Guidemark(r) Core Correlations

GMCOX Fund

USD 8.14 0.04 0.49%

The current 90-days correlation between Guidemark E Fixed and Guidemark Large Cap is 0.1 (i.e., Average diversification). The correlation of Guidemark(r) Core 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.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guidemark E Fixed. 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 persons.

Moving together with Guidemark(r) Mutual Fund

0.68	GMLGX	Guidemark Large Cap	Pair Corr
0.71	GMSMX	Guidemark Smallmid Cap	Pair Corr
0.71	GMWEX	Guidemark World Ex	Pair Corr
0.74	GPSTX	Guidepath Growth All	Pair Corr
0.71	GPTCX	Guidepath Servative	Pair Corr
0.73	GPTUX	Guidepath Tactical	Pair Corr
0.89	VBTLX	Vanguard Total Bond	Pair Corr
0.8	VBMFX	Vanguard Total Bond	Pair Corr
0.8	VBTIX	Vanguard Total Bond	Pair Corr
0.8	VTBSX	Vanguard Total Bond	Pair Corr
0.89	VTBIX	Vanguard Total Bond	Pair Corr
0.89	VTBNX	Vanguard Total Bond	Pair Corr
0.9	FBOFX	American Funds	Pair Corr
0.8	FFBOX	American Funds	Pair Corr
0.8	BFAFX	Bond Fund	Pair Corr
0.8	ABNDX	Bond Fund	Pair Corr
0.7	RMQAX	Monthly Rebalance	Pair Corr
0.7	RMQHX	Monthly Rebalance	Pair Corr
0.78	ISWAX	Voya Solution Income	Pair Corr
0.67	LBNOX	Lord Abbett Bond	Pair Corr

Related Correlations Analysis

	GMCOX	GMLVX	GMLGX	GMSMX	GMWEX	GPSTX	GPTCX	GPTUX
GMCOX		0.59	0.68	0.71	0.71	0.74	0.71	0.73	GMCOX
GMLVX	0.59		0.5	0.51	0.63	0.53	0.5	0.51	GMLVX
GMLGX	0.68	0.5		0.89	0.49	0.9	0.78	0.86	GMLGX
GMSMX	0.71	0.51	0.89		0.44	0.94	0.73	0.97	GMSMX
GMWEX	0.71	0.63	0.49	0.44		0.58	0.82	0.53	GMWEX
GPSTX	0.74	0.53	0.9	0.94	0.58		0.82	0.92	GPSTX
GPTCX	0.71	0.5	0.78	0.73	0.82	0.82		0.75	GPTCX
GPTUX	0.73	0.51	0.86	0.97	0.53	0.92	0.75		GPTUX
	GMCOX	GMLVX	GMLGX	GMSMX	GMWEX	GPSTX	GPTCX	GPTUX

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Risk-Adjusted Indicators

There is a big difference between Guidemark(r) Mutual Fund performing well and Guidemark(r) Core 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 Guidemark(r) Core'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
GMCOX	0.23	0.00	0.00	0.00	0.00	0.00	0.49	(0.49)	1.23
GMLVX	0.59	(0.05)	0.00	(0.08)	0.00	0.00	1.16	(1.52)	3.39
GMLGX	0.72	0.01	(0.02)	0.10	1.29	(0.69)	1.22	(1.45)	7.56
GMSMX	0.93	(0.07)	0.00	(0.14)	0.00	0.00	1.78	(1.43)	14.12
GMWEX	0.54	(0.01)	(0.11)	(0.13)	0.74	(0.54)	1.13	(1.11)	3.76
GPSTX	0.65	(0.02)	0.00	(0.11)	0.00	0.00	1.22	(1.57)	6.19
GPTCX	0.28	0.00	(0.17)	0.00	0.40	(0.30)	0.54	(0.62)	2.14
GPTUX	0.73	(0.08)	0.00	(0.29)	0.00	0.00	1.19	(1.86)	7.93

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Guidemark(r) Core Correlations

Moving together with Guidemark(r) Mutual Fund

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