98)	8.08
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
CVLEX	0.55	(0.02)	(0.05)	0.10	0.43	(0.68)	1.12	(0.91)	3.49
CEMGX	0.59	(0.03)	(0.16)	(0.02)	0.74	(0.58)	1.44	(1.10)	3.50
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

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