Cambria Global Correlations

GVAL Etf

USD 21.91 0.16 0.74%

The current 90-days correlation between Cambria Global Value and Cambria Foreign Shareholder is -0.19 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cambria Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cambria Global Value moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cambria Global Correlation With Market

Modest diversification

The correlation between Cambria Global Value and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cambria Global Value 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 Cambria Global Value. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Cambria Etf

0.82	FNDC	Schwab Fundamental	Pair Corr
0.77	AVDV	Avantis International	Pair Corr
0.79	DLS	WisdomTree International	Pair Corr
0.77	PDN	Invesco FTSE RAFI	Pair Corr
0.91	DISV	Dimensional ETF Trust	Pair Corr
0.87	ISVL	iShares International	Pair Corr
0.79	DIM	WisdomTree International	Pair Corr
0.65	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.68	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr

Moving against Cambria Etf

0.49	OBIL	US Treasury 12	Pair Corr
0.44	WINN	Harbor Long Term	Pair Corr
0.38	IWF	iShares Russell 1000	Pair Corr
0.62	DIS	Walt Disney	Pair Corr
0.51	WMT	Walmart Aggressive Push	Pair Corr
0.4	BAC	Bank of America	Pair Corr
0.4	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.39	AXP	American Express Earnings Call Today	Pair Corr
0.33	JPM	JPMorgan Chase	Pair Corr
0.31	BA	Boeing Earnings Call This Week	Pair Corr

Related Correlations Analysis

	FYLD	GMOM	EYLD	GAA	SYLD
FYLD		0.45	0.85	0.65	0.46	FYLD
GMOM	0.45		0.45	0.87	0.89	GMOM
EYLD	0.85	0.45		0.63	0.47	EYLD
GAA	0.65	0.87	0.63		0.85	GAA
SYLD	0.46	0.89	0.47	0.85		SYLD
	FYLD	GMOM	EYLD	GAA	SYLD

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Cambria Global Constituents Risk-Adjusted Indicators

There is a big difference between Cambria Etf performing well and Cambria Global ETF 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 Cambria Global'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
FYLD	0.64	(0.09)	0.00	(0.50)	0.00	0.00	1.34	(1.50)	4.23
GMOM	0.66	(0.01)	(0.04)	0.01	0.80	(0.69)	1.25	(0.94)	5.61
EYLD	0.73	(0.09)	0.00	(0.30)	0.00	0.00	1.27	(1.78)	5.22
GAA	0.40	(0.03)	0.00	(0.22)	0.00	0.00	0.85	(1.06)	3.15
SYLD	0.76	(0.07)	0.00	(0.11)	0.00	0.00	1.50	(1.44)	7.28

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