Retirement Living Correlations

Mutual Funds . USA . 
Fund . Retirement Living Through
JRTJX Fund  USD 12.44  0.01  0.08%   
The current 90-days correlation between Retirement Living Through and Regional Bank Fund is 0.15 (i.e., Average 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 inflation.

Moving together with RETIREMENT Mutual Fund

  0.73FRBAX Regional BankPairCorr
  0.72FRBCX Regional BankPairCorr
  0.89JQLMX Multimanager LifestylePairCorr
  0.88JQLBX Multimanager LifestylePairCorr
  0.88JQLAX Multimanager LifestylePairCorr
  0.9JQLCX Multimanager LifestylePairCorr
  0.89JQLGX Multimanager LifestylePairCorr
  0.73JRBFX Regional BankPairCorr
  0.88JRETX J Hancock IiPairCorr
  0.73JRGRX Regional BankPairCorr
  0.99JRLDX Retirement Living ThroughPairCorr
  0.89JRLFX Multi Index 2010PairCorr
  0.88JRLIX Retirement Living ThroughPairCorr
  0.89JRLHX Retirement Living ThroughPairCorr
  0.88JRLKX Multi Index 2015PairCorr
  0.89JRLLX Retirement Living ThroughPairCorr
  0.89JRLOX Retirement Living ThroughPairCorr
  0.98JRLQX Retirement Living ThroughPairCorr
  0.89JRLPX Multi Index 2020PairCorr
  0.83JRLUX Multi Index 2045PairCorr
  0.83JRLWX Retirement Living ThroughPairCorr
  0.84JRLVX Retirement Living ThroughPairCorr
  0.83JRLZX Retirement Living ThroughPairCorr
  0.88JROUX J Hancock IiPairCorr
  0.83JRODX J Hancock IiPairCorr
  0.87JAAFX Jhancock Multi IndexPairCorr
  0.87JAAJX Jhancock Multi IndexPairCorr
  0.62JAAIX Alternative AssetPairCorr
  0.87JAAKX Jhancock Multi IndexPairCorr
  0.89JRTBX Retirement Living ThroughPairCorr
  0.88JRTAX Retirement Living ThroughPairCorr
  0.89JRTDX Multi Index 2025PairCorr
  0.88JRTGX Retirement Living ThroughPairCorr
  0.88JRTFX Retirement Living ThroughPairCorr
  0.89JRTIX Multi Index 2030PairCorr
  0.95JAAVX Jhancock MultimanagerPairCorr
  0.88JRTKX 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.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
FRBAX  1.21 (0.07) 0.00 (0.01) 0.00 
 0.00 
 2.35 
(2.91)
 18.11 
FRBCX  1.22 (0.08) 0.00 (0.02) 0.00 
 0.00 
 2.35 
(2.92)
 18.58 
JQLMX  0.26  0.00 (0.08) 0.03  0.36 
(0.28)
 0.57 
(0.57)
 2.02 
JQLBX  0.34  0.00 (0.04) 0.05  0.50 
(0.36)
 0.75 
(0.73)
 2.73 
JQLAX  0.52 (0.01)(0.03) 0.03  0.83 
(0.52)
 1.16 
(1.29)
 4.36 
JQLCX  0.17 (0.01)(0.13) 0.01  0.22 
(0.22)
 0.42 
(0.34)
 1.44 
JQLGX  0.45  0.00 (0.04) 0.04  0.68 
(0.47)
 1.00 
(1.20)
 3.71 
JRBFX  1.21 (0.07) 0.00 (0.01) 0.00 
 0.00 
 2.31 
(2.88)
 18.14 
JRETX  0.54  0.00 (0.02) 0.04  0.81 
(0.58)
 1.15 
(1.37)
 4.32 
JRGRX  1.20 (0.07) 0.00 (0.01) 0.00 
 0.00 
 2.31 
(2.88)
 18.14 

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