Lkcm International Correlations

LKINX Fund

USD 13.39 0.06 0.45%

The current 90-days correlation between Lkcm International Equity and Greenspring Fund Retail is 0.23 (i.e., Modest diversification). The correlation of Lkcm International 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.

Lkcm International Correlation With Market

Modest diversification

The correlation between Lkcm International Equity and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lkcm International Equity 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 Lkcm International Equity. 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 board of governors.

Moving together with Lkcm Mutual Fund

0.64	AQEIX	Lkcm Aquinas Catholic	Pair Corr
0.61	LKBAX	Lkcm Balanced	Pair Corr
0.61	LKEQX	Lkcm Equity Fund	Pair Corr
0.69	LKFIX	Lkcm Fixed Income	Pair Corr
0.89	VGTSX	Vanguard Total Inter	Pair Corr
0.89	VTIAX	Vanguard Total Inter	Pair Corr
0.89	VTSNX	Vanguard Total Inter	Pair Corr
0.97	VTPSX	Vanguard Total Inter	Pair Corr
0.97	VTISX	Vanguard Total Inter	Pair Corr
0.98	VTMGX	Vanguard Developed	Pair Corr
0.98	VDVIX	Vanguard Developed	Pair Corr
0.98	VTMNX	Vanguard Developed	Pair Corr
0.98	VDIPX	Vanguard Developed	Pair Corr
0.89	FSPSX	Fidelity International	Pair Corr
0.97	BTMPX	Ishares Msci Eafe	Pair Corr
0.97	BTMKX	Blackrock International	Pair Corr
0.97	MDIIX	Blackrock Intern Index	Pair Corr

Moving against Lkcm Mutual Fund

0.73	BRBPX	Managed Volatility	Pair Corr
0.68	EGRAX	Eaton Vance Global	Pair Corr
0.62	MXFIX	Mainstay Floating Rate	Pair Corr
0.59	COGVX	Cognios Large Cap	Pair Corr
0.49	TAAEX	Transamerica Capital	Pair Corr
0.45	MSMFX	Msift Mid Cap	Pair Corr
0.42	MLPNX	Oppenheimer Steelpath Mlp	Pair Corr
0.41	MLPMX	Oppenheimer Steelpath Mlp	Pair Corr
0.38	SPMPX	Invesco Steelpath Mlp	Pair Corr
0.37	SPMJX	Invesco Steelpath Mlp	Pair Corr

Related Correlations Analysis

	GRSPX	DHGCX	LEQCX	DFVEX	SNPTX	DDCFX
GRSPX		0.26	0.21	0.71	0.45	0.37	GRSPX
DHGCX	0.26		0.5	0.57	0.68	0.82	DHGCX
LEQCX	0.21	0.5		0.77	0.81	0.1	LEQCX
DFVEX	0.71	0.57	0.77		0.91	0.4	DFVEX
SNPTX	0.45	0.68	0.81	0.91		0.44	SNPTX
DDCFX	0.37	0.82	0.1	0.4	0.44		DDCFX
	GRSPX	DHGCX	LEQCX	DFVEX	SNPTX	DDCFX

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Risk-Adjusted Indicators

There is a big difference between Lkcm Mutual Fund performing well and Lkcm International 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 Lkcm International'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GRSPX	0.76	(0.04)	0.00	(0.14)	0.00	0.00	1.30	(1.23)	10.63
DHGCX	0.16	(0.02)	0.00	(0.25)	0.00	0.00	0.36	(0.36)	0.99
LEQCX	0.41	0.05	0.06	0.33	0.43	(0.44)	0.87	(0.71)	2.97
DFVEX	0.60	0.01	0.00	0.06	0.79	(0.68)	1.07	(1.06)	7.28
SNPTX	0.48	0.01	(0.01)	0.05	0.73	(0.49)	1.01	(1.19)	4.79
DDCFX	0.21	(0.03)	0.00	(0.93)	0.00	0.00	0.44	(0.44)	1.42

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