Dgi Investment Correlations

DGITX Fund

USD 11.58 0.07 0.60%

The current 90-days correlation between Dgi Investment Trust and One Choice In is 0.88 (i.e., Very poor diversification). The correlation of Dgi Investment 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.

Dgi Investment Correlation With Market

Very poor diversification

The correlation between Dgi Investment Trust and DJI is 0.84 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dgi Investment Trust and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dgi Investment Trust. 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 estimate.

Moving together with Dgi Mutual Fund

1.0	DGIIX	Dgi Balanced I	Pair Corr
0.99	DGICX	Dgi Balanced C	Pair Corr
0.98	DGIAX	Dgi Balanced A	Pair Corr
1.0	DGIBX	Dgi Balanced	Pair Corr
1.0	DGINX	Dgi Balanced	Pair Corr
0.63	AWF	Alliancebernstein	Pair Corr

Moving against Dgi Mutual Fund

0.74	USPSX	Profunds Ultrashort	Pair Corr
0.32	TCTGX	Transamerica Cleartrack	Pair Corr
0.32	TDKTX	Cleartrack 2015 Class	Pair Corr
0.73	USPIX	Profunds Ultrashort	Pair Corr
0.67	UIPIX	Ultrashort Mid Cap	Pair Corr
0.32	TCTJX	Transamerica Cleartrack	Pair Corr

Related Correlations Analysis

	ATTIX	RRPPX	TPILX	TBLSX	TBLVX	MRMTX
ATTIX		0.85	0.97	0.91	0.91	0.96	ATTIX
RRPPX	0.85		0.9	0.84	0.79	0.93	RRPPX
TPILX	0.97	0.9		0.9	0.89	0.99	TPILX
TBLSX	0.91	0.84	0.9		0.99	0.9	TBLSX
TBLVX	0.91	0.79	0.89	0.99		0.88	TBLVX
MRMTX	0.96	0.93	0.99	0.9	0.88		MRMTX
	ATTIX	RRPPX	TPILX	TBLSX	TBLVX	MRMTX

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Risk-Adjusted Indicators

There is a big difference between Dgi Mutual Fund performing well and Dgi Investment 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 Dgi Investment'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
ATTIX	0.32	(0.01)	(0.02)	(0.02)	0.42	(0.31)	0.63	(0.71)	1.93
RRPPX	0.33	0.04	0.11	0.11	0.28	(0.40)	0.63	(0.62)	1.66
TPILX	0.30	0.00	0.02	0.01	0.35	(0.31)	0.61	(0.61)	1.77
TBLSX	0.35	0.00	0.00	0.02	0.51	(0.34)	0.70	(0.80)	2.14
TBLVX	0.41	(0.01)	(0.01)	0.04	0.59	(0.39)	0.79	(0.88)	2.39
MRMTX	0.31	0.01	0.02	0.02	0.33	(0.35)	0.68	(0.57)	1.84

Trending Assets

ATTIX

One Choice In

12.52 -0.06 -0.48

TPILX

Tiaa Cref Lifecycle

11.39 -0.06 -0.52

MRMTX

Massmutual Retiresmart

8.79 -0.05 -0.57

RRPPX

American Funds Retirement

12.86 -0.05 -0.39

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