Leuthold E Correlations

Mutual Funds . USA . 
Fund . Leuthold E Investment
LCRIX Fund  USD 21.95  0.11  0.50%   
The current 90-days correlation between Leuthold E Investment and Leuthold E Investment is 0.17 (i.e., Average diversification). The correlation of Leuthold E 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.

Leuthold E Correlation With Market

Average diversification

The correlation between Leuthold E Investment and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Leuthold E Investment and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leuthold E Investment. 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 gross domestic product.

Moving together with Leuthold Mutual Fund

  0.63IVHIX Ivy High IncomePairCorr
  0.76VIGIX Vanguard Growth IndexPairCorr
  0.75FDTRX Franklin DynatechPairCorr
  0.68TAIAX American Funds TaxPairCorr
  0.88GAB Gabelli Equity TrustPairCorr
  0.81DODGX Dodge Stock FundPairCorr
  0.74MDCPX Blackrock Bal CapPairCorr
  0.85FSLEX Environment And AltePairCorr
  0.84CAGIX Calvert AggressivePairCorr
  0.87JEPIX Jpmorgan Equity PremiumPairCorr
  0.87DOXGX Dodge Cox StockPairCorr
  0.89AREFX One Choice 2055PairCorr
  0.71TFBRX American Beacon TwenPairCorr
  0.77ADX Adams Diversified EquityPairCorr
  0.81ANCFX American Funds FundaPairCorr

Moving against Leuthold Mutual Fund

  0.8GRZZX Grizzly ShortPairCorr
  0.53GLBIX Leuthold GlobalPairCorr
  0.53GLBLX Leuthold GlobalPairCorr
  0.43LSLTX Leuthold Select InduPairCorr
  0.52CIFRX Columbia Porate IncomePairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
HWAIX
+ 0.88
HWSCX
CMAAX
+ 0.2
HWSCX
HWAIX
+ 0.15
CMAAX
HWSCX
+ 0.12
LCORX
HWAIX
+ 0.08
LCORX
  
High negative correlations   
CMAAX
- 0.18
LCORX

Risk-Adjusted Indicators

There is a big difference between Leuthold Mutual Fund performing well and Leuthold E 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 Leuthold E'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