Poplar Forest Correlations

IPFPX Fund

USD 57.67 0.09 0.16%

The current 90-days correlation between Poplar Forest Partners and Clearbridge Mid Cap is 0.35 (i.e., Weak diversification). The correlation of Poplar Forest 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.

Poplar Forest Correlation With Market

Almost no diversification

The correlation between Poplar Forest Partners and DJI is 0.91 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Poplar Forest Partners 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 Poplar Forest Partners. 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 inflation.

Moving together with Poplar Mutual Fund

1.0	PFPFX	Poplar Forest Partners	Pair Corr
1.0	IPFCX	Poplar Forest Nerstone	Pair Corr
0.92	VMVAX	Vanguard Mid Cap	Pair Corr
0.89	JVMAX	John Hancock Disciplined	Pair Corr
0.91	JVMIX	John Hancock Disciplined	Pair Corr
0.92	VMVIX	Vanguard Mid Cap	Pair Corr
0.95	JMVZX	Jpmorgan Mid Cap	Pair Corr
0.96	JMVRX	Jpmorgan Mid Cap	Pair Corr
0.96	JMVQX	Jpmorgan Mid Cap	Pair Corr
0.96	JMVYX	Jpmorgan Mid Cap	Pair Corr
0.96	JMVPX	Jpmorgan Mid Cap	Pair Corr
0.98	MVCAX	Mfs Mid Cap	Pair Corr
0.76	SMPIX	Semiconductor Ultrasector	Pair Corr
0.8	SMPSX	Semiconductor Ultrasector	Pair Corr
0.86	RSNRX	Victory Global Natural	Pair Corr
0.86	RSNYX	Victory Global Natural	Pair Corr
0.86	RGNCX	Victory Global Natural	Pair Corr
0.71	MLPNX	Oppenheimer Steelpath Mlp	Pair Corr
0.71	SPMPX	Invesco Steelpath Mlp	Pair Corr
0.72	MLPLX	Oppenheimer Steelpath Mlp	Pair Corr
0.71	SPMJX	Invesco Steelpath Mlp	Pair Corr
0.84	PMPIX	Precious Metals Ultr Steady Growth	Pair Corr
0.93	PYRLX	Payden High Income	Pair Corr
0.88	JMSFX	Jpmorgan Income	Pair Corr
0.86	DLTZX	Delaware Limited Term	Pair Corr
0.9	BAFFX	Brown Advisory Flexible	Pair Corr
0.86	WBIIX	William Blair Instit	Pair Corr
0.86	BIALX	Brown Advisory Global	Pair Corr
0.67	FBNRX	Templeton Global Bond	Pair Corr
0.89	MKEFX	Blackrock Eurofund Class	Pair Corr
0.82	DILYX	Davis International	Pair Corr
0.7	JNVIX	Jensen Quality Value	Pair Corr
0.92	FKAIX	Federated Kaufmann Small	Pair Corr
0.88	TTFIX	Tiaa Cref Lifecycle	Pair Corr
0.86	FAXDX	Fidelity Advisor Freedom	Pair Corr
0.85	ARDMX	One Choice 2040	Pair Corr
0.62	PHIQX	Prudential Muni High	Pair Corr
0.95	CEISX	Manning Napier Callodine	Pair Corr

Related Correlations Analysis

	HAVGX	MHN	ARDC	RFI	MXXVX	GBFAX	FICNX	NPCT	ODMCX	LBGIX
HAVGX		0.67	0.38	0.35	0.74	0.85	0.88	0.12	0.81	0.58	HAVGX
MHN	0.67		0.2	0.37	0.4	0.64	0.7	0.22	0.51	0.25	MHN
ARDC	0.38	0.2		0.64	0.04	0.52	0.32	0.45	0.06	0.37	ARDC
RFI	0.35	0.37	0.64		-0.13	0.47	0.37	0.8	-0.03	0.0	RFI
MXXVX	0.74	0.4	0.04	-0.13		0.67	0.75	-0.41	0.98	0.41	MXXVX
GBFAX	0.85	0.64	0.52	0.47	0.67		0.93	0.23	0.71	0.34	GBFAX
FICNX	0.88	0.7	0.32	0.37	0.75	0.93		0.09	0.82	0.31	FICNX
NPCT	0.12	0.22	0.45	0.8	-0.41	0.23	0.09		-0.32	-0.24	NPCT
ODMCX	0.81	0.51	0.06	-0.03	0.98	0.71	0.82	-0.32		0.43	ODMCX
LBGIX	0.58	0.25	0.37	0.0	0.41	0.34	0.31	-0.24	0.43		LBGIX
	HAVGX	MHN	ARDC	RFI	MXXVX	GBFAX	FICNX	NPCT	ODMCX	LBGIX

Please upgrade your account to get full access to Macroaxis premium features

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

ODMCX	+ 0.98	MXXVX
FICNX	+ 0.93	GBFAX
FICNX	+ 0.88	HAVGX
GBFAX	+ 0.85	HAVGX
ODMCX	+ 0.82	FICNX
ODMCX	+ 0.81	HAVGX

High negative correlations

NPCT	- 0.41	MXXVX
ODMCX	- 0.32	NPCT
LBGIX	- 0.24	NPCT
MXXVX	- 0.13	RFI
ODMCX	- 0.03	RFI
LBGIX	- 0.0	RFI

Risk-Adjusted Indicators

There is a big difference between Poplar Mutual Fund performing well and Poplar Forest 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 Poplar Forest'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
HAVGX	0.46	(0.01)	(0.06)	0.06	0.62	(0.44)	0.89	(0.96)	3.20
MHN	0.35	0.00	(0.13)	0.12	0.45	(0.35)	0.60	(0.79)	2.85
ARDC	0.34	(0.05)	0.00	(0.14)	0.00	0.00	0.84	(0.61)	2.22
RFI	0.58	0.03	(0.03)	0.15	0.62	(0.62)	1.19	(1.01)	2.54
MXXVX	1.08	0.26	0.17	0.58	0.84	(1.23)	1.81	(2.06)	21.57
GBFAX	0.70	0.13	0.07	1.17	0.58	(0.82)	1.90	(1.31)	3.96
FICNX	0.07	0.02	(0.47)	4.55	0.00	(0.11)	0.18	(0.09)	0.63
NPCT	0.33	(0.01)	(0.14)	0.05	0.41	(0.34)	0.77	(0.77)	1.74
ODMCX	0.99	0.20	0.27	0.22	0.44	(1.32)	2.22	(1.45)	16.38
LBGIX	0.84	(0.10)	0.00	(0.01)	0.00	0.00	1.64	(2.04)	4.07

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