Perkins Small Correlations

Mutual Funds . USA . 
Fund . Perkins Small Cap
JCSCX Fund  USD 22.51  0.08  0.36%   
The current 90-days correlation between Perkins Small Cap and Growth Fund Growth is 0.29 (i.e., Modest diversification). The correlation of Perkins 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.

Perkins Small Correlation With Market

Poor diversification

The correlation between Perkins Small Cap and DJI is 0.64 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Perkins 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 Perkins 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 unemployment.

Moving together with Perkins Mutual Fund

  0.76JRAAX Janus ResearchPairCorr
  0.76JRARX Janus Henderson ResearchPairCorr
  0.76JRASX Janus ResearchPairCorr
  0.86JAAGX Enterprise PortfolioPairCorr
  0.78JABAX Janus BalancedPairCorr
  0.78JABCX Janus BalancedPairCorr
  0.84JRSAX Intech Managed VolatilityPairCorr
  0.8JRSDX Intech Managed VolatilityPairCorr
  0.8JRSCX Intech Managed VolatilityPairCorr
  0.8JRSIX Intech Managed VolatilityPairCorr
  0.84JRSNX Intech Managed VolatilityPairCorr
  0.74JACTX Janus Forty FundPairCorr
  0.84JADGX Janus Growth AndPairCorr
  0.78JABNX Janus BalancedPairCorr
  0.78JABRX Janus BalancedPairCorr
  0.82JAENX Janus EnterprisePairCorr
  0.66JAFLX Flexible Bond PortfolioPairCorr
  0.81JAGLX Janus Global LifePairCorr
  0.63JAHYX Janus High YieldPairCorr
  0.82JANEX Janus EnterprisePairCorr
  0.84JANIX Janus TritonPairCorr
  0.87JANRX Janus Global SelectPairCorr
  0.89JANVX Janus VenturePairCorr
  0.74JAMRX Janus ResearchPairCorr
  0.88JSCVX Perkins Small CapPairCorr
  0.97JSCOX Perkins Small CapPairCorr
  0.74JARTX Janus Forty FundPairCorr
  0.7JASBX Janus Short TermPairCorr
  0.86JSHCX Janus Short TermPairCorr
  0.84JATTX Janus TritonPairCorr
  0.62JSHNX Janus Short TermPairCorr
  0.87JAVTX Janus VenturePairCorr
  0.88JSIVX Perkins Small CapPairCorr
  0.78JSLNX Janus Henderson GlobalPairCorr
  0.82JAWWX Janus Global ResearchPairCorr
  0.84JSMGX Janus TritonPairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Perkins Mutual Fund performing well and Perkins 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 Perkins 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.

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY