Retirement Living Correlations

Mutual Funds . USA . 
Fund . Retirement Living Through
JHRTX Fund  USD 12.41  0.07  0.56%   
The current 90-days correlation between Retirement Living Through and Versatile Bond Portfolio is 0.35 (i.e., Weak diversification). The correlation of Retirement Living 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.

Retirement Living Correlation With Market

Very weak diversification

The correlation between Retirement Living Through and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Retirement Living Through 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 Retirement Living Through. 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 estimate.

Moving together with RETIREMENT Mutual Fund

  0.79FRBAX Regional BankPairCorr
  0.78FRBCX Regional BankPairCorr
  0.94JQLMX Multimanager LifestylePairCorr
  0.96JQLBX Multimanager LifestylePairCorr
  0.99JQLAX Multimanager LifestylePairCorr
  0.92JQLCX Multimanager LifestylePairCorr
  0.99JQLGX Multimanager LifestylePairCorr
  0.79JRBFX Regional BankPairCorr
  1.0JRETX J Hancock IiPairCorr
  0.79JRGRX Regional BankPairCorr
  0.92JRLDX Retirement Living ThroughPairCorr
  0.93JRLFX Multi Index 2010PairCorr
  0.94JRLIX Retirement Living ThroughPairCorr
  0.93JRLHX Retirement Living ThroughPairCorr
  0.93JRLKX Multi Index 2015PairCorr
  0.93JRLLX Retirement Living ThroughPairCorr
  0.94JRLOX Retirement Living ThroughPairCorr
  0.95JRLQX Retirement Living ThroughPairCorr
  0.94JRLPX Multi Index 2020PairCorr
  0.96JRLUX Multi Index 2045PairCorr
  0.95JRLWX Retirement Living ThroughPairCorr
  0.95JRLVX Retirement Living ThroughPairCorr
  0.95JRLZX Retirement Living ThroughPairCorr
  1.0JROUX J Hancock IiPairCorr
  0.94JRODX J Hancock IiPairCorr
  0.98JAAFX Jhancock Multi IndexPairCorr
  0.98JAAJX Jhancock Multi IndexPairCorr
  0.98JAAKX Jhancock Multi IndexPairCorr
  0.95JRTBX Retirement Living ThroughPairCorr
  0.94JRTAX Retirement Living ThroughPairCorr
  0.95JRTDX Multi Index 2025PairCorr
  0.96JRTGX Retirement Living ThroughPairCorr
  0.95JRTFX Retirement Living ThroughPairCorr
  0.96JRTIX Multi Index 2030PairCorr
  0.99JAAVX Jhancock MultimanagerPairCorr
  0.97JRTKX Retirement Living ThroughPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between RETIREMENT Mutual Fund performing well and Retirement Living 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 Retirement Living'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
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY