Ft 7927 Correlations
| FCOLDXDelisted Fund | USD 114.88 0.00 0.00% |
The current 90-days correlation between Ft 7927 Corporate and Goldman Sachs Mlp is 0.05 (i.e., Significant diversification). The correlation of Ft 7927 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.
Ft 7927 Correlation With Market
Significant diversification
The correlation between Ft 7927 Corporate and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ft 7927 Corporate and DJI in the same portfolio, assuming nothing else is changed.
FCOLDX |
Moving together with FCOLDX Fund
| 0.65 | VGTSX | Vanguard Total Inter | PairCorr |
| 0.65 | VTIAX | Vanguard Total Inter | PairCorr |
| 0.89 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.89 | HPQ | HP Inc | PairCorr |
| 0.61 | CAT | Caterpillar Earnings Call This Week | PairCorr |
| 0.79 | TRV | The Travelers Companies | PairCorr |
| 0.8 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.81 | AA | Alcoa Corp | PairCorr |
| 0.76 | VZ | Verizon Communications Aggressive Push | PairCorr |
Moving against FCOLDX Fund
| 0.88 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.75 | LFRIX | Floating Rate | PairCorr |
| 0.56 | AXP | American Express | PairCorr |
| 0.56 | WMT | Walmart Aggressive Push | PairCorr |
| 0.38 | JPM | JPMorgan Chase | PairCorr |
| 0.37 | MMM | 3M Company Sell-off Trend | PairCorr |
Related Correlations Analysis
| 0.55 | 0.82 | 0.57 | 0.86 | 0.86 | 0.77 | GLEAX | ||
| 0.55 | 0.47 | 0.99 | 0.66 | 0.8 | 0.39 | SMAPX | ||
| 0.82 | 0.47 | 0.46 | 0.96 | 0.82 | 0.91 | PEO | ||
| 0.57 | 0.99 | 0.46 | 0.64 | 0.8 | 0.35 | TMCLX | ||
| 0.86 | 0.66 | 0.96 | 0.64 | 0.92 | 0.88 | FIKAX | ||
| 0.86 | 0.8 | 0.82 | 0.8 | 0.92 | 0.78 | MLORX | ||
| 0.77 | 0.39 | 0.91 | 0.35 | 0.88 | 0.78 | PNRZX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between FCOLDX Fund performing well and Ft 7927 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 Ft 7927'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GLEAX | 1.07 | 0.06 | 0.01 | 0.19 | 2.16 | 2.33 | 13.72 | |||
| SMAPX | 0.88 | 0.18 | 0.13 | 0.51 | 0.90 | 2.10 | 5.45 | |||
| PEO | 0.72 | (0.01) | (0.04) | 0.01 | 0.95 | 1.63 | 5.17 | |||
| TMCLX | 0.88 | 0.18 | 0.13 | 0.50 | 0.98 | 1.88 | 5.62 | |||
| FIKAX | 0.80 | 0.02 | (0.01) | 0.11 | 1.02 | 1.42 | 6.03 | |||
| MLORX | 0.66 | 0.03 | 0.00 | 0.17 | 0.82 | 1.26 | 3.85 | |||
| PNRZX | 0.81 | (0.03) | (0.05) | (0.02) | 1.08 | 1.54 | 5.66 |
Ft 7927 Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ft 7927 fund to make a market-neutral strategy. Peer analysis of Ft 7927 could also be used in its relative valuation, which is a method of valuing Ft 7927 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Ft 7927 Corporate?
Investing in delisted delisted funds can be risky, as the fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.