Core Fixed Correlations
| GTCGXDelisted Fund | USD 9.39 0.00 0.00% |
The current 90-days correlation between Core Fixed Income and International Portfolio International is 0.12 (i.e., Average diversification). The correlation of Core Fixed 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.
Core Fixed Correlation With Market
Significant diversification
The correlation between Core Fixed Income and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Core Fixed Income and DJI in the same portfolio, assuming nothing else is changed.
CORE |
Moving together with CORE Mutual Fund
| 0.66 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.69 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
Moving against CORE Mutual Fund
| 0.36 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Related Correlations Analysis
| -0.73 | -0.58 | -0.59 | 0.18 | GTCIX | ||
| -0.73 | 0.95 | 0.89 | 0.12 | GTCEX | ||
| -0.58 | 0.95 | 0.88 | 0.31 | GTLOX | ||
| -0.59 | 0.89 | 0.88 | 0.0 | GTCSX | ||
| 0.18 | 0.12 | 0.31 | 0.0 | MIPTX | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between CORE Mutual Fund performing well and Core Fixed 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 Core Fixed'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GTCIX | 0.50 | (0.09) | 0.00 | (0.67) | 0.00 | 1.09 | 2.99 | |||
| GTCEX | 0.50 | 0.00 | (0.03) | 0.11 | 0.47 | 0.91 | 4.58 | |||
| GTLOX | 0.58 | (0.02) | (0.04) | 0.09 | 0.63 | 1.23 | 4.24 | |||
| GTCSX | 0.88 | 0.08 | (0.02) | 0.57 | 0.82 | 1.95 | 7.13 | |||
| MIPTX | 0.91 | (0.04) | (0.09) | 0.03 | 1.16 | 2.31 | 6.69 |
Core Fixed 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 Core Fixed mutual fund to make a market-neutral strategy. Peer analysis of Core Fixed could also be used in its relative valuation, which is a method of valuing Core Fixed by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Core Fixed Income?
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