Guidepath Growth Correlations

GPIGX Fund

USD 12.49 0.13 1.03%

The current 90-days correlation between Guidepath Growth And and Guidepath Absolute Return is 0.75 (i.e., Poor diversification). The correlation of Guidepath Growth 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.

Guidepath Growth Correlation With Market

Weak diversification

The correlation between Guidepath Growth And and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Guidepath Growth And and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guidepath Growth And. 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 price.

Moving together with Guidepath Mutual Fund

0.64	GPARX	Guidepath Absolute Return	Pair Corr
0.91	GPIFX	Guidepath Flexible Income	Pair Corr
0.65	FWWMX	American Funds Washington	Pair Corr
0.65	FWMMX	American Funds Washington	Pair Corr
0.65	AMRMX	American Mutual	Pair Corr

Moving against Guidepath Mutual Fund

0.71	WSHCX	Washington Mutual	Pair Corr
0.7	AWSHX	Washington Mutual	Pair Corr
0.69	AMFFX	American Mutual	Pair Corr
0.64	AMFCX	American Mutual	Pair Corr
0.54	GPMFX	Guidepath Managed Futures	Pair Corr
0.47	DODGX	Dodge Stock Fund	Pair Corr
0.42	VVIAX	Vanguard Value Index	Pair Corr
0.33	VTSAX	Vanguard Total Stock	Pair Corr
0.32	WSHFX	Washington Mutual	Pair Corr
0.81	TGWTX	Transamerica Large Growth	Pair Corr
0.67	RICGX	Investment Of America	Pair Corr
0.59	CZOVX	Zacks All Cap	Pair Corr
0.55	VTIAX	Vanguard Total Inter	Pair Corr
0.53	HHHTX	Hartford Schroders	Pair Corr
0.51	FESOX	First Eagle Overseas	Pair Corr
0.39	CBMZX	Columbia Capital All	Pair Corr
0.37	TMCTX	Touchstone Mid Cap	Pair Corr
0.34	VFFSX	Vanguard 500 Index	Pair Corr
0.34	FNCFX	Franklin Income	Pair Corr

Related Correlations Analysis

	GPARX	GPICX	GPIFX	GPIGX	GPINX	GPMFX	GPMIX
GPARX		0.45	0.67	0.64	0.56	0.19	0.41	GPARX
GPICX	0.45		0.73	0.47	0.66	-0.08	0.64	GPICX
GPIFX	0.67	0.73		0.91	0.7	-0.39	0.25	GPIFX
GPIGX	0.64	0.47	0.91		0.44	-0.54	-0.05	GPIGX
GPINX	0.56	0.66	0.7	0.44		0.19	0.65	GPINX
GPMFX	0.19	-0.08	-0.39	-0.54	0.19		0.64	GPMFX
GPMIX	0.41	0.64	0.25	-0.05	0.65	0.64		GPMIX
	GPARX	GPICX	GPIFX	GPIGX	GPINX	GPMFX	GPMIX

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

GPIGX	+ 0.91	GPIFX
GPIFX	+ 0.73	GPICX
GPINX	+ 0.7	GPIFX
GPIFX	+ 0.67	GPARX
GPINX	+ 0.66	GPICX
GPMIX	+ 0.65	GPINX

High negative correlations

GPMFX	- 0.54	GPIGX
GPMFX	- 0.39	GPIFX
GPMFX	- 0.08	GPICX
GPMIX	- 0.05	GPIGX

Risk-Adjusted Indicators

There is a big difference between Guidepath Mutual Fund performing well and Guidepath Growth 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 Guidepath Growth'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
GPARX	0.31	(0.03)	0.00	(0.04)	0.00	0.00	0.71	(0.72)	4.04
GPICX	0.03	(0.01)	0.00	(0.33)	0.00	0.00	0.10	0.00	0.73
GPIFX	0.12	(0.02)	0.00	(0.18)	0.00	0.00	0.23	(0.22)	2.02
GPIGX	0.67	(0.19)	0.00	(0.22)	0.00	0.00	0.97	(1.02)	12.80
GPINX	0.14	(0.02)	(0.28)	(0.07)	0.18	(0.19)	0.35	(0.34)	1.15
GPMFX	0.71	0.01	(0.01)	0.08	0.85	(0.73)	1.30	(1.53)	3.61
GPMIX	0.31	(0.01)	(0.12)	0.03	0.34	(0.36)	0.68	(0.60)	1.95

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC