James Small Correlations

JASCX Fund

USD 45.66 0.33 0.72%

The current 90-days correlation between James Small Cap and Hennessy Bp Midstream is 0.08 (i.e., Significant diversification). The correlation of James Small 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.

James Small Correlation With Market

Almost no diversification

The correlation between James Small Cap and DJI is 0.94 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding James Small Cap 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 James Small Cap. 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 services.

Moving together with James Mutual Fund

0.94	JAVAX	James Aggressive All	Pair Corr
0.96	GLRBX	James Balanced Golden	Pair Corr
0.96	GLRIX	James Balanced Golden	Pair Corr
0.99	JMCRX	James Micro Cap	Pair Corr
0.96	VSMAX	Vanguard Small Cap	Pair Corr
0.96	VSCIX	Vanguard Small Cap	Pair Corr
0.96	VSCPX	Vanguard Small Cap	Pair Corr
0.96	NAESX	Vanguard Small Cap	Pair Corr
0.94	FSSNX	Fidelity Small Cap	Pair Corr
0.98	DFSTX	Us Small Cap	Pair Corr
0.98	FTHSX	Fuller Thaler Behavioral	Pair Corr
0.98	FTHNX	Fuller Thaler Behavioral	Pair Corr
0.96	PASVX	T Rowe Price	Pair Corr
0.92	PRVIX	T Rowe Price	Pair Corr
0.8	SMPIX	Semiconductor Ultrasector	Pair Corr
0.8	SMPSX	Semiconductor Ultrasector	Pair Corr
0.87	PMPSX	Precious Metals Ultr	Pair Corr
0.87	PMPIX	Precious Metals Ultr	Pair Corr
0.87	UJPIX	Ultrajapan Profund	Pair Corr
0.9	EKWYX	Wells Fargo Advantage	Pair Corr
0.88	FRGOX	Franklin Gold Precious	Pair Corr
0.87	EKWAX	Wells Fargo Advantage	Pair Corr
0.89	INIVX	International Investors	Pair Corr
0.72	ABNOX	Ab Bond Inflation	Pair Corr
0.89	FRBUX	Fidelity Freedom Index	Pair Corr
0.81	MNOSX	Manning Napier Overseas	Pair Corr
0.78	OPPAX	Oppenheimer Global	Pair Corr
0.88	PRLAX	T Rowe Price	Pair Corr
0.96	TRHBX	Tiaa-cref Small-cap	Pair Corr
0.88	NBSMX	Neuberger Berman Small	Pair Corr
0.91	YAFFX	Amg Yacktman Focused	Pair Corr
0.77	FXAIX	Fidelity 500 Index	Pair Corr
0.93	RDATX	American Funds 2010	Pair Corr
0.89	BERDX	Carillon Chartwell Mid	Pair Corr
0.9	FGPMX	Franklin Gold And	Pair Corr
0.95	MARFX	Blackrock Mdcp Val	Pair Corr

Moving against James Mutual Fund

0.54

UJPSX

Ultrajapan Profund

Pair Corr

Related Correlations Analysis

	TTDAX	SHXPX	SEMCX	SFDYX	SIPIX	GILCX	BSVSX	DLCMX	SPTE	HMSFX
TTDAX		0.86	0.8	0.7	0.7	0.89	0.74	0.59	0.82	0.39	TTDAX
SHXPX	0.86		0.68	0.76	0.76	0.84	0.88	0.52	0.66	0.16	SHXPX
SEMCX	0.8	0.68		0.82	0.82	0.94	0.7	0.82	0.85	0.77	SEMCX
SFDYX	0.7	0.76	0.82		1.0	0.84	0.88	0.76	0.69	0.56	SFDYX
SIPIX	0.7	0.76	0.82	1.0		0.84	0.88	0.75	0.69	0.56	SIPIX
GILCX	0.89	0.84	0.94	0.84	0.84		0.79	0.79	0.84	0.6	GILCX
BSVSX	0.74	0.88	0.7	0.88	0.88	0.79		0.5	0.57	0.24	BSVSX
DLCMX	0.59	0.52	0.82	0.76	0.75	0.79	0.5		0.85	0.83	DLCMX
SPTE	0.82	0.66	0.85	0.69	0.69	0.84	0.57	0.85		0.71	SPTE
HMSFX	0.39	0.16	0.77	0.56	0.56	0.6	0.24	0.83	0.71		HMSFX
	TTDAX	SHXPX	SEMCX	SFDYX	SIPIX	GILCX	BSVSX	DLCMX	SPTE	HMSFX

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

Risk-Adjusted Indicators

There is a big difference between James Mutual Fund performing well and James Small 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 James Small'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
TTDAX	0.52	(0.02)	(0.03)	0.01	0.72	(0.60)	1.05	(1.40)	3.40
SHXPX	0.80	0.00	0.00	0.04	1.01	(0.88)	2.06	(1.78)	5.32
SEMCX	0.66	0.07	0.08	0.11	0.68	(0.75)	1.53	(1.42)	3.97
SFDYX	1.15	0.50	0.58	0.91	0.00	(1.50)	1.65	(1.42)	28.50
SIPIX	1.16	0.50	0.58	0.91	0.00	(1.50)	1.66	(1.40)	28.63
GILCX	0.53	0.01	0.00	0.05	0.58	(0.59)	1.14	(1.08)	3.04
BSVSX	1.33	0.17	0.14	0.15	1.12	(1.86)	2.41	(2.53)	16.57
DLCMX	0.65	0.09	0.08	0.40	0.71	(0.71)	1.39	(1.19)	3.49
SPTE	1.03	0.05	0.03	0.08	1.54	(0.90)	1.88	(2.25)	6.11
HMSFX	0.70	0.23	0.24	(9.95)	0.52	(0.87)	1.54	(1.28)	3.90

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