Forum Real Correlations

FORFX Fund

9.73 0.01 0.10%

The current 90-days correlation between Forum Real Estate and Allianzgi Health Sciences is 0.27 (i.e., Modest diversification). The correlation of Forum Real 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.

Forum Real Correlation With Market

Modest diversification

The correlation between Forum Real Estate and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Forum Real Estate 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 Forum Real Estate. 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 census.

Moving together with Forum Mutual Fund

0.9	VTSAX	Vanguard Total Stock	Pair Corr
0.89	VFIAX	Vanguard 500 Index	Pair Corr
0.9	VTSMX	Vanguard Total Stock	Pair Corr
0.9	VITSX	Vanguard Total Stock	Pair Corr
0.9	VSTSX	Vanguard Total Stock	Pair Corr
0.9	VSMPX	Vanguard Total Stock	Pair Corr
0.89	VFINX	Vanguard 500 Index	Pair Corr
0.89	VFFSX	Vanguard 500 Index	Pair Corr
0.85	BAC	Bank of America Aggressive Push	Pair Corr
0.83	DIS	Walt Disney Aggressive Push	Pair Corr
0.93	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.77	HD	Home Depot	Pair Corr
0.75	HPQ	HP Inc	Pair Corr
0.77	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr

Moving against Forum Mutual Fund

0.84	KO	Coca Cola Aggressive Push	Pair Corr
0.7	PFHCX	Pacific Funds Small	Pair Corr
0.36	NHS	Neuberger Berman High	Pair Corr
0.92	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.85	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.79	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.4	PG	Procter Gamble	Pair Corr

Related Correlations Analysis

	RAGHX	SBHIX	PHLAX	ETAHX	BGHDX	DLHIX
RAGHX		0.83	0.93	0.59	0.83	0.95	RAGHX
SBHIX	0.83		0.89	0.58	0.63	0.81	SBHIX
PHLAX	0.93	0.89		0.73	0.82	0.96	PHLAX
ETAHX	0.59	0.58	0.73		0.81	0.72	ETAHX
BGHDX	0.83	0.63	0.82	0.81		0.88	BGHDX
DLHIX	0.95	0.81	0.96	0.72	0.88		DLHIX
	RAGHX	SBHIX	PHLAX	ETAHX	BGHDX	DLHIX

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Risk-Adjusted Indicators

There is a big difference between Forum Mutual Fund performing well and Forum Real 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 Forum Real'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
RAGHX	0.61	(0.19)	(0.16)	0.92	(1.37)	3.33
SBHIX	0.63	(0.15)	(0.13)	1.00	(1.27)	4.23
PHLAX	0.63	(0.18)	(0.17)	0.95	(1.38)	5.07
ETAHX	0.98	(0.20)	(0.06)	1.91	(2.32)	7.54
BGHDX	0.79	(0.17)	(0.17)	1.34	(1.69)	6.08
DLHIX	0.62	(0.23)	(0.20)	0.82	(1.45)	4.38

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