Ladenburg Growth Correlations

Mutual Funds . USA . 
Fund . Ladenburg Growth
LGWCX Fund  USD 18.49  0.12  0.65%   
The current 90-days correlation between Ladenburg Growth and William Blair Large is 0.83 (i.e., Very poor diversification). The correlation of Ladenburg Growth 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.

Ladenburg Growth Correlation With Market

Almost no diversification

The correlation between Ladenburg Growth and DJI is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ladenburg Growth 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 Ladenburg Growth. 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 main economic indicators.

Moving together with Ladenburg Mutual Fund

  1.0LGWAX Ladenburg GrowthPairCorr
  1.0LGWIX Ladenburg GrowthPairCorr
  0.73LNOCX Ladenburg Income GrowthPairCorr
  0.77LNOAX Ladenburg Income GrowthPairCorr
  0.77LNOIX Ladenburg Income GrowthPairCorr
  0.97LOWAX Ladenburg Growth IncomePairCorr
  0.97LOWCX Ladenburg Growth IncomePairCorr
  0.98LOWIX Ladenburg Growth IncomePairCorr
  1.0LAGIX Ladenburg AggressivePairCorr
  1.0LAWCX Ladenburg AggressivePairCorr
  1.0LAWAX Ladenburg AggressivePairCorr
  0.85FFIFX American FundsPairCorr
  0.85FAIFX American FundsPairCorr
  0.83IFACX Income FundPairCorr
  0.85IFAFX Income FundPairCorr
  0.85AMECX Income FundPairCorr
  0.83RIDBX Income FundPairCorr
  0.84CIMEX Income FundPairCorr
  0.85RIDFX Income FundPairCorr
  0.83CIMCX Income FundPairCorr
  0.85CIMFX Income FundPairCorr
  0.99VSTSX Vanguard Total StockPairCorr
  0.99VSMPX Vanguard Total StockPairCorr
  0.99VITSX Vanguard Total StockPairCorr
  0.98VFFSX Vanguard 500 IndexPairCorr
  0.98VFIAX Vanguard 500 IndexPairCorr
  0.98VINIX Vanguard InstitutionalPairCorr
  0.99VTSAX Vanguard Total StockPairCorr
  0.79FSDAX Defense And AerospacePairCorr
  0.98VFINX Vanguard 500 IndexPairCorr
  0.87RPGRX T Rowe PricePairCorr
  0.91BUFHX Buffalo High YieldPairCorr
  0.98TIMVX Tiaa-cref Mid-capPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Ladenburg Mutual Fund performing well and Ladenburg Growth 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 Ladenburg Growth'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.

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